Walmart looking to appoint foreign executives as CFO after it completes Flipkart acquisition

INDIA – Walmart Inc., the world’s largest retailer is looking to appoint foreign executives as Chief Financial Officer (CFO), legal counsel and compliance officer at Bengaluru-based Flipkart once it completes the acquisition transaction. Revealing sources […]

Cambridge Commodities acquires ingredient business of Earth Circle Organics

USA – Cambridge Commodities, the UK based ingredient supplier has acquired the ingredient business of the American importer and distributor of raw and organic food, Earth Circle Organics LLC. The deal will see Earth Circle […]

New York based food processors halts food production on food safety violations

USA – New York food processors, Euroline Foods LLC and Royal Seafood Baza who jointly own a food processing facility have agreed to stop food preparation operations due to a possible Listeria contamination at the […]

SIG unveils a microwaveable hot drinks carton pack for on-the-go consumers

SWITZERLAND – SIG Holdings AG, the Switzerland based aseptic carton packaging and filling machines provider has developed an aluminium-free, microwaveable hot drinks carton pack, ‘Heat&Go’ targeting particularly Asia where on-the-go consumption is rising. The new […]

Canadian cooperative to invest US$1.28m in expanding grain handling capacity

CANADA – Canada’s Co-operative Régionale de Nipissing Sudbury is investing about US$1.28 million in upgrading the grain storage and handling capacity at its Temiskaming Agriculture Centre in Ontario. This involves building a 160-foot grain tower, […]

Egypt drops Dubai-based wheat supplier as it approves 120,000T in imports

EGYPT – Egypt through the General Authority on Supply Commodities (GASC) announced on July 18 that it had removed one of its key grain traders, Dubai based AOS from the list of its key suppliers […]

GEA partners with Almarai Company to build a modern dairy factory in Saudi Arabia

SAUDI ARABIA – GEA, one of the largest suppliers of technology for the food processing industry, has worked with Almarai Company in Saudi Arabia to build the nation’s largest and most modern dairy processing facility. […]

Chinese dairy manufacturer Mengniu revitalises organic milk using Tetra Pak solutions

CHINA – Mengniu, a leading Chinese dairy manufacturer, has upgraded its premium line of organic milk in collaboration with Tetra Pak, making it the first white milk in the world to use Tetra Prisma® Aseptic […]