PepsiCo start construction works in their new snack processing plant in Russia

RUSSIA – PepsiCo, Inc. has broken ground on a new snacks processing plant in Novosibirsk, Russia, the company’s third salty snacks plant in Russia. The company owns more than 20 production sites in Russia, having reportedly invested over US$10 billion since it began operations in the country. The new facility will make Lay’s chips and Khrus Team croutons and will have an expected capacity of more than 60,000 tonnes. The company said it is investing approximately 12 billion rubles (US$160 million) in the plant. The first two production lines of…

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Alcoholic beverages manufacturer Halewood Artisanal Spirits opens its US$6.5 million new distillery in Russia

RUSSIA – Halewood Artisanal Spirits, UK-based alcoholic beverages manufacturer and distributor, has opened its US$6.5 million new distillery for JJ Whitley vodka in Saint Petersburg, Russia. The J.J. Whitley Russia Distillery will be Halewood’s 13th global distillery, and the company claims that the site will be the first British owned vodka distillery in Russia. According to Halewood, the new distillery has been established to enhance the provenance and quality of the J.J Whitley Vodka portfolio, and the full range will be produced and bottled at the site for distribution to…

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China seeks for soybean industry alliance with Russia strengthening cooperation

CHINA – The world’s largest soybean consumer, China has proposed a “soybean industry alliance” with Russia as it seeks to ensure an ample supply of soybeans in the foreseeable future. China’s Commerce Minister Zhong Shan has called upon both countries to “match up” production with that of major soybean production areas and build an industry alliance, reports South China Morning Post. Although Russia is not a major soybean producer, climate change is bringing more land into production in the country’s northern region, making a likely increase in output likely in…

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KFC set to develop world first laboratory-produced chicken nuggets

RUSSIA – KFC, a fast food chain company, has partnered with 3D Bioprinting Solutions in Russia to develop the world’s first laboratory-produced chicken nuggets. Inspired by the growing demand for animal alternatives, KFC wants to craft the “meat of the future.” The project, according to a press release, aims to forge something “as close as possible in both taste and appearance” to the restaurant’s original product, while remaining environmentally friendly. “Our experiment in testing 3D bioprinting technology to create chicken products can also help address several looming global problems,” Raisa Polyakova,…

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Agro.Сlub Raises US$1.5m to expand its agricultural digital solution

USA – Agro.Club, a U.S.-based startup transforming the way the agriculture industry buys and sells, has initiated plans to expand into Europe and North America following the closure of a US$1.5 million seed round. The funding round was led by Speedinvest, with participation from Elevator Ventures, the corporate venture arm of Raiffeisen Bank International. Agro.Сlub has developed a digital system that connects farmers, retailers, manufacturers, food companies and suppliers with a view of increasing efficiency and transparency in the agriculture industry. Agro.Club was founded by Egor Kirin who has spent…

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Ethiopia purchases 500,000 MT of wheat from Australia, Russia worth US$150m

ETHIOPIA – The Ethiopian government has entered into a state to state level agreement with Australia and Russia to supply a total of 500,000 metric tons of wheat to Ethiopia for US$150 million. Majority of the purchase order will be undertaken by Australia to supply 400,000 metric tons of wheat for US$120 million, with payments to be made in instalments in a year. While Russia will supply the remaining 100,000 metric tonnes for US$30 million. Currently, Export and Import (EX-IM) Bank of Russia and the Commercial Bank of Ethiopia (CBE)…

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Russia boosts FAO’s locust control efforts in EA with US$10m contribution

EASTERN AFRICA – The Russian Federation has boosted the fight against the Desert Locust outbreak in East Africa by making a US$10 million contribution to support FAO operations in Ethiopia, Kenya, South Sudan and Uganda. “We are grateful to the Russian Federation for its contribution to help fight the alarming impact of the Desert Locust upsurge. It will help efforts to stop the spread of the locusts and to safeguard the livelihoods of farmers and their families who are at risk from this scourge,” said FAO Director-General QU Dongyu. East Africa…

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Canpack to invest US$80m in expanding beverage cans production capacity

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 1 billion cans annually. The investment will see the company increase the production capabilities of its Colombian facility by 46% from the current 1.3 billion cans to 1.9 billion cans annually. In Russia, Canpack said that it will also increase its annual capacity by 34% from 1.9 billion cans to 2.55 billion cans. The expansion…

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AAK acquires majority stake in Russian food company Margaron

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 been AAK’s long-term partners in the Russian market, and a toll manufacturer to AAK for more than a decade. Aside from entering a market with great potential, AAK said that the acquisition will enable the company to move closer to many of its global strategic accounts who have established themselves in Russia. “Russia and the…

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Thailand’s CP Foods unveils plans of expanding in 17 overseas markets

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 is in line with the policy from Mr. Dhanin Chearavanont, Senior Chairman of Charoen Pokphand Group (CP) to create continuously business growth. According to a statement issued by the firm, the company was still able to grow continuously in 2019 despite slow economic growth in Thailand. CPF projects 8-10% growth in 2020. Sustainability ambitions The…

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