Oils & Fats International News
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Unilever combines food arm with McCormick to focus more on beauty, personal care and household products
Consumer goods giant Unilever has agreed a US$44.8bn deal to merge its food business with US-based spice and seasoning company McCormick.
31 March 2026 -
Studies show benefits of adding flaxseed and oil to pet food
A number of research projects have highlighted the benefits of adding flaxseed and oil to pet food, PetfoodIndustry wrote.
31 March 2026 -
MPOB launches UCO price portal to boost circular economy
The Malaysian Palm Oil Board (MPOB) has launched a used cooking oil (UCO) price portal to boost the domestic circular economy.
30 March 2026 -
Argentina set for largest sunflowerseed harvest in almost three decades
The ongoing sunflowerseed harvest in Argentina is projected be around 1.5 tonnes larger than forecast in February to reach 7M tonnes, according to US Department of Agriculture (USDA) data reported by Germany’s Union for the Promotion of Plants and Protein (UFOP).
30 March 2026 -
Alkagesta signs multi‑year biofuel storage agreement in Belgium
Global commodity trading house Alkagesta has signed a multi‑year lease agreement for biofuel storage at the Pantank facilities in Antwerp, Belgium, Biofuels International reported on 25 March.
27 March 2026 -
China’s 2026/27 soyabean imports forecast to reach 108M tonnes
Chinese soyabean imports in 2026/27 are expected to be 2M tonnes higher than the previous year’s forecast to reach 108M tonnes, according to a report by the US Department of Agriculture (USDA).
27 March 2026 -
COFCO International and Standard Chartered close US$435M sustainability-linked loan
Global agribusiness COFCO International and international cross-border bank Standard Chartered have closed a US$435M sustainability-linked loan to support responsible agriculture supply chains in South America.
26 March 2026 -
Iran reopens the Strait of Hormuz to ‘non-hostile vessels’
Iran says it has reopened the Strait of Hormuz to ‘non-hostile vessels’, indicating it will continue to exert control over the strait until a deal with the USA is struck to end the conflict between the two countries, according to a BBC report.
26 March 2026 -
Researchers explore use of fatty acids for groundwater decontamination
A research team has studied the use of fatty acids in groundwater decontamination, non-profit institute the AIP (American Institute of Physics) reported.
25 March 2026 -
LDC reports resilient 2025 results
Global agribusiness giant Louis Dreyfus Company (LDC) reported resilient 2025 results despite a backdrop of geopolitical, macroeconomic and environmental challenges.
25 March 2026 -
BASF invests €17M to expand canola breeding centre in Canada
German chemical and biotech company BASF Agricultural Solutions is investing €17M (US$19.6M) in expanding its canola breeding centre in Saskatoon, Canada.
24 March 2026 -
Unilever in talks to merge food business with US-based McCormick
Consumer goods giant Unilever is in talks to merge its food business with US-based spice and seasoning company McCormick, according to a report by The Guardian.
24 March 2026 -
EU demand for palm oil continues to decline
Palm oil imports into the European Union (EU) dropped significantly between July 2025 and early March 2026 compared to the same period the previous year, reflecting an overall decline in consumption in the bloc, according to a report by Germany’s Union for the Promotion of Plants and Protein (UFOP).
23 March 2026