Lion
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China corn output to reach 148 million tons
ResearchInChina has released a report entitled China Corn and Corn Deep Processing Market Report, 2006-2007 . It was estimated by China National Grain and Oils Information Centre in February, 2008 that China's cultivated areas of corn were about …
Lion | 16 September 2008
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JBT Corp: Two major foodtech orders totaling $28M
JBT Corporation has announced two contracts worth in total $28 million. The first order is a $17 million contract to provide coating, frying, cooking and freezing solutions at a new meat and poultry plant in North America. The process solution…
Lion | 12 August 2008
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US demand for pouches to reach $7.9 billion in 2012
Demand for pouches in the US is forecast to climb 6.1% per year to $7.9 billion in 2012, stimulated by robust growth for stand-up pouches and healthy gains for flat pouches in a number of markets, says Freedonia Group. Unit demand is expected to i…
Lion | 28 July 2008
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Heinz achieves record sales of over $10 billion
H. J. Heinz Company has reported strong earnings and sales growth for Fiscal 2008 as annual sales eclipsed $10 billion for the first time in the company’s history. Earnings per share rose 11% to $2.63 from $2.38 from continuing operations in the …
Lion | 03 June 2008
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World industrial valves market to reach $72 billion by 2010
According to new report by Global Industry Analysts, Inc. new investment, upgradation of existing facilities and technological developments are driving the market for industrial valves. Environmental legislations also play a key role in determini…
Lion | 20 March 2008
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Rexam reports efficiency savings of £32 million in 2007
Rexam, the global consumer packaging company and the world's leading beverage can maker, announces its audited results for the full year 2007. The company saw strong sales growth of 11% from ongoing operations. Profits were impacted by aluminium …
Lion | 27 February 2008
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UN: $100 MILLION TO FEED INDONESIA’S POOREST
The United Nations World Food Program has appealed for $98 million for a three-year project to feed the hungry in Indonesia, where millions of children are malnourished. The yet-to-beraised funds will provide 840,000 Indonesians with direct food aid,…
Lion | 01 January 2008
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Coca-Cola Amatil confirms $200 million beverage manufacturing project in Australia
Coca-Cola Amatil (CCA), Australia’s largest producer of non-alcoholic beverages and packaged fruit and vegetable products, confirmed a $200 million manufacturing development project at two sites in western Sydney will go ahead. Following approval …
Lion | 14 December 2007
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Indian Govt to pump Rs 500 billion in food processing Industry
The Indian government has envisaged an investment of Rs 500 billion (US$14.28 billion) in the food processing industry during the 11th Five Year Plan. The investments will be made in a strategic manner by the government, financial institutes and priv…
Lion | 07 December 2007
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Novozymes completes million-dollar acquisition of India-based Biocon
Danish company Novozymes A/S said it has completed the acquisition of the enzyme activities of Biocon Limited in Bangalore, India. Biocon’s activities will be integrated into Novozymes’ existing Indian and global activities and included in Novoz…
Lion | 08 October 2007
