Cargill is to increase its stake in the Romanian edible oils market
with the acquisition of the local company Olpo Podari. And with
another possible acquisition on the cards, the giant US
agribusiness group clearly sees significant...
Premium Nutrients, a Malaysian producer of oils and fats, is
looking to step up its investment in the EU over the next three to
four years, with a resulting 10 per cent increase in turnover to
around RM56 million in 2005.
Cargill is adding to its growing investment portfolio in Russia
with the announcement that it is to build an edible oil extraction
plant in the Voronezh region, according to regional director Semyon
Russian agribusiness group Aston says it has acquired a controlling
stake in the Millerovo oil extraction plant in the Rostov region,
which, after modernisation, will be used to increase the company's
foothold in the edible oils...
The German town of Frankfurt will look on as 12 000 food and drink
industry professionals hit the exhibition centre to eat up the
latest innovations and visit 1000 exhibitors at the16th edition of
Fi Europe. In the run up to the event,...
Swedish oils and fats company sees profit slip as the weight of
tighter margins, increased competition and a strong Swedish kroner
bears down.The Karlshamns of 2003 has quite evidently been marked
by the loss of one of its largest...
Long term sustainable growth is the key aim for a far-reaching
development process at Swedish fats and oils company Karlshamns,
the company confirmed recently when it announced its first half
results for 2002. An increasingly competitive...
The world's largest processor of soybeans, US company Bunge, said
on Tuesday that fourth-quarter net income had more than doubled,
reflecting the acquisition of French rival Cereol last year and
healthy growth across all its...
French vegetable oil producer Cereol, recently taken over by the
world's largest oilseed processor Bunge, reported a 7.6 per cent
drop in net sales for the first nine months of 2002, in comparison
to the previous year.