Tuesday, December 28, 2010

Hulme Life – Cussons launches new food joint venture in Nigeria

"PERSONAL care products firm PZ Cussons has announced that it is to expand its interests in the food market in Nigeria by launching a joint venture with one of Asia's largest agricultural companies, Wilmar International.The pair are to develop a range of edible oils and spreads and will build their own palm oil refinery in Nigeria,  which is expected to complete within two years. Cussons will invest £17m in venture but said that it expected it to be earnings enhancing within its first year of operation. Cussons will own 5....."

Hulme Life

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