LATEST NEWS
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Hillenbrand completes Schenck Process Food and Performance Materials acquisition
USA- Hillenbrand Inc., a diversified industrial company, has acquired Schenck Process Food and Performance Materials (FPM) for an enterprise value of approximately US$730 million. Hillenbrand…
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Oman seeks to bolster wheat production under various farming contracts
OMAN- The Oman Ministry of Housing and Urban Planning recently inked 40 usufruct agreements aimed at initiating food security and wheat production initiatives in the…
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Australia poised to lower wheat forecast as El Nino curbs output
AUSTRALIA- Traders and analysts anticipate that Australia will probably revise its wheat production estimate for the 2023/24 season downward by approximately one million metric tons. …
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Kenyan maize farmers to smile all the way to bank as state plans on fair prices for the staple
KENYA – Kenya plans to purchase at least 1 million bags of maize from local farmers as part of the nation’s Strategic Food Reserve strategy…
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PepsiCo makes a mega comeback in Indonesia with a new snack factory
INDONESIA – US food and beverage giant PepsiCo has announced a substantial investment of US$200 million to build a new snack factory in Indonesia, a move…