Flagship and leading international events secured for Q3/Q4 next year Due to the COVID-19 pandemic, travel restrictions, and ongoing worldwide uncertainty, VNU Group modifies its show calendar to secure successful inter-regional exhibitions during the second half of 2021. The schedule modifications will result in the postponement of six leading events[Read More…]
Company News
Schaerer, Jetinno continue coffee business expansion in Asia
The goal is to further promote the Schaerer Premium Coffee Corner coffee-to-go-concept Switzerland-based Schaerer a manufacturer of fully automatic coffee machines for private and professional use, has announced an exclusive strategic partnership with Chinese company Jetinno in the field of free-standing vending machines. The goal is to further promote the[Read More…]
Jiangxiaobai raises funding to continue R&D and old liquor reserve
By strengthening its supply chain on agriculture and distillery, quality is to be improved and ensured Chongqing Jiangxiaobai Liquor Co. Ltd. raised series C financing. The investment was led by China Renaissance New Economies Fund, Baillie Gifford, Loyal Valley Capital, followed by CMB International Capital, Kunyan Investment and Wens Investment.[Read More…]
Informa Markets heralds success of inaugural Vitafoods Virtual Expo and Summit
Visitors were enriched with rich insights and fresh perspectives from key speakers and the six Thematic Micro-Communities discussions Reflecting on two weeks of connectivity and content, Informa Markets on 25 Sep 2020 revealed the success of its first Vitafoods Virtual Expo and Summit. The interactive online platform offered visitors and[Read More…]
Synbiotech, Lonza to introduce Taiwanese probiotic in EU-US nutrition markets
Synbiotech and Lonza will leverage their respective strength on scientific research and market operation Synbiotech and Lonza announce an exclusive collaboration agreement on Lactobacillus plantarum TWK10® under which Lonza will exclusively commercialize the innovative probiotic TWK10® in the US, Canada, Europe and Brazil whilst at the same time both companies will collaborate to further develop and optimize TWK10® and[Read More…]
Weltec Biopower sets up plant to produce heat from food waste
Every day, the two bioreactors are filled with more than 250 t of food leftovers In autumn 2020, German firm WELTEC BIOPOWER starts building a biogas plant in South Korea. The plant is being set up in the province of Gyeonggi-do, some 60 km north of Seoul, and will transform[Read More…]
W-Cycle replaces plastic packaging with food waste
Sugarcane waste-based durable packaging is plastic-free and fully compostable W-Cycle, an Israeli foodtech startup has developed SupraPulp™, plastic-free packaging made of sugarcane waste that is fully compostable, safe, yet durable enough to be used for greasy, wet, or hot food. Packaged food with SupraPulp can be frozen and heated with[Read More…]
Meat-Tech to acquire leading cultured fat developer
This acquisition is part of Meat-Tech’s growth strategy of optimizing its processes and diversifying its product range to introduce cultured meat technologies to the market as quickly as possible Meat-Tech 3D, a developer of industrial-scale cultivated meat production technologies based on advanced 3D bioprinting based in Israel, has announced that[Read More…]
Fonterra Australia strengthens cheese business
Signed an agreement to purchase Dairy Country Fonterra Australia has signed an agreement to purchase Dairy Country to help drive efficiencies in its leading Australian cheese business. The acquisition will support Fonterra’s core strengths in the AU$2.6 billion Australian retail cheese category, where it holds a 23 per cent market share with key brands including Perfect Italiano™, Mainland™[Read More…]
Nestle invests further RMB 400 M in China
Nestlé will also complete an expansion and upgrade of the Nestlé Dairy Farming Institute With a growing focus on sustainable agriculture in China, Nestlé has announced plans to invest a further RMB 400 million (CHF 53 million) in the country. Part of the investment will promote the development of local grain cultivation in[Read More…]