Abu Dhabi based National Catering Company (NCC) has signed an agreement with Abu Dhabi Ports to secure a 25,000-sqm plot of land in the Khalifa Industrial Zone (Kizad). As part of this new development, NCC will invest around AED50m ...
Tags: National Catering Company, Food
India’s biscuit maker Britannia Industries is set to increase exports and eyes joint ventures, acquisitions as part of its strategy to enhance its manufacturing capacities in the Middle East. Britannia managing director Varun Berry ...
Fresh produce firm Produce World Group is planning to shut down its plants in Butterwick and Swinderby, in the UK. The move forms a part of the company's strategy to restructure the business in order to face market challenges. The ...
Tags: Produce World, root vegetables
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 ...
Minister of State for Textiles Santosh Kumar Gangwar inaugurated a Weavers’ Service Centre at Toluvi in Northeastern state of Nagaland, and also laid the foundation stone for Apparel & Garment Making Centre at Dimapur, also in ...
Tags: Textiles Minister, Apparel, Garment
UK-based whiskey and vodka producer Inver House Distillers is planning to ramp up its production capacity in order to cater to increasing demand in international markets. The company has secured £10m in loan from Bank of ...
Tags: Inver House, whiskey, vodka
Food packaging and processing company Tetra Pak has received Forest Stewardship Council (FSC) Chain of Custody (CoC) certification for all of its converting plants and market companies, making it eligible to supply FSC labelled packages ...
Tags: Tetra Pak, Custody Certification, Packaging
Favourable government policies, low wages, shorter sea route and growing garment exports make Myanmar an attractive option for Indian textile entrepreneurs, says Rajesh Kumar Shah The garment sector in Myanmar has grown enormously since ...
Tags: garment exports, Textile
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
Samsung has dropped the biggest hint yet that the Samsung Galaxy S6 won't feature a removable battery. Many of the rumours surrounding the forthcoming Samsung Galaxy S6 - and there are a fair few - suggest that it will launch on March 1 ...
Tags: Samsung Galaxy S6, WMC 2015
The number of electric-vehicle charging stations in Beijing will be doubled by the end of 2015 to encourage the use of new-energy vehicles, local authorities said on Wednesday. Beijing currently has 1,425 public charging stations at 188 ...
Huntsman Corporation, a global manufacturer and marketer of differentiated chemicals, has announced a plan to reduce its TiO2 capacity approximately 100kt, representing 13 per cent of Huntsman’s European TiO2 capacity. After ...
Tags: Huntsman, Tio2 Capacity
The Board of Directors of Grasim has approved the proposed merger of the Aditya Birla Chemicals (India) Limited (ABCIL), another Aditya Brila Group company, with Grasim. Grasim’s Board of Directors approved the swap ratio of 1 ...
Tags: Aditya Birla Chemicals, Grasim
The Karnataka government is planning to develop smaller textile parks at different places in Ballari, Chamarajanagar and Vijayapura districts, a government official said. Addressing a roadshow for Technotex 2015 in Bengaluru, K ...
Tags: textile parks, Textile Policy
For the fourth fiscal quarter ended January 4, 2015, Gildan Activewear said it slipped in to losses, when compared with fourth fiscal quarter of previous year. Gildan reported a net loss of US$41.2 million or US$0.34 per diluted share for ...
Tags: Gildan Activewear, Apparel