Unilever Indonesia agrees to sell its spreads business to KKR & Co.
PT Unilever Indonesia, publicly listed manufacturer and distributor of consumer goods in Indonesia, announced the sale of its food spread business to KKR & Co. The deal has been agreed upon fo....
Cargill to pour in €12M in a chocolate production line at Mouscron
Cargill, the globally reputed corporation of USA, has recognized the growing demand of authentic Belgian chocolate and will be investing €12 million ($13.9 million) in a chocolate production....
Clariant opens fully owned additive manufacturing facilities in China
Clariant, a notable leader in the sphere of specialty chemicals recently announced the official opening of two new additive facilities at Zhenjiang, China. The opening of the fully owned facilitie....
Pizza Hut pledges to curb antibiotics from chicken wings by 2022
Pizza Hut, the American restaurant chain and famed pizza maker, has joined a growing list of fast food restaurants that are moving away from using chicken raised with antibiotics in their menu. ....
Singapore research lab to develop healthier food products for Asia
The National University of Singapore, agricultural business group Wilmar and the National Research Foundation have recently collaborated on the set up of a S$110 million facility that will be the ....
Coca-Cola makes a GBP 3 billion bid to acquire GSK’s Horlicks
Coca-Cola is competing with Nestle and Kraft Heinz to acquire Horlicks, the malted drink brand from the UK based pharmaceutical company GlaxoSmithKline (GSK). GSK announced in March that the co....
ExxonMobil contemplates importing LNG, plans gas field off Victoria
The popular Texas headquartered gas supplier ExxonMobil Corporation has made it to the headlines for announcing its decision to import liquefied natural gas. Seemingly, the company may have taken ....