Sugar & Confectionery
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Nestlé to halt production at New Zealand facility, develops new sustainable packaging for confectionery in UK
NEW ZEALAND – Swiss food manufacturing giant Nestlé has announced a proposal to relocate confectionery production from its Wiri, New Zealand factory to a larger…
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Egyptian snacks manufacturer Edita Food receives US$5.725m financing from NBK
EGYPT – Edita Food Industries, Egyptian leader in packaged snack food market has inked a medium-term financing contract worth EGP 90m (US$5.725m) with the National…
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Louis Dreyfus sells US sugar business to focus on global sugar trading business
US – Louis Dreyfus Company (LDC) has agreed to sell the business and assets of Imperial Sugar Company to US Sugar for undisclosed sum in…
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Barry Callebaut inaugurates third factory in India as demand for high-quality chocolate soars
INDIA – Leading manufacturer of high-quality chocolate and cocoa products, Barry Callebaut has inaugurated a new chocolate and compound manufacturing facility, located in Baramati, India.…
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SweeGen’s latest stevia ingredient Reb B achieves GRAS status
US – Food ingredients manufacturer SweeGen has achieved a milestone in the development of its stevia-based sweetener Bestevia Rebaudioside B after the compound received Generally…