Search Results for: Russia

BY WANG FANGQING

LOTTE Confectionary, the Seoul-based subsidiary of South Korea’s top food conglomerate the Lotte Group, has opened a its first Russian food plant in Obninsk city, 102 km southwest of Moscow. It will manufacture Lotte’s signature Choco Pie confectionery to supply Moscow and the Ural-Siberian area, said Lotte’s spokesman.…

BY DAVID HAWORTH

THE CONTINUING turmoil of the economic crisis finds some Brussels officials in a downbeat mood, as the new European Commission team, which took office in February, returns to work after the summer break. This was not improved by the reappointed Commission president José Manuel Barroso’s recent ‘State of the Union’ (as in European Union) speech to the European Parliament.…

BY KEITH NUTHALL

SIGNIFICANT benefits to tobacco and tobacco product companies will present themselves if a deal on the long-running Doha Development Round is clinched next year at the World Trade Organisation (WTO). And some diplomats at the WTO’s base in Geneva are asking if agreement is not reached next year, whether the current negotiations will be scrapped.…

BY KEITH NUTHALL

THREE of the world’s major public financing institutions have started due diligence on the Nabucco gas pipeline project, work that could release billions of Euros into the troubled project. If they are happy, the European Investment Bank (EIB) could invest Euro EUR2 billion, the European Bank for Reconstruction & Development (EBRD) EUR1.2 billion and the International Finance Corporation (IFC), of the World Bank, EUR800 million.…

BY PAUL COCHRANE

THE MULTI-BILLION dollar cosmetics and fragrances industry in the Middle East’s six Gulf Cooperation Council (GCC) countries has had a mixed few years in the wake of the global financial crisis, made more unpredictable by demographic change and purchasing behaviour shifts.…

BY KEITH NUTHALL, EMMA JACKSON, MJ DESCHAMPS

IT is the classic chicken and egg scenario. To what extent do widespread networks of fuel filling stations need to be established offering compressed and liquefied natural gas (CNG/LNG) for a mass market of autos using these fuels to develop?…

BY EMMA JACKSON

THE TEXTILE and clothing industry maybe almost unrecognisable from its organisation today in 10 years’ time: Chinese-owned offshore production; unstoppable e-commerce, demand for eco-textiles, shifting luxury markets to Asia’s new middle class, and higher prices for everyone, are just some predictions.…

BY MIRIAM ELDER

RUSSIAN commodity experts have told just-food they expect grain prices to rise significantly within Russia, despite the announcement by Prime Minister Vladimir Putin that all exports of grain from the country would be halted from August 15 to contain domestic prices.…

BY PAUL COCHRANE

THE US DOLLAR USD$2 billion Turkish paint sector is the sixth largest in Europe, yet when it comes to its coatings trade with the Asia-Pacific region, Turkey imports a lot more than it exports. Turkey has had fluctuating business with the Asia Pacific region – defined as China, South Korea, Japan, the Indian subcontinent, South-East Asia, Mongolia, Australasia, the Marshall Islands, Vanuatu, and the Cook Islands.…

BY ALAN OSBORN

THE PROCESS of ‘unbundling’ in the European Union (EU) gas industry as called for under the EU’s third energy package, notably the gas directive 2009/73/EC, adopted in 2009, has come to a bit of a standstill. This will not last.…