Joint Venture28 Aug 2025, 01:18 pm
Manorama Industries Expands Global Footprint with MOU in Burkina Faso and Strategic Partnership in Brazil
AI Summary
Manorama Industries Limited, a global pioneer in the manufacturing of Cocoa Butter Equivalent (CBE), specialty fats & butters and exotic products, has deepened its international presence in Africa and Latin America. The company has signed a Memorandum of Understanding (MOU) with the National Office for Major Projects of Burkina Faso to establish a new factory focused on the processing plants of Shea Nuts & Mango Kernels. Additionally, Manorama Latin America LTDA has entered into a strategic partnership with DEKEL Agroindustria to produce CBE and specialty fats in Brazil.
Key Highlights
- Manorama Industries signed an MOU with the Government of Burkina Faso to establish a new factory for processing Shea Nuts & Mango Kernels.
- Manorama Latin America LTDA forged a strategic partnership with DEKEL Agroindustria to produce CBE and specialty fats in Brazil.
- Manorama Industries is the first global CBE producer to manufacture in Brazil.
- Production in Brazil is set to begin in November 2025.
- These developments support Manorama's plans for backward integration, improve operational efficiencies, and better supply chain management.