Poland-based plastic film producer Ergis group will launch a second PET film production line and acquire a new plastic packaging line in Southern Poland. The company will acquire the packaging line for its Plexergis subsidiary in Nowy ...
Breakfast cereal producer Kellogg plans to acquire a majority stake in Egyptian confectionery-maker Bisco Misr for an undisclosed amount. The company is eyeing around 51% stake in Bisco Misr, following a due diligence. Bisco Misr, ...
Tags: Kellogg, Bisco Misr, Breakfast cereal
The New Fiber Fabric Workshop textile division of the Shenghong Group has become one of the first companies in China to be awarded STeP by OEKO-TEX certification for its environmentally friendly and socially responsible production ...
Tags: Fiber Fabric, Oeko-Tex Certificate
Tyson Foods has signed a deal to sell its poultry operations in Mexico and Brazil to JBS for $575m, as part of efforts to pay down debt associated with its $7.7bn purchase of Hillshire Brands. Tyson's Mexican operations will be ...
Tags: Tyson Foods, Poultry, Foods
Chinese electrolytic manganese metal prices rose this week on tightening supplies in the market, sources said Thursday. Major electrolytic manganese metal producers in China have kept their run rates lower due to continued maintenance ...
Tags: manganese metal, metal producers, steel
Tate & Lyle, a British food and beverage firm, is planning to invest around $90m in its production plants in Lafayette, Indiana over the next three years. The investment will be used in the three-phased expansion of Tate & Lyle's ...
Tags: Tate&Lyle, food starch, Food
Mexico-based baking company Grupo Bimbo has agreed to acquire Ecuador bread producer Supan, as part of its strategy to further strengthen its presence in the Americas. The transaction involves number of brands such as the Supan, Bimbo, ...
Tags: Grupo Bimbo, Supan, Food
German automobile producer BMW has announced that it will invest $1 billion in its first production plant in Mexico, which is to be built in close proximity to the city of San Luis Potosí. BMW board member Harald Kruger said the new ...
Coatex and Arkema Coating Resins , two business units of the Arkema group, are celebrating the official opening of their new Latin America application laboratory and technical center in Araçariguama, Brazil on the outskirts of ...
Tags: Construction, Coating, Coating Resins, Resins
According to figures issued by Russian Railways, in March this year direct deliveries of cast iron, rolled steel, pipes and semi-finished products to locomotive, car repair and car production plants in Russia (including dual-purpose ...
Tags: Steel Product, Automakers
Mainland Headwear Holdings Limited, the new parent of San Diego Hat Company that also manufactures headwear for some of the largest U.S. brands and operates Lids and New Era stores in Asia, reported revenue for the year ended 31 December ...
Tags: Sporting Goods, Recreation
One part power electronics and one part networking and communications technology, microinverters and DC optimizers (commonly referred to as module-level power electronics, or MLPEs) are playing an increasingly significant role in ...
Tags: renewable energy, Microinverters, DC Power
Calling it a move to improve transparency with consumers, major American beef producer Cargill has begun labeling some of its ground beef products that contain the company's finely textured beef, a lean beef product derived from fatty ...
Tags: Food Safety, beef products
French dairy major Danone has agreed to increase its holding in Chinese dairy firm Mengniu from 4% to 9.9%, with an investment of €486m. The company, along with COFCO Dairy Investments, signed a deal to subscribe a reserved rights ...
Tags: Danone, Mengniu, increase holding
Arkema and Jurong Chemical have formed Sunke, a joint venture in which Arkema will have a majority interest, comprised of the assets of Jurong's acrylic acid production site in Taixing opened in 2012. This acquisition, in the wake of ...
Tags: acquisition, partnership