Capacity Expansion Projects Take Shape at DuPont Nutrition & Health Sites in Germany & France The official ground-breaking ceremony for a new deep-freeze warehouse took place recently at the site of the DuPont Nutrition & Health (Danisco Deutschland GmbH) in Niebüll, Germany. The new storage center is part of a[Read More…]
Company News
Heineken to sell its China business to CR Beer
CR Beer’s best-known brand, Snow, is the world’s largest selling beer, driven in the most part by domestic sales. Heineken is reportedly in talks to sell its Chinese business to China Resources Beer (CR Beer). It is believed that any deal would be worth more than $1 billion, with CR Beer[Read More…]
Coca-Cola to launch alcoholic drink in Japan
While Coca-Cola dabbled in the wine business in the 1970s, the Japanese experiment is unique in the company’s 125-year history. Coca-Cola plans to launch its first ever alcoholic drink in Japan, in a suprising departure for a US company identified with cola and other non-alcoholic beverages. While Coca-Cola dabbled in the[Read More…]
Algatech to launch Whole Algae Benefits in a Tablet
Algatech also will highlight its new, organic, non-GMO AstaPure® astaxanthin at the Vitafood 2018 Algatechnologies Ltd. (Algatech) will launch its innovative, AstaPure® Arava whole-algae tablets for private label customers. This is astaxanthin as created by nature, containing all the naturally occurring constituents such as omegas, fibers, proteins and phospholipids that[Read More…]
Nestlé Canada invests $40 M to expand ice cream plant
This expansion investment will help the company continue to innovate and bring new products to the market. Nestlé Canada will invest CAD 51.5 million ($39.6 million) to increase production capabilities at its London ice cream factory in Ontario, Canada. The factory, which supplies Canada with brands like Häagen-Dazs, Parlour and[Read More…]
Tate & Lyle expands Singapore facility
The site has doubled in size to meet growing industry demand for ingredients and solutions with lower sugar, fat and calories. Tate & Lyle has completed an expansion of its Singapore food application centre as it aims to boost food ingredient solutions in the region. The site has doubled in[Read More…]
Arla Foods Ingredients develops Skyr especially for the Chinese market
Skyr is a fermented dairy product, similar to yoghurt. It is originally from Iceland, where it has been consumed for hundreds of years, but its popularity has spread worldwide recently thanks to its pleasantly mild taste, low fat levels and high protein content. Arla Foods Ingredients has developed a new[Read More…]
Applebee’s plans to pare as many as 80 locations
Dine Brands also will close 30 to 40 IHOP locations, while developing 85 to 100 new restaurants. Singapore – The recent closing of an Applebee’s restaurant in Independence was merely a down payment on what’s to come for the formerly Kansas City-based chain. Dine Brands Global (formerly DineEquity) plans to close[Read More…]
Starbucks to cut hundreds of products from US stores
The Seattle-based coffee company is removing roughly 200 products from its store shelves Singapore – Starbucks is scaling back products by roughly 30 percent as part of an effort to streamline its business and pull back on efforts that don’t grow revenue and profit. The Seattle-based coffee company is removing[Read More…]
Herbalife plans a stock split and change its name
The nutritional supplement maker also said it intends to launch a “modified Dutch auction” tender offer. Singapore – Herbalife declares that it plans to change its corporate name to Herbalife Nutrition Ltd, refinance debt and effect a 2-for-1 stock split to boost shareholder returns, sending its shares to an all-time high.[Read More…]
