Brazilian meatpacker announced the completion of a partnership with HPDC, owned by a Saudi fund, launching a joint halal products business. The new company is preparing an IPO on the Saudi stock exchange.
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The company’s CEO, Miguel Gularte, said demand in the region is being met through an operational stock strategy and by redirecting cargo to active ports, using feeder vessels and overland freight.
In a panel on sustainable development, company and standards body representatives said the concepts complement each other.
