World Grain -- November 2015 - 13

NEWSREVIEW

Tiger Brands CEO to step down
JOHANNESBURG, SOUTH AFRICA
- The chairman and board of Tiger
Brands Limited announced on Oct. 8 that
WKHJURXS¶VFKLHIH[HFXWLYHRI¿FHU&(2
Peter Matlare, has reached agreement
with them regarding his decision to step
down as CEO. Matlare will remain in his
position as CEO until Dec. 31.
"The board recognizes and appreciates
the contribution made by Matlare as chief
H[HFXWLYHRI¿FHURYHUWKHSDVWVHYHQ\HDUV
and we are grateful to him for his focused
leadership in steering the company to
date," said, André Parker, chairman of the
Tiger Brands board.
While the company gave no reason why
Maltare is stepping down, Tiger Brands has
faced major write-offs in its Nigerian business and fraud at its Kenyan operations.
In 2012, Tiger Brands bought a majority stake in Dangote Flour Mills, a NigeriDQÀRXUSDVWDDQGULFHFRPSDQ\IRU
million. This purchase has cost investors
millions in write-downs due to competitive markets. In late 2014, Matlare said
that he took "full responsibility" for the
write-downs.
In addition, executives at Haco Industries, the company's Kenyan subsidiary,
overstated sales in 2014 to reach operational targets. Preinvoicing and manipulaWLRQRISUR¿WVFRQWULEXWHGWRDGURS
LQRSHUDWLQJSUR¿WLQWKHLQWHUQDWLRQDODQG
H[SRUWXQLWGXULQJWKH¿UVWKDOIRIWKH\HDU
ended March 31.
7KHERDUGKDVEHJXQWKHSURFHVVWR¿QG
a new CEO.

Marubeni adds grain silos in Brazil
SÃO FRANCISCO DO SUL, BRAZIL - Terlogs Terminal Maritimo Ltda.
7HUORJV D ZKROO\ RZQHG VXEVLGLDU\ RI
Marubeni Corp., announced on Oct. 2 it
will construct new grain silos in the Port
of São Francisco do Sul, Santa Catarina,
Brazil.
Recently, grain demand from China
DQG6RXWKHDVW$VLDKDVEHHQVLJQL¿FDQWO\
increasing. The construction of the silos
is scheduled to be completed in February
2016, the company said. The new silos
will reinforce Terlog's grain supplying
ability to these countries.
The silos will have a total storage capacity of 70,000 tonnes. The grain exporting volume of Terlogs will increase from
3.4 million tonnes to 4.2 million tonnes,
the company said.

For more information, see Page 114.

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For more information, seehiroller.com
Page 116.

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For more information, see Page 114.

www.World-Grain.com / World Grain / November 2015

13


http://www.hiroller.com http://www.World-Grain.com

World Grain -- November 2015

Table of Contents for the Digital Edition of World Grain -- November 2015

World Grain -- November 2015
Table of Contents
From the Editor-in-chief - Global trajectory lower on prices
Calendar of Events
GEAPS Exchange 2016 planned Feb. 27-Mar. 1
News Review - APPA inaugurates third shiploader this year
Miller Milling names new senior leadership team
Tiger Brands CEO to step down
Marubeni adds grain silos in Brazil
GSFMO to be privatized
Despite decline, Ukraine’s cereal production still above average
Cargill’s first-quarter profits increase 20%
ADM increases holding in Wilmar
Cargill completes acquisition of aquaculture feed company
Fred Merrill, milling entrepreneur, dies at 91
European Parliament rejects national GMO bans
Brookfield rail deal in Australia faces opposition
G3 building terminal at Port of Hamilton
Noble Agri hires former ADM executive to lead grains, oilseeds
Grain Market Review - Wheat
Country Focus - Ethiopia
Feature - A Royal Accomplishment
Important dates in the history of King Milling
Feature - Crops lower, but supply situation still comfortable
Feature - Slowing emerging economies soften demand
Feature - Surviving Castro's Revolution
Feature - Time to implement low-price strategy
Feature - Easing trade restrictions
Feature - Buidling better rice
Rice News Roundup - Philippines aiming to increase rice imports to 1.5 million tonnes
U.S. rice farmers would benefit from Cuban open trade legislation
Cambodia rice exports surge 37% in last nine months
Egypt’s trade ministry lifts ban on rice exports
Indonesia to purchase Vietnamese, Thai rice
Feed Operations - Considerations in installing spouting
World Grain Weather Report - Keeping a close eye on the United States
Technical Profile - Keeping ahead with enzyme design
Supplier News
Product Showcase
Ad Index/Reader Information Form International Faxback Program
World Grain Archive
World Grain -- November 2015 - World Grain -- November 2015
World Grain -- November 2015 - 2
World Grain -- November 2015 - 3
World Grain -- November 2015 - 4
World Grain -- November 2015 - Table of Contents
World Grain -- November 2015 - 6
World Grain -- November 2015 - 7
World Grain -- November 2015 - From the Editor-in-chief - Global trajectory lower on prices
World Grain -- November 2015 - 9
World Grain -- November 2015 - GEAPS Exchange 2016 planned Feb. 27-Mar. 1
World Grain -- November 2015 - 11
World Grain -- November 2015 - Miller Milling names new senior leadership team
World Grain -- November 2015 - Marubeni adds grain silos in Brazil
World Grain -- November 2015 - GSFMO to be privatized
World Grain -- November 2015 - Cargill’s first-quarter profits increase 20%
World Grain -- November 2015 - Cargill completes acquisition of aquaculture feed company
World Grain -- November 2015 - European Parliament rejects national GMO bans
World Grain -- November 2015 - Brookfield rail deal in Australia faces opposition
World Grain -- November 2015 - Noble Agri hires former ADM executive to lead grains, oilseeds
World Grain -- November 2015 - Grain Market Review - Wheat
World Grain -- November 2015 - 21
World Grain -- November 2015 - Country Focus - Ethiopia
World Grain -- November 2015 - 23
World Grain -- November 2015 - 24
World Grain -- November 2015 - 25
World Grain -- November 2015 - Feature - A Royal Accomplishment
World Grain -- November 2015 - 27
World Grain -- November 2015 - 28
World Grain -- November 2015 - Important dates in the history of King Milling
World Grain -- November 2015 - 30
World Grain -- November 2015 - 31
World Grain -- November 2015 - Feature - Crops lower, but supply situation still comfortable
World Grain -- November 2015 - 33
World Grain -- November 2015 - 34
World Grain -- November 2015 - 35
World Grain -- November 2015 - 36
World Grain -- November 2015 - 37
World Grain -- November 2015 - 38
World Grain -- November 2015 - 39
World Grain -- November 2015 - Feature - Slowing emerging economies soften demand
World Grain -- November 2015 - 41
World Grain -- November 2015 - 42
World Grain -- November 2015 - 43
World Grain -- November 2015 - 44
World Grain -- November 2015 - 45
World Grain -- November 2015 - Feature - Surviving Castro's Revolution
World Grain -- November 2015 - 47
World Grain -- November 2015 - 48
World Grain -- November 2015 - 49
World Grain -- November 2015 - 50
World Grain -- November 2015 - 51
World Grain -- November 2015 - Feature - Time to implement low-price strategy
World Grain -- November 2015 - 53
World Grain -- November 2015 - 54
World Grain -- November 2015 - 55
World Grain -- November 2015 - 56
World Grain -- November 2015 - 57
World Grain -- November 2015 - 58
World Grain -- November 2015 - 59
World Grain -- November 2015 - Feature - Easing trade restrictions
World Grain -- November 2015 - 61
World Grain -- November 2015 - 62
World Grain -- November 2015 - 63
World Grain -- November 2015 - 64
World Grain -- November 2015 - 65
World Grain -- November 2015 - 66
World Grain -- November 2015 - 67
World Grain -- November 2015 - 68
World Grain -- November 2015 - 69
World Grain -- November 2015 - Feature - Buidling better rice
World Grain -- November 2015 - 71
World Grain -- November 2015 - 72
World Grain -- November 2015 - 73
World Grain -- November 2015 - 74
World Grain -- November 2015 - 75
World Grain -- November 2015 - 76
World Grain -- November 2015 - 77
World Grain -- November 2015 - U.S. rice farmers would benefit from Cuban open trade legislation
World Grain -- November 2015 - 79
World Grain -- November 2015 - Cambodia rice exports surge 37% in last nine months
World Grain -- November 2015 - 81
World Grain -- November 2015 - Indonesia to purchase Vietnamese, Thai rice
World Grain -- November 2015 - 83
World Grain -- November 2015 - Feed Operations - Considerations in installing spouting
World Grain -- November 2015 - 85
World Grain -- November 2015 - 86
World Grain -- November 2015 - 87
World Grain -- November 2015 - 88
World Grain -- November 2015 - 89
World Grain -- November 2015 - 90
World Grain -- November 2015 - 91
World Grain -- November 2015 - 92
World Grain -- November 2015 - 93
World Grain -- November 2015 - World Grain Weather Report - Keeping a close eye on the United States
World Grain -- November 2015 - 95
World Grain -- November 2015 - Technical Profile - Keeping ahead with enzyme design
World Grain -- November 2015 - 97
World Grain -- November 2015 - 98
World Grain -- November 2015 - 99
World Grain -- November 2015 - 100
World Grain -- November 2015 - 101
World Grain -- November 2015 - 102
World Grain -- November 2015 - 103
World Grain -- November 2015 - Supplier News
World Grain -- November 2015 - 105
World Grain -- November 2015 - 106
World Grain -- November 2015 - 107
World Grain -- November 2015 - 108
World Grain -- November 2015 - 109
World Grain -- November 2015 - Product Showcase
World Grain -- November 2015 - 111
World Grain -- November 2015 - 112
World Grain -- November 2015 - World Grain Archive
World Grain -- November 2015 - Ad Index/Reader Information Form International Faxback Program
World Grain -- November 2015 - 115
World Grain -- November 2015 - 116
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http://digital.world-grain.com/sosland/wg/2007_07_01
http://digital.world-grain.com/sosland/wg/2007_06_01
http://digital.world-grain.com/sosland/wg/2007_05_01
http://digital.world-grain.com/sosland/wg/2007_04_01
http://digital.world-grain.com/sosland/wg/2007_03_01
http://digital.world-grain.com/sosland/wg/2007_02_01
http://digital.world-grain.com/sosland/wg/2007_01_01
http://digital.world-grain.com/sosland/wg/2006_12_01
http://digital.world-grain.com/sosland/wg/2006_11_01
http://digital.world-grain.com/sosland/wg/2006_10_01
http://digital.world-grain.com/sosland/wg/2006_09_01
http://digital.world-grain.com/sosland/wg/2006_08_01
http://digital.world-grain.com/sosland/wg/2006_07_01
http://digital.world-grain.com/sosland/wg/2006_06_01
http://digital.world-grain.com/sosland/wg/2006_05_01
http://digital.world-grain.com/sosland/wg/2006_04_01
http://digital.world-grain.com/sosland/wg/2006_03_01
http://digital.world-grain.com/sosland/wg/2006_02_01
http://digital.world-grain.com/sosland/wg/2006_01_01
http://digital.world-grain.com/sosland/wg/2005_12_01
http://digital.world-grain.com/sosland/wg/2005_11_01
http://digital.world-grain.com/sosland/wg/2005_10_01
http://digital.world-grain.com/sosland/wg/2005_09_01
http://digital.world-grain.com/sosland/wg/2005_08_01
http://digital.world-grain.com/sosland/wg/2005_07_01
http://digital.world-grain.com/sosland/wg/2005_06_01
http://digital.world-grain.com/sosland/wg/2005_05_01
http://digital.world-grain.com/sosland/wg/2005_04_01
http://digital.world-grain.com/sosland/wg/2005_03_01
http://digital.world-grain.com/sosland/wg/2005_02_01
http://digital.world-grain.com/sosland/wg/2005_01_01
http://digital.world-grain.com/sosland/wg/2004_12_01
http://digital.world-grain.com/sosland/wg/2004_11_01
http://digital.world-grain.com/sosland/wg/2004_10_02
http://digital.world-grain.com/sosland/wg/2004_10_02
http://digital.world-grain.com/sosland/wg/2004_10_01
http://digital.world-grain.com/sosland/wg/2004_09_01
http://digital.world-grain.com/sosland/wg/2004_08_01
https://www.nxtbookmedia.com