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Investing in quality ensures greater value for Müller’s Mühle

When investing in processing technology, leading German rice, lentil and pea processor Müller’s Mühle is driven by value rather than mere price. “Other available options may initially appear cheaper, but it’s a false economy when you consider the added value you get with a Bühler sorter. The yield is better, the spare parts are better and last longer, the technicians …

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IDMA to host 170 companies from 26 countries and thousands of visitors from 100+ countries

IDMA Exhibition will host thousands of professional investors from all around the world on 20-23 March 2019 at Istanbul Expo Center. Nearly 170 Turkish and international brands from milling, cereals and pulses processing technologies sectors will open their booths. Countries like Egypt, Algeria, Libya, Morocco, Iran, Iraq, Russia, Ukraine, Nigeria, Pakistan, India and Kazakhstan will be prominent in terms of …

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Olam’s new six-year strategy to create value from tomorrow’s consumer landscape

Olam plans to invest US$3.5 billion to enhance its leadership position and capture value from key emerging consumer trends; de-prioritises selected businesses to release US$1.6 billion of cash for reinvestment. Global food and agri-business Olam International announced its 2019-2024 strategic plan, that capitalises on key trends shaping the sector. Driven by consumers and advances in technology, these trends include increasing …

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AGI announces expansion of food platform

Ag Growth International Inc. (AGI) announced it has acquired Improtech Ltd., a provider of engineering solutions to the food and beverage industry. Improtech is a professional engineering services firm specializing in providing engineering design, project management and integration of new machinery and processes within the food and beverage industry. Founded in 1987 and headquartered in Toronto, Canada, Improtech has evolved …

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Canadian wheat exports to China soar amid U.S.-China tariff dispute

Canada’s wheat exports to China jumped nearly 200 per cent from January to November 2018 as the Asian country stopped buying from American farmers amid a tariff dispute. Statistics Canada data shows total Canadian wheat exports grew nearly 13 per cent during that time from about 15 million tons to roughly 17 million tons. Wheat exports to China grew from …

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Brazil to privatize more airports, railways for grains

Brazil’s government will announce the privatization of southern airports, including Curitiba, in the second quarter of this year, according to Adalberto Vasconcelos, head of the PPI government program tasked with luring private investment in the country’s infrastructure. Adalberto Vasconcelos, head of the Investment Partnerships Program (PPI) government program, told Reuters that the Ferrograo and FIOL railway projects serving the central …

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Cargill to invest $200 million in Pakistan

Global food and agriculture producer Cargill renewed its long standing commitment to Pakistan by announcing plans to invest more than $200 million in Pakistan in the next three to five years. Food and agriculture group Cargill Inc. will invest some $200 million in Pakistan over the coming three to five years in sectors ranging from dairy, to edible oils and …

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International food commodity prices hold steady in December

The FAO Food Price Index averaged 161.7 points in December, compared to a revised level of 161.6 points in the previous month. The index averaged 168.4 points for the whole of 2018, some 3.5 percent lower than in 2017 and almost 27 percent below the high point reached in 2011. Global food prices held broadly stable in December, with rising …

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Gericke says thank you for 125 years of customer’s trust

From humble beginnings in the year 1894, the company Gericke evolved into a globally positioned and successful provider full of solutions in the bulk goods industry. This is reason enough to take a look at the Swiss family business‘ history. 1894 in the heart of Zürich Ing. Walter H. Gericke founded his machine and mill building factory. He attained quickly …

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General Mills sells dough brand to Argentina’s Molinos

Molinos Rio de la Plata, an Argentinian food company owned by the Perez Group, has acquired a local dough making business from General Mills in the US. Molinos Río de la Plata, a unit of the Perez Companc Group, has acquired La Salteña from General Mills, Inc. for an undisclosed amount. La Salteña produces refrigerated doughs and fresh and dry …

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