Supplier News & Innovations
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IFF doubles down on portfolio optimization strategy with deal to sell microbial control unit to Lanxess for US$1.3 billion
USA – International Flavors & Fragrances (IFF) has signed a deal to sell its microbial control unit to German specialty chemicals maker Lanxess as part…
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Louis Dreyfus to build coffee facility in Vietnam as Cargill eyes greater share of Asia-Pacific’s chocolate market
VIETNMAN – Agricultural commodity trading giant Louis Dreyfus Company (LDC) is expanding its presence in Vietnam through a new joint venture agreement with Poland-headquartered private…
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Arla Food Ingredients introduces new concept for protein bars as Kendamil debuts world’s first baby formula ice cream
DENMARK – Arla Foods Ingredients is launching Lacprodan SoftBar, a new concept to help manufacturers create protein bars that offer healthier indulgence without compromising on…
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SIG commissions second plant for aseptic carton packaging in China
CHINA – Switzerland-based supplier of aseptic packaging solutions SIG has commissioned a new plant in China as part of efforts to expand its presence in…
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Huhtamaki to expand presence in flexible packaging market with US$483m acquisition of Elif
TURKEY – Finnish food packaging specialist Huhtamaki is set to expand its position in the flexible packaging market with a US$483 million acquisition of Turkish-based…