PSA Group and SAIPA have signed a joint-venture (JV) agreement to produce and sell Citroen vehicles in Iran. This 50/50 joint-venture lays the foundations for a strategic partnership between the two companies. It will cover the entire ...
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Specialty chemicals firm Clariant is planning to install new, high-speed, six-color offset tube printing machines at its production facility in Romorantin, France to offer new options for customizing package designs to customers. ...
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German luxury car-maker Audi is expanding its production footprint worldwide by opening a new automobile plant in San José Chiapa, state of Puebla, Mexico. The plant has an annual production capacity of approximately 150,000 ...
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General Mills has announced that it will invest $25m to expand its cereal production plant in Buffalo, New York, US. Expected to be completed in May 2017, the expansion project will include purchase of new packaging equipment, production ...
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BASF has started planning for the construction of a new world-scale plant for vitamin A in Ludwigshafen, Germany. The new facility will increase BASF’s total annual production capacity of vitamin A by 1,500 metric tons. Reference ...
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Chocolate and cocoa products maker Barry Callebaut has opened its first chocolate factory in Indonesia. The company had entered into a long-term agreement for out-sourcing with GarudaFood Group. As per the deal, GarudaFood will supply ...
Olymel has announced that it will expand its pork processing facility in Beauce in Canada’s Quebec province with an investment of $3m. The Canadian pork and poultry meat producer will use the investment for installing new equipment ...
Global plant protein manufacturer Axiom Foods will enter India to produce natural rice bran oil to tap the vast potential of the market. In India, Axiom Foods will produce a range of stabilized rice bran ingredients for both human food ...
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Atlantic Natural Foods, a subsidiary of investment group AFT Holdings, has completed the acquisition of Loma Linda Foods and the licensing rights to Worthington Foods brands of vegetarian foods from Kellogg. The acquisition was completed ...
Global agriculture company Syngenta has completed expansion of its key projects in Brazil and Switzerland to increase its production capacity. It had invested a total of $240m in two Brazilian plants. One of them is the new Elatus ...
Consolidated Grain and Barge (CGB) is set to expand its soybean processing plant in southwest Indiana with an investment of more than $31m. Through the expansion, the company plans to double the size of its plant located at the Port of ...
Tags: CGB, expansion, soybean processing plant
Cargill reported financial results for the fiscal 2017 first quarter ended 31 August, 2016. Key measures include: Adjusted operating earnings rose 35 percent to $827 million in the first quarter, compared with $611 million in the ...
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Synutra International, which owns subsidiaries in China that produce, distribute and sell nutritional products for infants, children and adults, has opened a new operating facility in Carhaix, France. Synutra has received all required ...
Tomlinson’s Dairies has announced that it will invest £14m to expand its milk processing plant in Minera, Wales. The expansion plan comes in wake of bagging a supply contract from Sainsbury for its stores in Wales and also in ...
Lotus Bakeries has announced that it will invest in setting up a new manufacturing facility in the US, to expand its biscuit production capacity. Besides, the company will build a new production hall in Belgium to meet the growing demand ...