WORLD NEWS
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Fonterra pulls back from the plan to sell Australian arm
AUSTRALIA – Global dairy nutrition company, Fonterra, has withdrawn plans to sell its Australian arm, saying business in the country is “going well”. On the…
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Supply disruptions in global rice supply shift demand
GLOBAL— Severe disruptions in India’s Pakistan’s and Europe’s rice suppliers combined with a soaring demand for the grain could break the fragile balance between supply…
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Innovafeed secures US$250m funding to accelerate international expansion
FRANCE— French insect protein company, Innovafeed has raised US$250 million in Series D funding, to continue to increase production capacity in France through the further…
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FreezeM and Hermetia partner to optimize insect protein production
ISRAEL— Insect biology specialist FreezeM Cryogenics Ltd and Insect industry pioneer, Hermetia Baruth GmbH have set up a strategic alliance for the joint production and…
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Ball Corporation divests Russia’s beverage packaging business to Arnest Group
RUSSIA – Ball Corporation, the world’s leading provider of innovative, sustainable aluminum packaging, has announced the completion of the sale of its beverage packaging business…