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Industry News

  • Monsanto Refuses Terms of Bayer Buyout Bid

    Monsanto announced Tuesday that its board of directors unanimously determined that German chemical company Bayer AG’s recent buyout offer is “incomplete and financially inadequate.” While the St. Louis-based agricultural giant rejected the terms of Bayer’s initial proposal...

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  • Missouri Grain Handling Company Fined $42k by OSHA

    A Missouri grain handling company faces $42,000 in proposed fines after 13 safety violation citations were issued the US Department of Labor’s Occupational Safety and Health Administration (OSHA), the agency announced Monday by press release. First Missouri Terminals Inc., operating as...

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  • Kellogg Sued for Alleged Deceptions in ‘Whole Grain’ Label

    The Kellogg Company is facing a lawsuit after a complaint was filed in federal court alleging that the label for the Whole Grain Cheez-It crackers misleads customers because the product mostly contains enriched white flour, several news organizations recently reported. The complaint was filed on...

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  • Heat Exchanger Market to Reach $19 Billion by 2021

    The value of the global market for heat exchanger equipment is estimated to total $19.14 billion by 2021, a recent report said. Currently valued at $12.94 billion in 2015, the market is expected to grow over the next five years at a compound annual growth rate (CAGR) of 8.2%, the study by Markets...

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  • Chemical Activity Barometer Accelerated Again

    The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), expanded 1 percent in May following a revised 0.8 percent increase in April and 0.1 percent increase in March. All data is measured on a three-month moving average (3MMA)....

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  • Dow and DuPont Announce Senior Leadership of DowDuPont Inc.

    The marriage between Dow Chemical and DuPont is not yet consummated, but that has not stopped the couple from announcing their plans for the future. In a joint press release Monday, the companies named DowDuPont Inc.’s senior leadership team, who would assume their roles if the proposed...

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  • Nestle Praises New FDA Nutrition Facts Label Final Rule

    In response to a US Food and Drug Administration (FDA) final rule making changes to the nutrition and supplemental facts labels on food products issued Friday, Nestle made a statement Monday praising the agency’s ruling. “Nestle applauds the FDA for taking these bold steps that will...

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  • OSHA Releases 2016 Spring Agenda

    The US Department of Labor’s Occupational Safety and Health Administration issued its semiannual regulatory agenda on May 18, naming 32 items for specific regulatory actions, the National Law Review reported Monday. The number of items on the agenda increased from 22 listed in last year...

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  • Filling and Weighing Systems Webinar

    Filling and weighing systems allow manufacturers to dispense dusty, hazardous materials during pack-off in a controlled and hygienic manner. On Wednesday, June 15 at 2pm (Eastern), Hosokawa will host an educational webinar on filling and weighing system designs to maintain the highest standards of...

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  • Sugar Shortage Halts Venezuela Coca-Cola Production

    Would you like to buy the world a Coke? Consider Venezuela. In response to a sugar shortage, Coca-Cola FEMSA announced that it was suspending production in Venezuela, Fortune reported Friday. The Mexican multinational, the largest bottler of Coke in the world, said the shortage might last for...

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