Singapore-based commodity major Olam International is keen to make acquisitions of up to SGD$2.72bn ($1.4bn) as it plans to benefit from the dip in prices of agricultural commodities. Olam CEO Sunny Verghese was quoted by Bloomberg as ...
Tags: Olam, agricultural commodities, cocoa, nuts, wheat
Chinese food establishment Cofco is exploring deals for possible acquisitions or partnerships in the US, a move that could provide the company with access to the world’s largest source of corn and a top soybean grower. Cofco ...
Tags: Cofco, Grain Market, Food
Approximately 50,000 tones of sugar stored in a warehouse operated by Cargill and Biosev at Brazil's Santos port, affected by fire in the Teag terminal, has been destroyed. The terminal, known as TEAG sugar terminal, is a 50-50 joint ...
US railroads are rerouting ethanol shipments to avoid bottlenecks in Chicago, particularly for delivery to the East Coast, where supplies are running low, rail company officials said Thursday. David Garin, BNSF's vice president of ...
Tags: Ethanol, ethanol plants
Louis Dreyfus, a French multinational conglomerate, has signed an agreement with Brooklyn Kiev to establish a joint venture for the development of a grain terminal in Odessa, Ukraine. Scheduled to commence the first phase of its operation ...
Tags: Louis Dreyfus, Brooklyn Kiev
The Iraqi Grain Board has bought 300,000 metric tons of wheat for delivery in March and April. Dow Jones reports that 250,000 tons were bought from Australia, while the remaining 50,000 tons was of Canadian origin. The Canadian wheat, ...
After diplomatic intervention by the French government, ABG Haldia Bulk Terminals has now got a legal breather too. The high court here gave a green signal for the removal of its equipment stuck at the Haldia Dock Complex under the Kolkata ...
Tags: Haldia, Removing Equipment, Abg
The Kolkata Port Trust and Haldia Bulk Terminal tussle is heading for arbitration.KoPT is in the process of assessing the cost of damage caused due to the exit of ABG Haldia Bulk Terminal. In November,the port authorities had encashed the ...
Tags: KoPT, ABG Haldia Bulk Terminal, HBT, Kolkata Port