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Vinamilk Eliminates 49% Foreign Ownership Limit

May 19, 2016

Vietnamese dairy firm Vinamilk has decided to eliminate its 49% foreign ownership limit to facilitate overseas investment into the company which is valued at $7.85bn. The company has not set a timeframe on when the current limit would be ...

Tags: Vinamilk, Vinamilk investor

Cowgirl Creamery Sold to Swiss Dairy Company Emmi

May 19, 2016

California-based cheese manufacturing company Cowgirl Creamery has been sold to Swiss dairy company Emmi for an undisclosed sum. Cowgirl Creamery co-founder Sue Conley was quoted by pressdemocrat.com as saying: "We have merged our company ...

Tags: cheese, goat milk

Sunwin Stevia International Completes Several Purchase Orders of Stevia Extracts

May 19, 2016

Sunwin Stevia International has recently delivered several purchase orders for a total of five tons of stevia extracts in a value of excess $300,000. The clients are based in Asia and both North and South Americas. The delivered stevia ...

Tags: stevia extracts, Extracts

United Natural Foods Completes Acquisition of Haddon House Food Products

May 19, 2016

United Natural Foods has completed its previously announced acquisition of all of the outstanding equity interests of Haddon House Food Products and certain affiliated entities as well as certain real estate on financial terms previously ...

Tags: United Natural Foods, Food Products

ADM Acquires Remaining 60% Stake in Amazon Flavors

May 19, 2016

Archer Daniels Midland Company (ADM) has acquired the remaining 60% stake in Brazilian natural extracts manufacturer Amazon Flavors. The financial details of the transaction have not been disclosed. ADM's WILD Flavors and Specialty ...

Tags: Amazon Flavors, natural extracts

Performance Food Group Company Launches Secondary Public Offering of Common Stock

May 19, 2016

Performance Food Group Company has launched a secondary public offering of its common stock. Certain stockholders of PFG are offering for sale to the public 12 million shares of PFG’s common stock owned by them. The Selling ...

Tags: Common Stock, PFG shares

Mobileye and Chinese Transportion Ministry Promote Collision Avoidance Technology Adoption in Commercial Vehicles

May 19, 2016

Mobileye announced, during a joint symposium with the Chinese Research Institute of Highway Ministry of Transport, key findings from a 2015 test of their advanced collision avoidance technology conducted by the Chinese Research Institute of ...

Tags: Commercial Vehicles, Motorcycle Parts

Nissan Denies South Korean Allegations of Emissions Cheating on Qashqai Models

May 19, 2016

Nissan has denied the allegations made by South Korean Ministry of Environment (MOE) that its UK-built Qashqai SUV diesel models were fitted with emissions defeat devices. The South Korean Ministry of Environment found that Nissan Qashqai ...

Tags: diesel models, SUV

Toyota Mobility Foundation Joins New Cities Foundation as Global Strategic Member

May 19, 2016

Toyota Mobility Foundation has joined the New Cities Foundation as its latest Global Strategic Member. The partnership between the two organizations aims to activate the next generation of urban mobility solutions. Innovation is ...

Tags: Toyota Mobility, Latondra Newton

Volkswagen Exploits Possibilities of Digitalization

May 19, 2016

The Volkswagen Group is exploiting possibilities of digitalization as the company believes that IT will play an important role in its future operations. At the Group IT symposium held in Wolfsburg, Germany, members of the Volkswagen Group ...

Tags: Volkswagen Group, robots

Renault to Manufacture Kwid Hatchback at Brazilian Plant

May 19, 2016

Renault will manufacture the new model of Kwid hatchback at its Ayrton Senna industrial complex in Curitiba, Brazil. Renault Technology Americas (RTA) and Renault Design Latin America (RDLA) have adopted the Brazilian Kwid. Some reports ...

Tags: Renault, Kwid hatchback

Michelin North America Files Patent Infringement Case Against Atturo Tires and Svizz-One

May 19, 2016

Michelin North America has filed suit against Atturo Tire and Svizz-One alleging infringement of its patented pattern for its Latitude tire. Michelin filed the lawsuit in U.S. District Court for the District of South Carolina in ...

Tags: Michelin, tires

Ford to Use Captured CO2 to Develop Foam and Plastic for Vehicles

May 19, 2016

Ford Motor is formulating and testing new foam and plastic components using carbon dioxide as feedstock. Researchers expect to see the new biomaterials in Ford production vehicles within five years. Formulated with up to 50 percent ...

Tags: Ford Motor, foam components, plastic components

UK's TRL to Supervise Carconnect Plug-in Vehicle Charging Project

May 19, 2016

The UK’s Transport Research Laboratory (TRL) has been selected to supervise the CarConnect plug-in vehicle (PIV) charging project. The project intends to help the electricity industry understand how (PIVs charge at home in harmony ...

Tags: Plug-in Vehicle, CarConnect

True Zero Opens First Hydrogen Fueling Station in California

May 19, 2016

True Zero has opened a hydrogen-fuel station in California, US. Snipping the ribbon in front of the True Zero dispenser at Conserv Fuel, 150 S. LaCumbre Road, included: Aeron Arlin-Genet, District Director & Air Pollution Control Officer, ...

Tags: Hydrogen Fueling, True Zero, electric vehicle