By John Lee. Reuters reports that Etihad Food Industries is looking to sign one- or two-year raw sugar importing contracts with large trading firms after its current contract with Alvean runs out in November. Haidar al-Noumany, Commercial Director, told the news agency that Etihad imported 1.047 million tonnes of raw sugar last year for its Babil-based […]
By John Lee. Iraq's Etihad Food Industries will reportedly start production at its new $100-million edible oils refinery in Babylon by the end of the year. Commercial Director Haidar Alnoumany told Reuters that the company started building the infrastructure two months ago, and when in production it will source crude (edible) oil from many origins […]
The Iraqi Trade Ministry has reportedly signed a contract with the Egyptian company Arma for the purchase of 25,000 tons of vegetable oil. Hashem Hatam, the Foreign economic relations chief at the ministry, told AKnews that the oil will be distributed to civilians through the food rationing program. The quantity is sufficient for only three […]
About $57 million worth of cooking oil once destined for Iraq's national food rationing programme may be fed to animals because it was left outdoors for three years and passed its expiry date for human consumption, according to a report from Reuters. A parliamentary committee suggested turning the wasted 30,000 tonnes of vegetable oil into […]
