Global plant protein manufacturer Axiom Foods will enter India to produce natural rice bran oil to tap the vast potential of the market. In India, Axiom Foods will produce a range of stabilized rice bran ingredients for both human food ...
Tags: Axiom Foods, rice bran oil
Atlantic Natural Foods, a subsidiary of investment group AFT Holdings, has completed the acquisition of Loma Linda Foods and the licensing rights to Worthington Foods brands of vegetarian foods from Kellogg. The acquisition was completed ...
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 authorities will release the first batch of sugar reserves this year to stabilize supply and prices, the country's top economic planner announced on Friday. China will sell 350,000 tonnes of sugar from state reserve at 6,000 yuan ...
Ice creams made in Russia are gaining popularity in China after Russian President Vladimir Putin brought them as a gift for President Xi Jinping during the G20 summit in Hangzhou earlier this month. Xi, who turned out to be a fan of ...
Tags: Ice Creams, Food
Neovia Vietnam launches a new pig production chain called “Le porc du Mékong”, in partnership with the Grimaud and Le Boucher Groups. The creation of a pig production chain in Vietnam, in partnership with the various ...
Tags: Neovia Vietnam, Le porc du Mekong, Grimaud and Le Boucher Groups
Private equity firm Grey Mountain Partners has acquired Mediterranean food maker and distributor Kronos Foods. Financial details about the acquisition have not been disclosed. Based in Glendale Heights, Illinois, Kronos sells gryo meat, ...
Consolidated Grain and Barge (CGB) is set to expand its soybean processing plant in southwest Indiana with an investment of more than $31m. Through the expansion, the company plans to double the size of its plant located at the Port of ...
Tags: CGB, expansion, soybean processing plant
Food technology company JBT has entered into an agreement to acquire Tipper Tie for $160m to expand its protein platform. However, the transaction value is subject to customary post-closing adjustments. Expected to close in the fourth ...
Tags: JBT, Tipper Tie, acquisition
Shanghai Husi Food and its US based parent company OSI Group have been fined more than CNY24.3m ($3.6m) by the Shanghai Municipal Food and Drug Administration for preparing and selling sub-standard meat products. While Shanghai Husi Food ...
Tags: Shanghai Husi Food, OSI Group
Inventure Foods has introduced new TGI Fridays Party Bites, a line of ready-to-eat snacks. Beginning this month, the ingenious new snack line will be available in convenience and grocery stores nationwide in 2.25-ounce and 5-ounce bags ...
Tags: Inventure Foods, TGI Fridays Party Bites, ready-to-eat snacks
South Africa-based Rhodes Food Group has announced plans to acquire domestic food producer Pakco for R200m ($14.5m), as part of its expansion strategy. Pakco owns popular brands, including the iconic Bisto brand, Hinds, Buffalo, Southern ...
Tags: Rhodes Food Group, Pakco, acquisition
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 ...
Southern California based SM Ingredients has developed a new proprietary soluble fiber named as Logifiber, aiming to diversify its ingredient portfolio. The company claimed that Logifiber can potentially change the landscape of the ...
Tags: SM Ingredients, Logifiber, new proprietary soluble fiber