Oils & Fats International News
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US renewable diesel production records largest monthly drop
Renewable diesel production in the USA recorded its largest monthly drop in the three years since the industry began its rapid expansion, according to data from the US Energy Information Administration (EIA) reported by Hydrocarbon Processing.
18 October 2024 -
Canada set to invest in oilseed sector
The Canadian government has announced a five-year plan to invest almost C$5M (US$3.6M) in developing new agronomic technologies, adaptive crop varieties and cropping systems to address environmental challenges.
17 October 2024 -
US farmers reeling after hurricanes cause billions of dollars of damage to crops and farmland
US farmers are reeling from the impact of Hurricane Helene on crops while Florida continues to assess the damage caused by Hurricane Milton, Fox5 reported.
17 October 2024 -
US canola production on the rise due to strong demand from biofuel sector
Canola production in the USA is booming due to increasing demand from the domestic biofuel sector, according to a report by Germany’s Union for Germany’s Union for the Promotion of Plants and Protein (UFOP).
16 October 2024 -
Marex acquires Spanish biofuels company Dropet
Global financial services platform the Marex Group has acquired Spanish biofuels company Dropet.
16 October 2024 -
FAO Vegetable Oil Price Index reaches highest level since early 2023
The benchmark United Nations Food and Agriculture Organization (FAO) Vegetable Oil Price Index averaged 142.4 points in September – up 6.2 points (4.6%) from the previous month – to reach its highest level since early last year.
15 October 2024 -
Turkey’s sunflowerseed crop damaged by dry weather conditions
Turkish sunflowerseed output in the current marketing year is forecast to drop to its lowest level in almost a decade due to extremely dry weather conditions in a key production region, according to a US Department of Agriculture (USDA) report.
15 October 2024 -
Daabon launches carbon-neutral palm oil
Daabon UK, part of the Daabon Group, has launched a carbon-neutral organic palm oil range.
14 October 2024 -
Russian missiles strike grain ships
A Russian missile struck a grain ship docked at Ukraine’s Port of Odessa, killing one person and injuring five crew members, according to a Reuters report citing Ukrainian officials.
14 October 2024 -
European Commission expected to tighten regulations on PAHs in olive oil
The European Commission (EC) is expected to tighten regulations on the amount of polycyclic aromatic hydrocarbons (PAH) permitted in virgin and extra virgin olive oil this year, according to an Olive Oil Times report.
11 October 2024 -
India launches national missions on edible oils and palm oil in bid to boost country’s vegetable oil production
The Indian government has launched two missions – on edible oils and palm oil – in a bid to ensure food security and end its reliance on imports, Policy Circle reported on 7 October.
11 October 2024 -
Argent Energy launches glycerine facility at Port of Amsterdam
Leading European biofuels manufacturer Argent Energy has launched a glycerine facility at its Port of Amsterdam site in the Netherlands.
10 October 2024 -
EU proposes delaying EUDR
The European Commission (EC) has proposed delaying the EU Deforestation Regulation (EUDR) by 12 months following lobbying by companies and governments around the world.
10 October 2024