LATEST NEWS
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Nestlé opens new US$340M Nescafé coffee factory in Mexico
MEXICO – Swiss multinational food and drink company, Nestlé, has opened a new US$340million Nescafé coffee factory in Veracruz, signaling a sourcing diversification at its…
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Nestlé introduces capsules made using 80% recycled aluminum to drive sustainability
SWITZERLAND – Nestlé, a Swiss multinational food, and drink processing conglomerate, has introduced Starbucks At Home by Nespresso capsules made using 80% recycled aluminum as…
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Northern Bloc ice cream company receives US$1.22M expansion funding
UK – Leeds-based Northern Bloc, the natural ice cream company, has received a £1.2million (US$1.22M) investment to double its ice cream production capacity. The investment…
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China oilseed production forecast up on favorable government policies
CHINA— United States Department of Agriculture forecasts China’s total oilseed production at 63.4 MMT in MY 22/23 based on planted area at 25.15 million hectares…
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Unilever raises full-year sales guidance after impressing Q2 performance
UK – Unilever, one of the biggest consumer companies in the world, has raised its full-year sales guidance after posting underlying sales growth of 8.8%…