Archives for September 23, 2004

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InBev buys controlling stake in Lion beer

InBev has acquired the remaining 50 per cent of Lion Group's beer business in China $131.5 million. The move gives the leading international brewer a 100 per cent controlling stake in the business, further enhancing its operations in the growing China...

Wheat and soy prices remain susceptible

Global prices for ingredients such as soy and wheat are still vulnerable to increases as global harvests could be impacted by weather risks and generally low stocks, something that will inevitably hit the China market hard as it is increasingly...

Siemens invests future in RFID

Siemens is to expand its RFID systems offering into the UHF range in order to lower customer warehousing costs, improve supply chain visibility and enhance tracking and tracing applications.

A low cost robotic arm for food production?

Researchers in the UK have developed a new robotic arm that is fully mobile, has accuracy that rivals industrial fixed robot arms and could cost significantly less.

Sweetener business booming for Tate & Lyle

Month-on-month growth for Tate & Lyle's zero calorie sweetener will offset a dip in figures at the firm's European starch operations as long term investment in added-value ingredients starts to pay off.

Investment key to IAWS bakery profit rise

Cunning investment, joint ventures and an expanding foods division have helped Irish baked goods and agribusiness group IAWS to increase pre-tax profits by 19 per cent for the year to July. But conditions in the agricultural sector remain tough,...