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Commodities trader Cargill has stated it is investing more than USD113 million to expand its cocoa processing facilities in the Ivory Coast and Ghana, the world’s largest producers.
Vietnam’s coconut processor Betrimex has announced that it will invest around USD50 million to expand its coconut milk and water and dehydrated product manufacturing capacity in 2022, to increase sales in China.
Fraser and Neave (F&N) is investing more than SGD80 million (USD58.6 mln) to build a food and drinks facility in Tuas, western Singapore.
Japan’s flavour and fragrance specialist Takasago has just opened a USD25 million processing plant in Indonesia.
Eight food companies operating in Andalucia will receive a EUR20 million (USD22.1 mln) grant for investments in processing, commercialisation or development of new agri-food products.
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