Oils & Fats International News
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Petron gets go-ahead for coconut methyl ester plant in Philippines
Oil and refining company Petron Corporation has gained the backing of shareholders for its plan to build a coconut methyl ester plant in the Philippines, The Philippine Star reported.
02 November 2022 -
Majority of US fuel ethanol deliveries in first half of year transported by rail
A total of 95% fuel ethanol deliveries between regions in the USA in the first half of the year was made by rail, according to a report in the US Energy Information Agency (EIA)’s Petroleum Supply Monthly.
01 November 2022 -
European olive oil production to fall by 25% in 2022/23
Olive oil production in the European Union (EU) is expected to drop by 25% in 2022/23, according to the European Commission (EC)’s latest forecasts reported by Olive Oil Times.
01 November 2022 -
Vadaturskyy replaces late father as CEO of Nibulon
Leading Ukrainian agribusiness Nibulon has announced that Andriy Vadaturskyy has succeeded his late father, Oleksiy Vadaturskyy, as the company’s CEO.
01 November 2022 -
TUI and Cepsa sign agreement to promote production and supply of SAF
Leading tourism group TUI has signed an agreement with Spanish energy company Cepsa to promote the production and supply of sustainable aviation fuel (SAF).
31 October 2022 -
Vessels leave Ukraine despite Russian withdrawal from grain export corridor deal
A large convoy of ships left the deep sea port of Odessa on 31 October despite Russia withdrawing from the Ukraine grain export corridor deal a day earlier, The Guardian reports.
31 October 2022 -
Eni ends palm oil procurement for its biorefineries
Italian oil and gas company Eni has stopped the procurement of palm oil for use at its Venice and Gela refineries, the company announced on 25 October.
31 October 2022 -
EU rapeseed imports up 40% on previous year
Rapeseed imports in the European Union (EU) increased by 40% in the first 14 weeks of the 2022/23 season compared to the same period the previous year, Germany’s Union for the Promotion of Oil and Protein Plants (UFOP) reported.
28 October 2022 -
Adani Agri Logistics to build silo complexes in India as part of government plan to modernise storage infrastructure
Bulk handler and distributor of food grains Adani Agri Logistics (AALL) is set to build silo complexes at four locations in India after signing an agreement with the Food Corporation of India (FCI), Maritime Gateway reported.
28 October 2022 -
Bayer starts commercial use of drone services for farmers in India
German chemical giant Bayer has started the commercial use of drones for crop protection in India, Krishak Jagat reports.
27 October 2022 -
Olleco-Bunge joint venture to create full life-cycle oil collection business in Europe
Global agribusiness giant Bunge and Olleco, UK, are forming a 50/50 joint venture to create a full life-cycle oil collection business in Europe.
27 October 2022 -
Unilever says processing soya does not decrease its protein nutritional quality
Processing soya does not decrease its protein nutritional quality, according to a new study by scientists from consumer goods giant Unilever and Wageningen University and Research.
26 October 2022 -
EU oilseed production forecast to rise 3%
Oilseed production in the European Union (EU) is forecast to rise by 3% in 2022/23, according to a report by Foreign Agricultural Service (FAS) analysts at the United States Department of Agriculture (USDA).
26 October 2022