Oils & Fats International News
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Lowered taxes to boost Argentine soyabean meal and oil exports
The Argentine government’s announcement that it was planning to lower export taxes on soyabean oil and soyabean meal was expected to boost exports of those products, sources told AgriCensus.
05 December 2022 -
FAO forecasts 7% rise in global oilseed production
Global oilseed production is forecast to reach an all-time high in the 2022/23 marketing year, with increased outputs of soyabean and rapeseed expected to offset a likely drop in sunflower seed production, according to a new report by the United Nations (UN)’s Food and Agriculture Organization (FAO).
02 December 2022 -
Bunge to partner French grains and oilseeds originator BZ Group
Global agribusiness giant Bunge has formed a partnership with French grains and oilseeds originator BZ Group.
02 December 2022 -
Neste to acquire Crimson Renewable Energy’s used cooking oil collection and aggregation business in USA
Finnish renewable fuels producer Neste is set to acquire Crimson Renewable Energy’s used cooking oil (UCO) collection and aggregation business in the USA.
01 December 2022 -
IGC webinar looks at ways to improve grain export logistics in Ukraine
The United Nations (UN)-brokered Black Sea grain corridor had led to the export of 12M tonnes of foodstuffs from Ukraine since its introduction on 22 July but logistical problems were still affecting exports from the region, Ben Parker, the officer-in-charge of the Office of the UN co-ordinator for the Black Sea Grain Initiative (BSGI) said at the International Grains Council (IGC)’s second Black Sea webinar held on 29 November.
01 December 2022 -
India’s FSSAI proposes new regulations for genetically modified or engineered foods
The Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) has proposed draft regulations for genetically modified (GM) or engineered foods, according to a report by the United States Department of Agriculture’s Foreign Agricultural Service.
30 November 2022 -
Vandalay Ventures to develop renewable diesel/SAF facility in Kota Kinabalu, Malaysia
Renewable fuel producer Vandelay Ventures is set to develop a facility in Kota Kinabalu, Malaysia, to produce renewable diesel and sustainable aviation fuel (SAF).
30 November 2022 -
Koole finalises acquisition of Alkion Terminals
Independent vegetable oils and fats storage, processing and logistics company Koole Terminals has completed its acquisition of Dutch bulk liquid storage operator Alkion Terminals.
29 November 2022 -
New study shows genetic engineering can increase oil content of seeds by 18%
A team of scientists in Singapore has used genetic engineering to significantly boost the oil content of some plants, New Atlas reported.
29 November 2022 -
Kenya to begin planting genetically modified corn as country faces severe drought
Kenyan farmers will begin planting genetically modified (GM) maize seeds early next year following the government’s recent lifting of a 10-year ban on the cultivation of GM crops, according to a BBC report.
29 November 2022 -
Agtera finalises investment in US Pacific Northwest export grain terminal
US farmer-owned co-operative Agtegra Cooperative has finalised its minority stake in EGT, which operates an export grain terminal in the US Pacific Northwest, World Grain wrote.
28 November 2022 -
DB Schenker offers SAF to customers for air travel anywhere in the world via virtual booking
German logistics company DB Schenker has announced it is offering sustainable aviation fuel (SAF) to customers for air travel anywhere in the world using virtual allocation.
28 November 2022 -
EU announces measures to ensure fertiliser supply and lower costs
The European Commission has announced a range of measures to ensure fertiliser supply and lower its cost in the EU-27, Olive Oil Times wrote.
28 November 2022