Swire Pacific subsidiary Swire Beverages has agreed to acquire Coca-Cola bottling assets in China in a bid to strengthen its business in non-alcoholic ready-to-drink beverages. The deal to refranchise bottling operations in China has been ...
Tags: Swire Pacific, Coca-Cola
China's Baosteel Group will have dual headquarters following its merger with smaller rival Wuhan Iron and Steel (Group) Corp, according to Shanghai-based newspaper The Paper. The newly merged steel giant will have headquarters in both ...
The body looked at the US Public Interest Research Group's 2015 "Trouble in Toyland" report and W.A.T.C.H's 2015 "10 Worst Toys" list and found the data to be unreliable. The Toy Industry Association is urging US families not to fall for ...
The Scottish Government has selected Neogen to carry out genomics testing as part of its program to enhance the country's beef herd. The program, dubbed the Beef Efficiency Scheme, aims to improve the overall herd profitability and to ...
Toyota Motor will start the sales of fuel cell buses (FC buses) under its own brand from early 2017. Having already undergone repeated field tests for practical use, the Bureau of Transportation of the Tokyo Metropolitan Government plans ...
Brazilian meat processor JBS has cancelled its plans to move some of its operations outside the country after a government agency BNDESPar vetoed a proposed reorganization. BNDESPar, Brazil's state development bank BNDES’ investment ...
Tags: meat processor, JBS
According a new report from Smithers Pira, corrugated board packaging market to reach $269bn in 2021, though the annual growth rate is expected to decrease to 3.6%. Growth in demand for corrugated board packaging is showing signs of a ...
Parrish and Heimbecker has secured a funding of $10m from the Canadian government to build a new wheat flour milling plant at Hamilton. The Canadian grain company’s new plant is expected to increase production capacity of wheat ...
Tags: Milling Plant, Parrish, Heimbecker
Toyota has broken ground on Toyota Motor Manufacturing de Guanajuato (TMMGT), its fifteenth manufacturing facility in North America. TMMGT will produce Corolla, the top selling car in the world, beginning in 2019, and will employ ...
Tags: Toyota, Manufacturing Plant
Microsoft has announced it will be partnering with the Elon Musk-backed OpenAI initiative in a bid to make "significant contributions to advance the field of AI". As part of its stated mission to 'democratise AI', Microsoft will work ...
Tags: Microsoft, Artificial Intelligence
Jiangxi Luye Auto Lighting launched the first automotive lighting LED module plant in Nanchang Optical Valley in China, reported Xinhua. The LED automotive module manufacturing facility values RMB 500 million (US $72.97 million) in total, ...
Tags: Auto Lighting, LED Lighting
A new survey has found that about half of the alcohol sold in Scotland does not match the forthcoming minimum pricing legislation. Analysts Nielsen have found that 69% of the spirits presently sold fall below the 50p per unit threshold ...
Canada's Vineland Research and Innovation Centre will receive federal funding to develop new disease-resistant apple and greenhouse tomato varieties. Canada agriculture and agri-food minister Lawrence MacAulay, and Niagara Centre member ...
Tags: Canada agriculture, Apple
Axalta Coating Systems will build a new manufacturing plant in Nanjing, China, where high-performance automobile, commercial vehicle and industrial coatings will be produced. The facility will be built on more than 170,000 m2 of land ...
Tags: Axalta Coating Systems, Coating
Mars is urging the business community and global leaders at COP22 to take bold action to implement the targets agreed last year in Paris for tackling climate change. Mars combined this call to action with an announcement of plans for a ...
Tags: Mars, Fossil Fuel