Hu Kaihong: Good morning, ladies and gentlemen. Welcome to the news briefing held by the State Council Information Office. The Johannesburg Summit and the Sixth Ministerial Conference of the Forum on China-Africa Cooperation ("FOCAC") will ...
Ireland-based nutrition company Glanbia and its joint venture partners in Southwest Cheese are planning a $140m expansion of cheese production plant in Clovis, New Mexico. The expansion is intended to increase milk processing capacity by ...
Vice President of China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) Shi Yonghong met with visiting Vice Director of Portuguese Trade Promotion Bureau Luis CASTRO HENRIQUES and Economic Counselor of ...
The European Bank for Reconstruction and Development (EBRD) is providing €44.7m as loan to Coca-Cola Beverages Tajikistan (CCBT) for setting up a greenfield soft drink bottling plant in that country. Aimed at cutting down on imports ...
Tags: Coca-Cola Bottling, soft drink
Food storage technology provider Blumberg Grain is planning to invest over $250m during the next five years to expand its presence in India. As part of the expansion, the company will build a plant to manufacture components for scientific ...
Al Safi Danone Iraq will receive around $18m in investment from World Bank Group member IFC to expand its dairy operations to enhance domestic food security. This is a part of World Bank Group's strategy to encourage South-South ...
Tags: Al Safi Danone Iraq, food security
American chocolate manufacturer Mars’ Indian unit is planning to invest INR1,005 crore ($160m) to establish its first manufacturing plant in Pune, India. Mars International India has now signed a MoU with the government of ...
India’s biscuit maker Britannia Industries is set to increase exports and eyes joint ventures, acquisitions as part of its strategy to enhance its manufacturing capacities in the Middle East. Britannia managing director Varun Berry ...
Dutch brewing company Heineken has opened a new €110m greenfield brewery in Kilinto, Ethiopia, in a move to cater to the increasing demand for beer in the country. This development comes after the Ethiopian government invited ...
Tags: beer, brewery, Agriculture
India-based Dharampal Satyapal Group intends to invest INR2bn ($32m) to establish five dairy production units in India over the next three years. The firm, which plans to roll out a range of dairy products such as butter and cheese across ...
Tags: dairy products, Agriculture
Indian conglomerate Dharampal Satyapal Group (DS Group) is planning to set up five new dairy production plants in the country, a move that will increase its capacity. The company intends to invest around INR2bn ($32.14m) in the expansion, ...
Tags: dairy production, butter, cheese, Agriculture
Sintex Industries is expecting the phase-I of its textile plant near Pipavav port in Gujarat to become operational by March next year. This was disclosed by Amit Patel, managing director of Sintex. Patel was speaking to mediapersons ...
NYSE-listed LyondellBasell Industries said it posted second consecutive quarter of record earnings, while its EBITDA crossed $2 billion for the first time in the third quarter of 2014. Earnings from continuing operations for the third ...
Tags: chemicals producer, ethylene market, Textile
Magna International announced today the grand opening of DexSys, a new greenfield facility in Delta Township, Michigan, for the manufacture of automotive exterior products. Company officials were joined by Michigan Governor Rick Snyder, ...
Fonterra has officially opened its NZ$126 million UHT greenfield plant in Waitoa, New Zealand. The plant features state-of-the-art Tetra Pak processing and packaging equipment which will produce a range of products including UHT white milk ...
Tags: Tetra Pak, UHT Production