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Azeri Company to Sign Partnership with Turkish Businessman

Image The Azerbaijani state oil company, Socar, is to partner up with Turkish businessman Remzi Gür on local market commercial operations by establishing three companies, the head of the company’s Turkey unit informed. “Our cooperation with Remzi Gür will bring synergy in our downstream – oil product sales, marketing and distribution – and local operations,” Socar Turkey President Kenan Yavuz told a news agency.

Flagstone Project on Watson Island Moving Ahead, City Says

Flagstone Development is in the process of finalizing agreements with equity partners and lining up financing for development of its $640 million Island Gardens project on Watson Island, the city of Miami reports. I had queried the city about the status of the long-awaited project on Friday after thinking that the light rail system I blogged about on Dec. 28 could make the project better connected to Miami Beach and the mainland. Watson Island is currently known as the home for the Jungle Island attraction and the Miami Children's Museum.

Chobani Yogurt Loses Canadian Market

Image Greek yogurt lovers in Canada can't find Chobani on grocery store shelves anymore. As of a few weeks ago, the product no longer was available in Canada, Chobani Communications Manager Lindsay Kos said. “Due to circumstances outside of our control, we are unable to move forward with our national launch plans at this time,” she said. “We're working closely with the Canadian government to figure out a solution to be able to bring our products to the Canadian marketplace.”

Rabobank Honors Chobani with Innovation Award

Image By CAROL RYAN DUMAS\Capital Press - Rabobank, a leading global food and agribusiness bank, has named Chobani as the winner of its 2012 North America Innovation in Leadership award for the company's "groundbreaking contribution" to the U.S. yogurt sector. The 2012 award honors Chobani, a Rabobank client, for the transformational impact of its practices on the U.S. yogurt industry and its success in redefining an established market to advance its business and the overall yogurt category.
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