Competition continues to bite for Swedish speciality fats and oils
business Karlshamns with the firm announcing it will pour Euros
6.68 million (SEK60m) into cost-cutting measures.
Swedish speciality fats and oils firm Karlshamns builds up supplies
of pumpable fats and liquid margarine as industry spikes demand for
convenience fats, reports Lindsey Partos.
Squeezed margins from 'fierce competition' have hit profits at
Swedish oils and fats firm Karlshamns, which this week announced
job cuts in the context of a cost saving programme.