Total global LED chip production capacity has entered a new peak expansionary phase in 2017, according to the latest LED market supply and demand analysis by LEDinside (a division of TrendForce). This recent surge of capacity expansion has ...
Tags: LED market, LED Chip
A Brazilian federal court has blocked meat processing giant JBS’s proposal to divest its beef operations in three South American markets. JBS’ $300m sale of the select South American beef processing operations to rival ...
Tags: meatpacker, Minerva
Muller Milk & Ingredients has confirmed that it will go ahead with plans to invest £60m to upgrade its network of fresh milk and ingredients dairies in Britain. The dairy network upgrade is expected to create nearly 160 jobs. As ...
Own sourced copper production was down 3% to 1,502,200 tonnes in 2015, reflecting the suspension of processing operations at Katanga and a significant curtailment at Mopani. These volume reductions were partly offset by increases at ...
Tags: copper production, copper
Canada-based organic food company SunOpta has raised $85m from funds managed by Oaktree Capital Management to reduce its debt. The company said that it will utilise the funds to repay its debt and to increase financial flexibility. The ...
Tags: SunOpta, Oaktree Capital Management, fund
Marmomacc is the leading global event for the natural stone industry and represents the entire supply chain, from raw material to semifinished and finished products, from processing machinery and technologies to applications of stone in ...
Tags: Footprints
Muller Milk & Ingredients is planning to invest £15m in the next three years in Scottish fresh milk dairy at Bellshill as part of its strategic review of Scottish dairies. The investment is intended to improve operational ...
Tags: Muller&Ingredients, Investment, Fresh Milk Dairy, Bellshill
The European Commission has cleared commodities trading group Trafigura's minority holding in Belgium-based zinc and lead producer Nyrstar. In November, Trafigura told the EC its minority 20.02% stake in Nyrstar -- held through its ...
Tags: Nyrstar, Zinc, lead metal
Canadian organic food company SunOpta has completed the acquisition of Sunrise Holdings from investor group led by Paine & Partners for $444m, as part of its strategy to expand its portfolio of frozen fruit and fruit ingredient processing ...
Tags: SunOpta, frozen fruit, beverages, snacks
Marmomacc is the leading global event for the natural stone industry and represents the entire supply chain, from raw material to semifinished and finished products, from processing machinery and technologies to applications of ...
Tags: Footprints
Canadian dairy firm Agropur Cooperative is to cease fluid milk processing operations at its facility in Saint-Bruno-de-Montarville, Quebec. This forms a part of the company's strategy to review and optimize its processing activities, in a ...
Tags: milk processing, food manufacture, dairy products, animal husbandry, milk
Mississippi based Cal-Maine Foods, Inc. and Rose Acre Farms, Inc. based in Seymour, Indiana have entered into a joint venture called Red River Valley Egg Farm, LLC, to build and operate a shell egg production complex in Texas. To be ...
Tags: Cal-Maine Foods, Egg Production
Treasury Wine Estates has put up several of its wineries for sale and is planning to close packaging and warehousing facility near Mildura, Australia as part of a major cost-cutting initiative. Treasury Wine Estate's T'Gallant winery ...
Tags: Treasury Wine, warehousing facility, Food
Turkey products manufacturer Butterball has acquired a processing facility in Raeford, North Carolina, in a move to cater to increasing demand for Butterball turkey products. The facility, which is spread over an area of around ...
Tags: Butterball, turkey products
Chinese chocolate market would see a $4.3bn growth by 2019, a 60% increase from $2.7bn in 2014, says chocolate manufacturer Hershey. Hershey president Bert Alfonso told Reuters that the growth will be driven by demand from the growing ...
Tags: Chocolate Market, Chocolate