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Industry News

  • USDA, FDA to Cooperate on Food Safety and Biotechnology

    A formal agreement was signed on Tuesday geared at furthering interagency cooperation of the U.S. Food and Drug Administration (FDA) and the U.S. Department of Agriculture (USDA) in produce safety and biotechnology issues and providing guidance to manufacturing firms, the agencies announced in a...

  • BASF Plans $150M Expansion of Gulf Coast Chemical Complex

    German chemical firm BASF will inject $150 million into its Geismar, LA chemical complex to boost its capacity of methylene diphenyl diisocyanate (MDI) from 300,000 MT to about 600,000 MT, the company announced in a press release Wednesday. The firm will construct a new MDI synthesis unit in the...

  • Cargill Invests $4.2M in Grinding Plant Equipment Upgrade

    Moving to boost the grinding capacity of its plant in Columbia, SC, Cargill Protein plans to invest $4.2 million in an expansion effort at the site that includes the purchase of new grinding equipment for production of ground beef. Slated for completion this May, the machinery will expand the...

  • Hopper Eyed as Source of Fire in Large Malt Plant Blaze

    A large fire broke out Monday night at the Bairds Malt Ltd malting plant in Grantham, England, promoting the response of more than 50 firefighters. “We believe one of the fires to have been in one of the hoppers or an element of the hopper on the seventh floor,” a firefighter who was...

  • Raymond Bartlett Snow Now in One Location

    The Chicago area-based operations of Raymond Bartlett Snow are now located under one roof. The business office previously located in Warrenville, IL has relocated to establish the company’s global headquarters at its applications development and R&D laboratory in Naperville, IL. ...

  • ExxonMobil to Invest $50B in Expansion of U.S. Operations

    Oil and gas company ExxonMobil announced plans Monday to invest some $50 billion into the expansion and improvement of its U.S. operations over the next half-decade, with the company’s top leader attributing its decision to recent tax reforms signed into law by President Donald J. Trump. A...

  • ArcelorMittal Invests $4.8M in Dust Collector Upgrade

    Steel manufacturer ArcelorMittal S.A. is investing CAD$6 million, or about $4.8 million, to replace the dust collector at its Contrecoeur-West steelworks in Quebec to improve performance and safeguard employees and the surrounding community, the firm announced in a Jan. 25 press release....

  • Cargill Expanding Potato Starch Production at Danish Plant

    American agribusiness Cargill and its partner, Danish potato starch producer AKV Langholt AmbA, plan to invest $22.5 million in a new production unit for potato starch products at a Langholt plant in Denmark. The investment will expand production of Cargill’s SimPure portfolio of native...

  • Tyson Foods Takes Stake in Producer of Lab Grown Meat

    Positioning for innovation amid rising global demand for animal protein, one of the world’s largest meat processing firms is investing in a new startup that produces meat from animal cells in a laboratory. Springdale, AR-based Tyson Foods announced on Monday that its venture capital arm,...

  • Keurig and Dr. Pepper Owners to Merge in $21B Deal

    The maker of Keurig K-Cups and the owner of the Dr. Pepper and Snapple beverage brands plan to form a North American beverage industry powerhouse through a proposed merger announced in a press release Monday. The proposed business, Keurig Dr Pepper (KPD), will be formed through a combination of...