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Swedish ingredients firm AarhusKarlshamn (AAK) has signed an exclusive distribution agreement with Food Specialities Limited (FSL), a leading food and beverage ingredient supplier in the GCC (Gulf Cooperation Council) region.
SDIC Zhonglu Fruit Juice Co Ltd, a state-owned company, will buy Appol of Poland for PLN68.5 million (USD18.4 mln)
US coffee chain Starbucks has announced three strategic initiatives to regain revenue and earnings momentum, including the planned closure of around 150 under-performing stores in the US.
Ingredients and flavours house Firmenich has signed an agreement with the Guatemalan cardamom house Nelixia to invest in its essential oil plant.
Skipjack raw material prices landed in Bangkok are expected to remain at the current levels for July, after two consecutive months of drops. The demand for finished products decreased in the last months as raw material prices rose up to USD1,800/tonne in May, according to industry sources met at the INFOFISH tuna conference held in Bangkok earlier this month.
Strengthening the tomato industry’s communication strategy through online and offline promotion was highlighted as the main booster for consumption of processed tomato in a sluggish market at the 13th World Processing Tomato Congress.
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