Nestlé has agreed to sell its US confectionery business, made up of more than 20 brands, to Italian confectionery giant Ferrero for $2.8bn. The confectionery business of Nestle in the US makes up about 3% of US Nestle Group sales. ...
Chocolate and confectionery giant Ferrero’s Canada unit will be financially supported by the Ontario government in its C$90m ($72.31m) expansion project that is aimed at boosting productivity of an existing plant. The provincial ...
Temperature-controlled packaging solutions provider Pelican BioThermal has launched a new solution for controlled room temperature distribution challenges at Temperature Controlled Logistics in Biopharmaceuticals USA. Part of the ...
Tags: packaging, cold chain packaging
Nutella and Tic Tac maker Ferrero International has announced to acquire some of the brands of UK based food manufacturer United Biscuits for an undisclosed sum. The Italian chocolatier is planning to buy Belgian cookies Delacre and ...
Nutella-maker Ferrero International’s Canadian subsidiary is planning to expand its Ontario factory in Brantford to begin production of three new products. The company is looking to invest CAD36.1m ($27.6m) to scale up its ...
Tags: Ferrero, Australian markets
The European Bank for Reconstruction and Development (EBRD) has given a €10m loan to Turkey’s dairy producer Mar Tuketim Maddeleri Ihracat Ithalat San. Ve Tic. A.S., which is known under the brand name Kay. The loan amount ...
The short-term outlook for biomaterials in coatings and related sectors in Europe has been looking grim in the wake of the fall in the oil price. However companies along the biomaterials value chain in the region are not overtly concerned. ...
Tags: biomaterials, coatings
Toshiba International Corporation (TIC) has introduced the G2020 Series, its latest three-phase uninterruptible power system (UPS), in which silicon carbide (SiC) power modules in a three-level design enable 98%-efficient power protection ...
Tags: Toshiba SiC power modules, Electrical, Electronics, UPS
The Ferrero Group, one of the market leaders of the confectionery industry, has continued to strengthen its presence in the hazelnut market by acquiring hazelnut producer Oltam Group. Oltan Group, based in Trabzon in Turkey, is a ...
Tags: Ferrero Group, Hazelnut Farm, Food
Switzerland headquartered - SGS SA has been awarded the China Compulsory Certification (CCC) approved laboratory status. Historically, only government institutions and state-owned enterprises were able to be accredited to this important ...
Vipal's Feira de Santana factory incorporates environmentally friendly practices such as rainwater collection and a wastewater treatment system. Vipal Rubber Corp. announced that it recently hosted retreading companies, including White's ...
Tags: Vipal, Retreaders, Auto Parts
The World Bank Group’s political risk insurance and credit enhancement arm Multilateral Investment Guarantee Agency (MIGA) will work in collaboration with Turkish flexible packaging company Elif Global to expand the latter’s ...
The US Department of Commerce (DOC) announced Wednesday the preliminary results of its administrative review of the countervailing duty (CVD) order on circular welded carbon steel pipe and tube (standard pipe) from Turkey. The review ...
Tags: Standard Pipe, countervailing duty
Keeping the Stockroom on Track in Less Floor Space Founded in 1961, Plasser American Corp. continues to serve the nation's freight railroads and high speed intercity and commuter systems. The product line includes an entire range of ...
Tags: Industrial Equipment, Components
The US Department of Commerce (DOC) announced Wednesday the final results of its administrative review of the antidumping order on welded carbon steel pipe and tube products (standard pipe) from Turkey. The review covered four ...
Tags: antidumping, steel pipe