Oils & Fats International News
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Neste launches study into transitioning Porvoo refinery into a renewable site and ending crude oil refining in mid-2030s
Finnish renewable fuels producer Neste has launched a study into transitioning its Porvoo site into a renewable and circular site and ending crude oil refining in the middle of the next decade, the company said.
03 October 2022 -
China plans to use less soyabean meal in feed in bid to increase food security
The Chinese government has announced plans to reduce the amount of soyabean meal in feed products as part of a larger plan to boost food security, World Grain reported.
03 October 2022 -
Launch of first Global Palm Oil Barometer to represent smallholders
The first global Palm Oil Barometer report has been launched by international civil society organisation Solidaridad and smallholder producer organisations in Asia, Africa and Latin-America, Solidaridad announced on 15 September.
30 September 2022 -
Russian associations warn of disruption to planting campaign if farmers are called up for military service
Trade associations in Russia are warning that the country’s planting campaign will be disrupted if farmers are called up for military service, according to an AgriCensus report.
30 September 2022 -
Ukraine completes winter rapeseed planting
The winter rapeseed planting campaign in Ukraine was completed in the week ending 26 September, AgriCensus reported from official government data.
29 September 2022 -
Industry expert forecasts 30% slump in palm oil prices
Palm oil prices look set to drop by 30%, The Edge Markets quoted industry expert and Godrej International director Dorab Mistry as saying.
29 September 2022 -
Up to 15% of Ukrainian crop storage facilities destroyed, damaged or controlled by Russia
Around 15% of Ukrainian crop storage facilities has been destroyed, damaged or controlled by Russia and its forces since it invaded the country, US non-governmental organisation the Conflict Observatory was quoted as saying in a World Grain report.
28 September 2022 -
Indonesia unlikely to lift DMO palm oil policy but may increase export quota instead
The government of Indonesia is unlikely to remove its current Domestic Market Obligation (DMO) policy on palm oil but might increase the current export quota instead, AgriCensus quotes a senior official from the Indonesian Palm Oil Association (Gapki) as saying.
28 September 2022 -
Stepan to acquire surfactants producer PerformanX
US speciality chemicals company Stepan has agreed to acquire surfactants producer PerformanX Specialty Chemicals, the Independent Commodity Intelligence Services (ICIS) reported.
27 September 2022 -
EU rejects attempt to further limit crop-based biofuels
The European Parliament has voted to reject amendments that would have put further restrictions on crop-based biofuels, Ethanol Producer magazine wrote.
27 September 2022 -
Biden announces tentative agreement to avert rail strike
US President Joe Biden announced a tentative agreement with railway workers just hours before they were due to start a strike, World Grain reported.
26 September 2022 -
PRONATEC organic cocoa bean processing plant in Switzerland starts production
Swiss organic chocolate and food raw materials supplier PRONATEC’s cocoa processing plant in Beringen, Switzerland, has started production, the company announced.
26 September 2022 -
China reduces forecasts for 2021/22 edible oil production and imports
Forecasts for edible oil production and imports in China for 2021/22 have been cut due to higher international prices and lower import margins, according to the monthly update to the country’s Agriculture Supply and Demand Estimates (Casde) reported by AgriCensus.
26 September 2022