Macao in southern China -- renowned as Asia's Las Vegas -- has tabled plans to become a hub to make traditional Chinese medicine more standardized and scientific and to further develop it to enable its products to be sold around the world. ...
Tags: Medicine, Chinese Medicine
Mac Papers, the merchant distributors in the Southeast US, announced Chris Streibig will be its new paper sales manager for the company’s Miami branch, effective 1 January. In this new role, Streibig will be responsible for managing ...
A new research has revealed that the number of UK breweries has increased by 8% to nearly 1,700 over the past year due to the continuous surge in popularity of craft beers. The research from UHY Hacker Young has found that the number of ...
Tags: UK breweries, rise, demand
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
Bosch and TomTom to jointly demonstrate autonomous driving technology, with Bosch's demo vehicle being equipped with TomTom's HD Maps and RoadDNA technology at Australian F1 Grand Prix circuit at Albert Park. TomTom HD Map and RoadDNA are ...
UPM Paper Asia business area will be renamed UPM Specialty Papers as of 1 October 2016. The new name highlights the business area's strategic focus on specialty papers and global operations. UPM Specialty Papers has global market ...
International Flavors & Fragrances announced that it has successfully completed the previously announced acquisition of David Michael & Company. Founded in 1896, David Michael is headquartered in Philadelphia, US. The Company is ...
Tags: International Flavors&Fragrances, David Michael&Company
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
Egpyt-based bakery group Edita Food Industries has signed an agreement with Khalifa A.Algosaibi Cold Stores (KACS) for distribution of its products in Saudi Arabia. As per the agreement, KACS will distribute the Edita’s ...
Tags: Edita Food Industries, KACS, agreement
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 ...
Global agriculture company Syngenta has completed expansion of its key projects in Brazil and Switzerland to increase its production capacity. It had invested a total of $240m in two Brazilian plants. One of them is the new Elatus ...
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
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
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 ...
Tyson Foods has announced that it is investing $27m to expand the production capacity of its case-ready beef and pork plant in Council Bluffs, Iowa. The investment is being made by Tyson Fresh Meats, a wholly owned subsidiary of Tyson ...
Tags: Tyson Foods, investment, expansion