Oils & Fats International News
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NGOs accuse Bayer of hiding data on glyphosate risk
A group of NGOs has filed claims in an Austrian court alleging that German chemical giant Bayer withheld data showing health risks from exposure to its herbicide glyphosate, Phys Org wrote.
16 October 2023 -
Corteva, Bayer supply majority of corn, cotton and soyabean seeds in USA in 2018-2020
More than half of US retail sales of corn, cotton and soyabean seeds in 2018-2020 – the most up-to-date estimates available – were supplied by Corteva and Bayer, according to a report by the US Department of Agriculture (USDA)’s Economic Research Service (ERS).
13 October 2023 -
Palm oil prices rise amid turmoil in Middle East
Malaysian palm oil prices have risen due to expectations of increased biodiesel demand following a hike in crude oil prices against a backdrop of turmoil in the Middle East, Business Recorder reported.
13 October 2023 -
Palm oil company pays fines more than a decade after Aceh forest fire case
Palm oil company PT Kallista Alam has started paying for the environmental damage the company caused through a forest fire more than a decade ago, the Jakarta Post wrote.
12 October 2023 -
Moldova to limit Ukrainian grain imports while allowing transit to third countries
Ukrainian grain imports into Moldova will be limited to protect local farmers while transit to third countries would be allowed to continue, Reuters reported from a government statement.
12 October 2023 -
Global vegetable oil production forecast to reach record levels in 2023/24
Worldwide production of vegetable oil is forecast to reach record levels in the 2023/24 marketing year, according to latest estimates by the United States Department of Agriculture (USDA) reported by Germany’s Union for the Promotion of Oil and Protein Plants (UFOP).
11 October 2023 -
CSPO production exceeded 15M tonnes last year
Production of certified sustainable palm oil (CSPO) exceeded 15M tonnes last year, representing 20% of global crude palm oil (CPO) production, according to new data published by the Roundtable on Sustainable Palm Oil (RSPO).
11 October 2023 -
BP is partner in soyabean processing plant in South Dakota
A new soyabean processing plant being built by South Dakota Soybean Processors (SDSP) would be jointly owned by SDSP subsidiary High Plains Partners and BP Products North America, a subsidiary of global energy giant BP, World Grain wrote.
10 October 2023 -
Louis Dreyfus joint venture in China completes first phase
Global agribusiness giant Louis Dreyfus Company (LDC)’s joint venture in China with Donlink Holding Group (Donlink) and Guangdong HAID Group (HAID) has completed the first phase of its new food industrial park in Guangzhou.
10 October 2023 -
ADM and Syngenta team up on oilseeds project to meet increasing demand for biofuel feedstock
Global agribusiness giant ADM has teamed up with Swiss crop protection and seeds producer Syngenta Group to increase the availability of low carbon-intensity next-generation oilseeds and improved varieties to meet increasing demand for biofuel feedstocks.
10 October 2023 -
Galp and Mitsui form partnership for SAF and renewable diesel project in Portugal
Portugal-based energy company Galp and Japan-based Mitsui & Co have announced plans to form a joint venture to produce renewable diesel and sustainable aviation fuel (SAF) at Galp’s refinery in Sines, Portugal.
09 October 2023 -
Elicit Plant set to launch bio-stimulant to boost sunflower yields in Europe
French agritech start-up Elicit Plant is set to launch a new phytosterol-based product in Europe developed to boost sunflower yields.
09 October 2023 -
Europe’s olive oil supply running out after drought
Olive oil supplies in Europe have almost run out with more shortages expected after extreme weather hit harvests for a second year, The Guardian reported.
09 October 2023