Arnaud de Weert has been named as president of O-I North America with the aim of improving productivity, driving down costs and developing new markets.
Gyulai Húskombinát is reportedly seeking a rescue package worth around €3.5m (1bn Hungarian forints) from the Hungarian government in order to stabilise its operations after rising energy, labour and raw material costs caused massive losses.
Russian processor Cherkizovo Group has reported"robust" growth in poultry and pork sales in the first six months of 2012, although lower prices have hit profits.
Canadian processor Maple Leaf Foods has reported improved profits for the second quarter, but warned that weather conditions could cause challenges in the year ahead.
The US Environmental Protection Agency (EPA) has said it is “reviewing” the meat industry’s petition to the EPA to waive the federal mandate on corn ethanol production during the drought that is sweeping the US.
The UK medicines retailer has slapped Holland and Barrett, the country’s biggest supplements and health product retailer, for carrying a mislabelled and unlicensed herbal supplement aimed at children.
The U.S. Senate will not take up a $383 million drought assistance package approved earlier Thursday by House lawmakers, meaning Congress will leave Washington for a five-week recess without approving support for farmers suffering from the worst drought i
Chobani Greek-style yogurt manufacturer Agro-Farma Inc. is celebrating a major legal victory in Canada, after the country’s Federal Court dismissed a bid by rival firms to keep it off shelves.
The CEO of Beam Inc. claims tequila will yield attractive global growth in the long-term, as his firm boosted sales of its core Sauza brand in H2 2012 after an indifferent few quarters.
Nestlé has launched a new beverage in the US called Juicy Juice Fruitfuls with 35% less sugar than regular juice, with the firm keen to tackle parental concerns regarding sugar intake.
The Russian government is to invest in the large-scale production of duck meat for the first time, in order to increase the competitiveness of the poultry industry.