Singapore Stock Market News

Olam International - Takeaways from Africa

StockFanatic
Publish date: Tue, 22 Oct 2013, 12:45 PM
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Olam's African operations in Nigeria and Gabon - We visited several of Olam's assets in these two countries. We saw assets in tomatoes paste processing (Tasty Tom), flour milling (Crown Flour Mills), and biscuits manufacturing (OK Foods) in Nigeria as well as a rice farm (Africa's largest at Nasarawa, Nigeria) and Olam's young palm plantations in Gabon.

We also visited the site for the proposed urea fertilizer plant at Gabon's Port Gentil as well as the Special Economic Zone (SEZ) project at Nkok. Below are some key takeaways.
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