Latest Oils & Fats International News

US agribusiness giant Monsanto has been fined US$10.2M for using a banned pesticide on corn seed and research crops in Maui, Hawaii, Courthouse News wrote on 21 November.

US vegetable oils and fats producer Bunge Loders Croklaan (BLC) has introduced a range of plant-based fats designed to mimick the sensory characteristics of the meat it is replacing, the company said on 29 November.

A US Food and Drug Administration (FDA) panel has recommended the use of a fish oil-derived drug as an add-on therapy for reducing the chance of heart attacks and strokes in high-risk patients with cardiovascular disease.

Malaysia has set out a time-line for its millers and refiners to comply with expected European legislation on the carcinogenic process contaminant, 3–MCPDE.

Brazilian agro-energy investor, the ECB group, has hired international banks UBS and Barclays to act as financial advisors for the funding of Latin America’s first large-scale hyrotreated vegetable oil (HVO) plant, Reuters reported on 11 November.

Indonesia has allocated 72M litres of palm oil fatty acid methyl ester (FAME) to run a comprehensive trial for its planned B30 biodiesel programme.

Despite international outrage against forest fires in Brazil’s Amazon, Brazilian president Jair Bolsonaro has annulled a 10-year-old regulation banning the expansion of sugarcane planted in the world’s largest rainforest.

US vegetable oils and fats producer Bunge Loders Croklaan (BLC) has launched its a new 100% sustainable, non-hydrogenated, shea-based margarine.

French agro-industrial group Avril plans to stop using imported palm oil as it attempts to turn around its loss-making biodiesel division, and may sell two of its production sites.

German speciality chemicals firm BASF has launched a surfactant using Roundtable on Sustainable Palm Oil (RSPO)-certified ingredients that can be used in a range of personal care products.

The International Maritime Organization (IMO)’s upcoming regulations on ballast water and sulphur emissions have put pressure on ocean freight rates for bulk grain and oilseeds, according to the US Department of Agriculture (USDA).