Vegetable oils, including refined soybean, stearin and olein oils, imported into Vietnam from May 7 will be subject to an extra duty of 5% for less than 200 days since the self-defense measure takes effect.
In restricted activity, palmolein oil prices strengthened by Rs 50 per quintal on the wholesale oils and oilseeds market on Saturday on increased buying by vanaspati millers.
AAK, the Swedish manufacturer of speciality vegetable fats used in food, chocolate and confectionery applications, has reported a record high first quarter operating profit, driven by continued strong performance in Food Ingredients.
A.T. Kearney released a study “New Oils for the New World,” that analyzes potential sustainable alternatives to palm oil and provides recommendations on how these oils should be developed and commercialized.
As olive oil continues to post double-digit growth in emerging markets, suppliers may need to strengthen their sourcing strategy to tap into the opportunities, according to a new report from Rabobank.
The UK’s Food Standards Agency (FSA) is soliciting opinions on an application made by DSM to widen the use of two algal oils under the Novel Food Regulation (EC) No. 258/97.
Kroger Co. here has committed to sourcing sustainable palm oil for the production of its corporate-brand products by the end of 2015, addressing concerns about deforestation in parts of the world.
Greenpeace has published a scorecard rating palm oil producers’ sustainability efforts, in order to provide food and other consumer goods companies with better information about how their palm oil is produced.
DSM Nutritional Products and Monsanto Co. have partnered in an effort to deliver SDA omega-3 soybean oil (stearidonate soybean oil) for use in foods in North America.
Egypt aims to become self-sufficient in sunflower oil by using farmland provided by neighbouring Sudan as it moves to end large purchases on world markets, Supply Minister Bassem Ouda said on Sunday.
Canada-based BioExx Specialty Proteins is planning to form a joint venture for the commercial scale deployment of its canola protein production technology.
Spanish olive oil cooperative Hojiblanca is considering buying nationalised lender Bankia's 16 percent stake in food group Deoleo, Hojiblanca's director general said in a newspaper interview.
BioExx Specialty Proteins plans to close its Saskatoon canola protein plant but says it is in advanced negotiations with potential joint venture partners about employing the technology used there at a brand new facility in Europe.
Canola and high-oleic canola oils can lower abdominal fat when used in place of other selected oil blends in a heart-healthy diet for weight maintenance.
A study shows that canola and high-oleic canola oils may lower abdominal fat when used in place of other selected oil blends in a heart-healthy diet for weight maintenance.
