Olam International successfully completes US$1.5bn debt refinancing

SINGAPORE – Global food and agri-business Olam International Limited and its wholly owned subsidiary, Olam Treasury Pte. Ltd, have secured a multi-tranche revolving credit facility aggregating US$1.525 billion. The Facility consists of three tranches; a […]

McCain Foods to invests US$300m to expand production capacity in Washington

USA – Frozen potato and snack food products manufacturer, McCain Foods USA has initiated construction of a US$300 million expansion project in Washington, US. The company said the investment includes a new state-of-the-art battered and […]

Ball Corp to build US$200m aluminum cups manufacturing site in US

USA – Aluminum packaging solutions provider, Ball Corporation will be investing approximately US$200 million in constructing  its first dedicated aluminum cups manufacturing facility in Georgia, US. Ball Corporation said that the facility will serve the […]

Danone and FAO team up to foster sustainable diets and food systems

ITALY – Danone, owner of iconic brands such as Dumex and Aptamil has agreed to work together with the Food and Agriculture Organization of the United Nations (FAO) to improve global nutrition and food safety […]

The PepsiCo Foundation and The Recycling Partnership raise $25m for US recycling

USA – The PepsiCo Foundation, the philanthropic arm of food and beverage PepsiCo Inc., in collaboration with The Recycling Partnership have raised US$25 million to accelerate their plastic recycling efforts in the US. In July […]

Cargill plans US$225m investment to expand its Sidney soybean processing facility

USA – Multinational agribusiness company, Cargill is planning to invest US$225 million at its soybean crush and refined oils facility in Sidney, Ohio to modernize its operations and expand the facility’s crush capacity. Cargill said that […]

Danone enters into a strategic partnership with plant-based food firm Forager

USA – Danone Manifesto Ventures, the venture arm of global food and beverage company Danone, has made a minority investment in San Francisco-based plant-based food and beverages company Forager Project. Through the investment, Danone Venture […]

Müller launches new yogurt range in the UK to disrupt luxury yogurt segment

UK – Müller will be launching the its first ever mascarpone inspired product in the UK, Müller Bliss Mascarpone Style Yogurt available in two variants as it continues to disrupt the luxury yogurt segment in […]

China to intensify international cooperation to enhance food security

CHINA – China will be intensifying international cooperation with other countries to jointly enhance global food security as well as continue to expand and diversify sources of food imports to balance its own food security. […]