Sugar & Confectionery
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Keurig Dr Pepper, Hershey report strong Q2 results as markets recover from pandemic downturn
US – Leading producer and distributor of hot and cold beverages Keurig Dr Pepper (KDP) and multinational chocolate company Hershey have reported strong second quarter results…
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Utz Brands makes 3 executive appointments to oversee growth ambitions post public listing
USA – Utz Brands, one of the largest snack food manufacturers in the United States, is bulking its executive ranks as it embarks on an…
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Nestlé invests US$70m to expand US facility as Undercover Snacks secures funds to grow ‘better-for-you’ snack brand
USA – Swiss-based food manufacturing giant Nestle has unveiled plans to invest US$70 million in expanding its facility in Burlington, Food Business News has reported. …
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Dangote, BUA, FMN prioritized sugar importers in Nigeria following massive investments in industry
NIGERIA – The Central Bank of Nigeria (CBN) has restricted importation of sugar into the country to be only undertaken by the three major industry…
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Cargill invests US$45m into production of soluble fibres to meet Europe’s demand for low-calorie products
EUROPE – American multinational food corporation Cargill is investing US$45 million into production of soluble fibers in an effort to meet demand for low calories products in…