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Analysts say MPs should push grocer CEOs to disclose food profits

Canadian Manufacturing

A report co-authored by Charlebois in the fall found the three grocers all posted higher profits in the first half of 2022 compared with their average performances over the last five years. Corporate profits shot up significantly in 2021 and 2022, coinciding with the global rise in inflation and fuelling accusations of “greedflation.”

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Perdaman breaks ground on $6 billion Pilbara manufacturing project

Manufacturer's Monthly

Urea is a widely used form of fertiliser for food production. Located 20 kilometres northwest of Karratha, it is estimated the Perdaman Urea Project will create 2,500 jobs during construction and 200 operational jobs. Currently, Australia imports around 2.4 million tonnes of urea per year.

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Bluewhite raises $39M to expand autonomous tractors to farms worldwide

Robotics Business Review

“This next phase of our growth will help provide unprecedented transparency throughout the food supply chain and ensure healthier, safer, and more sustainable food production and consumption,” he added. million in 2022 to $234.72 More conservatively, Industry Research Co. predicted a CAGR of 0.32% from $230.31

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Sustainable V8 sports car project aims to make muscle car carbon neutral

E&T

Using Sustain – a second-generation biofuel that uses agricultural waste such as straw or by-products from farming, food production or forestry, recycling carbon from the atmosphere – the team behind the show will be running the 5.0-litre litre V8 Ford Mustang, covering over 1,000 miles a month promoting the event around the UK.

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Ampcontrol joins BHP on global food supply project

Canadian Manufacturing

Predominantly used as a fertiliser, potash provides a source of potassium which keeps soils fertile and maximises food production. Potash demand is set to increase with global population growth and food demand. This is particularly important for this site due to our remote location.”

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Grocery CEOs deny all accusations, say profit mongering is not an issue

Canadian Manufacturing

All three companies posted higher profits in the first half of 2022 compared to their average performance over the past five years, according to a report last fall by the Agri-Food Analytics Lab at Dalhousie University. “The idea that grocers are causing food inflation is not only false, it’s impossible,” he said.

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METRO Inc. inaugurates its automated distribution centre

Canadian Manufacturing

“This facility incorporates modern technology that boosts our efficiency as a retailer, ensuring we can deliver high-quality food products to our stores more efficiently, thereby enhancing freshness and quality.”