Al Safi Danone Iraq will receive around $18m in investment from World Bank Group member IFC to expand its dairy operations to enhance domestic food security. This is a part of World Bank Group's strategy to encourage South-South ...
Tags: Al Safi Danone Iraq, food security
Allied Bakeries has invested £31m in its Stevenage bakery, marking the completion of a £210m five-year programme across the Allied Bakeries portfolio. The bakery benefitted from the installation of a new bread line that is ...
Tags: Allied Bakeries, Stevenage bakery
Andros Foods North America is planning to invest $73m to ramp up fruit processing capacity in Shenandoah County, Virginia, over the next three years, while creating 160 new jobs. The investment will be used to add production and ...
Swiss personal care company Arbonne International, LLC or Arbonne has introduced its first sports nutrition line called PhytoSport which is aimed at athletes and activity enthusiasts. PhytoSport collection combines science with natural, ...
American biotechnology company Intrexon has completed the acquisition of Okanagan Specialty Fruits (OSF), the agricultural company behind the world's first non-browning apple, Arctic apple. British Columbia based OSF developed the ...
The food safety management system ISO 22000 is undergoing a revision process in a bid to make necessary improvements to the standards. First published in 2005, the current revision of the ISO 22000 is expected to help players in the ...
Tags: food safety, ISO 22000
Kraft Macaroni & Cheese has announced that it will completely remove artificial preservatives and synthetic colours from Original Kraft Macaroni & Cheese in the US by January 2016. The synthetic colours will be replaced with colours ...
Nomad Holdings Ltd. has agreed to acquire Iglo Foods Holdings Ltd., said to be Europe’s largest branded frozen food company, from Permira Advisers LLP in a deal worth €2.6bn. Subject to customary closing conditions, Nomad ...
Tags: Iglo Foods, Nomad
Volvo Cars has revealed a new in-car luxury concept, Lounge Console, at the ongoing Shanghai Auto Show. The Lounge Console concept replaces the front passenger seat with a space to accommodate various amenities. Volvo Car design ...
Ford and DowAksa have partnered to explore developing automotive-grade carbon fiber composite parts, which could make vehicles lighter. The agreement will bring together DowAksa's feedstock capacity, carbon fiber conversion and downstream ...
Tags: Carbon Fiber, Ford
General Motors (GM) and SAIC Motor’s joint venture, Shanghai GM is planning to invest CNY100bn ($16bn) over the next five years, to develop new vehicles. The automaker intends to develop ten new or upgraded models each year until ...
Tags: General Motors, SAIC Motor, new vehicles
NASA has introduced a self driving robotic car prototype, Modular Robotic Vehicle (MRV), which is capable of moving sideways and can take tight corners without compromising on the vehicle speed. The car looks similar to a golf cart with ...
PSA Peugeot Citron and China-based Dongfeng have agreed to develop a technology platform for small cars. The companies will invest around €200m to create a global platform to manufacture B and C segment vehicles under the Peugeot, ...
Tags: PSA Peugeot Citron, Dongfeng, Small Cars
Siemens has launched a Wi-Fi enabled electric vehicle (EV) charging station, VersiCharge Smartgrid (SG). The cloud-based charging station will allow residential owners to monitor and control usage remotely, turn charging on or off, ...
Tags: Siemens, Wi-Fi, Electric Vehicle
Mazda North American Operations (MNAO) has commenced production of 2016 Mazda MX-5 Miata in the US. The two-seat roadster will be available in three trim levels, including Sport, Club and Grand Touring. MNAO MX-5 vehicle line manager ...
Tags: Mazda, 2016 Mazda MX-5