The retrofit project replaces a bag forming until that was originally supplied more than 20 years ago. Kerry Agribusiness provides a range of products and services that are aimed at optimising profitability at a farm level. From their ...
Norske Skog has announced its consent to divest 51% of the shares in Norske Skog Pisa in Brazil to Papeles Bio Bio, which is controlled by a consortium of Chilean investors Group BO/Pathfinder, for $41.3m. According to the Norwegian ...
Tags: Norske Skog, Mill Operations
US agribusiness firm Cargill has opened a $40m chicken processing facility at its complex in Efremov, Russia, marking the company's first primary chicken processing operations in Russia. The facility will primarily supply McDonald's ...
Tags: Chicken, Food, chicken products
The rise of the "hybrid consumer" is an emerging trend with significant implications for food companies, food retailers and foodservice companies. According to a new report from Rabobank, consumers are becoming less interested in ...
Tags: Packaging, hybrid consumer, food
Australian stocks have closed flat, with a strong day from the major miners offset by weakness among the banks. The local market took its cues from a positive finish on Wall Street, opening up about 0.3 per cent, but slid into the close ...
Tags: Bank, Sharemarket
The most sensible shopper? The premium-value food retailing trend will be driven partly by 'more objective' women enjoying greater purshasing power Consumers are becoming less interested in mid-market products, preferring to trade down ...
Tags: Agriculture, Food
Prices of poultry products in China could rise sharply as early as next month as the waning H7N9 virus helps consumers regain confidence in poultry meat and eggs, experts said. Since late March, authorities have closed many poultry ...
US agribusiness firm Cargill has broken ground on a $100m cocoa processing facility in Gresik, in the East-Java region of Indonesia, a move which is expected to create approximately 200 new jobs. According to Cargill, the new facility is ...
Tags: Cargill, Cocoa Processing Facility
US-based agri-processing company Archer Daniels Midland (ADM) is close to complete the acquisition of Australia's largest grain exporter after GrainCorp accepted its A$2.8bn ($2.95bn) takeover bid. Under the terms of the deal, ADM agreed ...
Tags: Archer Daniels Midland, Food
Last fall I flew halfway across the country to go grocery shopping with Everly Macario. We set out from her second-story apartment in Hyde Park near the University of Chicago and walked to the supermarket to buy a couple of?rib?steaks?that ...
Tags: Agriculture, Food
The stockmarket has opened slightly higher, boosted by stronger mining stocks on the back of improved prices for commodities. At 10.31am AEST the benchmark S&P/ASX200 index was up 17.6 points, or 0.34 per cent, at 5120.0 points. The ...
US agribusiness firm Cargill has announced that it is investing $5.5m in new equipment technology at its Hazleton, Pennsylvania facility, as part of its efforts to cater to the increasing demand for meat products in the region. The ...
Tags: Cargill, Upgrade Production Lines, Meat Packaging Facility
Property and casualty insurer ACE has established a $95m special purpose vehicle, Altair Re, to offer additional collateralized capacity for its global reinsurance business. The capital will be used to largely support ACE Tempest Re's ...
Tags: ACE, Special Purpose Vehicle
ACE Group, a multiline property and casualty insurer, has unveiled a new agriculture property and casualty insurance business, known as ACE Agribusiness, in a bid to further reinforce its presence in the sector. The newly established ...
US agribusiness firm Cargill has reported that its net earnings declined by 42% for the third quarter of 2013 to $445m, compared with $766m in the same period of 2012 due to severe US drought that affected the company's meat processing ...
Tags: Cargill, Net Earnings