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Global Processing e-News

Food manufacturers focus on new products in 2013

June 7, 2013
The latest annual survey on research and development (R&D) among U.S. food manufacturers, reveals that almost half of the businesses will focus on brand new products in 2013.
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EPA: US water infrastructure needs $384 billion upgrade

June 7, 2013
The federal government will have to spend at least $384 billion on improvements of the country's drinking water infrastructure to make sure that the U.S. population is provided with safe water over the next 20 years.
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US imposes sanctions on Iran's petrochemical sector

June 5, 2013
The United States is imposing sanctions on Iran's petrochemical industry in a bid to cut off funds that the Islamic republic might use for developing its nuclear program.
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Canadian refineries ramp up crude exports from US

June 4, 2013
Canadian refineries are working to increase their use of crude oil from the United States, particularly from Texas and North Dakota.
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More than 100 killed in Chinese poultry plant fire

June 3, 2013
Officials said an ammonia leak may have contributed to the fire at the Baoyuan plant in Jilin province.
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FDA takes action against Indian pharmaceutical companies

June 3, 2013
Pharmaceutical company Hospira Inc. has been warned by the U.S. Food and Drug Administration (FDA) over lapses in the manufacturing of drugs, which were detected during an inspection of its facility in Irungattukottai, India, in October 2012.
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Statoil finds new oil reserves in North Sea

June 3, 2013
Shortly after it announced what is considered to be the biggest oil discovery in the North Sea for decades, Statoil said it had made a new discovery in the area, this time in the Grane field.
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Global petrochemical producers rethink strategies to remain competitive

May 22, 2013
Most petrochemical businesses have already come to the realization that the U.S. natural gas-based feedstock is giving those who use it a great advantage in terms of costs.
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Bird flu outbreak costs Chinese poultry industry more than $6.5 billion

May 20, 2013
The sector has been losing 1 billion yuan a day since the end of March as chicken-product sales continue to dwindle and prices plunge due to consumer fears over bird flu.
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Danone to invest $417 million in China's biggest dairy producer

May 20, 2013
French food-products company Danone has agreed to invest $417 million in two deals with China Mengniu Dairy Co., China's biggest dairy producer.
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