WORLD NEWS
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Kirin terminates partnership with Myanmar brewery partly owned by military over coup
MYANMAR – Japanese drinks giant Kirin Holdings has announced its termination of a brewing partnership with Myanmar’s military after its generals overthrew the elected government…
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Fonterra joins forces with DSM to accelerate transition to methane free agriculture
NEW ZEALAND – New Zealand dairy co-operative Fonterra and Royal DSM, a global science-based company, have signed a collaboration agreement to accelerate the transition to…
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Ingredion’s 2020 full year profits drop 16% due to Covid-19
US – 2020 was not an easy year for many food companies and global food ingredients manufacturer Ingredient was not an exception. The Westchester, Illinois…
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Demand for alternative proteins to foster growth of insect food and feed markets in 2021 – IPIFF
GLOBAL – The insect food and feed markets are forecast to grow this year as consumer preferences continue to shift away from animal-based proteins. The…
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Carlsberg’s 2020 revenues plunge as Covid-19 takes toll on major revenue streams
DENMARK – Danish multinational brewer, Carlsberg has posted an 8.4% decline in organic revenue in its 2020 results, following significant impact to its on-trade channel…