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Global Processing e-News

Odebrecht to invest heavily in Latin America

Brazilian conglomerate Odebrecht announced May 1 plans to invest $20 billion globally over the next three years, 85 percent of which will be invested in Latin America.
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Rat meat sold as lamb, Chinese authorities discover

Chinese authorities have arrested 63 people involved in an operation that allegedly sold more than $1 million in rat, fox, mink and other meat as lamb.
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Global food industry faces challenges as population grows

As projections for the increase in global population predict a leap of two billion people by 2050, to a staggering 9.3 billion, the question of providing enough food for that many people poses a serious challenge to researchers and policymakers.
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Honeywell to automate systems at new steam production plant in Finland

The contract, awarded by environmental management specialists Ekokem, covers all building automation, process control, and safety systems for a new bubble fluidized-bed (BFB) boiler site.
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Bayer to acquire birth control company for $1.1 billion

Conceptus' flagship product is the EssureĀ® procedure, a non-surgical permanent birth control method sold in the United States and other countries.
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BP to invest $596 million in South Africa, Mozambique

BP Southern Africa will spend 4.7 billion rand in South Africa, including 2.5 billion rand to upgrade the Sapref refinery in Durban, and 800 million rand to refurbish infrastructure in Mozambique.
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Shell starts major petrochemical investment in Singapore

Global energy giant Shell has announced plans to expand its investments in Asia by building new petrochemical units in Singapore.
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New Zealand company develops method for real-time meat contamination detection

A New Zealand biotechnology company has announced that it has developed a method that allows processing firms to receive real-time results from meat contamination tests.
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Monsanto develops omega-3 soybean oil

Biotechnology company Monsanto Co. has has developed a type of genetically engineered soybean oil that produces a type of fatty acid that could be processed to take the same form as omega-3 from fish.
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Qatar Petroleum enters North American natural gas market

The dramatic increase in shale gas output in the United States in recent years has transformed the domestic energy sector but it has also had far-reaching implications in global markets.
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