Rigid plastic producers Amcor Rigid Plastics will soon operate an on-site production facility within Method’s manufacturing facility in Chicago to produce 100% PCR polyethylene terephthalate (PET) bottles. Method produces ...
Tags: Amcor, Pet Production Facility, Packaging
The Ministry of Textiles, Government of India, has approved setting up of 13 textile parks, which will involve a minimum investment of Rs. 1 billion each. Speaking at a book-launching event in New Delhi, Minister of State ...
Tags: Textiles, Ministry of Textiles
United Natural Foods reported fourth-quarter (Q4) net income of $33.4m, as against $32m in the corresponding period a year ago. Revenues for the quarter were up 7.4% at $1.76bn compared with $1.64bn in the prior year. Gross margin was ...
Tags: Agriculture, Food, Natural Foods
Packaged food company General Mills has reported first-quarter net earnings attributable to the company of $345.2m, compared to $459.3m in the previous year same period. For the 13 weeks ended 24 August 2014, net sales declined 2% to ...
Tags: Packaged food, Agriculture, Food
Vietnam and India have identified garments and textiles as one of the important areas of potential growth in bilateral trade. On the occasion of a State visit to Vietnam by Indian President Pranab Mukherjee, both nations issued a joint ...
Cotton growing area in China is expected to fall 8.7 percent in the current season that began on September 1, 2014, compared to the previous season, according to the latest data from the Ministry of Agriculture. The cotton growing area ...
The WASDE and Crop Production Reports estimate record average yields for both corn and soybeans. Those big numbers make a bearish boom in the oversupplied markets. The USDA reports that average U.S. corn yields are 171.7 compared to ...
Tags: corn, soybeans, Agriculture
Halberd Corporation entered into a binding term sheet this week to enter into a definitive agreement to acquire control of Sarasota, Florida based I-TAP, Inc. The definitive agreement is expected to be signed in the next two weeks. I-TAP, ...
Tags: Halberd Corporation, I-Tap, Agriculture
Japanese food producer Ajinomoto has agreed to acquire US-based frozen food maker Windsor Quality for $800m. Windsor has seven production facilities throughout the US and strong brands/positions in Asian, Mexican, Italian and appetizer ...
Tags: Agriculture, Food
The Government of Benin has allotted a special credit to cotton farmers for cotton production, according to reports by Beninese Ministry for Microfinance. The Government of Benin has taken this step in order to increase the production of ...
Tullia's is recalling Italian Meatless Pasta Sauce as it contains pH levels high enough to allow the growth of Clostridium botulinum. The product associated with the recall include 16oz and 32oz packs of Italian Meatless Pasta Sauce ...
Tags: Meatless Pasta, Food
Global meat packing company Hilton Food Group has witnessed a decline in revenue in the first half of its financial year. For the 28 weeks to 13 July 2014, revenue was £592.3m, a 0.3%, decline from £593.8m in the first half of ...
Tags: Agriculture, Food, Meat
Corn prices continue to be dominated by expectations of a very large U.S. harvest. The USDA will release a new forecast of the size of the crop on September 11. The market expectation is that the new forecast will be about 250 million ...
Tags: Agriculture, Corn
Campbell Soup Company today reported its fourth-quarter and full-year results for fiscal 2014. The company reported earnings from continuing operations for the quarter ended Aug. 3, 2014, of $137 million, or $0.43 per share, compared with ...
Tags: Agriculture, Food
Pulp and paper manufacturer Virdia will build a $60m biochemical processing plant in Lafourche Parish, Louisiana, which will convert sugarcane bagasse, or sugarcane waste, into industrial sugars and biofuels. Virdia will use 80,000 tons ...
Tags: Biochemical Plant, Virdia