Singapore’s Apical invests $1 Bn to expand palm oil products in Dumai, Riau

This move is expected to expand the company’s distribution network and contribute to the growth of the Indonesian economy Singapore-based Apical, a leading vegetable oils processor with an expanding global footprint, has announced that it has invested $1 billion in Dumai, Riau to boost the production of its value-added products in Indonesia. The investment, which commenced[Read More…]

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UAE’s Unifrutti Group acquires Bomarea and AvoAmerica Peru

Unifrutti further expands its global multifruit platform into blueberries and avocados through the acquisition of Bomarea and AvoAmerica Peru Unifrutti Group, a leading global producer and distributor of fresh fruit, announced the acquisition of 100 per cent of Bomarea and the Peruvian operations of AvoAmerica (AvoAmerica Peru) from the US-based agribusiness investment[Read More…]

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Nestlé’s factory in Australia to get $32Mn boost for Milo

The investment will upgrade the Milo manufacturing line introducing state-of-the-art manufacturing technology to the factory and supporting an increased production capacity  Nestlé Australia has announced a $32 million investment in its Smithtown factory, which manufactures Milo – bringing investment in the site to approximately $80 million in the last decade.  The investment will upgrade[Read More…]

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