LATEST NEWS
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Drought-like conditions dampen India’s rice production outlook in MY2022/23
INDIA – Drought-like conditions in India’s major rice and sugar-producing regions have dampened product forecasts for the market year (MY) 2022/23, according to a recent…
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Roquette launches organic pea ingredients as Ingredion plans to measure ingredient sustainability
FRANCE — Roquette, a French-based global leader in plant-based ingredients, is launching a new line of organic pea ingredients, including organic pea starch and organic…
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Business deals: Advent International, Wilbur-Ellis to merge business units, SunOpta sells sunflower business
NETHERLANDS — Advent International and Wilbur-Ellis have reached an agreement to merge their life sciences and specialty chemicals solutions businesses, Caldic B.V. and Connell, to…
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Nestlé reports 9.2% revenue rise in Q3 results, advances inflation costs to customers through price increase
SWITZERLAND – Nestlé has delivered strong organic growth in the nine months of sales after successfully passing on price increases to customers to reflect inflation.…
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Starbucks to divest Seattle’s Best Coffee brand to Nestlé
SWITZERLAND – Coffee giant Starbucks plans to divest its Seattle’s Best Coffee brand to Swiss multinational food and drink processing conglomerate corporation, Nestlé. The transaction,…