J.M. Smucker’s proposed $285m purchase of Conagra Brands’ Wesson cooking oil brand has hit a roadblock with the US Federal Trade Commission (FTC) accusing the deal will reduce competition in the country for canola and vegetable ...
Tags: cooking oil
Australia’s competition regulator has raised concerns about a proposed CAD1.29bn ($1.01bn) acquisition of Murray Goulburn Co-Operative (MG) by Canada’s Saputo, saying that the transaction would lead to lower prices being paid to ...
Tetra Pak said that it will support the European Commission’s plastics strategy in a bid to reduce plastic pollution. The company will collaborate with industry partners to use recycling solutions for all components of beverage ...
Tags: Tetra Pak, Plastics Strategy
The European Union (EU) has unveiled a new strategy on plastics as part its efforts to protect the environment from plastic pollution. Under the new strategy, EU intends to turn all plastic packaging into recyclable by 2030, in addition ...
Tags: Plastic Packaging, plastic waste
Food industry leaders have urged the UK and European Union (EU) policy makers to make swift progress on Brexit trade negotiations. FoodDrinkEurope and the UK Food and Drink Federation have issued a joint statement on the progress of ...
Tags: Food industry, Trade Talks
The China LED lighting market will exceed $24bn by end 2024, forecasts Renub Research in a new report. Escalating urbanization, price cuts and local energy savings targets are making the technology more tempting. China’s lighting ...
Tags: LED market, LED lighting
New Zealand-based Fonterra has announced its plan to further expand its Waitoa UHT site to meet the growing demand for its products. The site currently has production capacity of more than 80,000 cartons of UHT milk and cream every hour. ...
Delphi Automotive's board has approved a new powertrain spin-off into a publicly traded company, Delphi Technologies. The record date will be as of the close of trading (New York City time) on Nov. 22, 2017, and the distribution date will ...
Tags: Delphi Automotive
France-based private equity firm Ardian has agreed to acquire Spanish bakery companies Berlys and Bellsolà with an intention to combine the two businesses. The financial terms of the deal were not disclosed by the parties. Berlys ...
Singapore-based Jardine Cycle and Carriage (JC&C) has agreed to acquire 5.53% stake in Vietnam Dairy Products Joint Stock Company (Vinamilk) for $616.6m through its subsidiary Platinum Victory. The stake has been purchased via an auction ...
Tags: Jardine Cycle, Milk
Canadian dairy giant Saputo has agreed to acquire Australia-based dairy processor Murray Goulburn Co-Operative (MG) for CAD1.29bn ($1.01bn). The is expected to complement the operations of Saputo's Dairy Division (Australia). Saputo ...
Tags: Saputo, dairy processor
This month sees the launch in Grenoble, France of the three-year, €7.2m European Union ‘Horizon 2020’ project ModulED, which brings together 10 European research institutes, key members of the automotive-industry value ...
UPM Raflatac is set to introduce new labeling solutions for medical device and healthcare industry at this year’s CPhl Innopack exhibition in Germany. The event will take place between 24 and 26 October. At the event, the company ...
Tags: Labeling Solutions, Medical Device
US-based NutraFuels (NTFU) has installed a high speed filling and packaging equipment at its manufacturing facility to produce dietary supplement nutritional products. The firm will commission the new filling and sealing machine at its ...
Tags: NutraFuels, Packaging Equipment
Solar-Tectic LLC of Briarcliff Manor, NY, USA says that the US Patent and Trademark Office has granted it US patent 15/205,316 ‘Method of Growing III-V Semiconductor Films for Tandem Solar Cells’ for high-efficiency and ...
Tags: Thin-film PV, Glass Substrate