• 16 February 2012

    Mars to open production unit in Saudi Arabia

    US-headquartered confectionery giant Mars plans to set up a production facility in King Abdullah Economic City (KAEC), Rabigh, Saudi Arabia, with an investment of SAR225m ($60m).

  • 15 February 2012

    Corn Products to be renamed Ingredion

    Corn Products International, a US-based food ingredient company, has announced plans to change its name to Ingredion in order to shed its image of an agricultural firm and present itself...

  • 15 February 2012

    Kellogg to buy P&G’s Pringles for $2.7bn

    US-based cereal maker Kellogg has entered into an agreement to buy potato and wheat-based snacks brand Pringles from Procter & Gamble (P&G) for $2.695bn, as part of its strategy to...

  • 14 February 2012

    FDA seeks to bolster food safety with US 2013 budget

    The US Food and Drug Administration (FDA) is seeking $253m to boost its food safety budget for fiscal 2013, directed toward the Transforming Food Safety Initiative, a programme aimed at...

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