National Linseed Oil Trust National Linseed Oil Trust The National Linseed Oil Trust of St. Louis, Missouri, was a major company trust formed in 1885 to protect linseed oil interests in the United States. Once used extensively in painting, the oil today is also commonly known as "flax seed oil". The Trust was dissolved in 1920 after the U.S. Department of Justice charged they broke the Sherman Antitrust Act. Omaha millionaire Clark Woodman was an influential director on the board. Viewed today as one of many imitators of the Standard Oil Company, the Linseed Oil Trust's peers included the Cotton Oil Trust, Lead Smeltering
Palm oil for biodiesels. Hydrodeoxygenated biodiesel is produced by direct hydrogenolysis of the fat into alkanes and propane. The world's largest palm oil biodiesel plant is the €550 million Finnish-operated Neste Oil biodiesel plant in Singapore, which opened in 2011 with a capacity of 800,000 tons per year and produces hydrodeoxygenated NEXBTL biodiesel from palm oil imported from Malaysia and Indonesia. Significant amounts of palm oil exports to Europe are converted to biodiesel (as of early 2018: Indonesia: 40%, Malaysia 30%).. In 2014, almost half of all the palm oil in Europe was burnt as car and truck fuel. As of 2018,