Flavors producer McCormick has agreed to acquire 100% of Italy-based spice producer Drogheria & Alimentari (D&A) for around €85m (($97m). The company has signed an agreement to this effect which is expected to be closed in May ...
The European Commission has started an in-depth investigation into Cargill's planned acquisition of Archer Daniels Midland's (ADM) chocolate business, as the $440m deal could lead to higher prices of chocolates. During a preliminary ...
Belgium-based packaging company VPK Packaging group has made its first acquisition in Ireland with an agreement to acquire 100% shares of corrugated board box manufacturer ICS Europaks for an undisclosed amount. Based in Galvone ...
'Made in China' gains credibility, as makers of home appliances expand Chinese home appliances and electronics are increasingly gaining popularity among European consumers because of their price advantages and innovation. Leading the ...
Tags: Home appliances, Electronics
Power management company Eaton announces that its Metalux Encounter™ and SkyRidge™ light-emitting diode (LED) luminaire families are now available with an optional integrated sensor control system, optimized to meet energy codes ...
Tags: LED, Electrical, Electronics
Fonterra expands with new plant in the Netherlands New Zealand-based dairy giant Fonterra Co-operative Group Limited (Fonterra) has commissioned its new dairy ingredients plant in Heerenveen, in the north of the Netherlands. The ...
Tags: Agriculture
Fully renewable food carton packaging on trial in Finland Global packaging company Tetra Pak has launched new carton packaging made entirely from plant-based materials, with the first product to use the packaging available in retail shops ...
Tags: Packaging, Food Packaging
In 2014 the Queensland Department of Industry announced the launch of the new 'Industry Skills Fund'. Commencing from 19 January 2015, the $476 million 'Industry Skills Fund' assists Australian businesses to invest in training and support ...
Tags: Logistics
Williams Partners has announced that its expanded Geismar olefins plant has started manufacturing ethylene for sale. “This is a significant milestone achievement in our effort to restore reliable operations at our plant for the ...
Tags: Geismar Plant, Ethylene
Chinese high-speed train companies are eyeing more contracts in overseas markets. "The US will be the next strategic focus for us, after successfully winning the Boston contract," Yu Weiping, vice-president of China CNR Corp, told China ...
Tags: high-speed train, overseas markets
US-based brewery Revolution Brewing is planning to expand its production facility in Chicago, a move that will triple the brewery's production capacity. The expansion will see the installation of a new 120-barrel brewhouse, several ...
France-based rice producer Marbour has agreed to acquire 100% stake in Canadian establishment MRRM. Both the companies have entered into a definitive agreement to this effect. MRRM mills, bags, packages, cans, processes, and sells ...
Tags: rice, Marbour, MRRM mills
According to a report by medical industry experts that insurance costs has been going up due to the rising medical costs and an aging population while insurance funds continue to be saddled by the slowdown in the economy. The government ...
Tags: Health Insurance, medical industry
Acording to a recent survey by the Federation of Korean Industries, 17 out of 29 major business groups in Korea picked restructuring as the center of their business strategy for this year. In contrast, only eight and two chose R&D ...
Tags: Conglomerates, Electronics
Mercedes-Benz has broken ground at its passenger cars plant in Brazil, which is a part of the company’s global production network expansion plan. The plant is located at Iracemápolis near Sao Paulo and the German car maker ...
Tags: Mercedes-Benz, Car Plant