脂油 is read as しゆ (shiyu) and means fatty oil.
しゆ
shiyu
しぼうゆ
fatty oil
ゆし
fat
にほんゆし
NOF Corporation
ゆしかがく
oleochemistry
どうぶつゆし
animal fat
ゆしこうぎょう
the oil and fat industry
かこうゆし
modified fat
しょくぶつゆし
vegetable fats and oils
ゆししょくぶつ
oil plant
すいそてんかゆし
hydrogenated fats and oils
あぶら
あぶらみ
fat (of meat)