Agribusiness group Olam has reported a significant improvement in its second-half full-year results and says London listings for ingredients supplier subsidiary ofi is still planned.
Localisation strategies are crucial in order to achieve the ‘holy grail’ of food innovation in the Asia Pacific region, by combining health, taste and convenience, according to Olam outfit ofi.
Olam Food Ingredients, the ingredients arm of Singapore-headquartered food and agri-business Olam, has confirmed plans to develop a new dairy-processing facility in the North Island town of Tokoroa, New Zealand.
