An oil field off the Nigerian coast with substantial reserves and potential risks has become the latest foreign prize scooped up as part of China Petrochemical Corp.'s African expansion campaign. The state owned oil gorilla better known ...
Tags: oil field, oil, China Petrochemical Corp, oil industry
Swiss food manufacturer Huegli has said its 2012 profits will not hit its forecasts after a drop in sales in recent months. Huegli, which makes products from soups to desserts, saw revenues increase in the first half of the year but ...
Tags: Huegli, profits, sales drop, food industry
The trend towards energy-saving x-ray equipment for the food industry continues to increase momentum, with Eagle Product Inspection’s Pack 400 HC being the latest launch in the area. In addition to a range of other x-ray ...
Tags: Eagle Product Inspection, Mettler-Toledo, Pack Expo, x-ray
Swiss food firm Nestlé has announced that it has completed the acquisition of Pfizer's nutrition division, in a deal valued at $11.85bn, strengthening its position in the global nutrition market. The integration process of Pfizer ...
Tags: Nestlé, food, acquisition, infant nutrition
The UK Food Standards Agency's (FSA's) expert Advisory Committee on Novel Foods and Processes is considering an application from Swiss firm Dow Wolff Cellulosics for approval to market a carbohydrate derivative, known as methylcellulose, as ...
Tags: novel food ingredient, plant material, food additive, methylcellulose
Swiss textile machinery major Rieter has made a complete exit from city-based Lakshmi Machine Works (LMW). Rieter has sold its residual 3.48% stake in LMW on Tuesday. LMW had bought out the 50% stake held by Rieter in their joint venture ...
Tags: Market View, textile machinery
LED-based sequencer to track Salmonella and E.coli 18 Sep 2012 US Food&Drug Administration agrees$17??million contract for sequencing systems to track future outbreaks of potentially harmful pathogens. Illumina,the San Diego company ...
Tags: the San Diego company, LED, Salmonella, E.Coli, MiSeq systems
The Swiss pellet manufacturer Pellet du Jura commissioned new pellet manufacturing machinery in early April 2012. The project involved a fundamental overhaul of a pellet plant that the subsidiary of the Swiss hardwood sawmill Corbat Holding ...
Tags: market view, Pellet, hardwood