BENEO, one of the leading manufacturers of functional ingredients, has announced the opening of its new office BENEO India Private Limited in Delhi, India. The opening confirms the company's strong commitment to the fast-growing local ...
Tags: BENEO, new office, India
Chocolate and cocoa products maker Barry Callebaut has opened its first chocolate factory in Indonesia. The company had entered into a long-term agreement for out-sourcing with GarudaFood Group. As per the deal, GarudaFood will supply ...
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
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
Lotus Bakeries has announced that it will invest in setting up a new manufacturing facility in the US, to expand its biscuit production capacity. Besides, the company will build a new production hall in Belgium to meet the growing demand ...
Ausnutria Dairy has formed a joint venture with New Zealand based Westland to produce and sell dairy based powder products, including infant milk powder. Through the joint venture named Pure Nutrition, the companies will set up a new ...
Tags: Ausnutria Dairy, Westland, dairy based powder products
Hormel Foods has announced several new leadership appointments across business segments. James M. Splinter has been appointed to the position of group vice president, corporate strategy. In this new role, Splinter will have responsibility ...
Tags: Hormel Foods, appointment, new leader
Global food commodities trader Bunge’s subsidiary Agribusiness Singapore has entered into an agreements with Oleo-Fats to distribute its products for the foodservice, retail and food processor industries in the Asia-Pacific region. ...
Tags: Bunge, Agribusiness Singapore, Oleo-Fats
“We are delighted to represent Care Bears in Japan and South Korea,” said Miki Yamamoto, senior vice president, licensing, Asia, IMG. IMG has been appointed as the licensing representative for Care Bears in Japan and South ...
Tags: Care Bears, IMG
Natural gas imports to China through northwest China's Xinjiang Uygur Autonomous Region have grown this year, local customs said. As of the end of August, more than 16.75 million tons of natural gas had been imported through Xinjiang this ...
Tags: Gas, Central Asia, Natural gas
The Chinese government has released a plan on scientific and technological (S&T) cooperation between China and countries along the Belt and Road. China plans to set up joint labs, research centers, tech transfer centers and S&T parks with ...
Tags: Belt and Road, Sci-Tech Cooperation, China
The 38th edition of the China International Furniture Fair has ended in Shanghai, recording positive results and creating great satisfaction among those operating in the sector, therefore confirming CIFF as one of the best furnishing sector ...
Tags: CIFF Shanghai 2016
The global fish and seafood market has grown steadily in recent years, registering a compound annual growth rate (CAGR) of 3.8% between 2011 and 2015, according to data from research company MarketLine. MarketLine's latest report shows ...
As demand for VR-related experiences continues to grow and the China government has been aggressively pushing establishment of VR industry alliances, players including High Tech Computer (HTC), Intel, AMD, Nvidia and ARM have all increased ...
Tags: VR industry, VR device
China's industrial profits showed positive changes in August thanks to policy-level efforts to reduce waste and also to a low base of comparison. But economists hastened to add that uneven growth is seen across sectors, and the country ...