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Mondelez to Expand BelVita Production in Malaysia

Nov 22, 2016

Confectionary giant Mondelez's Malaysian subsidiary has announced to invest MYR21m ($4.7m) to expand production of the belVita line of breakfast biscuits at it manufacturing plant in Johor state. The expansion is to boost its supply of ...

Tags: Mondelez, BelVita

Pioneer Foods to Acquire Stake in Cereal Maker Weetabix East Africa

Nov 22, 2016

South African food company Pioneer Foods has announced that it would buy a 49.89% stake in major FMCG manufacturer Weetabix East Africa for an undisclosed amount. The acquisition is expected to establish a strategic beachhead for Pioneer ...

Tags: Pioneer Foods, Cereal

India's Prabhat Dairy Invests $20m in New Production Facility

Nov 22, 2016

Indian firm Prabhat Dairy has invested about INR140 crore ($21m) to establish new production lines for cheese at its Shrirampur facility in Ahmed Nagar. The company's cheese product portfolio includes mozzarella, cheddar, processed cheese ...

Tags: Prabhat Dairy, cheese

Antarctica Advisors Closes $177.6m in New Credit Facilities for Ocean Choice International

Nov 22, 2016

Antarctica Advisors, the Seafood Industry-focused advisory firm, acted as the investment banking advisor to Ocean Choice International ("OCI") in the CAD 240m ($177.6m) refinancing of its credit facilities with a syndicate of Canadian and ...

Tags: Antarctica, OCI

Cherkizovo Breaks Ground on New $90m Meat Processing Plant in Russia

Nov 22, 2016

Russian meat producer Cherkizovo Group has started construction of a new $90m meat processing plant in the Moscow region. Expected to be the largest in the meat processing category in Europe once completed, the plant is located in Kashira ...

Tags: Cherkizovo, meat processing

Heinz HomeStyle Bistro Au Jus Gravy Recalled Due to Undeclared Milk and Soy

Nov 22, 2016

Heinz HomeStyle Bistro Au Jus Gravy cases have been recalled due to undeclared milk and soy. Approximately 500 cases of Heinz HomeStyle Bistro Au Jus Gravy are voluntarily being recalled because some of the jars may be mislabeled as Heinz ...

Tags: Heinz, Milk

OnePlus 2 Was a Failure, Admits Co-Founder "We Were Arrogant"

Nov 22, 2016

OnePlus co-founder Carl Pei described the OnePlus 2 as "a failure" during last week's OnePlus 3T announcement – and now we know why. In an exclusive interview with TrustedReviews at the London launch of the OnePlus 3T, Pei revealed ...

Tags: OnePlus 2, smartphone

Samsung Planning Familiar New Version of Galaxy S7

Nov 22, 2016

Samsung may be about to release a new version of the Galaxy S7 in a very familiar colour. A new report suggests Samsung is planning to sell a glossy black version of the Samsung Galaxy S7. If that sounds familiar, it’s probably ...

Tags: Samsung, Galaxy S7

Apple Reportedly Shuts Down Wireless Router Development

Nov 22, 2016

A new report claims that Apple has disbanded its router division and reassigned its engineers in an effort to focus on more popular consumer items. The Bloomberg report cites anonymous 'people familiar with the matter' who claim the ...

Tags: Apple, Wireless Router

Cranswick Acquires Northern Irish Pork Processing Business Dunbia Ballymena

Nov 21, 2016

UK food producer Cranswick has acquired Northern Irish pork processing business Dunbia Ballymena for an undisclosed amount. Cranswick purchased the entire issued capital of Dunbia Ballymena’s pork business for cash. Dunbia ...

Tags: Cranswick, food producer

Korin Agropecu Ria to Export Certified Humane Chicken to Hong Kong

Nov 21, 2016

Humane Farm Animal Care (HFAC) has announced that Korin Agropecuária will export Earth and Barrow frozen chicken pieces with the Certified Humane label to Hong Kong. The products will be exported to more than 80 PARKnSHOP ...

Tags: Humane Chicken, HFAC

Quality Custom Distribution Acquires Mile Hi Specialty Foods Assets

Nov 21, 2016

Quality Custom Distribution (QCD) has announced the purchase of the assets of Mile Hi Specialty Foods to form QCD Rocky Mountain. The new business includes distribution centers in Denver, Colorado, Kansas City, Missouri, and satellite ...

Tags: Quality Custom, Specialty Foods

Lexus UX Concept Introduces Radical Immersive 3-D Driving Experience

Nov 18, 2016

Innovative, 3-D Human Machine Interface (HMI) technology offers a uniquely immersive driver experience Floating, hologram-style driver's instrument binnacle and centre console displays The latest advanced in-vehicle electrical technologies ...

Tags: Lexus UX Concept, 3-D Driving

Lexus UX Concept to Be Revealed at The 2016 Paris Motor Show

Nov 18, 2016

Lexus announced today that its latest concept vehicle, the Lexus UX Concept, will make its world debut on September 29 at the 2016 Paris Motor Show. Lexus UX Concept Created at Lexus' European Design Centre, ED2, the Lexus UX Concept ...

Tags: Lexus UX Concept, 2016 Paris Motor Show

Texas Trip for Toyota GAZOO Racing

Nov 18, 2016

Toyota GAZOO Racing heads to Texas this weekend for the second North American trip in short succession, the 6 Hours of Circuit of the Americas. 2016 WEC Round 6 Preview Following the event in Mexico City two weeks ago, the FIA World ...

Tags: Toyota GAZOO Racing, WEC Round