Oils & Fats International News
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Indian government launches initiative to boost oilseed production and reduce imports of cooking oils
The Indian government has launched a campaign to boost oilseed production and reduce imports of cooking oil, The Economic Times reported Union Agriculture Minister Arjun Munda as saying.
18 March 2024 -
Record sales volume lifts Viterra revenue ahead of merger with Bunge
Glencore-backed grain handling business Viterra reported record annual sales volumes of 127M tonnes in 2023 ahead of its merger with leading US agribusiness Bunge, World Grain reported.
15 March 2024 -
New T&E report claims Eni is not delivering on African feedstock plan
Italian oil and gas company Eni is not delivering on its plan to produce thousands of tonnes of biofuel crops, according to a new report by clean transport campaign group Transport & Environment (T&E) in collaboration with The Continent newspaper.
15 March 2024 -
Bayer calls off break-up after huge loss
German chemical giant Bayer has called off plans to break up the group for up to three years to allow the new chief executive officer (CEO) to focus on issues including debt and litigation, Reuters reported.
14 March 2024 -
Vopak commissions 40,000m³ of capacity for bio-bunkering in Singapore
Global tank storage company Vopak has commissioned 40,000m³ of capacity for bio-bunkering at its Sebarok Terminal in Singapore.
14 March 2024 -
Italian olive oil production rebounds
Olive oil production in Italy is expected to total 324,000 tonnes in the 2023/24 crop year, according to the latest forecast by the European Commission (EC) reported by Olive Oil Times.
13 March 2024 -
WTO panel upholds EU RED II measures on palm oil but rules some aspects inconsistent with its rules
The World Trade Organization (WTO) has upheld the European Union (EU)’s palm oil measures under the Renewable Energy Directive (RED II) while ruling that some aspects were inconsistent with its rules, the EU’s Policy Trade website reported.
13 March 2024 -
G3 Canada expands network with new elevator in Québec
Canadian grain company G3 Canada, which operates the Trois-Rivières and Québec City terminals, has expanded its network with the acquisition of Élévateurs Beauchemin.
12 March 2024 -
Cepsa and Bio-Oils begin construction of SAF/HVO facility in Spain
Spanish multinational oil and gas company Cepsa and Bio-Oils have started construction of a sustainable aviation fuel (SAF)/hydro-treated vegetable oil (HVO) plant in Huelva, Spain.
12 March 2024 -
LG Chem and CJ CheilJedang sign deal for bio-nylon joint venture in South Korea
Chemical company LG Chem has signed a deal with food conglomerate CJ CheilJedang for a bio-nylon joint venture in South Korea.
11 March 2024 -
New study shows US soyabean’s carbon footprint decreasing
The US soyabean industry’s carbon footprint has decreased significantly, according to new research by the United Soybean Board (USB) reported by SeedWorld.
11 March 2024 -
Singapore sets 1% SAF target from 2026
The Civil Aviation Authority of Singapore (CAAS) has set a target of 1% use of sustainable aviation fuel (SAF) from 2026, Eco-Business reported.
08 March 2024 -
TotalEnergies teams up with Airbus on SAF project
Global multi-energy company TotalEnergies has formed a sustainable aviation fuel (SAF) partnership with European aircraft manufacturer Airbus.
08 March 2024