Energy News  





.
FARM NEWS
Brazil meat processor to invest $300 mn in China

by Staff Writers
Sao Paulo (AFP) April 11, 2011
Brazilian meat processing company Marfrig plans to invest 300 million dollars to expand its operations in China, the company said Monday in a statement.

Through its Keystone Foods subsidiary, Marfrig said it would create two joint ventures "with the goal of exploiting opportunities in the supply of food and meet the growing demand for distribution in the Chinese market."

With the Chinese company COFCO, Marfrig will set up COFCO Keystone Foods Supply Chain and invest 252 million dollars over 10 years to develop logistics and distribution systems.

At the same time, it will create Keystone-Chinwhiz Poultry Vertical Integration with poultry producer Chinwhiz to engage in processing and distribution of poultry.

The Brazilian firm said it would invest 57 million dollars through 2013 in that joint venture.

In 2010, Marfrig had before tax earnings of 1.5 billion reais (about 854 million dollars), a 107.27 percent increase over 2009.




Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Farming Today - Suppliers and Technology



Tempur-Pedic Mattress Comparison

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News
FARM NEWS
Latin American Working To Rejuvenate Crop Collections
San Jose, Costa Rica (SPX) Apr 08, 2011
Crop specialists in Central America have announced that a major rescue effort is underway in one of the heartlands of ancient agriculture to regenerate thousands of unique varieties of coffee, tomatoes, chili peppers, beans and other major crops through a partnership between the Global Crop Diversity Trust and 19 Latin American genebanks. One of the oldest collections targeted by the proje ... read more

.
Get Our Free Newsletters Via Email
  


FARM NEWS
Joint Polar Satellite System Program And The US Budget

Pulling Back The Sheets

Arctic Ice Gets A Check Up

3-D map of Philippines to help combat disasters

FARM NEWS
GPS to protect Bulgarian locomotives from fuel thefts

Make Your Satnav Idea A Reality

GPS Study Shows Wolves More Reliant On A Cattle Diet

Galileo Labs: Better Positioning With Concept

FARM NEWS
Indonesia's carbon-rich wetlands essential

NGO sues to save forest for Paraguay natives

Low Fertilizer Use Drives Deforestation In West Africa

Slash-and-burn threatens African forests

FARM NEWS
Nanoparticles Increase Biofuel

Economics, Physics Are Roadblocks For Mass-Scale Algae Biodiesel Production

Advance Toward Making Biodegradable Plastics From Waste Chicken Features

Short Rotation Energy Crops Could Help Meet UK's Renewable Energy Targets

FARM NEWS
S.Africa to invest $3.7 bln in green energy: minister

Sacramento Welcomes 12,600 Solar Panels

Legends Business Group Adds Solar Charger Controllers

DOE Finalizes Large Loan Guarantee For BrightSource Energy

FARM NEWS
Manitoba wind farm comes online

Alstom Announces Commercial Operation Of First North American Wind Farms

Vestas unveils new offshore turbine

US hopes to resolve China wind turbine rift

FARM NEWS
Wyoming to expand coal mining

China mine explosion kills 11, two missing

Wyoming coal leases to be auctioned

Japan crisis must not spark rush to fossil fuels: Sweden

FARM NEWS
China silent on Ai location, condemns foreign support

Most Christians detained in Beijing freed: group

China tells US not to interfere on human rights

China: Stop preaching human rights to us


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement