WORLD NEWS
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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…
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Industry report claims 2008 rice crisis scenario is unlikely in spite of price rises
GLOBAL- Despite the recent exponential rise in rice prices globally, a recurrence of the 2008 crisis scenario remains unlikely, according to the International Rice Statistics…
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General Mills to bolster its US frozen dough business through expansion
USA – General Mills, Inc. plans to invest US$48M in expanding its frozen dough plant in Joplin in a bid to increase the site’s manufacturing…
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Cargill reenters pet food market in Latin America
LATIN AMERICA- Cargill, a major player in commodity trading and the animal feed sector, is reentering the pet food market in Latin America, giving a…
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RAPS expands footprint with new baking ingredients line
GERMANY- RAPS GmbH & Co.KG, a specialist flavor company, recently announced plans to present its new ingredient range for the bakery industry and retail chains…