Japanese global establishment Mitsubishi has agreed to acquire 20% stake in agri-business firm Olam International, in two deals that are valued at around S$1.53bn ($1.09bn). Under the agreed terms, Mitsubishi will acquire 332.73 million ...
Tags: agri-business, Mitsubishi, edible nuts
Poland has reportedly put forward plans to invest in food processing technologies and farm machinery in the Indian state of Punjab. The move is expected to double the bilateral trade between the two countries to $5bn by 2018, Financial ...
Chilean food processing company Lake Blue Spa will employ EnWave's Radiant Energy Vacuum (REV) dehydration technology to produce dried cheese products in the country. The companies have signed a royalty-bearing commercial license ...
Tags: food manufacture, food processing, dried food, dried cheese products
Morton Salt is launching food grade manufacturing capabilities at its salt production facilities in Grantsville, Utah and Port Canaveral, Florida with an investment of around $20m. The project will see the installation of a sea salt ...
Huon Aquaculture has opened a new Smokehouse and Product Innovation Centre in Parramatta Creek, in the north of Tasmania, creating 70 new jobs. The move is in line with the company's controlled growth strategy to invest close to $160m in ...
Tags: food manufacture, food processing
Vietnam Meat Industries (Vissan) has opened a new food processing plant in Tien Son Industrial Zone in the northern province of Bac Ninh. The move is in line with the company's strategy to improve food supply capacity in Vietnam and in ...
Tags: food manufacture, meat
Multipack has invested in a brand new food processing and packing facility to complement its growing FMCG and retail packaging business. The new facility, based in Sydney's suburb of Ingleburn, is an upgrade of the company's existing food ...
Tags: Contract Packer, FMCG Business, packaging
Italian packaging applications firm Marchesini Group has purchased some technologies of Bologna-based Multipack specializing in end-of-line packaging systems for pharmaceuticals, cosmetics and foodstuff. Marchesini, which has been using ...
PepsiCo Foods Canada will receive $3m in investment from the government of Ontario to revamp its manufacturing plant in Cambridge. The investment will be used to upgrade the food processing facility to meet world-class food safety ...
Tags: PepsiCo Foods, Canadian Plant
Chicken legs from the US have made a comeback in Jordan after the latter scrapped a packaging norm. The rule that restricted the weight of chicken leg packs to 2.5kg, has been relaxed to allow up to 15kg. The Middle Eastern country ...
Tags: Packaging Rule, Chicken Legs
CC, a manufacturer of specialty coatings and adhesives, has announced the launch of its new revamped website. The new site is designed to provide increased functionality and a greatly enhanced user experience for Daubert's broad customer ...
Tags: Chemical, Construction, specialty coatings, adhesives
Equipment maker Duravant has purchased packaging machinery manufacturer Hamer to boost its capability in bag management systems. Known for its specialization in automated bagging systems, fillers, sealers and robotic palletizers, Hamer ...
Tags: Packaging Equipment, Packaging
The Taiwan Cabinet plans to roll out the Taiwanese version of “Industry 4.0 Plan” this June just shortly after such plan had been publicized on TV to be part of China's official program, with the aim to help the island's ...
Mamee TGU Factory, a joint venture between Mamee-Double Decker Sendirian Berhad and Top Golden Universe (TGU), will construct an instant noodles and snack foods factory at the Industrial Valley in King Abdullah Economic City (KAEC), Saudi ...
Tags: Instant Noodles, Snack Foods
Vasari Global, along with Ethiopian entrepreneur Solomon Wondimneh and his company Ahadu, has opened phase I of a new food production facility in Ethiopia which is valued at around $150m. The launch marks capital deployment of $36m ...