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CARAVELLE INTERNATIONAL GROUP SIGNS $25 MILLION SUPPLY AGREEMENT TO DELIVER 50,000 CUBIC METERS OF WOOD TO SOUTH AFRICA

PR Newswire - Press Release

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SINGAPORE, May 25, 2023 /PR Newswire/ -- Caravelle International Group (Nasdaq:CACO), a global ocean technology company, today announced it has signed a supply agreement with South African company Best Polystyrene. Over the next two years, Caravelle will supply 50,000 cubic meters of wood from its processing facility in Gabon, West Africa, with an estimated revenue of $25 million.

Read more at prnewswire.com

Related Symbols

Symbol Last Chg %Chg
CACO 0.4401 -0.0173 -3.78%
Caravelle International Group

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