WORLD NEWS
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Suntory Group invests US$912m in renewable energy transition as Pilgrim’s UK targets net zero by 2030
JAPAN – Japanese beverage giant, Suntory Group is investing US$912 million in transitioning all its facilities to renewable energy as part of efforts to meet its…
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Lactalis India hopeful of sales recovery post-pandemic, targets revenues of US$602m in FY21-22
INDIA – Lactalis India, a subsidiary of French firm Groupe Lactalis, is eyeing a turnover of Rs 4,500 crore (about US$602.7 million) in the 2021/22…
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FAO forecasts bumper cereal harvest in 2021/22 despite poor weather
GLOBAL – The food and agriculture organization (FAO) has projected global cereal production in 2021 to reach 2 821 million tonnes, a 1.9 percent increase from…
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Aleph Farms closes $105M funding round to bring cell-based meat to market in 2022
ISRAEL – Aleph Farms, an Israeli cultured meat startup, has received US$105 million in a Series B investment round to scale up manufacturing capabilities in readiness for a…
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Kaak’s baking equipment solutions to operate under one brand name as company celebrates 175 years
NETHERLANDS – Kaak, an international leader in stand-alone machines and complete bakery lines, is bundling all specializations in the organization within one brand name: Kaak in line…