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Latest OFI Magazine News

Vivergo: UK’s 2% crop biofuel cap could prop up foreign feed producers

15 hours ago

The UK government’s planned 2% cap on crop-based biofuels could be “disastrous” for the country’s farmers and ethanol and feed producers, playing into the hands of foreign high-protein feed exporters, according to Vivergo Fuels.

China’s largest port construction company to build soya/grain handling port in southeastern Brazil

September 18, 2017

China Communications Construction Co Ltd (CCCC)  – China’s largest port construction and dredging company – is expected to sign a deal on 31 December to build a grain handling terminal in the southern Brazilian state of Santa Catarina, the China Daily reported on 5 September.

US ethanol industry calls for response on Brazilian tariffs

September 15, 2017

US biofuel producers are calling on the country’s government to develop an “immediate response” to the newly implemented Brazilian import tariffs on American ethanol.

Bunge acquires controlling share in specialty oil firm Loders Croklaan

September 14, 2017

Global agri and food company Bunge Limited acquired on 12 September a 70% ownership interest in specialty oil firm IOI Loders Croklaan in a US$946M deal that would expand Bunge’s portfolio in tropical oils.

EU to cut import duty on Argentine biofuel

September 14, 2017

The EU will sharply cut its import duties on Argentine biodiesel by the end of September after a World Trade Organization (WTO) ruling in Argentina’s favour last autumn.

Canadian company seeks to develop non-GM oilseed supply chain

September 13, 2017

Canadian agri supply chain developer Pipeline Foods has launched its global operations, with a goal to build sustainable supply chains for non-GM and organic grains, oilseeds and food/feed ingredients.

Arla expand butter sales to Ghana with new subsidiary

September 12, 2017

Danish food giant Arla Foods is expanding to sub-Saharan Africa with the establishment of a new subsidiary in Ghana, including a dairy products sales unit and a packaging facility.

ABTO Conference to offer guidance on Petya-type threats

September 12, 2017

The recent Petya cyber attack on Maersk – with 17 APM Terminals, including Los Angeles, Rotterdam and Jawaharlal Nehru Port Trust in Mumbai hit, with some forced to close down – underscores the increasing vulnerability of ports and terminals to this threat.

Canadian canola farmers concerned over proposed pesticide ban

September 11, 2017

Canadian canola producers have voiced their concern at Health Canada’s, the country’s governmental health organisation’s, proposed ban of the synthetic insecticide lambda-cyhalothrin, also known as Matador.

New EU biodiesel GHG savings rules come into effect

September 11, 2017

New EU greenhouse gas (GHG) calculation methodology for biodiesel has sent producers scrambling to update their emissions data and caused uncertainty in the marketplace.

Ruchi Soya to examine restructuring options

September 08, 2017

Ruchi Soya Industries, an Indian agri and food company, is exploring an internal corporate restructuring exercise to cut its spending in the face of drastically falling profits.