POLAND – Canpack, one of the largest manufacturers of aluminum beverage cans, will be investing over US$80 million in expanding production capacity of its beverage cans manufacturing plants in Russia and Colombia by more than […]
RUSSIA – Swedish manufacturer of value-adding specialty vegetable fats and oils, AAK has acquired 75% of NPO Margaron, a producer of margarines, spreads, and bakery and confectionery fats, based in St. Petersburg, Russia. Margaron has […]
THAILAND – CP Foods,an agro-industrial and food conglomerate headquartered in Thailand plans to expand in 17 overseas markets where the company is operating especially China, Vietnam, India, the Philippines, Russia, the United States. The direction […]
NIGERIA – The Federal Government on Monday entered into an agreement with a Russian firm, Uralchem, on fertiliser production in Nigeria. The signing which was done under the Presidential Fertiliser Initiative (PFI) will see Russia […]
RUSSIA – Huhtamaki, a global specialist in packaging for food and drinks has opened a new fiber packaging line in Invanteevka, Russia to enable the company meeting the growing demand of packaging solutions. The new […]
EGYPT – The Egyptian United Oil Processing and Packaging company has inked a memorandum of understanding (MoU) with Russian vegetable oil and mayonnaise producer EFKO Group to establish a joint venture for production of vegetable […]
RUSSIA — Russian state-controlled bank VTB has revealed that it has completed the purchase of a 70% stake in Russian grain trader Mirogroup, the Reuters reports. The transaction expands the lender’s diversification into the grain […]
RUSSIA – The Dutch flavors and fragrances company, Symrise has launched a new production line for liquid flavorings at its Rogovo facility in Russia, expanding dry taste solutions range. The expansion allows the company to […]
RUSSIA – The Russian government has extended the zero rate for the wheat export duty to July 1, 2021. According to Russia’s Agriculture Minister Dmitry Patrushev, there were no reasons to abolish the zero-duty rate […]
RUSSIA – Global beer brewer, Heineken has launched two new PET bottles developed using PET Engineering’s interchangeable insert system technology. The new bottle designs have been used for brands Tri Medvedya, Okhota and Okckoe by […]
