Ringaskiddy development expected to handle 120,000 containers in its first year The Port of Cork Company’s new €89 million container terminal in Ringaskiddy marks the largest single investment by any port in Ireland over the past 100 years and will mean Cork has the capacity… Read More »New Cork container terminal marks biggest port investment in a century
Market commentary UK feed wheat futures (Nov-22) closed yesterday at £277.50/t, gaining £3.00/t from Friday’s close. The Nov-23 contract closed at £265.60/t gaining £2.55/t over the same period. Domestic and global markets were supported by renewed concerns about grain leaving the Black Sea. This comes… Read More »What will drive the rapeseed price for harvest 2023?
The Halpin Group is delighted to announce that it will be in a position to offer Lecithin products from the Sternchemie range on the island of Ireland. Sternchemie develop and produce customised solutions for a whole host of applications. We will work with you to… Read More »The Halpin Group and Sternchemie GmbH
The company behind Jameson and Powers has announced a €250 million investment in a new distillery on a 22-hectare (55-acre) site adjacent to its Midleton, Co Cork, facility. Once fully operational in 2025, Irish Distillers’s new facility will support some 100 jobs in the region,… Read More »Jameson maker to pump €250m into new Cork distillery
According to a Comprehensive Research Report by Market Research Future (MRFR), “Lecithin Market Information by Source, Applications, Form, and Region- Forecast till 2030”, the market is estimated to acquire a size of over USD 2.85 billion by the end of 2030. The report further predicts… Read More »Lecithin Market Size Worth USD 2.85 Billion by 2030
This week we have seen UK feed wheat futures slip, following the sentiment of wider global markets. Improved weather prospects in the US, more exports from Ukraine, an even bigger Russian wheat crop and Chinese demand concerns have all pressured markets. Below is a round… Read More »Weighing up this week’s market movers
The global prices of wheat and corn fell as more grain ships leave Ukraine ports to bring supplies onto world markets. Two more ships carrying corn and soybeans departed from Ukrainian ports on Monday, taking the total to 10 since the first ship sailed last… Read More »World wheat prices fall as more grain ships leave Ukraine ports
Guinness parent, Diageo, is to invest €200 million in Ireland’s first purpose-built carbon-neutral brewery at a greenfield site in Newbridge, Co Kildare. The facility at Littleconnell will brew all its lagers and ales including Rockshore, Harp, Hop House 13, Smithwick’s, Kilkenny and Carlsberg. When fully… Read More »Guinness parent unveils €200m investment plan for carbon neutral brewery
Worries over surging global food costs are easing as prices of everything from cooking oils to wheat and corn slump to the lowest levels in months on increasing physical supplies and as investors cut their bullish bets on futures markets. Palm oil, the world’s most… Read More »Food inflation fears abate as cooking oils and grains plummet
Cork headquartered Workvivo has raised $22m in new funding as it looks to continue its rapid expansion. Workvivo offers an app that allows companies to engage and communicate with employees. Customers include Amazon, Lululemon and Mercedes-Benz. The latest funding round was led by Tiger Global,… Read More »Workvivo raises $22m in funding for further expansion