Press release
27th Apr, 2022
Olam Group appoints Maya Hari as CEO of climate-tech venture Terrascope
Singapore
Olam Group has appointed Maya Hari as Chief Executive Officer (CEO) of its climate-tech venture Terrascope (www.terrascope.com). Headquartered in Singapore, Terrascope empowers companies to accurately and efficiently manage and reduce their carbon emissions through its smart carbon management platform. Maya reports to Suresh Sundararajan, CEO of Olam Ventures.
Maya joined Terrascope from Twitter Inc. where she served as Vice President of Global Strategy and Operations, and as Vice President and Managing Director of Asia Pacific (APAC). She brings to Terrascope 20 years of experience managing teams and leading international businesses with a robust track record in leading high growth mobile, data and commerce businesses.
“I’m thrilled to be joining one of the most promising climate-tech ventures today. Terrascope addresses a very real problem many companies face in their climate action strategies. While a growing number are commendably committing to net zero, most
Press release
26th Apr, 2022
olam food ingredients (“ofi”) announces acquisition to expand its private label capabilities in North America
London
ofi, a global leader in naturally good food & beverage ingredients, today announces the acquisition of Club Coffee L.P. (“Club Coffee"), one of Canada’s largest roasters of packaged coffee to the ‘At Home’ segment. The transaction is expected to complete in Q2 2022, subject to regulatory approval and other conditions.
The acquisition of Club Coffee is aligned with ofi’s growth strategy to deliver sustainable, natural, value-added food and beverage ingredients and solutions through a diverse channel mix, to customers across the globe. The private label and co-manufactured channel is an attractive, high value and growing part of ofi’s portfolio.
Club Coffee is one of Canada’s largest coffee roasters and packaging solutions providers to the ‘At Home’ segment, serving private label customers and retail brands from its facilities in Toronto. Operating since 1906 with a commitment to quality, sustainability and innovation, Club Coffee enjoys long-standing relationships w
News
22nd Nov, 2021
Congolaise Industrielle des Bois (CIB) inaugurates 3rd timber processing unit in Republic of Congo
Congolaise Industrielle des Bois (CIB) recently inaugurated its 3rd processing unit in the presence of the Ministry of Forest Economy (MEF), Republic of Congo, Her Excellency Mrs Rosalie Matondo.
CIB continues to remain committed to maximising the value addition at source and supporting the local economy through job creation in the industry and ecological and social programmes. The Enyelle timber processing unit is a giant leap forward with its state-of-the-art manufacturing line, making it one of the most modern processing units in the Republic of Congo and West Africa.
Built on an area of 46,000 m2, the first phase of the processing line will produce around 1,500 M3 of finished products per month. The automated line boasts modern equipment, including a customised opticut machine which guarantees the maximum recovery of defect-free products. The project's second phase is expected to finish by the first quarter of 2022, scaling up the monthly production to 2,500 M3. The processing un
