Rice producer Best Foods is planning to invest INR750m ($12.2m) in expanding its retail presence to cater to the increasing consumer demand for grains. The move is said to form a part of the company's strategy to generate around INR50bn ...
Tags: Rice producer, grains, Agriculture
Swiss food major Nestle has expanded its breakfast cereal range with the launch of new Gluten Free Corn Flakes. The new Gluten Free Corn Flakes, fortified with B-vitamins and iron, are available in two flavors including Traditional and ...
Tags: breakfast cereal, Gluten Free Corn Flakes, Agriculture
Following on the 2012/2013 investment program and the resulting enhancement of its global presence, Rieter is setting new priorities in the implementation of its strategy, among which includes growing faster than the market. Rieter said ...
While, New York cotton futures for the November trading month tended to be firm, the CIF Bremen Index remained almost unchanged in the current week. According to reports, various reasons were said to contribute to the strong December NY ...
In the third fiscal quarter ending September 27, 2014, despite posting revenue growth of 21.22% year-on-year, NASDAQ-listed manufacturer of carpet and rugs – The Dixie Group, reported loss from continuing operations. In the quarter ...
Tags: manufacturer of carpet, rugs, Textile
VIDA, a new e-commerce platform that aims to connect shoppers directly with ethically produced apparels and accessories designed by artisans and designers from around the world, has been launched recently. With a primary aim to provide ...
Speakers at the recently held International Cotton Advisory Committee's (ICAC) 73rd Plenary Meeting were of the opinion that, instrument testing of cotton lint will help farmers realise better prices and that it was imperative. This ...
Tags: cotton lint, instrument testing, Apparel
Net profit for the second fiscal quarter ending September 30, 2014, slipped 30.2% year-on-year at value-added yarns and home textile producer - Sutlej Textiles and Industries Ltd (STIL). In the second quarter of fiscal 2014-15, profit ...
Tags: Sutlej Textiles and Industries Ltd, topline performance, Textile
The inaugural edition of International Textile Fair (ITF) held in Dubai on the 3rd and 4th of November, showcasing pre-collection spring/summer 2015 and autumn/winter highlights, proved to be a successful event. The global event was an ...
December lost 131 points to close at 63.19 cents/lb, while March dropped 74 points to close at 62.28 cents/lb, which pulled down New York cotton futures this week. “It was another uneventful week in the cotton market, as values ...
Tags: cotton futures, Textile
Although US cotton exports started slowly compared to recent years, they are on track to reach the forecast of 10 million bales for 2014/15 cotton season, the Foreign Agricultural Service of the United States Department of Agriculture ...
Top industrial associations of Pakistan have urged Sui Northern Gas Pipelines Limited (SNGPL), one of the largest integrated gas companies in Pakistan, engaged in the business of transmission and distribution of natural gas, to reverse its ...
The CIF Bremen Cotton Index remained overall firm and business stayed stable in the current week. “Cotton contracts were mainly focused on long and extra-long staple range and prompt delivery up to the end of the current ...
Tags: CIF Bremen Cotton Index, Cotton contracts, Agriculture
Corrugated packaging provider Green Bay Packaging (GBP) has acquired Great Lakes Packaging Corporation and Midland Container Corporation from MidCon Holdings, a portfolio company of Arbor Investments, for an undisclosed amount. MidCon is ...
Tags: Corrugated packaging provider, Green Bay Packaging, Agriculture
US-based Catalyst Paper Corporation will acquire the Biron paper mill and the Rumford pulp and paper mill for around $74m. The company has entered an asset purchase agreement with NewPage Corporation, NewPage Wisconsin System and Rumford ...