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POLAND – In a strategic move to meet the surging demand for its popular ramen noodles brands, Unilever, the global Fast-Moving Consumer Goods (FMCG) giant, has announced a substantial investment of nearly US$20.8 million in its food factory located in Poznań, Poland. The significant investment is set to add a cutting-edge production line dedicated to the production of its renowned…
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GERMANY- Flour treatment specialist MC Mühlenchemie is reinforcing its 360° service for pasta makers with a technology upgrade from Fava S.p.A, according to a recent press release by the company. The two companies are contributing their specific expertise in process technology, flour know-how, and an extensive understanding of ingredients, to develop innovative and optimum solutions for the pasta industry. This…
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CANADA- According to a recent report released by Statistics Canada, all-wheat production stands at 29.5 million metric tons, down 14 percent from last year, which spells doom to pasta lovers. Canada is the world’s largest producer of durum wheat, which is primarily used in pasta production. The North American country accounts for around half of global trade in durum but…
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ZAMBIA – Java Foods Limited, a leading instant noodle producer in Zambia, has signed a $6.5 million investment agreement with the South Lusaka Industrial Free Zone Commission (LSMFEZ) to set up a new modern factory. The Lusaka South Multi-Facility Economic Zone Limited is a private limited liability company incorporated on 25th June 2012 to manage, operate, and develop the Lusaka…
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KENYA – In the Finance Bill, 2023, the government is proposing an introduction of a 20% excise duty on both imported raw materials and finished pasta products as the state targets the Sh4 billion (US$29.4) that traders pay in imports. According to Business Daily, the move, which increases the duty from the current 16% could affect the country’s competitiveness in…
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NIGERIA–Golden Penny Foods, a subsidiary of Flour Mills of Nigeria Plc (FMN), has launched a new noodles flavor named Golden Penny Jollof Hot Hot noodles. Launching just before the festive season, the new spicy noodles came in a 70g pack, are fortified with protein, vitamins, and minerals and are said to be a great source of energy. The move to…
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