WORLD NEWS
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Cargill forms new joint venture in Ecuador to bolster shrimp feed production
ECUADOR – American agribusiness Cargill and its partner Naturisa have agreed with Skyvest EC Holding to establish a new joint venture that aims to expand…
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Ferrero North America starts construction of US$214.4m Kinder Bueno production facility
US – Ferrero North America, a unit of the global sweet-packaged food company Ferrero Group, has broken ground on its new US$214.4 million Kinder Bueno…
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DSM updates animal feed vitamin fortification guidelines for optimum health and performance
NETHERLANDS – After almost 6 years, Dutch global health, nutrition, and bioscience, Royal DSM has revised its optimum vitamin nutrition (OVN) guidelines to help animals…
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Kellog reports better-than-expected Q3 financial performance of 9% revenue growth
US – Cereal and snacks giant Kellogg has posted a 9% increase in reported net revenue for its third quarter, driven by demand for its…
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Diageo snaps up American Single Malt Whisky distiller Balcones Distilling
US – Multinational alcoholic beverage company, Diageo plc, has acquired American Single Malt Whisky in the United States, Balcones Distilling (‘Balcones’), making the first full-scale…