Chinese investor mulls USD 100mn glutamate plant in Croatia.

By bne IntelliNews April 27, 2011
An unnamed Chinese firm mulls building an USD 100mn monosodium glutamate (MSG) factory in Koprivnica, northern Croatia, on its own or in partnership with Croatian food maker Podravka, Vecernji List reported, quoting Podravka CEO Miroslav Vitkovic. The possible investment was discussed during a meeting of Podravka executives with representatives of the Chinese company in Shanghai. According to the media, the Chinese plant will create 600 jobs. Podravka, which also has a plant in Koprivnica, uses glutamate in its products.
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