ConAgra Foods has announced that it would invest $200m to expand operations at its Lamb Weston’s facility in Richland, Washington, US. The expansion will see an addition of a new french fry processing line at the plant. While the ...
Tags: ConAgra, fry processing line
Australian food manufacturing firm Patties Foods has accepted a $232m acquisition bid made by a private equity firm. Earlier this week, the company said it was approached by Pacific Equity Partners (PEP) with a takeover offer of $1.65 per ...
According to reports this week, Apple is working on a replacement for its ancient Thunderbolt-equipped standalone desktop display that would pack in integrated GPU. However, word on Thursday suggests that high-res display will not appear ...
Tags: desktop display, Apple
The Hershey Company's latest innovations will debut this week at the National Confectioners Association's annual Sweets & Snacks Expo in Chicago held May 24-26, 2016. To meet the changing needs of their consumers, the company is ...
Tags: Sweets, Snacks, great-tasting products
Hiland Dairy Foods Company has launched new summer flavored milks which are set to hit grocers' shelves this week. The featured flavors include Sea Salt Caramel, Chocolate Truffle and Honey Cookie. "Consumers want greater options when ...
The European Commission is likely to approve the proposed merger of AB InBev and SABMiller, following the companies' efforts to address the regulator's competition concerns. AB InBev had planned sale of several brands such as Peroni, ...
Tags: European Commission, beer, brewer
Revenue from virtual-reality-related products and services is expected to more than triple in China this year compared with last year, but experts insist the burgeoning sector is still in need of significant improvement in terms of user ...
Tags: VR products, VR market
Manufacturers have finished negotiating for May orders, leading to smaller fluctuation in prices. Due to the interruption of trade wars, the polysilicon market still witness slight supply shortage, resulting in stronger prices. But prices ...
Tags: Sloar Cell, PV Module
There are some serious lessons to be learnt for businesses in the food industry when examining a unique case of food fraud out of the UK this week. Facts of the fraudulent scenario The guilty culprit, Yakub Moosa Yusuf, was sentenced to ...
Tags: UK Food Fraud
Two new studies, separately released this week from Roy Morgan Research and Euromonitor International respectively, show how bottled water consumption is increasing in both Australia and the US. Over 5 million Australians drank bottled ...
Tags: Bottled Water, Bottled Water Consumption, Roy Morgan Research
Tesla could be set to provide a couple of major new options for its Model S electric car. Elon Musk's ambitious electric car company may have just unveiled a new vehicle in the shape of the affordable Tesla Model 3, but it's not ...
Tags: Model S, electric car, Bioweapon
In the China market, polysilicon has been slightly shortage in supply because newly added mono-si wafer and multi-si wafer capacities cause difficulties to procure spot products. Therefore, mainland China's polysilicon price had reached RMB ...
Tags: Polysilicon, PV Cells
The Australian Competition and Consumer Commission (ACCC) will be commencing a market study into the Australian cattle and beef industry. The study will examine competition, efficiency, transparency and trading issues in the beef and ...
Tags: ACCC, Market study, Australian cattle, Beef industry
US commercial packaging company Graphic Packaging International has signed an agreement to acquire converting assets from Metro Packaging & Imaging. The acquisition is a part of the company's effort to develop the best supply chain in ...
Tags: Graphic Packaging, Acquisition, Metro Packaging&Imaging
China is introducing a new tax which will impact Australian food companies that rely on selling their products online. Details of the tax are not yet clear however it is expected that online purchases from outside of China will be ...
Tags: Tax, Australian Products, Online Sales, Online Sales Tax