Brazilian meat company BRF has announced that it would establish a new subsidiary that will focus on supplying meat for Muslim markets. The company said it would set up a unit Sadia Halal that will hold assets related to the production, ...
Tags: BRF, Muslim Markets
Maxion Wheels has opened a new light vehicle aluminum wheel plant in Limeira, Sao Paulo, Brazil. The new plant, adjacent to the company's existing steel wheel plant, will add two million aluminum wheels per year in capacity and create an ...
Tags: Maxion Wheels, aluminum wheel
EEQO and Seesoo have announced a partnership with companies Avery Dennison and Braskem to use biobased polyethylene self-adhesive labels in their packaging. All EEQO's products use mainly natural ingredients, are biodegradable and, in ...
Tags: Product Labeling, Self-Adhesive
Valeo has agreed to acquire German clutch and and gear actuators maker FTE automotive from Bain Capital Private Equity for €819.3m. Subject to the approval of the European and Brazilian anti-trust authorities, the transaction is ...
Tags: Valeo, FTE Automotive
France-based packaging equipment manufacturer Sidel has partnered with Brazilian oil producer Algar Agro to develop the world's lightest 900ml PET bottle for edible oil . The partners redesigned and developed the new PET bottle and ...
Tags: PET Bottle, Edible Oil
Archer Daniels Midland Company (ADM) has acquired the remaining 60% stake in Brazilian natural extracts manufacturer Amazon Flavors. The financial details of the transaction have not been disclosed. ADM's WILD Flavors and Specialty ...
Tags: Amazon Flavors, natural extracts
Renault will manufacture the new model of Kwid hatchback at its Ayrton Senna industrial complex in Curitiba, Brazil. Renault Technology Americas (RTA) and Renault Design Latin America (RDLA) have adopted the Brazilian Kwid. Some reports ...
Tags: Renault, Kwid hatchback
Scania has inaugurated a €10m Technology Centre in Sao Bernardo do Campo, Brazil, with engine test cells that will be used for the developing, testing and certifying of its engines. "With this initiative we are placing Brazil within ...
Tags: Scania, automotive sector
Brazilian poultry exporter BRF has entered into an agreement to acquire the remaining stake in Oman-based frozen food distributor Al Khan Foodstuff (AKF). Currently, BRF owns 40% stake in AKF and the total acquisition is is estimated ...
Tags: Frozen Food, frozen food products
Archer Daniels Midland Company has begun a significant expansion and modernization of its export terminal in Santos, in the Brazilian state of So Paulo. The project will expand the facility's annual storage and grain handling capacity ...
Brazilian meat packer Marfrig Global Foods has agreed to sell three meat packing and a livestock confinement unit in Argentina to China-based Foresun Group’s subsidiary for $75m. As part of the agreement, Black Bamboo Enterprises ...
Tags: Marfrig, Foresun, Meat Packing
Mercedes-Benz has started local vehicle production in Brazil with a new plant in Iracemápolis. The site was officially opened in the presence of guests from politics, industry and society. Mercedes-Benz has started production at ...
Tags: Mercedes-Benz, New Passenger Car
The IATA reports that air cargo global growth continued to perform below its potential – “mediocre growth is now the new reality”. Growth in freight tonne kilometres (FTK) had positive momentum since 2H2015 and into ...
In February, Brazil recorded corn exports of 5.37 million tons. According to data from the Ministry of Development, Industry and Foreign Trade, this is almost five times higher than exports for February 2015, which stood at 1.10 million ...
Tags: Corn Export, Corn
With the soybean harvest getting under way in Brazil, analysts are getting a clearer picture of whether the forecast record-setting crop will hit the century mark of 100 million tonnes despite hot and dry weather in Mato Grosso and ...