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INDONESIA – US food and beverage giant PepsiCo has announced a substantial investment of US$200 million to build a new snack factory in Indonesia, a move that marks the company’s return to the country after a two-year absence. The factory, located in the West Java town of Cikarang West Java, is currently under construction and is expected to become operational by…
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TANZANIA- Tanzania and Indonesia signed seven memorandums of understanding (MoUs) on Tuesday as part of efforts to strengthen bilateral ties and promote economic cooperation between the two countries. Through these MOUs, President Samia Suluhu Hassan’s zeal to transform the agriculture sector in the country is poised to receive a major boost from Indonesia’s experience in agri-technology and massive palm production.…
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INDONESIA- The European Union said recently that it had launched an investigation into whether biodiesel from Indonesia was circumventing EU duties by going through China and Britain, according to a report by Reuters. The EU is Indonesia’s third-largest destination for palm oil products and an important market for its biodiesel, which is made from palm oil. Apart from biodiesel, palm…
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INDONESIA – UK-based producer of multisectoral ingredient solutions, Tate & Lyle PLC has opened its new Customer Innovation and Collaboration Centre in Jakarta, Indonesia. The opening marks an important milestone in Tate & Lyle’s growth strategy to expand its presence in the Asia Pacific region, and Indonesia specifically, into which it has been supplying for over a decade. With…
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INDONESIAN- Leading commodity trader Louis Dreyfus Company (LDC) recently announced the expansion of its refining complex in Lampung, Indonesia as part of strategic plans to expand downstream and diversify revenue through value-added products. The development will see the addition of glycerin refining capacity and edible oil packaging capabilities and will complement existing glycerin refining activities in the US (Claypool, Indiana)…
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INDONESIA- To curb the inadequate supply of cooking oil in the country, palm oil exporters will only export 6 times the volume they sell domestically instead of the 8 times ratio previously in place. Indonesia is the world’s largest palm oil producer, yet the country has been experiencing a palm oil availability crisis, causing the government to take serious measures…
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