Reneas Electronics has developed a system that offers 360-degree vehicle-to-vehicle and vehicle-to-infrastructure communications and is expected to identify applications related to autonomous driving. The company announced the global ...
Tags: Reneas Electronics, V2X solutions
BENEO, one of the leading manufacturers of functional ingredients, has announced the opening of its new office BENEO India Private Limited in Delhi, India. The opening confirms the company's strong commitment to the fast-growing local ...
Tags: BENEO, new office, India
The European Commission (EC) has approved the joint acquisition of Slaney Foods JV and Slaney Proteins by ABP Group and Fane Valley. The proposal for acquisition of the stake has been cleared unconditionally by Europe’s competition ...
Tags: EC, joint acquisition, ABP, Fane Valley
Ardent Mills is showcasing its latest grain-based industry solutions at the 2016 International Baking Industry Exposition (IBIE), which is being held from 8 to 11 October. "At Ardent Mills, we continuously work for the good of grain, and ...
Tags: Ardent Mills, IBIE Show
Unilever has announced that it will invest undisclosed amount to establish a new global foods innovation center in the Netherlands. The innovation center is expected to be fully operational by April 2019. Located in Wageningen, the new ...
Tags: Unilever, innovation center
Freedom Foods Group has entered into a memorandum of understanding (MoU) with its Guangzhou based partner Shenzhen JiaLiLe Food (JLL) to set up a new company for expansion of its Australia’s Own (AO) brand in China. The new company ...
Tags: Freedom Foods Group, MoU, AO, JLL
Grieg NL has selected AMG Norway, a subsidiary of the Aqua Maof Group, to build its state-of-the-art hatchery and nursery facility in Marystown, Newfoundland. The facility, which will deploy Aqua Maof's cutting edge RAS technology, will ...
Chocolate and cocoa products maker Barry Callebaut has opened its first chocolate factory in Indonesia. The company had entered into a long-term agreement for out-sourcing with GarudaFood Group. As per the deal, GarudaFood will supply ...
Olymel has announced that it will expand its pork processing facility in Beauce in Canada’s Quebec province with an investment of $3m. The Canadian pork and poultry meat producer will use the investment for installing new equipment ...
Orkla Food Ingredients has, through its 50% ownership in FD Holding Oy, been granted European patent for the FOODDUCK spread dispenser. Corresponding patent application has also been approved for grant in the US. Following successful test ...
Tags: Orkla Food Ingredients, FD Holding Oy, FOODDUCK spread dispenser
Chinese yuan or renminbi (RMB) has been included into the basket of special drawing right (SDR) of the International Monetary Fund (IMF) since Oct 1, marking a milestone in the internationalization of the RMB. Here are seven things you need ...
Tags: SDR Inclusion, RMB
Cargill reported financial results for the fiscal 2017 first quarter ended 31 August, 2016. Key measures include: Adjusted operating earnings rose 35 percent to $827 million in the first quarter, compared with $611 million in the ...
Tags: Cargill, fiscal results
Stone Canyon Industries has sold SCI Ingredients and its wholly owned operating subsidiary, Fleischmann's Vinegar Company to Green Plains for $250m. Fleishmann’s Vinegar is being regarded as one of the largest producer of food-grade ...
Chipotle Mexican Grill will serve chorizo in all US restaurants. The spicy new sausage was introduced in five markets in June. Chipotle chairman and co-CEO Steve Ells said: “The reaction to chorizo in the cities that have had it has ...
Potato-chip giant Utz Quality Foods has completed its previously announced $135m acquisition of Alabama based Golden Enterprises, the owner of the Golden Flake Snack Foods. The merger is expected to support Utz Quality Foods’ growth ...