Company News
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Company News
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Lifeway Foods Announces Consolidated Net Sales Increased $6.3 Million to $30.1 Million
Nov 18, 2014Lifeway Foods, a supplier of cultured dairy products known as kefir and organic kefir, today announced results for the third quarter ended September 30, 2014. "Our strong double digit net sales growth in the third quarter demonstrates the ...
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Mondelez Acquires Kinh Do in Order to Strengthen Its Presence in Emerging Markets
Nov 18, 2014Mondelez International has agreed to acquire 80% stake in Vietnam-based Kinh Do's snack business for $370m, in order to strengthen its presence in emerging markets. The transaction includes the acquisition of Kinh Do's two production ...
Tags: snack business, Agriculture
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Winter Spice Ale Is Fitting to The Season and It Is Now Available for a Limited Time
Nov 18, 2014Big Rock Brewery has introduced newest Brewmaster's Limited Edition, Winter Spice Ale, which is now available for a limited time. "We wanted to brew something that is fitting to the season and Winter Spice Ale is a proven winter favourite ...
Tags: Winter Spice Ale, Big Rock Brewery
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Unilever Has Sued Hampton Creek
Nov 18, 2014Unilever has sued Hampton Creek, a start-up food company that is developing animal-free alternatives to industrialised foods over the definition of mayonnaise. The lawsuit was filed in Newark, NJ, in a federal court on October 31, ...
Tags: mayonnaise, false advertising, Agriculture
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Pie Five Pizza Expands Its Product Range with The New Cheddar Bacon Pie-Tato
Nov 18, 2014Pie Five Pizza has expanded its product range with the introduction of new Cheddar Bacon Pie-Tato. The Cheddar Bacon Pie-tato is a combination of mozzarella and cheddar cheeses, smoky bacon and oven-roasted red skin potatoes on a freshly ...
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Apple Accepting China UnionPay as Payment for Apps From App Store
Nov 18, 2014China demoestic Apple users no longer worry about no VISA or MasterCard credit card to purchase copyrighted software from App store. China UnionPay and Apple have reached an agreement to allow consumers in China to use the country's most ...
Tags: Apple, China UnionPay
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Gina Rinehart to Invest $500m in an Infant Milk Powder Joint Venture for Export to China
Nov 18, 2014Australian mining heiress Gina Rinehart has announced plans to invest $500m in an infant milk powder joint venture Hope Dairies for export to China. The move comes in advance of an expected announcement of a free-trade agreement ...
Tags: Australian, infant milk, Queensland
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Osram Promote Corning Fibrance Light-Diffusing Fiber Into Products Using Osram Laser Diode
Nov 18, 2014Osram Opto Semiconductors GmbH of Regensburg, Germany and Corning Inc announce a co-marketing agreement to promote Corning Fibrance Light-Diffusing Fiber, a first-of-its-kind technology that embeds lighting into products using Osram laser ...
Tags: Osram, Blue laser, optical fiber
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BKT Introduces The Ridemax Fl 693 M for Tank Trucks at EIMA
Nov 18, 2014BKT introduced the Ridemax FL 693 M, a radial tire for those who frequently travel on the road with trailers or tank trucks. Balkrishna Industries Ltd. (BKT) and its Italian distributor Univergomma unveiled two tires and showcased ...
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Arby's to Serve Three Sandwiches That Feature USDA Choice, Top Round, Black Angus Steak
Nov 18, 2014Arby's will serve three sandwiches that feature USDA choice, top round, Black Angus steak. Marinated and seasoned with a black pepper rub on the outside, cooked to medium-rare, thickly sliced and made-to-order, these three delectable ...
Tags: Angus Philly, Swiss Cheese, Steak
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Arla Foods Develops a Whey Protein for Creating 'sports Yoghurts'
Nov 18, 2014Arla Foods Ingredients has developed a whey protein for creating 'Sports yoghurts' -yoghurt-based sports nutrition products that will appeal to active consumers who prefer not to use traditional gels and shakes. The Nutrilac solution ...
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Arla Foods Ingredients Opens Its New EUR120m Lactose Manufacturing Plant in Denmark
Nov 18, 2014Arla Foods Ingredients has opened its new €120m lactose manufacturing plant in Jutland, Denmark. Located next to Arla's whey processing facility Denmark Protein, the new factory is expected to produce 80,000t of lactose per year. ...
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Mondelez to Invest $24m to Ramp up Production Capacity of Confectionery Plant in Turkey
Nov 18, 2014Mondelez International is planning to invest $24m to ramp up production capacity of its confectionery plant in Gebze, Turkey. The investment will see the installation of a new processing and packaging line, which will increase the ...
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FSI and Qatar Holding Complete The Acquisition of Inalca
Nov 18, 2014Italian state-backed private equity fund Fondo Strategico Italiano (FSI) and Qatar Holding have acquired stake in Italian meat producer Inalca for $205m. The Qatari, Italian joint venture will acquire 28.4% stake in Inalca, which is ...
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China and Australia Sign a Free Trade Agreement
Nov 18, 2014China and Australia have signed a free trade agreement which intends to scrap tariffs on products such as dairy, beef, seafood, wine, fruit and vegetables. With this deal, the Australian farmers will get a tariff-free access to the ...
Tags: free trade agreement, Australia, China
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