Trade snapshot: a view from Europain

first_imgSeen in the Innovations section of Europain, the latest flaky idea from France Bread Flakes! France’s five-day bakery show, for bread, confectionery and chocolate closed on Wednesday, 10 March. So could flakes catch on? Well, if it is a toss-up between toast or bread flakes, at least bread is the winner, say makers Paillasse International.What was impressive about the show? Lots, actually. The fabulous, fresh-made crusty bread that assuaged the senses as you entered the door and lived up to its promise. But also the Rue des Ecoles the street of schools where different colleges that teach bakery and patisserie took booths. Manned by teachers and pupils from the present, they welcomed potential pupils of the future. Career advisors turned up with interested students. Oh! if only we planned that more over here. But let’s not forget that France has 33,000 boulangers and just as many patissiers so the colleges and organisations that represent them have much greater resources for promoting and organising such publicity and events.And the trends? Well, health is much to the fore, even on the indulgence front, with fruits and fillings becoming more ’natural’. Back in the Innovations section, Puratos was pushing a mini-loaf and mini-brioche with a large dried fruit in the middle for kids to eat as soon as they rush home from school, so that they reach for something nutritious and filling instead of sweets or unhealthy snacks.On the family day on Sunday, parents walked around with their young children or explained to the older ones how machinery worked. They showed them young students competing in the bakery, confectionery and chocolate competitions and the children’s expressions said it all magic! Ireland produced a lovely green sugar sculpture, applauded by the crowds. And business was even busier on the Monday than the Sunday.last_img read more

PREMIUMJobs law not enough to boost extractive industries, businesses say

first_imgTopics : Google Forgot Password ? Log in with your social account Facebook LOG INDon’t have an account? Register here Extractive industry players have expressed doubt that the recently passed Job Creation Law will be quick to solve issues hindering the sector’s growth despite hopes over deregulation and potential future investments offered through the legislation.The omnibus law simplifies administrative-related articles from 79 older laws in various sectors, including oil and gas, mining and geothermal laws, in the hopes of growing businesses and generating employment.Three extractive industry association leaders have said that, while cutting red tape is important to attract investment, the law failed to address many other critical issues, including the most immediate one: the COVID-19 pandemic.“This [law] is not going to immediately boost upstream oil and gas activity. If anything, activity will continue going down because of COVID-19 and low oil prices,” Indonesian Oil a… Linkedin mining-companies geothermal oil-price Omnibus-Law-on-Job-Creation Jobs-law job-creation-law coal extractive-industry oil-and-gaslast_img read more

Shelf Drilling in Oslo IPO plan. Plans to use cash for rig fleet expansion

first_imgShelf Drilling on Monday said it planned to conduct an initial public offering (“IPO”) and a listing of its common shares on the Oslo Stock Exchange.Subject to receiving the relevant approvals from the Oslo Stock Exchange and favorable equity capital market conditions, the IPO is expected to be launched during June 2018, the company said.The offshore driller said it would use the net proceeds from the offering to finance the company’s fleet expansion, redemption of all or parts of the company’s preferred shares and for general corporate purposes.“The Company is in discussions with multiple parties for the potential purchase of one or two modern, premium jack-up rigs. These jack-up rigs are generally of comparable designs to one or more of the Company’s existing premium jack-up rigs,” Shelf Drilling said.Shelf Drillings specializes in shallow water offshore drilling, providing of equipment and services for the drilling, completion and workover of offshore oil and natural gas wells.The company said it would make further announcements relating to the IPO “in due course.”last_img read more