Krones, a manufacturer of filling and packaging technology, continued its stable growth in the first three quarters of 2016. Despite economic uncertainties and intense competition, revenue improved 4.8% year-on-year from €2,270.7 ...
Dublin-headquartered cider manufacturer C&C Group reported a 14.4% decline in its net revenue to €307m for the first half of this year, compared to €358.6m for the same period in 2015. The company registered a 12.0% decrease in ...
French biotech company Deinove will collaborate with Processium to develop carotenoid separation and purification techniques at an industrial scale. Assisted by the French based engineering consultant, Deinove will produce and distribute ...
Tags: Deinove, Carotenoid Ingredient
Toyota has broken ground on Toyota Motor Manufacturing de Guanajuato (TMMGT), its fifteenth manufacturing facility in North America. TMMGT will produce Corolla, the top selling car in the world, beginning in 2019, and will employ ...
Tags: Toyota, Manufacturing Plant
New York based New Mill Capital Holdings and Tiger Capital Group, through their joint venture, have acquired a manufacturing plant in Indiana operated by General Mills. However, the financial details to purchase the dough-products ...
The growth of power use in China, a key barometer of economic activity, continued to accelerate in the first ten months due to more consumption by the service sector, official data showed Friday. Power consumption grew 4.8 percent year on ...
Cargill has agreed to acquire Brazil-based SGS Microingredients for an undisclosed sum in a move to expand its business in the industrial oils segment. The acquisition of SGS Microingredients is said to be in line with Cargill’s ...
Tags: Cargill, Industrial Oils
Mars is urging the business community and global leaders at COP22 to take bold action to implement the targets agreed last year in Paris for tackling climate change. Mars combined this call to action with an announcement of plans for a ...
Tags: Mars, Fossil Fuel
Daibochi Flexibles, a wholly-owned subsidiary of Daibochi Plastic and Packaging Industry, has signed a memorandum of agreement (MOA) with Myanmar Smart Pack Industrial Company to tap into the growing consumer packaging market. As part of ...
Tags: Daibochi, Smart Pack, Flexible Packaging
In the first nine months of 2016, KBA-Sheetfed achieved a 17.5% increase in revenue to €443.8m, accompanied by strong segment earnings of €17.3m. Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially ...
Tags: KBA-Sheetfed, good net liquidity
The Canadian government will inject a $350m into the country's dairy sector to support its competitiveness ahead of the likely implementation of the Canada–European Union Comprehensive Economic and Trade Agreement (CETA). Investment ...
Tags: dairy sector, robotic milker
Rothamsted Research has submitted an application on 3 November 2016 to the Department for Environment, Food and Rural Affairs for permission to carry out GM field trials. The trials will be conducted on the Rothamsted Farm in 2017 and ...
Tags: Wheat Field, Rothamsted Research
Nestlé Health Science announced that it will make an equity investment of $145m in US-based Aimmune Therapeutics, which corresponds to a 15% stake after completion of the transaction. The parties also entered into a strategic ...
Tags: Food Allergies, Nestle
Flexible packaging converter American Packaging (APC) is planning to build a new $170m manufacturing plant in Monroe County, New York, US. Planned to be built on Beaver Road in the Town of Chili, the facility is scheduled to be ...
Tags: American Packaging, Packaging
Ball Corporation reported, on a US GAAP basis, breakeven net earnings attributable to the corporation and earnings per diluted share for the third quarter 2016 on sales of $2.8bn, compared to $45m of net earnings attributable to the ...
Tags: Ball Corporation, Packaging