Itochu to Make Processed Pineapple Products in Sierra Leone

Economy

Tokyo, Aug. 26 (Jiji Press)--Major Japanese trading house Itochu Corp. <8001> said Monday that it has established a subsidiary to grow pineapples and produce processed pineapple products in Sierra Leone.

Itochu plans to start such production at the new unit, which was established through Dole Asia Holdings, a subsidiary of the trading company, in fiscal 2021 and will export such products to Europe.

While Itochu has been operating its processed pineapple product business in the Philippines and Thailand, the company decided to set up a new base in Africa, which is closer to Europe, to disperse risks such as bad weather.

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