All articles by j skinner
j skinner
New packer in Alberta
Cattle Buyers Weekly reported that, Rich Vesta, former VP and COO of Smithfield Beef Group, and subsequently president of the Beef Division of JBS, is set to acquire the former Ranchers Beef Ltd. Plant in Balzac, Alberta, which has been closed since 2007. Sunterra Farms, the current owner has agreed the purchase and the new company will be called Harmony Beef.
Tyson stop buying Canadian cattle
Tyson Foods’ decision to stop buying Canadian cattle shipped directly to its US beef plants in order to cut costs could impact thousands of industry jobs in the Pacific Northwest, says a Canadian cattlemen’s representative.
The future of 3D printed faux leather
Renowned entrepreneur in tissue engineer Andras Forgacs is working on £D printing technology to produce animal products, like leather, without the animal.
Cargill announce feedlot closure
After operating since 1985 and now handling more than 120,000 cattle annually, the Cargill, Inc. yard in Lockney Texas will shut down next summer, according to reports in The Plainview Daily Herald, but no date has been set for the closure.
Clariant intends to acquire Indian masterblatch producer
• Clariant Chemicals (India) Limited intends to acquire Plastichemix Industries
• Synergies in product portfolio and customer base to boost masterbatch business
Clariant Opens New Innovation Center in Frankfurt
At the end of October, Clariant officially opened its new €100 million Clariant Innovation Center (CIC) in Frankfurt, Germany.
Louis Vuitton shows lacklustre sales from their classic logo
While its shares have slightly risen since the start of 2013, Moet Hennessey Louis Vuitton (LVMH) reported lacklustre sales for its third quarter, $9.5 billion, which is in stark contrast to sales growth of at least 10% over the past 20 years. Growth for the company’s fashion and leather division quarter slowed to an optimistic 4% for the first nine months of 2013 over the same period last year.
Clariant to divest its Detergents & Intermediates
Clariant, a world leader in specialty chemicals, has signed an agreement to divest its Detergents & Intermediates business to International Chemical Investors Group (ICIG).
Mulberry’s profits eaten up by rise in leather prices
Mulberry’s half-year profits fell because hard-up consumers ate less beef and the shortage in cow hides drove up leather prices