DANGCEM₦1,420.00• 0.00%
AIRTELAFRI₦6,300.00• 0.00%
MTNN₦850.00▲ 3.03%
BUAFOODS₦760.60• 0.00%
BUACEMENT₦293.40• 0.00%
SEPLAT₦16,000.10• 0.00%
ARADEL₦1,439.90• 0.00%
HBMNG₦350.00• 0.00%
FIRSTHOLDCO₦119.15▼ 5.10%
ZENITHBANK₦119.00▼ 0.83%
GTCO₦120.00▼ 0.74%
TRANSCOHOT₦290.50• 0.00%
STANBIC₦162.00▼ 1.76%
NB₦72.00▼ 2.37%
NESTLE₦2,750.00• 0.00%
PRESCO₦1,840.80• 0.00%
GEREGU₦825.70• 0.00%
UBA₦42.00▼ 2.10%
INTBREW₦9.30• 0.00%
ACCESSCORP₦28.60▼ 3.05%
FIDELITYBK₦24.00▲ 9.09%
DANGSUGAR₦68.00• 0.00%
TRANSPOWER₦178.00• 0.00%
ETI₦71.00• 0.00%
WEMABANK₦32.00▲ 3.23%
OKOMUOIL₦1,276.20• 0.00%
GUINNESS₦423.00• 0.00%
FCMB₦11.20▼ 1.79%
UNILEVER₦109.00• 0.00%
UACN₦181.00• 0.00%

GDN DESKTOP 1

Advertisement

Cormart inaugurates caramel plant to boost local industry

Cormart Nigeria, a chemicals and raw materials company, has commissioned a new caramel plant to boost local production of food and beverages.

The plant, located at its factory on the Lagos-Ibadan Expressway, can produce 15 metric tonnes of caramel per day and supply beverages, brewery and food industries with caramel as a colorant.

Its Executive Director, Martin Middernacht, disclosed this just as the plant manager, Olakunle Atoki, said: “We will be producing the caramel with three basic ingredients: dextrose, water and ammonia. It is called Class-3 or ammonia caramel.”

General Manager of Cormart, Dr Johannes Flosbach, also indicated that there were plans for expansion as daily orders increase ensure that “we give our customers a premium product which combines higher quality and a lower price than most imported products.”
[ad]

Advertisement
Join Our Channels

Taboola Recommendation Widget