Confectionary giant Mondelez's Malaysian subsidiary has announced to invest MYR21m ($4.7m) to expand production of the belVita line of breakfast biscuits at it manufacturing plant in Johor state. The expansion is to boost its supply of ...
Indian firm Prabhat Dairy has invested about INR140 crore ($21m) to establish new production lines for cheese at its Shrirampur facility in Ahmed Nagar. The company's cheese product portfolio includes mozzarella, cheddar, processed cheese ...
Tags: Prabhat Dairy, cheese
According a new report from Smithers Pira, corrugated board packaging market to reach $269bn in 2021, though the annual growth rate is expected to decrease to 3.6%. Growth in demand for corrugated board packaging is showing signs of a ...
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
The Canadian government has secured export agreement for Alberta seed potatoes to Thailand. After Prince Edward Island and New Brunswick, Alberta has now become the third Canadian province to get market access for seed potatoes in ...
Tags: Alberta Seed, Potato
Bord Bia has launched an Irish beef promotion this month with the Maredo steakhouse chain, a major player in the German market. The Maredo publicity declares Irish beef to be “wholesome, juicy and Irish” and the month-long ...
Tags: Bord Bia, beef, German Steakhouse
The recent coal price surge in China was irrational and unsustainable, an official said Monday, predicting that prices will retreat as supplies increase. There is no basis for further rises in coal prices, as supplies, freight volume and ...
Tags: Coal, Coal Price
China will hopefully achieve its annual steel and coal capacity reduction goals ahead of schedule this year, the country's top economic planner said on Tuesday, as local authorities have intensified efforts in recent months due to pressure ...
Tags: Steel, Coal Capacity-Cut Targets
Glencore plc (“Glencore”) announces that a long-term streaming agreement has been entered into by Narila Investments Ltd. (“Narila”), a wholly-owned subsidiary of Glencore, with Franco-Nevada (Barbados) Corporation ...
Tags: Glencore
Fonterra is conducting an internal investigation into the milk powder scandal that broke out in China relating to sale of its expired products. Around 300 tonnes of Fonterra’s expired milk powder were found to be sold in China ...
Tags: Fonterra, Milk Powder
Canada-based Viterra has opened a new grain terminal at Ste. Agathe in Manitoba province, in a bid to expand its services for the farmers in the region. The new facility holds a capacity to store about 30,000t of grains. It also has 34 ...
Tags: Viterra, grain terminal
Spanish firm Saica Group has agreed to acquire Irish-owned Americk Packaging Group of companies. Americk produces labels and cartons, as well as environmental and flexible packaging solutions. The company manufactures reel-fed, ...
Potato processing company Branston has opened a new £5m prepared foods factory extension in Lincolnshire, England. Branston has expanded the plant’s capacity in partnership with British supermarket chain Tesco which has been ...
Tags: Branston, Prepared Foods
Asia's biggest ice cream and frozen food industry exposition kicked off in north China's Tianjin Municipality on Thursday. The three-day event features 1,400 booths in a total display area of 35,000 square meters. This year's exposition ...
Tags: Ice Cream
Steel prices in China, the world's biggest steel producer and consumer, rose mildly last week as market sentiment improved slightly but demand remained subdued, latest industry data showed. China's steel industry has long been plagued by ...
Tags: Steel