Finance

Dr. Foods, Inc. and ImpacFat Pte. Ltd. announced their collaboration to advance development of alternative protein products in Japan and Singapore. 

Next Meats is a food-tech venture company based in Tokyo that specialises in the R&D of alternative meat products, with a strong focus on sustainability. The significance of this collaboration lies in the fact that their combined expertise will propel the speedy development of Next Meats’ next generation of products such as[Read More…]

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Univar Solutions and Kalsec® Inc. Expand their Partnership for Natural Taste & Sensory, Colors, and Food Protection Ingredient Solutions

Partnership brings access to innovative ingredient solutions to food and beverage customers in the United Kingdom and Ireland. Univar B.V., a subsidiary of Univar Solutions Inc. a leading global solutions provider to users of specialty ingredients and chemicals, and Kalsec® Inc., a natural ingredient solution provider for the food and beverage industry, Company announced they[Read More…]

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Wilmar recognized as World Number 1 in the Global Child Forum’s Food, Beverage, and Personal Care Benchmark

Wilmar scored a perfect 10 for its efforts in safeguarding children’s rights and well-being, which was an increase from its previous score of 9.8. General Manager of Group Sustainability at Wilmar, Perpetua George, said, “We are heartened by the recognition of our continuous efforts in safeguarding the protection and welfare[Read More…]

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Barilla Group announced that it has entered into an agreement to acquire Back to Nature, from B&G Foods

Back to Nature features a portfolio of plant-based, non-GMO products that compete in the United States cookies, crackers, granola, and nuts & trail mix categories. Barilla, a fourth-generation family-owned company founded in 1877 is an international food company, leading in pasta and bakery products, and present in more than 100[Read More…]

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Nestlé is investing over 100 million by 2030 in low-carbon logistics for its three international water brands 

Nestlé’s international water brands will be able to reduce their total greenhouse gas emissions and contribute to Nestlé’s 2050 net zero commitment. This investment will focus on optimizing logistics routes and accelerating train transport, increasing the use of alternative fuels and transportation options, and testing innovative alternative transportation options. Most[Read More…]

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Azelis pleased to announce the establishment of its presence in Bangladesh

Azelis’ Bangladesh office serves the pharma, food, agricultural, CASE, and personal care markets, complementing its more than 30 offices across the region. Opening its first office in Dhaka, Bangladesh, is an integral part of the group’s organic growth strategy to strengthen its footprint across the South Asian continent and provide[Read More…]

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FAO welcomed an additional $150 million multi-agency contribution from the World Bank to scale up restoration of rural livelihoods in Yemen

Increased support for the joint Yemen Food Security Response and Resilience Project as acute food insecurity intensifies Since 2021, the $127 million Yemen Food Security Response and Resilience Project (FSRRP) has been jointly implemented by FAO, the United Nations Development Programme (UNDP) and the World Food Programme (WFP). The International Committee of the Red[Read More…]

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Barry Callebaut’s multi-year expansion of its Canadian factory will total USD 100 million

The investment includes liquid and molding lines as well as enhanced dairy-free production capabilities Barry Callebaut, the world’s leading manufacturer of high-quality chocolate and cocoa products, announced the next phase of the expansion of its Chatham factory in Ontario, Canada. The multi-year expansion started in 2018, with an initial investment[Read More…]

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Azelis strengthens Asia Pacific footprint with the acquisition of Chemiplas Agencies Ltd in Australia and New Zealand

Azelis, a leading global innovation service provider in the specialty chemicals and food ingredients industry, announces that it has signed an agreement to acquire 100% of the shares of Chemiplas Agencies Ltd one of the leading distributors of specialty chemicals, plastic raw materials and ingredients in Australia, New Zealand, and[Read More…]

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