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Food Industry Update

Post Holdings to acquire MOM Brands for $1.15 billion

Post Holdings has entered into a definitive agreement to acquire MOM Brands, maker of branded ready-to-eat and natural cereals, hot wheat and oatmeal, for approximately $1.15 billion.
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Speakers announced for Food Processing Suppliers Association annual conference

The Food Processing Suppliers Association (FPSA) has announced its slate of speakers for the beverage track of breakout sessions at the 2015 FPSA Annual Conference taking place March 18-20 at the Omni Resorts La Costa in Carlsbad, California.
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Waste from olive oil production turned into power

Waste from olive oil processing can be converted into energy for fuel cells, helping to power the processing plant and also reducing environmental damage.
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Poultry processors face new standards

New federal standards relating to poultry products have been put forward by the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS).
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Consumer demand, equipment innovation driving processing market for fruits & vegetables

The global market for processed fruits & vegetables was valued at around $188 billion in 2013 and will be worth $240 billion by 2019.
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Meat processor JBS Australia to acquire Primo Group for $1.25 billion

JBS Australia, the largest meat processing company in Australia, has agreed to acquire Primo Group, the largest ham, bacon and small meat products producer in Australia and New Zealand.
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Electronic 'tongue' tests quality of food, water, pharmaceuticals

Researchers in Ukraine have developed an electronic tongue with a silicon surface that they say could be used to quality-check food and drinks and might also have applications in medical diagnostics, pharmaceutical testing and environmental monitoring.
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New process improves taste of alcohol-free beer

A new process developed by researchers in Spain helps improve the smell and the taste of alcohol-free beer by adding aromas from regular beer.
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New facility in Australia aims to boost food processing industry

The University of Sydney has opened a new training center for the food processing industry.
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Cargill partners with ConAgra to bring Hunt's, ACT II brands to Brazil

Under the partnership, Cargill will distribute Hunt’s products produced at ConAgra Foods plants in the United States, specifically tomato ketchup, yellow mustard and barbecue sauce.
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