Global speciality chemicals distributor Azelis has expanded its African operations by opening a new office in Abidjan, Ivory Coast. The new office forms part of Azelis’ commitment to invest in Africa. The company established its ...
Tags: speciality chemicals, Ivory Coast
China Mengniu Dairy has agreed to acquire China Modern Dairy (CMD) for HK$6.4bn ($826m) to consolidate its position in the high-end dairy products sector. As part of the deal, China Mengniu will buy 965.47 million shares in CMD from a ...
Tags: Mengniu Dairy, Dairy
Philippines canned food company Century Pacific Food (CNPF) will acquire 100% stake in a group of unnamed Chinese distribution companies for a total price of $2.56m to further expand its branded exports business. In this regard, CNPF is ...
Tags: Century Pacific, exports business
Finnish packaging firm Huhtamaki is planning to establish three new manufacturing units in a bid to boost its flexible packaging business. One of the three facilities is planned to be built in Cairo, Egypt while the other two units in ...
Tags: Huhtamaki, Flexible Packaging
Constellation Brands said it will submit a proposal to the US Department of Justice to acquire a brewery operation from Grupo Modelo, a subsidiary of Anheuser-Busch InBev SA/NV, for $600m. Located in Obregon, the brewery is expected to ...
The Hain Celestial Group has launched a new strategic platform Cultivate Ventures to invest in lifestyle brands, smaller portfolio brands and concepts as well as incubator opportunities. The company said that the investments should ...
Tags: Hain Celestial, Cultivate Ventures
Multi Packaging Solutions International announced results for its first quarter ended 30 September 2016. 1Q FY 2017 vs. 1Q FY 2016: GAAP sales of $407.8 million vs. $459.1 millionNegative foreign exchange impact of $17.4 millionGAAP ...
Tags: Multi Packaging, Packaging
Sale of 40% stake in Glencore Agricultural Products and creation of long-term partnership with CPPIB Glencore plc (“Glencore”) is pleased to announce that it has entered into a definitive agreement with Canada Pension Plan ...
Tags: Agricultural Products, Glencore
The value of the infrared (IR) LED market worldwide continues to grow due to rising demand in various applications markets, according to the 2016~2021 Global LED Industry Demand and Supply Database Report by LEDinside, a division of ...
Tags: IR LED, LED Market
Two doctoral students and several research scientists from the Lighting Research Center (LRC) at Rensselaer Polytechnic Institute attended last month’s SPIE Optics + Photonics conference to present research on new innovative ...
Saudi Arabian Oil Company ("Saudi Aramco") through its wholly owned Saudi Refining Inc. ("SRI") subsidiary and Royal Dutch Shell plc ("Shell"), through its U.S. downstream affiliate, announce today they have signed a non-binding Letter of ...
Tags: Saudi Aramco, SRI, Motiva
Nellson, a nutrition bar and powder provider in North America, has announced to invest $40m-50m to establish a new production facility in Ontario, California. Based in Anaheim, California, Nellson is planning to have its Ontario plant ...
Tags: Nellson, new production facility, investment
In her new role, she will be responsible for the development and management of HTI's boys' toys ranges across a portfolio of licensed and own in-house brands. UK toy manufacturer and distributor, HTI has appointed Nina-Jo Uttley to the ...
Tags: HTI, Nina-Jo Uttley, product manager
Aerial view of the Enfield container terminal. Aurizon has commenced its rail port shuttle from Port Botany to the Enfield intermodal facility in Sydney. The Enfield to Port Botany rail service is part of Aurizon’s investment at ...
Tags: Aurizon, rail port shuttle, Port Botany
Carlsberg Group has signed an agreement to sell 59% of its share in Carlsberg Malawi Limited to Castel Group. The registration of the transaction is pending certain regulatory and corporate approvals. The transaction is in line with ...
Tags: Carlsberg Group, agreement, Malawi