Brazilian food manufacturer BRF has completed the acquisition of UK based food company, Universal Meats for £34m. This deal will enable BRF to expand in local markets in the UK. The negotiations for the takeover began in December ...
Tags: Universal Meats, UK markets
Australia's pig farming and pork industry have experienced some tough conditions over the past five years. On the other hand, strong meat prices have been a feature of the past 12 months as pork has benefitted from higher meat prices ...
Tags: Pork Industry, beef
Paper and packaging company Smurfit Kappa has acquired two Brazilian paper-based packaging companies including Industria de Embalagens Santana (INPA) and Paema Embalagens, for nearly €186m. INPA and Paema combinedly have three ...
Tags: Smurfit Kappa, Paper, packaging
Thanks to tireless promotion by top Chinese leaders, the country's railway industry has seen another year of good harvest in overseas markets in 2015, culminating in the launch of a railway project in Asia and the start of another in Europe ...
Ball Corporation is planning to invest in the expansion of its manufacturing plant in Velim, Czech Republic, in a bid to cater to increasing demand for its impact extruded aerosol cans in Europe. As part of the proposed expansion, Ball ...
Tags: Ball Corporation, expansion, Packaging
Brazil's Braskem has been buying bigger volumes of naphtha from Europe in recent days due to low stocks in Brazil as the petrochemicals producer continues to negotiate with Brazilian state-led oil company Petrobras over the terms of a ...
Australia-listed Stanmore Coal has appointed mining contractor Golding to restart production at its Isaac Plains mine in the first half of 2016, the miner said in a statement to the Australian Securities Exchange Thursday. Stanmore ...
Tags: thermal coal, coal
A Brazilian aerospace company announced Monday that it had delivered the first Phenom 100E executive jet in China. Embraer, the third largest aircraft manufacturer in the world after Boeing and Airbus, revealed in a press release that the ...
Tags: 100E executive jet, Embraer
Major iron ore producers will have to cut production like aluminum producers did in 1994 to halt the current slump in spot prices, investment bank Investec said in a note Tuesday. "In our view if iron ore prices prevail at current levels ...
Poultry processor Moy Park is planning to invest £10m to expand its processing facility and hatchery in Derbyshire. The move is expected to create 100 jobs. The investment will go towards the installation of a new cutting line, ...
Tags: Moy Park, birds, poultry products
A German artist performs at the China Quanzhou International Puppet Festival. GUO HONGSONG/CHINA DAILY It was a fiesta for puppets-those artful creatures that come to joyful life and overcome language barrier. Last week, as a highlight ...
Tags: Puppets, Chinese marionette, Fujian Festival
China's ethanol imports in October fell from an all-time high in September, as inflows of fuel-grade denatured ethanol slid by nearly 70% even as the undenatured industrial grade posted an uptick in incoming volumes. Total imports in ...
Tags: ethanol, fuel, undenatured ethanol
Brazilian hydrous fuel ethanol demand in October rose 45% year on year to 1.75 billion liters, the fourth monthly consumption record in a row, according to data released by the National Petroleum Agency, or ANP. October's total was also 7% ...
Tags: hydrous ethanol, hydrous fuel, gasoline
Some independent teapot refiners in China's eastern Shandong province will be ramping up crude oil imports over the next month in a bid to utilize their import quotas before the end of the year, trade sources said this week. This is ...
Tags: Teapot Refiners, crude oil
Brazilian food company BRF has been recognized for its sustainability efforts by including it in the environmental, social and governance (ESG) index, which was launched in June 2014. The ESG index was launched by Euronext which is a ...