Keurig Green Mountain is planning to buy back more than 50% of Italian coffee maker Luigi Lavazza for around $624m. This comes as Lavazza is currently raising funds for the acquisition of D.E. Master Blenders' L'Or and Mondelez ...
Tags: Keurig Green, coffee
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
Sierra has confirmed Velocity 2X is coming to Xbox One and PC this summer. The publisher is teaming up with indie developer FuturLab to launch the game on PC and Xbox One. Currently available on PS4, PS Vita, PS3 and even the old ...
Tags: Velocity 2X, Sierra, Xbox One, PC
The yet to be finalised free trade agreement (FTA) with Turkey will increase textile exports from Pakistan, commerce minister Khurram Dastgir Khan has said. In a statement, the minister said the government would hold extensive ...
Tags: Textile Exports, Textile
After holding review meetings with various stakeholders, India’s ministry of textiles has initiated several steps to strengthen the jute sector. The key decisions taken by Minister of State for Textiles (I/C) Santosh Kumar ...
Tags: Jute Sector, textiles
Minister of State for Textiles Santosh Kumar Gangwar inaugurated a Weavers’ Service Centre at Toluvi in Northeastern state of Nagaland, and also laid the foundation stone for Apparel & Garment Making Centre at Dimapur, also in ...
Tags: Textiles Minister, Apparel, Garment
UK-based whiskey and vodka producer Inver House Distillers is planning to ramp up its production capacity in order to cater to increasing demand in international markets. The company has secured £10m in loan from Bank of ...
Tags: Inver House, whiskey, vodka
Egyptian private equity firm Qalaa Holdings is contemplating the sale of its fresh packaged milk producing firm Dina Farms. The potential sale is in line with Qalaa's plans to generate around $300m from exits in the medium term. The ...
Tags: Packaged Milk, Qalaa
Food packaging and processing company Tetra Pak has received Forest Stewardship Council (FSC) Chain of Custody (CoC) certification for all of its converting plants and market companies, making it eligible to supply FSC labelled packages ...
Tags: Tetra Pak, Custody Certification, Packaging
Rexam, a global beverage can manufacturer, has secured land in Sri City, located near the southern Indian city of Chennai to develop a new beverage can plant. Scheduled to be launched by the second half of 2016, the plant in Sri City is ...
Tags: Beverage Can, Packaging
Sacmi Packaging showcased its new products for trays and cases erection at Fruit Logistica, the international exhibition of fruit and vegetable processing technology, which was held in Berlin, Germany, from 4-6 February. At the event, the ...
Tags: Sacmi, Fruit Logistica, Packaging
Agua Enerviva has launched its naturally-energising beverages in lightweight, hot fill containers that have been designed by ScorCreative at Amcor. Containing only 10 calories and 3 grams of sugar per 8oz serving, Agua Enerviva claims ...
Wines and spirits producer Pernod Ricard has launched Yellow Spot in the US which was previously available exclusively in select European countries. Produced by Mitchell & Son Wine and Spirit Merchants in Dublin, Yellow Spot is made from ...
Tags: Irish Whiskey, spirits
Victorian company Patties Foods has expanded its recall of more frozen berry products due to a possible hepatitis A contamination, with at least five people having contracted the infection already. Following the food scare, farmers in ...
Tags: Patties Foods, Packaging
Favourable government policies, low wages, shorter sea route and growing garment exports make Myanmar an attractive option for Indian textile entrepreneurs, says Rajesh Kumar Shah The garment sector in Myanmar has grown enormously since ...
Tags: garment exports, Textile