WORLD NEWS
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Corbion expands lactic acid capacity to meet rising demand for natural food preservatives
NETHERLANDS – Dutch food and biochemicals company Corbion is launching an initiative to increase its capacity for producing lactic acid and lactic-acid derivatives in response…
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Czech online grocer Rohlik secures funding to accelerate expansion into more European markets
CZECH – Rohlik, a leading European online grocer based in the Czech Republic, has raised €190 million (about US$229.62 million) in funding to accelerate the…
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Kraft Heinz bolsters sustainability efforts with use of recycled plastic as roofing material
US – American multinational food company Kraft Heinz, has installed new roofs made of recycled plastic packaging on manufacturing facilities in Beaver Dam, Wisconsin, and…
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Diageo completes purchase of Chase Distillery as its company secretary retires
US – British alcoholic beverages manufacturer Diageo has completed its acquisition of British gin and vodka maker, Chase Distillery, following regulatory clearance amid competition concerns.…
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Danone CEO to step down even as the French dairy invests in Spain
FRANCE –Emmanuel Faber, Chief Executive Officer (CEO) and President of the French dairy multinational Danone, will step down from his role as CEO after the…