Shuanghui International has acquired a US pork processor Smithfield Foods in an all-cash deal valued at $7.1bn, which includes the assumption of net debt. The deal received approval from Smithfield's shareholders at a special meeting held ...
Tags: Shuanghui International, pork
The Ghana Egypt Fibre Glass Industry (GEFGI) has introduced culvert covers, a new technology for application on Ghana's road network to ensure the safety of vehicular and pedestrian traffic. The new technology was developed using fibre ...
Tags: Fibre Glass, Construction
DKTE and Rieter have agreed on an exclusive cooperation which will result in the establishment of a "Rieter Spin- and Training Center" in spinning technologies on the DKTE premises. The Center will create a platform to conduct trials ...
Tags: Rieter, DKTE Textile College
The Council of Textile and Fashion Industries of Australia (TFIA) has called on industry stakeholders to have a debate about the future of the TCF industry. This call follows a submission to the new Abbott Government setting out priority ...
Tags: Future of Industry, Textile
Avery Dennison Corporation, a global leader in labeling and packaging materials and solutions published its new sustainability report. Avery Dennison's sustainability report for 2011-2012 charts the company's progress and new opportunities. ...
Tags: Avery Dennison, Landfills
Smithfield Foods announced that its shareholders have voted in favor of proposed merger with China's Shuanghui International for $4.7bn, in a development which will be the largest ever takeover of a US company by a Chinese firm. At a ...
Vitran announced today that it has entered into an agreement to sell its U.S. LTL business to a company owned by Matthew Moroun, son of Ambassador Bridge owner Manuel 'Matty Moroun. "For the last several years, Vitran has invested ...
Tags: Transportation, Auto Parts
Vitran announced today that it will sell its US LTL business, and will now focus on strengthening its Canadian operations. The company agreed to sell the US operations to a company owned by Ambassador Bridge - and multiple trucking ...
Tags: Transportation, Auto
The adoption of common safety standards in Bangladesh’s ready-made garment factories has come a step closer, following a meeting of national tripartite partners, the Alliance and Accord and other key stakeholders in the industry. ...
Tags: Bangla Garment, Safety Standards
Today eight emerging fashion designers from Europe and Asia were announced as finalists of The EcoChic Design Award 2013, the first international sustainable fashion design competition uniting European and Asian emerging fashion designers ...
Tags: Textile, Apparel, Accessories
The Government of Karnataka, a state in southern India, is expecting that the state would attract over Rs. 100 billion in investments once the new textile policy is implemented, state Minister for Textiles and Ports Baburao Chincahnsur told ...
Tags: Textile
After having created history in the first two editions of Asia's one and only comprehensive denim B2B show, Denim Club is now gearing up to organize the third edition, on the same lines as the first two, and bigger, better and with more ...
Tags: Apparel, Accessories, Denim, Textile
The Ministry of Textiles, Government of India, is planning to come out with a Cotton Distribution Policy to bring stability in the prices of cotton. Under the plan, the Ministry proposes to levy a 10 percent duty on shipments of cotton ...
Shuanghui International, a Chinese food giant, is hopeful of closing the $4.7bn acquisition of American pork producer Smithfield Foods by 26 September 2013, following the approvals from the latter's stakeholders. The American producer has ...
Tags: Agriculture, Food, meat
The Food Safety and Standards Authority of India (FSSAI) has launched new regulations for labeling on packaged foods, including dairy and bakery products, and is seeking suggestions from its stakeholders regarding the proposal. One of the ...
Tags: Food Labeling, Agriculture, Food