International infant formula producers in China have announced their plans to lower the prices, a move which comes after the government initiated an investigation into alleged price fixing by foreign firms.
US-based Automated Packaging Systems has introduced FAS SPrint Revolution, which is designed for small to medium sized frozen and IQF packaging operations.
UK-based cheese manufacturer Futura Foods has sold 44% stake to Danish dairy firm Nordex Food for an undisclosed amount, as part of its efforts to strengthen its presence and bring Nordex's into the country.
Nestle S.A. is investing approximately 47 million Swiss francs ($48.7 million) to build a new facility in Malaysia to meet growing demand for its ready-to-drink beverages such as Nescafe, Milo and Nestle Low Fat Milk.
The U.S. Department of Agriculture said July 8 that private exporters have sold 840,000 tonnes of U.S. soft red winter wheat to China for delivery in the 2013-14 marketing year that began June 1, 2013.
