By CARINE LEE
Olam International Limited on Friday announced plans to expand its wheat milling capacity at Crown Flour Mills in Nigeria for a total outlay of US$50 million.
'The addition of two swing mills will enable us to produce both standard flour / semolina or a special blend of flour and semolina for manufacturing pasta,' said K C Suresh, president for the grains business.
The project is expected to deliver a 20 per cent return, it said.
Posts
Portfolio Performance – Jan 2025
-
Market Performance Amid Trade Tensions Despite ongoing trade concerns, the
S&P 500 rose by 2.7%, the Nasdaq by 1.7%, and the Dow by 4.7%, showing
cautiou...
6 hours ago
No comments:
Post a Comment