Latest Oils & Fats International News

US agribusiness firm Cargill has received approval from the US Department of Agriculture to grow a biotech canola variety in the USA that produces omega-3 fatty acids, which can be used to replace fish oil in aquaculture feeds.

Exports of Caribbean essential oils to the EU has grown by 33% in the past year due to rising concern about sustainability and ethics in personal care products, according to the Caribbean Export Development Agency (Caribbean Export) on 31 July.

European scientists have called on the newly-elected European Parliament and European Commission (EC) to rethink genome editing technology restrictions, exactly a year after the European Court of Justice (ECJ) ruled that plants obtained through the technology should be considered genetically modified organisms (GMOs).

Brazilian meat processor JBS plans to invest R$180M (US$47.5M) in a new biodiesel facility which will use pork and poultry fat as part of its feedstock.

Two volcanic eruptions and a heavier than usual rainy reason will lead to a 19% fall in palm and palm kernel oil production in Papua New Guinea for Belgian agribusiness firm Sipef.

The UK Scientific Advisory Committee on Nutrition (SACN) says UK consumers should continue to ensure that saturated fats account for “no more than about 10%” of daily calories after revising reviewing advice handed down from 1994.

Brazil’s National Agency for Petroleum, Natural Gas and Biofuels (ANP) announced on 6 August that it has approved the sale and use of B15 biodiesel and is raising the minimum blend of the fuel from 10% to 11%, from September.

The European Commission (EC) has imposed countervailing duties of 8% to 18% on imports of biodiesel from Indonesia, saying the move aimed to restore a level playing field for EU producers.

Preliminary anti-subsidy duties imposed on Indonesian biodiesel will not reduce EU imports of palm oil-based biodiesel, according to Germany’s Union for the Promotion of Oil and Protein Plants (UFOP).

 

German pharmaceuticals firm Bayer has decided to scrap plans to widely sell a new US crop protection chemical in 2020 following safety concerns.

France has passed a regulation which will ban the use of palm oil in biofuels from 31 December 2019, according to Germany’s Union for the Promotion of Oil and Protein Plants (UFOP).