29/01/14: Grain-based alcohol; Philippines agriculture sector expands; investment firm acquires stake in bread business

The animal feed industry recently reported on the by-products of grain-based distilleries.

Grain-based distilleries, together with an increasing use of molasses-based ethanol by oil companies is set to further the viability of grain-based distilleries in the future. Grain-based distilleries will also provide better quality alcohol to the liquor industry.

Full news available here. 

Despite the array of natural catastrophes that hit the Philippines in 2013, the country's agriculture industry managed to expand by a healthy 1.15 percent between January and December last year.

“Considering a very challenging year, this growth is significant,” said J. Alcala, secretary of agriculture in the Philippines.

Full news available here.

Global investment firm The Gores Group recently announced it is to pay £30 million (US$49.7 million) for a 51% stake in a joint venture that will allow Gores to operate the Hovis bread business, currently owned by UK-based Premier Foods. 

The bread business is valued at approximately £87.5 million ($144.4 million).

Full news available here.

Various breads (Photo credit: Wikipedia)