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Food & Beverage

Zhongpin to Build a New Production Plant and Complex in China

December 13, 2010
PRNewswire reports, Zhongpin Inc. announced plans to build a new production, research and development, test and training complex in its home city of Changge in Henan province of China. The
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Kraft Seeks Injunction Against Starbucks

December 6, 2010
The Associated Press reports, Kraft Foods Inc. is seeking a preliminary injunction against Starbucks Corp., saying that the coffee chain violated terms of a distribution deal. The two businesses began
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University Students Vote on Alternate Hummus Brands

November 29, 2010
Princeton University students voted in a referendum by a pro-Palestine student group on whether to expand the school''s hummus offerings, reports the Associated Press. Princeton University is located in
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Explosion at Chinese Chemical Factory Kills Four

November 22, 2010
An explosion at a chemical factory in northern China has killed four people and injured 37, state media reported, citing local authorities, reports the Associated Foreign Press. The blast occurred in
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India, Germany to Sign Joint Agreement on Food Processing Sector

November 15, 2010
India’s Agriculture Minister Sharad Pawar and Food Processing Minister Subodh Kant Sahai will sign a joint declaration with German Agriculture Minister Ilse Aigner to further strengthen bilateral cooperation in the
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FDA Staff Report Says Glaxo, Human Genome Lupus Medicine May Not Be Safe

November 15, 2010
U.S. regulators weighing approval of the first new treatment for the autoimmune disorder lupus said GlaxoSmithKline and Human Genome Sciences Inc.’s experimental lupus drug Benlysta may not be safe, reports Bloomberg.
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Tyson Foods Biofuels Plant Passing Quality Tests

November 8, 2010
Tyson Foods Inc. said that diesel fuel from its first biofuels plant is passing quality tests, reports the Associated Press. The fuel plant makes biodiesel from animal fat and other
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Directors of Maple Leaf Foods Quit

November 1, 2010
Two directors of Maple Leaf Foods Inc. resigned from the board over a dispute about the company''s plan to restructure its operations, Canada''s food processor said, reports the Associated Press.
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Savient Fails to Find Buyer

October 25, 2010
Shares of Savient Pharmaceuticals lost about half their value after the company said its efforts to sell itself did not yield results. Some analysts had expected the company to sign
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Mexico''s Alfa Buying Three Eastman Chemical Plants

October 25, 2010
Reuters reports, Mexican conglomerate Alfa is buying three plants from Eastman Chemical Co for $600 million, boosting its presence in the U.S. plastics market. One of the Eastman plants being
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