<\/p>\n
On September 09, 2015, Coca-Cola, the world’s largest beverage company launched a new line of fruit juice made from concentrate: Five Alive Pulpy Orange,<\/em> and announced Teragro Commodities Limited, agribusiness subsidiary of Nigerian conglomerate Transcorp, as the sole local-concentrate sourcing partner for the product.<\/p>\n Teragro, which first began producing concentrate for Coca-Cola in 2014\u00a0produces orange, mango and pineapple concentrates for industrial markets.<\/p>\n \u201cIn July, we invested in a world-class extraction cup, which revolutionized the production process and ensured that our concentrates meet the most stringent international standards,\u201d said Teragro CEO Dupe Olusola. \u201cOur budding relationship with Coca-Cola is essentially the international seal of approval on our products.\u201d<\/p>\n Given the scale of The Coca-Cola Company\u2019s sales network and the impact on critical resources like water, it has emphasized the importance of partnering locally to ensure sustainability of supply chain.<\/p>\n \u201cWe are establishing long-term relationships with suppliers all over the world, and our partnership with Teragro is helping us to change the way agribusiness is done in Nigeria,\u201d said Nigerian Bottling Company Director of Stills Prahlad Gangadharan. \u201cWe are proud to have a supplier like Teragro, that delivers the highest quality product, making sustainability without sacrificing quality, a real possibility.\u201d<\/p>\n Teragro recently signed a memorandum of understanding\u00a0(MOU) with the Benue State government to lease land to establish citrus farms with improved varieties of citrus fruits and to diversify crops. The company employs and invests in capacity building for small-scale farmers as part of its commitment for improved return to investors, while providing support to the community.<\/p>\n \u201cWe have made investments in Teragro\u2019s processes to ensure quality and that has elevated us to the pinnacle of local producers and ensures that we are able to compete with any international producer,\u201d said Transcorp Group CEO Emmanuel N. Nnorom. \u201cThe fact that Coca-Cola is using our product is a testimony of its high-quality and of Coca-Cola\u2019s commitment to meeting its goals with the best suppliers in Nigeria.\u201d<\/p>\n <\/p>\n <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" On September 09, 2015, Coca-Cola, the world’s largest beverage company launched a new line of fruit juice made from concentrate: Five Alive Pulpy Orange, and announced Teragro Commodities Limited, agribusiness subsidiary of Nigerian conglomerate Transcorp, as the sole local-concentrate sourcing partner for the product. Teragro, which first began producing concentrate for Coca-Cola in 2014\u00a0produces […]<\/p>\n","protected":false},"author":1,"featured_media":518,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53],"tags":[],"class_list":["post-516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news"],"_links":{"self":[{"href":"https:\/\/www.heirsholdings.com\/hhpeople\/wp-json\/wp\/v2\/posts\/516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.heirsholdings.com\/hhpeople\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.heirsholdings.com\/hhpeople\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.heirsholdings.com\/hhpeople\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.heirsholdings.com\/hhpeople\/wp-json\/wp\/v2\/comments?post=516"}],"version-history":[{"count":1,"href":"https:\/\/www.heirsholdings.com\/hhpeople\/wp-json\/wp\/v2\/posts\/516\/revisions"}],"predecessor-version":[{"id":519,"href":"https:\/\/www.heirsholdings.com\/hhpeople\/wp-json\/wp\/v2\/posts\/516\/revisions\/519"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.heirsholdings.com\/hhpeople\/wp-json\/wp\/v2\/media\/518"}],"wp:attachment":[{"href":"https:\/\/www.heirsholdings.com\/hhpeople\/wp-json\/wp\/v2\/media?parent=516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.heirsholdings.com\/hhpeople\/wp-json\/wp\/v2\/categories?post=516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.heirsholdings.com\/hhpeople\/wp-json\/wp\/v2\/tags?post=516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}