Dutch food ingredients firm CSM expects to make a major progress on the sale of its bakery unit by early 2013. The company is currently undertaking preparatory work to divest the unit. CSM's bakery unit, which supplies ready-made muffins ...
Tags: ready-made muffins and croissants, bread and pastry mixes
Mr Beni Prasad Verma the minister of steel in a written reply in the Lok Sabha informed that although, progress of each and every steel project is not monitored by the Ministry of Steel, some of the major steel projects where no noticeable ...
Tags: steel, steel project, Steel company
Pressure-sensitive, adhesive-coated films manufacturer FLEXcon has announced the extension of its two product lines with the addition of down-gauged 1.6 mil Polypropylene (PP) films in clear, white and silver to its DigiPRO PRIME PRI series ...
Tags: Sustainable Films, adhesive-coated films, Polypropylene films
Reuters reported that Italian prosecutors arrested seven people on Monday on suspicion of bribing officials to cover up a health and environmental scandal at Europe's largest steel plant. Noxious emissions and choking fumes from the ILVA ...
Tags: Ilva, steel plant, scandal
Haida Enterprise (HaiCo) has acquired seafood firm Seapak QCI Processing of Massett through Haida Seapak Limited Partnership (HSLP). Seapak QCI owns processes salmon and groundfish. It also sells fresh and frozen salmon, smoked salmon, ...
Tags: seafood firm, processes salmon and groundfish, fresh and frozen salmon
Marsh & McLennan, an insurance brokerage and risk management firm, has purchased Eidson Insurance, a $3.4m revenue property/casualty and employee benefits agency, expanding its presence into Central Florida. Pursuant to the terms of the ...
Tags: insurance brokerage, risk management, Eidson Insurance, employee benefits
General Electric (GE) has agreed to buy Ford Motor's 2,000 C-MAX plug-in hybrid vehicles as the company plans to convert half of its global fleet to alternative fuel vehicles. As part of the agreement, Ford will also jointly market GE's ...
Tags: general electric, hybrid vehicles, alternative fuel vehicles, ford motor
Desert Mountain will target massive nickel-copper sulphide deposits in a new diamond drilling program commencing this week at the Innouendy target, which is located in the Yilgarn Craton of Western Australia. More specifically Desert ...
Toronto Dominion Bank has disposed its US insurance subsidiary to USI Insurance Services, a middle-market brokerage firm owned by Goldman Sachs Capital Partners, for an undisclosed amount. The bank cum underwriter said that it sold the US ...
Tags: Toronto Dominion Bank, USI Insurance Services, dispose, insurance
Everest Re Group, a Bermuda-based property and casualty reinsurance and insurance firm, has announced that its chief executive officer, Joseph Taranto has agreed to continue his role through 2013. According to the company, Taranto will be ...
Tags: Everest Re Group, chief executive officer, Joseph Taranto, insurance
SHARECAST reported that Xstrata Nickel, one of Xstrata Group's global commodity businesses and the industrial partner in the Koniambo Nickel Project, has completed the construction of the first production line of the smelter, with first ...
Tags: Nickel Project, production line, metal
Fairfax Financial Holdings has entered into an agreement with UK’s Thomas Cook (TC) Group to acquire 77% interest in Thomas Cook (India) for Rs50 per share totalling to nearly Rs8.17bn ($150m). Subject to customary conditions, the ...
Tags: Fairfax Financial Holdings, Thomas Cook, interest, India
US-based foodservice packaging firm D&W Fine Pack has launched a new line of tableware called REVIVE, made from 100% biodegradable sugarcane fibre. The REVIVE line, featuring a full suite of bowls, plates, platters and hinged containers, ...
Tags: tableware, biodegradable sugarcane fibre, brand awareness
Ilva will immediately close Taranto Mill and all other plants that Taranto is regularly supplying. The company has announced this decision to the Trade Unions after additional 7 warrants have been issued by the local Attorney yesterday. ...
Tags: Ilva, Taranto Mill, steel price
The direct-to-consumer personal car insurance company Esurance has introduced car insurance in Iowa, US. The car insurance will enable Iowa drivers in determining the coverage limits and deductibles to meet their needs with affordable ...
Tags: car insurance, insurance, Esurance, insurance company