Packaging films producer Vacmet India is to invest close to Rs15.8bn ($238.8m) in a new production plant in Dhar district in the state of Madhya Pradesh, a move that will create over 8,000 jobs. The company laid foundation stone of the ...
Tags: Packaging films, BOPP films, food packaging
Canadian fruit and vegetable processor Pride Pak is building a new fresh fruit and vegetable processing facility in Orleans County in Medina, New York. Located in the 13 acre Medina Business Park, the new 68,000 ft2 facility will be a ...
Swiss food fragrance and flavours company Givaudan has initiated plans to set up a flavours manufacturing facility in Ranjangaon, Pune in India. Givaudan is investing CHF 55m ($55.8m) as a part of growth strategy to foray into Indian ...
Tags: food fragrance, emerging market
US-based food and beverage company PepsiCo is opening its first Quaker Oats factory in China with an investment of CHF200m ($31.25m), in order to expand its nutritional offerings in the Asian country, as carbonated drinks business continues ...
Tags: Quaker Oats, PepsiCo
Singapore-based commodity major Olam International is keen to make acquisitions of up to SGD$2.72bn ($1.4bn) as it plans to benefit from the dip in prices of agricultural commodities. Olam CEO Sunny Verghese was quoted by Bloomberg as ...
Tags: Olam, agricultural commodities, cocoa, nuts, wheat
China-based Bright Foods’ listed subsidiary is acquiring 50% stake in New Zealand-based meat cooperative Silver Fern Farms for NZ$311m ($197m) as it seeks to import more of agricultural products from New Zealand. Silver Fern ...
Tags: Bright Foods, sheep and beef, dairy
It kicked off 2015 with a buzz-generating surprise debut at the North American International Auto Show in January, and now the popular Hyundai Santa Cruz has earned the prestigious title of Concept Truck of the Year at the 14th annual North ...
Tags: Hyundai Santa, Concept Truck
The European Parliament's environment and agriculture committee has voted in favor of ban on cloning of farm animals, as well as food products from both clones and their offspring in the EU. This comes in view of potential health risks ...
Tags: Food Products, Cloned Animals
More than 73% of chickens tested positive for the presence of food poisoning bug campylobacter in the UK, according to the Food Standards Agency. As part of the year-long study, over 4,000 samples of fresh whole chilled chickens from ...
Warrnambool Cheese and Butter Factory (WCB), a subsidiary of dairy giant Saputo, has completed the previously announced acquisition of Lion Dairy & Drinks' (LDD) everyday cheese business (EDC Business) for A$137.5m ($107.3m). The ...
China has lifted a three-year old ban on Brazilian beef imports, paving way for new sales that could generate around $50m. Earlier in 2012, China suspended beef imports from Brazil over a mad cow disease scare. Brazil President Dilma ...
Tags: Beef Imports, Imports ban
Australian establishment Lion has opened its expanded and upgraded specialty cheese manufacturing facility - The Heritage - in Burnie, Tasmania, which is said to be the largest in the Southern hemisphere. The specialty cheese facility ...
Tags: Specialty Cheese, Lion
The UK Department for Environment, Food and Rural Affairs (Defra) is contemplating plans to develop new food labeling laws to give consumers more accurate and easy-to-understand information about the products' place of origin. This ...
Tags: Food Origin Labeling, Defra, food labeling
SkinnyPop Popcorn has acquired the Paqui brand of better-for-you tortilla chips and tortillas for an undisclosed amount. Paqui sells tortillas and tortilla chips that are claimed to be made with unbleached, untreated flour, or by stone ...
Tags: SkinnyPop Popcorn, Popcorn
Packaging films producer Thai Film Industries (TFI) is considering setting up a packing film factory in Bangladesh worth $40m. Based in Thailand, TFI specialises in producing BOPP, CPP films, polyethylene terephthalate and metalised ...