LATEST NEWS
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Fonterra posts US$422m profit after tax, to review Chile, Australian operations inline with strategy to prioritize New Zealand milk
NEW ZEALAND – Farmer owned multinantional dairy cooperative Fonterra has recorded a NZ$599m (US$422m) reported profit after tax for the 2021 financial year, as it…
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GFI invests US$5m alternative protein research as Hollywood star DiCaprio invests in cultivated meat
US – The Good Food Institute has awarded US$5 million in grants to support research in alternative proteins – a “powerful and scalable climate solution”…
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Barry Callebaut appoints new heads for procurement and human resource divisions
SWITZERLAND – Zurich-based cocoa processor and chocolate manufacturer Barry Callebaut has made new executive appointments in its procurement and human resource departments as it seeks…
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Spur Corporation attains profit gain as RocoMamas delivers star performance
SOUTH AFRICA – South Africa based fast–food chain operator, Spur Corporation has reported improved full year performance, a sign of a slow but positive recovery.…
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IFF debuts flavor for clean-label mayonnaise products, Duplaco ramps up algae production to meet soaring demand in Asia
US – American producer of flavors and fragrances IFF has launched Guardian Chelox 30C, a natural flavor that offers antioxidant, texturizing and moisture retention properties for mayonnaise and mayonnaise-based…