Oils & Fats International News
-
FEDIOL reacts to European Parliament vote on RED III
The European Parliament (EP)’s decision to maintain the role of crop-based biofuels in meeting the European Union (EU)’s transport renewable energy target, as part of its vote on the Renewable Energy Directive III (RED III), has been welcomed by the EU seed crushers and oil processors’ federation (FEDIOL).
20 September 2022 -
Greenergy expands biodiesel production in Amsterdam by over 25%
UK-based biodiesel supplier Greenergy has announced that it would be increasing production at its Amsterdam plant by more than 25%.
20 September 2022 -
KTC completes switch to 100% certified segregated sustainable palm oil
Leading UK edible oil supplier KTC (Edibles) Limited has announced the completion of its switch to 100% Roundtable on Sustainable Palm Oil (RSPO)-certified segregated palm oil.
19 September 2022 -
BioMar and Síldarvinnslan sign deal to build aquafeed facility in Iceland
Danish aquafeed supplier the BioMar Group and Icelandic fishing company Síldarvinnslan have signed a deal to build an aquafeed production facility in Iceland, BioMar announced.
19 September 2022 -
Mexico’s decree banning GM corn creates uncertainty
Uncertainty around the possibility of Mexico following through on a decree banning genetically modified (GM) corn continues, according to a World Grain report, as agriculture officials and trade groups outline the negative impacts of such a ban to the country’s leaders.
19 September 2022 -
EPA may shift to three-year US biofuel blending mandates
The US Environmental Protection Agency (EPA) is expected to extend the period of annual biofuel blending mandates from one year to three, according to three sources familiar with the discussions quoted by Reuters.
16 September 2022 -
FAO Vegetable Oil price index continues to decline
Global vegetable oil prices dropped 3.3% in August compared to the previous month, according to the benchmark United Nations’ Food and Agriculture Organization (FAO) Food Price Index released on 2 September.
16 September 2022 -
Cultivated Biosciences secures new funding to develop fat ingredient for plant-based dairy products
Swiss food and biotech start-up Cultivated Biosciences has secured US$1.5M funding to develop a fat ingredient for plant-based dairy products, the company announced.
15 September 2022 -
FEDIOL warns EU energy costs and supply could impact vegetable oil and meal production
The European Union (EU) seed crushers and oil processors’ federation (FEDIOL) has issued a statement raising its concerns over the cost and availability of gas and electricity, calling for options to ease pressure to maintain domestic vegetable oil and protein meal production.
15 September 2022 -
Bangchak Corporation forms joint venture with BBGI and Thanachok Oil Light for UCO-based SAF production in Thailand
Thai energy company Bangchak Corporation has announced it has formed a joint venture with vegetable oil collection company Thanachok Oil Light and biofuel producer/distributor BBGI to produce and supply sustainable aviation fuel (SAF) from used cooking oil (UCO) in Thailand.
14 September 2022 -
US renewable diesel capacity up significantly while biodiesel down, EIA says
Renewable diesel production in the USA more than doubled between 2021 and 2022 while biodiesel capacity dropped, Biodiesel magazine reported from US Energy Information Agency (EIA) data.
14 September 2022 -
US soyabean farmers to help fund expansion of Pacific Northwest export terminal
Soyabean producers in the USA have announced that they will help fund the expansion of a Pacific Northwest export terminal, Freight Waves reported.
13 September 2022 -
Indonesia extends palm oil export levy waiver to 31 October
The Indonesian government has extended its policy of waiving palm oil export levies until 31 October, Reuters reported trade minister Zulkifli Hasan as saying.
13 September 2022