US-based food company B&G Foods has completed the acquisition of frozen and canned vegetable Green Giant and Le Sueur brands from General Mills for $765m in cash. The deal also covers inventory adjustment at closing worth $58m. B&G ...
Tags: B&G Foods, General Mills
Market and technology analyst firm ElectroniCast Consultants, Aptos, CA, USA, has published a new market forecast for the worldwide consumption of organic light emitting diodes in lighting applications. The global sales value of ...
Tags: OLED lighting, OLEDs, TVs, displays
For third-quarter 2015, AXT Inc of Fremont, CA, USA, which makes gallium arsenide (GaAs, indium phosphide (InP) and germanium (Ge) substrates and raw materials, has reported revenue of $18.4m, down 12.4% on $21m last quarter and down 20% on ...
US-based agribusiness company Archer Daniels Midland Company (ADM) has completed the acquisition of some assets of Eaststarch C.V., which is ADM’s 50-50 joint venture with Tate & Lyle. Tate& Lyle is a UK-based agribusiness which ...
Tags: ADM, corn wet milling, Corn business
British Virgin Islands-based packaged food company Nomad Foods has completed the acquisition of frozen food brand Findus Sverige AB for £500m from LionGem Sweden 1 AB. The acquisition includes Findus' European businesses in ...
Tags: Nomad Foods, frozen food, Findus
Platts EU 45 sugar FOB containers assessment for November shipment was assessed at a premium of $36/mt above the December (Z) White Sugar Futures (London 5) contract Friday, unchanged week on week. Last week Platts heard the first ...
Tags: Platts, Sugar Containers, Algerian Tender
Offers for Chinese domestic spot aluminum alloy ADC12 were steady after the fall last week on the sharp drop in primary aluminum prices, while trade remained thin as there was no significant change in physical buying interest, sources said ...
Tags: Aluminum Alloy, trade, vehicle sales
The 849 MW FitzPatrick nuclear power plant in Scriba, New York, will be shut permanently by late 2016 or early 2017, due to "the continued deteriorating economics of the facility," Entergy said Monday in a statement. The unit is licensed to ...
Shell is to operate a standalone integrated gas division from the start of 2016 -- given the business's increasing importance to the overall group -- in a move that will also help Shell to integrate BG Group which it agreed to buy in April ...
Tags: Shell, Integrated gas, BG
For third-quarter 2015, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $140.7m, up 51% on $93.3m a year ago although up only 7% on $131.4m last quarter (which was the ...
Tags: LED market, LCD TVs
US-based snacks manufacturer Snyder’s-Lance will acquire snack food and culinary nut company Diamond Foods for approximately $1.91bn, which includes $640m of debt. The parties signed a definitive agreement in this regard under ...
Tags: snacks, Diamond Foods
2015 Emei Mountain Photography and Writing Contest started on July 13 and continues on to September 30. Emei Mountain is one of the Four Buddhist Holy Mountains in China, a celebrated tourist destination in southwest China’s Sichuan ...
Tags: Emei Mountain, Photography, Writing Contest
On the morning of Sept 8, a student in Anhui province was bicycling outside her college campus when she spotted an old lady down on the ground, screaming. She stopped to help. The "granny", as women in their senior years are often ...
Tags: Samaritan, Target for Extortion, students
A festival of short films by Chinese and South Korean filmmakers on the theme "share your dreams" kicked off in Dachang county, Hebei province, last week. It is the annual show's second edition that is co-hosted by South Korean ...
Tags: Sino-Korean Short Film, cultural ties, film industries
Li Biao Percussion Band celebrates its staying power with a national tour, Chen Jie reports. While it is easy to start a new project in China, it is usually difficult to sustain it, especially for a decade. But percussionist Li Biao has ...
Tags: Li Biao, percussion instruments