The sale is expected to be completed in the first half of 2024, with proceeds to be used to repay debt EG Group announces that it has entered into a definitive agreement to sell all its 218 KFC franchise restaurants in the UK and Ireland to Yum! Brands’ KFC Division.[Read More…]
Company News
Food Tech Valley to construct GigaFarm innovative waste-to-value farm in UAE
The site will support the UAE’s move towards decarbonising food production, replacing 1 per cent of the country’s fresh produce imports Food Tech Valley has signed an agreement at COP28 with ReFarmTM to start construction on a 900,000 sq. ft. game-changing “GigaFarm”. The innovative waste-to-value farm will be capable of recycling[Read More…]
Nestlé to move lower carbon alternatives for shipping
By switching to cargo ships that use fuels made from waste, such as used cooking oil, the company aims to reduce its annual greenhouse gas emissions from shipping by around 200,000 metric tonnes of CO2 equivalent Working with three of the world’s largest shipping companies, Nestlé will move the equivalent of half[Read More…]
Arla Foods Ingredients partners with ENORM to reduce food waste
Arla Foods Ingredients estimates that the partnership will enable its Danmark Protein facility to achieve a significant (16 per cent) reduction in food waste Arla Foods Ingredients has teamed up with ENORM, Northern Europe’s largest insect farm, in a partnership that will significantly reduce food waste. Delactosed permeate (DLP) is[Read More…]
Australia releases report for inquiry into food security
The Committee has made 35 recommendations to address food security in Australia The Australian Parliament’s Agriculture Committee has released its report for its inquiry into food security in Australia. The inquiry examined ways to strengthen and safeguard Australia’s food security, focussing on production, supply chains and key inputs, as well as climate change,[Read More…]
Lactocore and Ingredia collaborate on innovative functional food ingredients
The primary objective of this cooperation is to create a new functional food product for humans, pets and farm animals Biotech startup Lactocore Group has initiated a research partnership with Ingredia SA, a French dairy company specialising in developing and manufacturing innovative food and bioactive ingredients. The primary objective of[Read More…]
Israel’s EFISHient Protein unveils first prototype of tilapia fish fillet for commercial production
This achievement represents a significant step forward in the company’s ability to produce a diverse range of sustainable white fish species Israel-based EFISHient Protein, a pioneering B2B food-tech company leading the cultured white fish industry, has achieved a breakthrough by successfully developing its first prototype of a sustainable layered Tilapia[Read More…]
Kalsec opens new finishing and distribution centre in Singapore
Kalsec’s latest investment is a valuable addition to our local ecosystem engaged in food research and manufacturing and creates exciting job opportunities for Singaporeans With the opening of Kalsec Inc.’s Finishing and Distribution Centre in Singapore, the company continues expanding its international footprint to serve food and beverage brands and manufacturers[Read More…]
Smithfield Foods to end grower contracts in Utah
Utah measures latest action to address sustained hog market downturn Smithfield Foods will end contracts with 26 hog farms in Utah to optimize its supply chain for more efficient operations in the face of an industry oversupply of pork, weaker consumer demand and high feed prices. The contract terminations will result in[Read More…]
Yakima Chief Hops announces FWD, a new hop innovation program
Participating brewers will be granted access to the newest, not-yet-commercialised HBC varieties and products in Yakima Chief Hop’s innovation pipeline Yakima Chief Hops (YCH), a 100 per cent grower-owned global hop supplier, has partnered with Yakima Chief Ranches to launch FWD, a new hop innovation program focused on data-driven decisions and community involvement. Participating brewers will[Read More…]
