WORLD NEWS
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Beneo acquires stake in Grillido to bolster its capabilities in protein alternative sector
GERMANY – Beneo, a leading European food-producing company that is involved in offering plant-based functional ingredients of food, feed and pharma, has acquired a 14%…
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Campbell Soup invests US$50m in consolidating snacking operations and expanding team
US – Campbell Soup, an American processed food, and snack company, has planned to invest US$50 million and add 330 workers at its New Jersey…
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Namuh and Ginkgo join forces to develop infant formula products that closely resemble breast milk
company involved in cell programming and biosecurity, to develop functional oligosaccharides structurally similar to breast milk. Human milk oligosaccharides (HMOs) are fibre-like nutrients found in…
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Hindustan Unilever raises royalties to UK parent company, CEO defends moves as strategic
INDIA – Hindustan Unilever, the Indian subsidiary of UK-based consumer goods company Unilever, has raised royalty payments to its parent company in appreciation for the…
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Boon to Ecuador cocoa sector as country signs free trade pact with China
ECUADOR – Ecuadorian food industry players, especially in the cocoa, have posited the free trade agreement (FTA) their government has signed with China as a…