Taipei, Dec. 14, 2012 (CENS)--Formosa Plastics U.S.A. will invest US$1.7 billion (NT$49.38 billion) to expand its capacities and switch to shale gas as the raw material for its naphtha crackers, which will enable it to cut production cost ...
Tags: raw material, naphtha crackers, Formosa Plastics, oil shale resources
For three weeks per year, Katie Sweeney gets to put aside her duties as Glencoe's dog catcher and play Santa Claus. Sweeney is in her 21st year as the organizer behind a holiday toy and food drive that collects and distributes food and ...
Tags: Holiday toy, food drive, food, toys, toy
US-based food company Kellogg has introduced new versions of its breakfast cereals as well as a new cereal in the US, in order to take advantage of the momentum generated by other recent new breakfast products. The new products include ...
Tags: Kellogg, breakfast cereals, breakfast products, food industry
US own-label group Ralcorp Holdings, which today (27 November) agreed to a takeover bid from ConAgra Foods, returned to profit in its fiscal 2012 year, boosted by acquisitions made during the year. In the 12 months to the end of ...
Tags: Foods, Foods industry, profit, operating profit
Ralcorp Holdings has acquired Italian private-label frozen ready meals maker Gelit for an undisclosed sum. Gelit, based in Cisterna di Latina, employs around 130 staff and produces frozen ready meals for sale in the US and Italy. The ...
Tags: Ralcorp Holdings, frozen ready meals, food industry, company news
Hain Celestial has posted "record" full-year financial results on a significant day in the US company's recent history. The company booked a 44% leap in annual net income for the year to the end of June. Operating profit increased 36.3%. ...
Tags: Hain Celestial, financial result, food company, food industry
Gluten-free food manufacturer Dr Schar has opened its first manufacturing facility in the US. The European firm has seen strong growth in demand for gluten-free products in Europe and the company said the opening of the New Jersey-based ...
Tags: food manufacturer, manufacturing facility, gluten-free products
Canadian food manufacturer Dare Foods has said it is focusing on the emerging BRIC economies for M&A opportunities and partnership or licensing deals as part of its international growth strategy. Dare Foods, based in North America, told ...
Tags: Canadian food, Dare Foods, domestic growth
US-based supermarket chain US-based supermarket chain Stop & Shop has announced that it removed organic mini peanut butter sandwich crackers following a recall by Late July Organic Snacks. The recall was made due to Salmonella ...
Tags: Stop and Shop, sandwich, recall, food safety
US food group Campbell Soup Co. has recorded a drop in first-quarter earnings as costs related to its acquisition of Bolthouse Farms hit profits. In the three months to 28 October, net earnings amounted to US$265m, an 8% drop on last ...
Tags: Campbell Soup Co., Q1, Earnings
The Great Atlantic and Pacific Tea Co has announced the expansion of its premium private label Two Forks Bakery and Hartford Reserve Deli lines. In bakery, the US supermarket group added a line of cupcakes and rebranded its key lime and ...
Tags: A&P, private label, bakery and deli lines
Australian food manufacturer Gourmet Food, which was placed into receivership, has attracted more than 100 bidders over the sale of a part or the complete business. Ferrier Hodgson partner Jim Sarantinos said that considering the level of ...
Tags: Gourmet Food, complete business, food industry, food company
Chemicals major Ineos said Tuesday it will construct a new ethane tank at its Rafnes site in Norway. The project will allow the site to accommodate the ethane supply coming from the US starting in 2015. The ethane will be used to run ...
Tags: Ethane Tank, Ineos, Chemicals, Gas Engineering
Markel Ventures has acquired a majority interest in US-based Reading Bakery Systems and affiliated entities for an undisclosed amount. Reading Bakery Systems, based in Reading, Pennsylvania, designs and manufactures industrial baking ...
Two Moms in the Raw,a firm based Lafayette,Colorado,is voluntarily recalling a limited number of 4 oz packages of Pesto Sea Crackers as they may contain undeclared peanuts,according to the US Food and Drug Administration(FDA). FDA noted ...
Tags: FDA, Pesto Sea Crackers, peanuts, allergies