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RUSSIA – Global beer brewer, Heineken has launched two new PET bottles developed using PET Engineering's interchangeable insert system technology. The new bottle designs have been used for brands Tri Medvedya, Okhota and Okckoe by utilizing ITM solution- interchangeable inserts with a single mold. The bottles are simple, eye catching and are said to offer…
RUSSIA – Russia’s major grain trading companies have agreed to form a new association to foresee control over grain exports. The new union called the Russian Union of Grain Exporters (RUGE), was founded by Russia’s two largest grain traders - Russian firm RIF and the local grain office of global trade giant Glencore, as well…
RUSSIA - VTB Bank, one of the leading universal banks of Russia has reached an agreement to acquire a grain terminal from Novorossiysk Commercial Sea Port (NSCP), a leading commercial sea port operator for an undisclosed sum. The deal will enable the VTB bank have more control over Russia’s main deep-sea grain export hub. The…
RUSSIA – Ministry representatives from Kazakhstan, Iran and Russia have signed a Memorandum of Understanding on wheat trade, a step towards boosting trade cooperation between the countries. An AzerNews report stated that the memorandum was an integral part of the free trade zone agreement signed last year between the EEU (Eurasian Economic Union) member states…
RUSSIA – Amber Beverage Group, a subsidiary of the alcoholic beverages producer SPI Group has announced that it set to acquire a controlling stake in Permalko for an undisclosed sum. As part of the transaction, Amber Beverage Group will retain all of the Permalko operational management team and staff. According to the company, the acquisition…
RUSSIA - The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, has signed an agreement to acquire Inforum, a leading Russian B2B producer of chocolate, coatings and fillings, serving many of the well-known consumer chocolate brands in Russia. According to the company, the strategic acquisition will strengthen its presence and…
USA - BRF S.A, the Brazilian food company has registered a loss of US$32 million in the quarterly results despite rising domestic sales citing a difficult trading environment especially after trade bans imposed by Russia and Europe on Brazilian meat products. As a result of trade bans, the company was forced to send workers on…
RUSSIA - PepsiCo, Inc., the American multinational food, snack and beverage company has opened a new US$42.3 million baby food plant with a daily capacity of approximately 25 tonnes in Russia, reported FoodBev. The new plant will exclusively be used to produce cottage cheese and yogurt products for the company’s Agusha and Chudo Detki brands.…
RUSSIA - PepsiCo, Inc., the American multinational food, snack and beverage company has opened a new US$42.3 million baby food plant with a daily capacity of approximately 25 tonnes in Russia, reported FoodBev. The new plant will exclusively be used to produce cottage cheese and yogurt products for the company’s Agusha and Chudo Detki brands.…
RUSSIA - Kemin Industries, a global nutritional ingredient company through its initiative Kemin Crop Technologies, has launched Sal CURB B liquid product, an antimicrobial solution to secure feed hygiene in Russia. Sal CURB B liquid brings special synergistic combination of surface-active agents and powerful antimicrobial compounds in the feed chain. The new solution combines on…