Oils & Fats International News
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ADM seeks partners to license new crop assessment technology
Global agribusiness giant ADM is looking for partners to license its new crop assessment technology, the company announced on 5 November.
17 November 2020 -
Louis Dreyfus sells large stake to Abu Dhabi-based ADQ
Global agribusiness Louis Dreyfus Company (LDC) has agreed to sell a large stake in the company to Abu Dhabi-based holding company ADQ, the companies announced on 11 November.
16 November 2020 -
Lobby warns of national strike as Argentine crush workers’ wage talks stall
A lack of progress in wage negotiations by oilseed workers and grain receivers in Argentina could lead to a nationwide strike, AgriCensus reported on 13 November from a statement by the local crushing and exporters chamber Ciara-CEC.
13 November 2020 -
Diamond Green Diesel set to double renewable fuel capacity using Honeywell technology
US oil and natural gas company Diamond Green Diesel is set to double the production capacity of its Norco renewable diesel plant using Honeywell technology, Biomass reported on 3 November.
13 November 2020 -
Bayer reports US$11bn loss in third quarter, flags higher Roundup settlement bill
German chemicals giant Bayer is facing higher legal charges for cancer claims relating to its weedkiller Roundup and US$10.82bn for impairments on agriculture businesses, much of it related to its 2018 Monsanto acquisition, Reuters reported on 3 November.
12 November 2020 -
Indonesian smallholders first in world to gain new RSPO certification
Independent smallholders in Indonesia have become the first to be certified under the new RSPO independent Smallholder (ISH) Standard, the RSPO announced on 21 October.
12 November 2020 -
IPOC 2020 New Normal to be held on 2-3 December
The Indonesian Palm Oil Conference & Price Outlook (IPOC 2020) will be held online this year from 2-3 December.
11 November 2020 -
Bunge profits boosted by success of edible oils business
Global agribusiness giant Bunge reported a 91% jump in its 2020 third-quarter profit with strong soya processing margins and robust demand for soya products boosting its core activities, Reuters reported on 28 October.
11 November 2020 -
EPA approves dicamba herbicides
The US Environmental Protection Agency (EPA) has granted five-year registrations for three dicamba herbicides, DTN reported on 27 October.
10 November 2020 -
BASF makes further progress towards reaching its 2020 palm commitment
German chemical and biotech giant BASF is making progress towards reaching its commitment to source 100% certified sustainable palm (kernel) oil, the company announced on 28 October.
09 November 2020 -
Neste set to acquire Bunge’s Rotterdam refinery and increase pre-treatment capacity
Finnish renewable diesel and sustainable jet fuel producer Neste is set to acquire a refinery in Rotterdam from global agribusiness giant Bunge for €258M (US$306M), the companies announced on 3 November.
06 November 2020 -
Repsol to build Spain's first advanced biofuels plant in Cartagena
Spanish energy company Repsol is set to build the first plant in Spain for the production of low-carbon advanced biofuels including hydrotreated vegetable oil (HVO) at its refinery in Cartagena, the company announced on 22 October.
06 November 2020 -
B&G Foods acquires Crisco brand from JM Smucker
US-based manufacturer B&G Foods is set to acquire the Crisco cooking oil and bakery shortening brand and an associated manufacturing facility from food and drink company JM Smucker, the companies announced on 26 October.
05 November 2020
