The Hain Celestial Group announced it has received a limited waiver and extension of certain obligation under its unsecured credit facility from its lenders regarding the delivery of its fiscal year 2016 financial statements and, if ...
Tags: Hain Celestial, limited waiver, extension of credit facility
An investor coalition worth $1.25tn is set to persuade 16 multinational companies to identify risks associated with industrial animal production and device strategies to roll out plant-based sources of protein. The coalition urges the ...
General Mills’ brand Progresso has made all its 36 chicken soup products antibiotic and hormone free while also removing artificial flavors and colors in most of its soups. The soup maker, which has given a new packaging to its ...
Tags: General Mills, Progresso, antibiotic and hormone free chicken soup
Valmet has received a contract to rebuild Metsä Tissue's tissue machines in Raubach, Germany and Pauliström, Sweden. Earlier this year, Metsä Tissue commenced the operations of its TM1 tissue machine in Raubach, following ...
Tags: Valmet, MetsäTissue
General Mills announced that it has reached a final decision to close its manufacturing facility in Vineland, New Jersey. The company said the facility will close by the first quarter of fiscal 2018. On July 21, the company announced a ...
Tags: General Mills, facility close
Golden Peanut and Tree Nuts, a subsidiary of Archer Daniels Midland Company, has announced that it has completed its major expansion of peanut processing capacity in Dawson, Georgia, and is now shipping increased volumes of products to ...
Tags: Golden Peanut and Tree Nuts, expansion, Archer Daniels Midland Company
While Chinese ferrosilicon offers remained high from rising Chinese semi-coke prices, offers heard have moved lower in Japan on thin trade, sources said. The Chinese 75% Si ferrosilicon price assessment was unchanged week on week at ...
Tags: ferrosilicon, semi-coke
Food and engineering group Carr’s has sold its flour milling business to Whitworths Holdings for £36m. Carr’s said that the disposal of its food division will enable it to increase focus on its growing agriculture and ...
Packaging Corporation of America (PCA) has acquired all the assets of independent corrugated products provider TimBar for $386m. TimBar provides solutions to customers in the higher margin retail, industrial packaging, and display and ...
General Mills has been sued by three non-profit organizations, alleging false labeling on its Nature Valley granola products. The company’s snack bars are claimed to be made from “100% natural whole grain oats.” But ...
Tags: General Mills, false labeling, Nature Valley granola products
Intertek has supported UK packaging firm Frugalpac in the development of a recyclable coffee cup. Intertek has been helping Frugalpac in establishing the viability of the recyclable cup by taking up recycling trials, testing its ...
Tags: Intertek, Frugalpac, recyclable coffee cup
UK-based packaging firm Frugalpac has developed a new recyclable coffee cup to meet the needs of world’s major coffee brands. Entrepreneur Martin Myerscough and his UK team at Frugalpac have partnered with Intertek to establish the ...
Operating profit excluding special items was strong at $97m despite the third quarter being seasonally the weakest due to the summer holiday period in the northern hemisphere and the scheduling of annual maintenance work during the period. ...
Mondi announced half-yearly results for the six months ended 30 June 2016. Highlights Continued strong financial performance on all key metrics Underlying operating profit of €529 million, up 8% Underlying earnings of ...
Tags: metricsUnderlying, Uncoated Fine Paper, Fibre Packaging
Ube Machinery has signed an agreement to acquire 85% equity stake in Mitsubishi Heavy Industries Plastic Technology. The acquisition will allow Ube Machinery to secure Mitsubishi’s worldwide business in injection molding machines. ...
Tags: Ube Machinery, Mitsubishi