Unilever Ghana invests US$12m in new infrastructure and factory plants in 2 years

GHANA -  Unilever Ghana has said that it has invested more than US$12.27 million (GH¢60 million) in new infrastructure and factory plants over the last two years, cementing its leadership position in the country's consumer goods segment, reports GNA. The investment has seen the multinational company commission new personal care dryer plant, Biomass Boiler plant…

Cargill appoints Jon Nash to lead North American protein business

USA – The agribusiness giant, Cargill has selected on Nash to lead its North American protein business effective March 1, 2019. He will report to Brian Sikes, who was recently appointed to the executive team as leader of the company’s global protein and salt businesses. Prior to his appointment, Nash was the president of Cargill’s…

ADM secures right to distribute GSL’s tapioca starches in EMEA region

EUROPE - The Archer Daniels Midland Company (ADM) has announced a long term partnership with Thailand based tapioca starch producer, General Starch Limited (GSL), to distribute the range in Europe as well as the Middle East and Africa. The agreement gives ADM exclusive distribution rights of the GSL modified tapioca starch products, which it will…

China’s COFCO shuts down edible oil refining plant in Argentina

USA – China’s grain and commodity merchandiser has closed down a soybean and sunflower refining plant in Argentina blamed on trade and economic crisis in the country. The plant located in Lanus, Buenos Aires is said to have been struggling in operations, partly impacted by the U.S.-China trade war that has led to market and trade…

Cargill plans US$37m investment at Iowa soybean plant

USA – The global agricultural behemoth, Cargill has proposed a US$37.62 million investment at its soybean processing plant in Cedar Rapids, Iowa, according to The Gazette report. Cargill is planning to use the funding in upgrading, expansion and modernization of the facility located at 410 C Ave. NE, in an industrial section north of downtown…

Tanzanian government to set up sunflower oil processing plant

TANZANIA - The Tanzanian government has said it will establish a sunflower processing factory in Dodoma as part of the government’s initiative to increase value chain of products, reports Daily News. The Minister of Agriculture, Mr Japhet Hasunga said that the project is aimed at eliminating importation of cooking oil to sustain the local market,…

Indomie noodles maker Dufil Prima to set up vegetable oil processing refinery

NIGERIA - The Dufil Prima Food Plc, a Nigerian based company and makers of Indomie Noodles has established a palm oil processing refinery in Abia State, Nigeria in an effort to boost the country’s economy, reports Invest Nigeria. Speaking at the foundation laying ceremony, the Legal Adviser of the company, Mrs Nnenna Ejekam explained that…

Tanzania grants free market access for Uganda soya, sugar and sunflower

TANZANIA - Tanzanian government through the Ministry of Trade has said that Sugar, sunflower and soya exports from Uganda had been cleared and will now freely access Tanzanian market reports, Daily Monitor. This comes after Tanzania had over the past few persistently prevented the entry of a number of Uganda’s commodities into the country prompting…

Tanzanian government blocks export of unprocessed cashew nuts

TANZANIA – The Tanzanian government has reiterated that no company will be allowed to export unprocessed cashew nuts from the country in a bid to protect the local manufacturers, processors and farmers, reports The Citizen. Recently,attempts by companies to export unprocessed cashew nuts hit a dead end after the government blocked export of the produce…

Argentina soybean imports rise on low production estimated at 56M Tons

USA – Soybean imports in Argentina continue to rise with production estimated to be slightly lower at 50 million tons in 2018/19 as a result of the recent drought faced in the country. According to a Dec. 4 Global Agricultural Information Network (GAIN) report from the U.S.Department of Agriculture, Argentina has imported more than 3.5…