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Food & Beverage

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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Tracking Diseased Livestock an Issue for US

February 22, 2010
According to Bloomberg, the meat industry is up in arms over a federal decision to abandon a $120 million livestock-tracking system designed to limit the economic and human-health impact of
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China Reports Most Melamine-Tainted Milk Destroyed

February 15, 2010
Reuters reports most of the melamine-tainted dairy products, which have resurfaced in China recently have been destroyed, and none of them have hit shelves or been exported, state media
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