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Industry News

  • Equity Firm to Acquire Equipment Maker Duravant

    Private equity firm Warburg Pincus entered a definitive agreement to acquire Duravant LLC, a provider of automation and engineered equipment to the food processing, material handling, and packaging sectors, from an Odyssey Investment Partners fund, the purchasing company announced by press release...

  • K-State Offers Workshop on Pneumatic Conveying of Bulk Solids

    The Kansas State Bulk Solids Innovation Center in Salina, KS is hosting a professional development workshop on pneumatic conveying of powder and bulk solids from Aug. 8-11, 2017, the institution announced Thursday. This course focuses on the design of pneumatic conveying systems, common pneumatic...

  • ADM to Collaborate with Anco on Specialty Feed Ingredients

    Archer Daniels Midland Company (ADM) formed a strategic collaboration with Anco Animal Nutrition Competence GmbH, giving ADM Animal Nutrition customers access to Anco’s range of specialty feed ingredients, the Decatur, IL-based agribusiness announced Wednesday. “This collaboration will...

  • Nestle Mulls Over Sale of U.S. Confectionery Business

    Swiss chocolate and confectionery firm Nestle launched a review of its U.S. confectionery business that will examine “strategic options” including a sale amid a downward trend of sales of chocolate and candy in America, a company press release announced Thursday. The review’s...

  • Chocolate Maker Ferrero Opens Innovation Center in Asia

    Italian chocolate and confectionery firm Ferrero recently opened its first innovation center in Asia to further advances in new raw materials and product research and development, health and nutrition, consumer insights and forecasting, the company announced Wednesday. Located in Singapore, the...

  • Chemical Firm Fined $171K for Role in Uncontrolled Fire

    Chemical maker Vertellus Specialties UK Limited was ordered by the Teesside Crown’s Court on June 12 to pay a fine totaling £135,000, or about $171,800 USD, after an “uncontrolled fire” in May 2014, the occupational safety regulator of Great Britain, Health and Safety...

  • Mondelez International Inaugurates R&D Center in Poland

    Global food, confectionery and beverage firm Mondelez International held an inauguration ceremony marking the opening of its newest research and development technical center in Wroclaw, Poland on June 7. Part of a $65 million investment in nine R&D hubs around the world, the Wroclaw location...

  • Dow to Launch GMO Corn Variety in North America

    Following a decision by the Chinese government to allow the importation of grain produced from a new Dow Chemical Company-designed variety of genetically modified (GMO) corn, Enlist, the Midland, MI-based firm plans to introduce the corn variety to U.S. and Canadian growers for the 2018 season....

  • Kraft Heinz Rebrands Food Ingredients Business

    Following the consolidation of two food ingredient product portfolios and recent product additions, The Kraft Heinz Company is rebranding its Kraft Food Ingredients business as Kraft Heinz Ingredients, a press release announced Wednesday. The move signifies “a new chapter for the company as...

  • ADM to Expand Peanut Flour Production in Georgia

    Archer Daniels Midland subsidiary Golden Peanut and Tree Nuts plans to invest in the expansion of its Blakely, GA production plant to boost capacity and purchase new quality control and cold storage technology, the American agribusiness announced Wednesday. “The demand for plant-based...