Oils & Fats International News
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ADM completes acquisition of Brazilian glycerine producer
Global agribusiness giant ADM has completed its acquisition of a controlling stake in Brazilian glycerine producer Buckminster Química.
25 December 2023 -
Shipping slots on drought-hit Panama Canal set to increase
The Panama Canal Authority (ACP) has said it would increase the number of booking slots available in its Panamax and Neopanamax slots after one of the world’s busiest trade routes had to reduce ship crossings due to a severe drought, Reuters reported.
25 December 2023 -
Police in Spain and Italy seize 5,000 litres of adulterated olive oil in raids
More than 5,000 litres of adulterated olive oil have been seized in raids by police in Spain and Italy, The Guardian reported.
22 December 2023 -
New research shows fatty foods can impair the body’s response to everyday stress
Eating fatty foods during stressful periods can impair the body’s ‘recovery’ from the effects of stress, according to a new study at the University of Birmingham.
22 December 2023 -
Bunge starts construction of Netherlands plant
Global agribusiness giant Bunge has started construction of its new plant in the Port of Amsterdam, the Netherlands.
21 December 2023 -
Bulgarian agriculture ministry proposes draft quotas for Ukrainian imports
Bulgaria’s agriculture ministry has proposed the introduction of draft quotas for some Ukrainian imports, including sunflowerseed and sunflower oil, AgriCensus wrote.
21 December 2023 -
Sime Darby to restore 400ha of peatland
Malaysia-based palm oil company Sime Darby Plantation Berhad (SDP) has announced plans to restore 400ha of peatland.
20 December 2023 -
USDA revises Indonesian palm oil production forecast down to 45.8M tonnes for 2023/24
The United States Department of Agriculture (USDA) has reduced its 2023/24 forecast for Indonesian palm oil production to 45.8M tonnes due to lower yields caused by El Niño-induced dryness.
20 December 2023 -
COFCO passes European feed industry benchmark
Global agribusiness COFCO International has passed an independent benchmarking process and can now offer deforestation and conversion-free soyabeans in accordance with the European feed industry’s requirements.
19 December 2023 -
Cargo ship carrying biodiesel feedstock from Malaysia to Italy attacked by Houthis in protest against Israel’s bombardment of Gaza
Yemen’s Houthis said they hit a Norwegian commercial tanker carrying biodiesel feedstock from Malaysia to Italy with a missile in their latest protest against Israel’s bombardment of Gaza, Reuters reported.
19 December 2023 -
Pakistan’s biosafety amendments will allow GE soyabean and canola imports to resume
Amendments to Pakistan’s biosafety guidelines will allow imports of genetically engineered (GE) soyabean and canola to resume, according to a report by the United States Department of Agriculture (USDA).
18 December 2023 -
China revises measures on labelling agricultural GMOs
China has revised its measures on labelling agricultural genetically modified organisms (GMOs), according to a report by the United States Department of Agriculture (USDA).
18 December 2023 -
Wilmar to expand agribusiness operations in Papua New Guinea
Leading Asian agribusiness Wilmar International has signed an agreement with the government of Papua New Guinea to expand its agribusiness operations in the country, according to a report in the Post-Courier newspaper, World Grain wrote.
18 December 2023