WORLD NEWS
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Nestle bolsters plant-based capabilities with new partnership for microalgae development
SWITZERLAND- Swiss multinational food and drink processing conglomerate Nestlé has entered into a new partnership with Netherlands-based Corbion for the development of microalgae ingredients. Corbion expanded…
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Coca-Cola, PepsiCo earnings to take a hit from disruption of operations in Ukraine, Russia
UKRAINE – World’s largest soft beverage makers Coca-Cola and PepsiCo expect a major hit on their finances following disruptions of their operations in Ukraine and…
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Diageo strengthens presence in North America RTD segment with launch of new US$110m canning facility
USA – Diageo North America is expanding its capacity for ready-to-drink (RTD) beverages with the opening of a new canning facility in Plainfield, Illinois. The owner…
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Glanbia receives greenlight to build US$155m cheese plant in Ireland
IRELAND – Irish global nutrition group Glanbia has won the battle over a planned €140m (US$155m) cheese production plant that was subject to a two-year…
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French dairy Lactalis reopens Ukraine factory but war continues to impact operations
UKRAINE – World’s largest dairy company Lactalis has resumed output at a factory in Ukraine where production had been halted amid nearby fighting. A spokesperson…