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Brazil Foods and Carbery enter joint venture to process whey

Brazil Foods (BRFS3.SA) and the Carbery Group announced on Monday, November 5, in a statement to the market a joint venture to process whey, in a shared investment of US$ 50 million.The fifty-fifty partnership will use Carbery technology to process whey produced in cheeses production. Construction of the processing plant should begin soon and it is expected that the operations will begin in 2014, said the statement.

Information provided by Reuters

 

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