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Food & Beverage

China''s Zhongpin Pork Processor''s Net Income Rises

May 10, 2010
According to the Associated Press, Chinese pork processing company Zhongpin Inc. said that its net income rose 37 percent in the first quarter as its sales rose. For the three
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South Africa Secures Corn Deals, Prevents Collapse

April 26, 2010
Bloomberg reports South Africa is preparing to reap the biggest corn harvest since 1982, by securing deals to sell excess grain to the World Food Program and nations such as
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Texchem to Expand Asean Seafood Ops

April 26, 2010
Texchem Resources Bhd plans to set up a second seafood processing facility in the Asean region and expand its disposable medical devices manufacturing activities. Indonesia was a potential location for
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Coca-Cola Buys Majority of UK Fruit Drink Company

April 12, 2010
According to the Associated Press, Coca-Cola will increase its stake of Innocent Drinks to take a majority ownership of the British fruit and smoothie drinks maker, although Innocent will retain
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Global Ready Meals Market to Exceed $81 Billion by 2015

April 5, 2010
GIA announces the release of a comprehensive global report on Ready Meals markets. The world market for ready meals is projected to exceed $81 billion in terms of value by
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Impurities in Glaxo Vaccine Will Lead to Significant Sales Loss

March 29, 2010
According to Bloomberg, UK-based GlaxoSmithKline is set to lose more than one month''s sales of its Rotarix vaccine against gastroenteritis in the U.S. after impurities in the product were
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Judge Allows Genetically Engineered Beet Harvest

March 22, 2010
The Associated Press reports a federal judge has said farmers can harvest their genetically engineered sugar beets this year, ruling the economic impact too great and that environmental groups waited
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China to Boost Food Safety Measures after Scandal

March 15, 2010
China will step up food safety efforts in the wake of a massive dairy scandal, expanding supervision to reach more of the country''s countless small farms, an agriculture official said,
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IBM Makes Earth-Friendly Plastic from Plants

March 15, 2010
According to the Associated Foreign Press, IBM researchers have discovered a way to make Earth-friendly plastic from plants that could replace petroleum-based products that are tough on the environment. "This
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EU Approves Genetically-Modified Potato

March 3, 2010
According to the Associated Press, the EU has approved the cultivation of a genetically-modified potato and the use of three types of altered maize in food and feed production, saying
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