Oils & Fats International News
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Port of Riga to produce HVO and SAF for Baltic market
The Port of Riga has announced it will produce hydrotreated vegetable oil (HVO) and sustainable aviation fuel (SAF) for the Baltic market in cooperation with investors from Ukraine.
19 December 2024 -
Stolt-Nielsen Inland Tanker Service bunkers all ships with HVO20 in December
Bulk liquid transport, storage and logistics company Stolt-Nielsen has announced that it would be bunkering all ships in its Stolt-Nielsen Inland Tanker Service (SNITS) fleet – more than 30 in total – with renewable fuel in December.
18 December 2024 -
Poland to build grain terminal at Gdansk
The Polish government has announced plans for a state-owned grain terminal at the Port of Gdansk in a bid to strengthen the country’s food security, Lloyds List reported.
18 December 2024 -
RFA urges California Air Resources Board to step up monitoring and verification of imported UCO feedstock
The US Renewable Fuels Association (RFA) has urged the California Air Resources Board (CARB) to step up monitoring and verification of imported used cooking oil (UCO) feedstock under the state’s Low Carbon Fuel Standard (LCFS).
17 December 2024 -
Cargill to cut 5% of global workforce
Global agribusiness giant Cargill is set to cut its global workforce by 5%, according to a World Grain report.
17 December 2024 -
COFCO delivers second shipment of deforestation-free soyabeans
China’s largest food processor and manufacturer COFCO International has sold its second shipment of deforestation-free soyabeans.
16 December 2024 -
Indonesia set to officially implement B40 biodiesel blending programme on 1 January
The Indonesian government is set to start its 40% palm oil-based biodiesel (B40) blending programme on 1 January, according to a report by The Star.
16 December 2024 -
Solarig announces development of SAF plant in Teruel
Renewable energy infrastructure developer Solarig is set to develop a sustainable aviation fuel (SAF) plant in Teruel, Spain.
13 December 2024 -
IGC forecasts marginal increase in global rapeseed area for 2025 harvest
The global rapeseed area for the 2025/26 marketing season has been estimated at 44.1M ha, according to International Grains Council (IGC) estimates reported by Germany’s Union for the Promotion of Plants and Protein (UFOP).
13 December 2024 -
Putin approves sale of Louis Dreyfus elevator unit in Russia to unnamed buyer
Russian President Vladimir Putin has approved the sale of an elevator unit owned by global agribusiness giant Louis Dreyfus Company (LDC) to an unnamed buyer, Reuters reported from a government document.
12 December 2024 -
Tariffs could cut US agricultural exports to China
A 60% tariff on Chinese goods proposed by US President-elect Donald Trump before he was elected could lead to a dramatic drop in US corn and soyabean exports to China, according to a study published by the National Corn Growers Association (NCGA) and American Soybean Association (ASA).
12 December 2024 -
EU fertiliser industry hit by low-cost Russian fertilisers
The fertiliser industry in the European Union (EU) is being impacted by surging sales of low-cost Russian fertilisers, according to a World Grain report.
11 December 2024 -
Indian edible oil body urges government to lift ban on futures trading in edible oils
The Solvent Extractors’ Association of India (SEA) has urged the Indian government to lift the ban on futures trading in edible oils to support farmers, the Business Standard reported.
11 December 2024