WORLD NEWS
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Tyson Foods shuts down 4 facilities as products headwinds persists
US – Tyson Foods, the world’s second-largest processor and marketer of chicken, beef, and pork has announced its plans to shut down four chicken processing…
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Asahi Group creates global procurement subsidiary as growth slows in second quarter of the year
JAPAN – Japanese beverage holding company, Asahi Group, has established Asahi Global Procurement Pte. Ltd., a wholly-owned subsidiary in Singapore, aimed at enhancing the Group’s…
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British coffee roaster IKAWA partners with Bühler to explore innovation in roasting
UK – British coffee roaster IKAWA and leading Swiss technology group Bühler have partnered to create innovative ideas to address the needs between micro- and…
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Molson Coors makes first spirits acquisition with purchase of Blue Run Spirits
USA – Molson Coors, a multinational drink and brewing company, has reached an agreement to acquire the Kentucky-based craft whiskey and Bourbon company Blue Run…
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Market research company gives insights into consumer’s perspectives on plant-based meat category
GLOBAL – In a Plant-Based Protein executive summary, Mintel has delineated that consumers have abandoned the plant-based meat category citing taste, nutrition and price concerns…