WORLD NEWS
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Oatly trims full-year guidance, plans job cuts following third quarter loss
SWEDEN – Oatly, a producer of milk substitute made from oats, has initiated an organization structure review that will enable it to have annual savings…
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Swiss chocolate wafer producer Kägi partners Bühler to build smart factory
SWITZERLAND – Swiss chocolate wafer producer Kägi is partnering with leading food equipment supplier Bühler to build a smart factory where the entire machine park…
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ofi expands its innovation capabilities with a new Customer Solutions Center in Singapore
SINGAPORE – Global supplier of food and beverage ingredients Olam food ingredients (“ofi”), is scheduled to open a new Customer Solutions Centre (CSC) in Singapore…
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Russia sets new conditions for extension of grain export deal with Ukraine
SWITZERLAND — Commodity traders will have to wait a little longer for a deal extending the current grain export agreement between Russia and Ukraine to…
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Flow Beverage Corp. divests Verona facility to BioSteel Sports Nutrition, signs distribution agreement with Foodbuy
US – Alkaline water company Flow Beverage Corp. has divested all the assets of its Verona production facility in Virginia state to BioSteel Sports Nutrition…