The definitive agreement for the merger of IFF and DuPont’s Nutrition & Biosciences (N&B) business in a Reverse Morris Trust transaction. The deal values the combined company at $45.4 billion on an enterprise value basis, reflecting a value of $26.2 billion for the N&B business based on IFF’s share price[Read More…]
Company News
Danone Waters brands pledge to accelerate the journey towards carbon neutrality
Four Danone brands have committed to reaching net-zero carbon emission in the coming years: Evian in 2020; Lanjarón and Volvic by 2025 and Font Vella by 2030. As a global food and beverage company, Danone recognizes the urgency of the climate challenge, and its brands are responding by taking tangible[Read More…]
The 5th Grand Edition of Nutrition & Wellness Awards 2019 felicitated achievers of this industry
The 5th Grand Edition of Nutrition & Wellness Awards 2019 on 7th December Saturday at Hotel Orchid, Mumbai An Award show felicitated achievers of this industry under various domains including research & development, manufacturing, packaging, distribution and other support services in the areas of active ingredients, procedures, practices, technologies, and finished products including[Read More…]
Tress Capital makes strategic investment in Israeli Cannabis Company
The investment funds will be used to grow the global CannaTech footprint and incubate cannabis-related businesses iCAN Israel-Cannabis and Tress Capital are thrilled to announce a strategic investment by Tress into iCAN. Tress’s investment will align its mostly North American strategic cannabis investments with that of iCAN, an international cannabis[Read More…]
Tyson to expand Beef Operations Internationally
Collaborative project explores development of a production facility in Kazakhstan Tyson Fresh Meats, Inc., the beef and pork subsidiary of TYSON FOODS, INC. has signed an agreement with the Republic of Kazakhstan and private holding company KUSTO GROUP to collaborate on a project that, in its initial phase could lead to the construction[Read More…]
Takasago invests $25M in new factory in Indonesia
The Takasago Group has opened its first flavours and fragrances factory in Indonesia Takasago International Corporation, a global leading company, was established in Japan in 1920. Now Takasago has offices, production sites, and research and development centres in 27 countries. Takasago has developed flavors and fragrances for some of the[Read More…]
New White Paper: Nutrition Gets Personal
Fact: 71% of consumers globally find products customized to their own health needs appealing. As consumers change the way they think about their health and wellbeing, personalization has risen to the cutting edge of nutrition. Our new white paper, Nutrition Gets Personal, explores the latest developments within the personalized nutrition trend, including:[Read More…]
Givaudan doubles flavour production capacity in China
Company invests additional CHF 30 million to support growth ambitions in China and meet consumer demand for healthier products Givaudan, the world’s leading flavour and fragrances company, has officially inaugurated a new extension to its Nantong manufacturing facility aimed to support the capacity on liquid flavour production for beverages, dairy[Read More…]
IFF Health to enter strategic collaboration with BY-HEALTH
Initial R&D collaboration will focus on healthy aging IFF Health, Shanghai, announces a strategic partnership for R&D of anti-aging ingredients with BY-HEALTH Co., a leading Chinese maker of dietary supplements and raw materials. This multinational, Asia-Pacific company was founded in 2002 and has adhered to a differentiated global quality strategy[Read More…]
Nestlé product packaging wins the easy plastic cycle design award
The China Synthetic Resin Association and other evaluation agencies fully affirmed Nestlé’s efforts to actively adopt recyclable plastic packaging materials The two-day TOP10 award ceremony for plastic recycling design and innovative applications for recycled plastics was held in Suzhou. The event was hosted by the China Resin Association Plastics Recycling[Read More…]
