Oils & Fats International News
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Bayer ordered to pay US$1.56bn in latest US trial over Roundup weedkiller while seeking reversal of earlier US$175M verdict
A Missouri court has ordered German chemical giant Bayer to pay US$1.56bn to four claimants who alleged the company’s glyphosate-based Roundup weedkiller caused injuries including cancer, Reuters reported.
22 November 2023 -
Indonesia to convert 200,000 ha of oil palm plantations back to forests
Indonesia has announced plans to have around 200,000ha of oil palm plantations found in areas designated as forests returned to the state to be converted back to forests, Reuters reported a government official as saying.
22 November 2023 -
Argus launches Mediterranean B24 marine biodiesel price
Global energy and commodity price reporting agency Argus has launched a new Mediterranean marine biodiesel price for B24, a blend of 24% used cooking oil methyl ester (UCOME) and 76% very low sulphur fuel oil (VLSFO).
21 November 2023 -
China’s COFCO and Modern Farming Group sign ‘deforestation free’ soyabean deal
China’s largest food and agricultural company COFCO International and milk product producer Modern Farming Group have signed a ‘deforestation free’ soyabean supply agreement with Brazil, the world’s top supplier of the oilseed, Reuters reported.
21 November 2023 -
AgRural lowers forecast for Brazil’s 2023/24 soyabean crop due to heatwave in Mato Grosso
Brazil-based agribusiness consultancy AgRural has lowered its forecast for the country’s 2023/24 soyabean crop due to a heatwave in top producing region Mato Grosso state, Hellenic Shipping News reported on 14 November.
21 November 2023 -
Novozymes launches enzymatic solution for renewable diesel feedstock pre-treatment
Leading biotechnology company Novozymes has launched an enzymatic solution for renewable diesel feedstock pre-treatment.
20 November 2023 -
Sasol Chemicals launches biosurfactant brands for personal and home care sector
Global chemicals and energy company Sasol Chemicals – a business unit of Sasol – has launched a range of biosurfactants for the personal and home care sectors.
20 November 2023 -
Eni and Saipem team up to develop new biorefineries for HVO and SAF
Italian oil and gas company Eni and leading engineering firm Saipem have signed an agreement to develop new biorefineries for hydrotreated vegetable oil (HVO) and sustainable aviation fuel (SAF).
20 November 2023 -
Strong soyabean exports from Brazil push China to a record level of more than 100M tonnes of imports
China imported a record 100.85M tonnes of soyabeans in the 2022/23 marketing year (MY) due to increased shipments from Brazil, according to a report by the United States Department of Agriculture (USDA).
17 November 2023 -
Global olive oil production set for second straight year of decline
The world’s seven largest olive oil-producing countries are expected to produce 1.97M tonnes of oil in the 2023/24 crop year, according to interviews with farmers, millers and local officials quoted in an Olive Oil Times report.
17 November 2023 -
South Africa exports first soyabean shipment to China
South Africa has exported its first bulk shipment of soyabeans to China, the South African Cereals and Oilseeds Trade Association (SACOTA) reported.
16 November 2023 -
Ukraine maintains grain shipments despite logistical problems
Ukraine has maintained grain shipments despite a range of logistical problems, Ukrainian Grain Association president Nikolay Gorbachov said in a 13 November World Grain report.
16 November 2023 -
Panama Canal crisis forces US grain exporters to detour through Suez
US grain exporters are being forced to detour through the Suez Canal due to problems with water depths at the Panama Canal, Freight Waves reported.
15 November 2023