Brazilian food group Brasil Foods has formed a whey processing joint venture with Irish dairy group Carbery. The joint venture, in which Brasil Foods will invest US$50m, emphasised its objective to increase its leadership in the cheese ...
Tags: Brazilian food, cheese sector, cheese manufacturing facilities
French retail giant Casino has booked a 35% jump in third-quarter sales, boosted by a strong international showing and a contribution from acquisitions. In a sales update released yesterday (15 October), Casino said group sales increased ...
French retailer Casino has taken control of CBD, Brazil's largest retailer. Casino chairman and CEO Jean-Charles Naouri was appointed chairman of Wilkes, the holding company through the French retailer and fellow CBD investor Abilio Diniz ...
Tags: Retailer, Cbd, shareholder
Brasil Foods has booked a 75% drop in third-quarter profits as higher feed costs more than offset sales gains in the period. The Brazilian meat company said net income fell to BRL91m (US$44m) in the three months, down from BRL365m in the ...
Tags: Foods, meat company, grain prices, feed costs, profit
Agribusiness giant Bunge has booked a jump in third-quarter income, which more than doubled as sales benefited from rising grain prices. The company said net earnings in the three months to the end of September rose to US$289m, up from ...
Tags: Agribusiness, grain prices, grain, grain trader
Retail giant CBD has booked a 64.6% rise in third-quarter profit as sales benefited from the Brazilian government's stimulus package. CBD's third-quarter net profit totalled BRL210m (US$103.4m) up from BRL128m in the same period of last ...
Tags: Profit Jump, stimulus package, EBITDA margin
Good night, good night All that remains is for Paul McCartney to sing us off to our slumbers. It's been a terrific night, a glorious ceremony, a rousing history lesson and far and away the best film that Danny Boyle never made. Thanks ...
Tags: Olympics, opening ceremony, democratic spirit, Olympic flame
Brazilian food group Brasil Foods has said it will look to increase prices to offset the recent spike in commodity costs. The company yesterday (14 August) reported a slump in half-year profits that was partly thanks to a spike in grain ...
Tags: Brasil Foods, Foods, food group, food prices
Expak, the Brazilian firm specializing in the distribution of packaging for the beauty sector and glass bottles, has increased its marketing strategy in packaging for the make-up industry. This will include a range of mascaras, lipstick ...
Tags: Expak, packaging, beauty sector, glass bottles
Finnish materials company Ahlstrom has signed an agreement with Munksjö’s principal owner EQT to combine its Label and Processing business area with Munksjö to form a single company Munksjö Corporation through two ...
Tags: Business Unit, Label and Processing business, Coated Specialties plant
Perstorp has announced that during the second half of 2012, a new and extended distribution agreement was signed between Perstorp AB and Grupo M.Cassab. Besides its role as distributor for Perstorp's range of Caprolactones in the ...
Tags: Grupo M.Cassab, Perstorp, building blocks, coatings and coalescing agents
German carmaker Volkswagen is planning to invest about EUR3.4bn ($4.4bn) in refurbishing its model lineup and facilities in Brazil. The investment, which runs through 2016, includes EUR126m to expand capacity at its engine facility in ...
Tags: Volkswagen, invest, Brazil
Scania has been awarded a contract to supply 231 K 230 4X2 city buses to the Chilean capital Santiago’s Transantiago transport system. The sale will facilitate Scania to start its operations in the Transantiago, linking bus lines ...
Tags: Scania, city buses, Transantiago
Date: Apr 13, 2012 Venue: Beijing Jianguo Garden Hotel Made-in-China.com took part in the buyer-supplier match-meeting together with its member companies organized by its partner-the Brazil-China Chamber of Commerce at April 13 ...
Tags: match meeting event, match meeting
Japanese carmaker Honda's automobile production and sales subsidiary in Brazil, Honda Automoveis do Brasil (HAB), is planning to invest BRL100m ($49.29m) its automobile R&D division through the next two years. The investment, aimed at ...
Tags: Honda's automobile, carmaker, R&D division, new compact SUV model