Mexican dairy company Grupo Lala is nearing an agreement to acquire Brazil-based dairy and food firm Vigor Alimentos. Grupo Lala completed the negotiation process to complete the purchase of Vigor Alimentos, including its shareholding in ...
Packaging firm Sonoco has reduced total water usage by about 5% in 2016, total energy usage by 0.52% and recovered the equivalent (by weight) of 57% of the product that Sonoco places into the marketplace through recycling, according to the ...
Tags: Sonoco, Energy Usage
Food and agriculture investment firm Arlon Group has purchased a minority stake in Brazil-based CBL Alimentos (Betania). Betânia is the largest dairy company in the Northeast Region of Brazil, producing fluid milk, dairy drinks and ...
Tags: Arlon, milk production
The Alkaline Water Company said that it sold a record $1.84m of Alkaline88 water to its customers in May 2017. The Company is the creator of an innovative, state-of-the-art, proprietary electrolysis beverage process. The Company packages ...
Tags: Alkaline Water, Bottles
Tesla has shared the first image of the Model Y – a compact electric SUV – during a shareholder meeting at the Computer History Museum in California. The picture (see main image) doesn't tell us much, other than the fact the ...
Tags: Tesla, electric SUV
Archer Daniels Midland is building a new flour mill in Mendota, located in the US state of Illinois. The high-capacity, modern facility will allow the company to continue to meet growing demand for flour throughout the Midwest. ...
Tags: ADM, Flour Mill
LyondellBasell has announced that its Supervisory Board has authorized the company's Management Board to declare a dividend of $0.90 per share, representing a 5.9 percent increase over the company's first quarter 2017 dividend. The ...
Tags: LyondellBasell, plastics
Novelis, the world leader in aluminum rolling and recycling, has reported record results for the fourth quarter and fiscal year 2017 with significant year-over-year increases in Adjusted EBITDA, net income, free cash flow and automotive ...
Tags: Novelis, automotive
Supremex, a North American manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products, announced its results for the first quarter ended 31 March 2017, and declared a ...
For first-quarter 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $94.4m, rebounding further from $93.6m last quarter and up 21% on $78m a year ago. This is above ...
Tags: LED Demand, LED industry
Chinese engineering firm Truking Group has agreed to acquire 75.1% stake in Romaco Group from German private equity company Deutsche Beteiligungs (DBAG). Romaco, which employs about 550 people, provides packaging and processing ...
Tags: Truking, coating machine
TreeHouse Foods has agreed to sell its Soup and Infant Feeding (SIF) business to Riverbend Foods, a newly founded portfolio company of Insight Equity. The SIF business is based in Pittsburgh, Pa. and is a leading manufacturer of private ...
Tags: TreeHouse, Infant Feeding
RiceBran Technologies has signed an agreement with Alothon Group, its minority co-investor in Nutra, that terminated Alothon's roll-up rights, a process that would have let Alothon to exchange its equity position in Nutra for an equivalent ...
Tags: RiceBran, Roll-up Rights
Real Good Food announced that it has acquired an 84.33% stake in Brighter Foods for total consideration of up to £9m, on a cash and debt free basis. The two companies announced a new partnership to build on the success for the Wales ...
Tags: Real Good Food, snack bar
Archer Daniels Midland Company (ADM) has secured exclusivity in relation to the proposed acquisition of Chamtor, a France-based manufacturer of wheat-based sweeteners and starches. Pierre Duprat, president, ADM Europe, Middle East and ...
Tags: wheat, sweeteners