Oils & Fats International News
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Neste completes expansion of Singapore SAF project
Finnish renewable fuels producer Neste has completed the expansion of its sustainable aviation fuel (SAF) project in Singapore.
05 June 2023 -
Global olive oil production forecast to rebound led by rising yields in Europe
Worldwide olive oil production is expected to rebound in the upcoming 2023/24 crop year, according to preliminary estimates by the United States Department of Agriculture (USDA) reported by Olive Oil Times.
05 June 2023 -
EU rapeseed sector under pressure from surge in waste biodiesel imports
The European Union (EU)’s rapeseed sector is under pressure due to a huge increase in imported biodiesel, according to FEDIOL, the trade association representing the EU vegetable oil and protein meal industry.
05 June 2023 -
Malaysian deputy prime minister says no new land clearing for oil palm plantations
There has been no new land clearing or deforestation for oil palm plantations in Malaysia, the country’s deputy Prime Minister Datuk Seri Fadillah Yusof was quoted as saying by Asia Palm Oil magazine.
02 June 2023 -
China’s stricter customs checks for soyabeans leads to costly delays, while Canadian canola sector fears retaliation following expulsion of Chinese diplomat
A significant rise in China’s inspections of imported soyabean cargoes is leading to costly delays, according to three soyabean traders quoted by Reuters.
02 June 2023 -
Viterra set to increase storage capacity at its Etter terminal in Texas, USA
Global agricultural commodity company Viterra has announced plans to expand its grain and feed ingredients terminal in Etter, Texas, World Grain reported.
01 June 2023 -
EC considers extending temporary import ban from Ukraine to five European states
The European Commission (EC) is considering extending a temporary ban on imports of key agricultural products from Ukraine into five member states following the European Council’s decision on 25 May to extend Ukraine’s duty-free import regime for another year, AgriCensus reported.
01 June 2023 -
USDA publishes dashboard analysing grain and oilseed trade in the Black Sea
The United States Department of Agriculture (USDA)’s Foreign Agricultural Service (FAS) has published a dashboard providing in-depth data-based analysis of grain and oilseed trade in the Black Sea region.
31 May 2023 -
Viterra and Bunge in merger discussions
Global agribusiness giant Bunge has entered merger discussions with Glencore’s agriculture division Viterra, Bloomberg reported.
31 May 2023 -
Toyota Tsusho launches Japan’s first continuous supply of biofuel for ships on a commercial basis
Japanese infrastructure and industrial development company Toyota Tsusho has launched the country’s first continuous supply of biofuel for ships on a commercial basis.
30 May 2023 -
UK rapeseed production forecast to rise
Rapeseed production in the UK is forecast to increase in the 2022/23 marketing year, buffering it from reliance on imports of oilseed, meal and oil, according to a report by the United States Department of Agriculture (USDA).
30 May 2023 -
Chinese resort island at centre of alleged green fuel fraud
The Chinese resort island of Hainan has allegedly been at the centre of a green fuel fraud, Bloomberg reported.
30 May 2023 -
Indian vegetable oil imports up 21% in first six months of current marketing year
India’s vegetable oil imports increased by 21% to 8.1M tonnes (81.10 lakh tonnes) in the first six months of the current marketing year, driven by increased shipments of refined palm oil, Business Line reported.
29 May 2023