US-based private equity firm KKR has committed to invest INR520 crore in India’s dairy company Kwality to support is growth plans. Kwality will utilise the funds for capital expenditure purposes to further strengthen its milk ...
Tags: INR520 Crore, private equity
Emcore Corp of Alhambra, CA, USA – which provides indium phosphide (InP)-based optical chips, components, subsystems and systems for the broadband and specialty fiber-optics markets – has completed its strategic review and will ...
Tags: Emcore Corp, optical chips
Canada-based poultry and pork products manufacturer Olymel is planning to invest over $25m to expand its hog slaughterhouse and butchering facility at St-Esprit in the Lanaudière region. Upon completion, the expanded facility is ...
Tags: Olymel, poultry and pork products
The prestigious brand Tous Perfumes, international referent in jewelry and perfumery, has selected Pujolasos wood & pack for the production of its new and exclusive fragrance, specifically the luxurious ash wooden caps that shows the new ...
Tags: Tous Perfumes, ash wooden caps, luxury
Bega Cheese has announced a reduction in its opening farm gate milk prices for the 2016/17 financial year. The dairy company will pay approximately 11 per cent lower across all its supply regions. This equates to a Victoria farm gate milk ...
Tags: Bega Cheese, ASX, milk prices
A new joint survey from UBS and the Australian Food and Grocery Council (AFGC) has found Australian supermarket suppliers are investing in new product development as a top priority. In releasing the results of the latest ‘UBS-AFGC ...
Tags: grocery sector, export opportunities, offshore wind farm
India’s consumer goods conglomerate ITC has forayed into the into dairy whitener market by launching its Sunfresh brand. In October last year, it entered dairy business by introducing packaged ghee. Sunfresh brand is its second ...
Tags: Sunfresh Brand, dairy business
A May 25 Bloomberg report said that Chinese officials plan to ask their American counterparts during the upcoming eighth round of the China-U.S. Strategic and Economic Dialogue about the chance of a Federal Reserve (Fed) interest rate ...
Denmark-based dairy company Arla Foods has opened a new milk powder production facility in Dakar, Senegal, to further its expansion in West Africa. The new plant, which was inaugurated on 17 May, has an annual capacity of 5,000 tons of ...
Tags: Arla Foods, Milk Powder
For its fiscal second-quarter 2016 (to 31 March), Emcore Corp of Alhambra, CA, USA - which provides indium phosphide (InP)-based optical chips, components, subsystems and systems for the broadband and specialty fiber-optics markets - has ...
Tags: Emcore, optical chips
Mitsubishi Polyester Film, a subsidiary of Japan-based Mitsubishi Plastics, has selected Jacobs Engineering Group to provide engineering services for the expansion of its polyester film plant in Greenville County, South Carolina, US. ...
Tags: Mitsubishi, Polyester Film
At drupa, the stage will be set for Konica Minolta to officially launch KM-1, underscore its commitment to the label and packaging markets, unveil more plans in its cooperation strategy with MGI across the globe as well as break new ground ...
Tags: Konica Minolta, Drupa 2016
Maanshan Iron and Steel or Magang, the largest steelmaker in eastern China's Anhui province, on Monday announced it was cutting its ferrous scrap buying price by Yuan 30/metric ton ($5/mt), a company source said. The move followed the ...
Tags: Iron, Steel, steelmaker, ferrous scrap
US-based flexible and rigid packaging solutions provider Bemis has agreed to acquire medical device packaging operations and related value-added services from SteriPack Group for an undisclosed sum. As part of the transaction, Bemis will ...
Tags: Bemis, Acquisition, Medical device packaging, SterPack Group
Faurecia has agreed to sell its auto exterior business to Plastic Omnium for an enterprise value of €665m. The sale covers Faurecia's bumpers and front-end modules business, which had sales of €2bn in 2015. The business employs ...
Tags: Faurecia, Plastic Omnium