Oils & Fats International News
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Shipping companies begin reintroducing services through the Suez Canal
Shipping companies have begun reintroducing services through the Suez Canal, according to a Riverside Tanker Chartering report.
20 February 2026 -
Valtris completes sale of Champlor Renewables to Avril
Global speciality additive producer Valtris Specialty Chemicals has completed the sale of its Champlor Renewables business in Baleycourt, France, to Avril Industrie.
19 February 2026 -
India faces hotter, drier February, impacting winter crops such as rapeseed
After an unusually warm January, India will be warmer and drier this month, raising risks for key crops such as wheat, rapeseed and chickpeas, according to local weather office data reported by The Star.
19 February 2026 -
US Treasury Department and Internal Revenue Service release proposed regulations for 45Z clean fuel production tax credit
The US Department of Treasury and Internal Revenue Service (IRS) released proposed regulations for the 45Z clean fuel production tax credit, as updated by the One Big Beautiful Bill (OBBB) in mid-2025, Biodiesel Magazine wrote.
18 February 2026 -
Mixed forecasts for palm oil at POC2026
Production levels in Malaysia and Indonesia - as well as demand from markets like India and China - will determine palm oil prices this season, with forecasts in the MYR3,800-4,800 (US$974-1,230)/tonne range heard at last week’s Palm & Lauric Oils Price Outlook Conference & Exhibition (POC2026).
18 February 2026 -
Eni and Q8 partner for construction of Priolo biorefinery
Italian oil and gas company Eni has announced a major strategic investment by Q8 Italy – the international arm of Kuwait Petroleum Corporation – in its ongoing construction of a new biorefinery in Priolo, Sicily.
17 February 2026 -
Chinese company operating ports at the Panama Canal threatens legal action
The former Chinese operator of container terminals at the Panama Canal has threatened legal action after its contracts were voided by the country’s Supreme Court, FreightWaves reported on 12 February.
17 February 2026 -
China lowers import value-added tax on 16 agricultural products including refined sunflower and rapeseed oils
The General Administration of Customs of China (GACC) has lowered the import value-added tax (VAT) on 16 agricultural products including refined sunflower oil, crude sunflower oil and refined rapeseed oil, according to a report by the US Department of Agriculture (USDA).
16 February 2026 -
European Commission moves to phase out palm and soya-based biofuels by 2030
The European Commission has launched a public consultation on a draft amendment proposing the gradual exclusion of biofuels derived from palm oil and soyabean oil by 2030, Biofuels International wrote.
16 February 2026 -
Food giant Kraft Heinz halts split
US multinational food company Kraft Heinz has halted plans to split the company, Reuters reported.
13 February 2026 -
LDC adds high-oil oilseed processing line in Argentina
Global agribusiness giant Louis Dreyfus Co (LDC) has added a specialised line to its complex in Timbúes, Argentina.
13 February 2026 -
SAF One announces new investment and technology partners for Middle East SAF project
Sustainable aviation fuel (SAF) solution provider SAF One has announced new investment and technology partners for its sustainable aviation fuel (SAF) project in the Middle East.
12 February 2026 -
Indonesia plans ban on palm oil waste exports to prioritise domestic use
The Indonesian government plans to restrict palm oil waste exports – including used cooking oil (UCO) – to prioritise domestic use, according to a New Straits Times report quoting the country’s President Prabowo Subianto.
12 February 2026