December 14, 2022 | Company News

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)…

December 13, 2022 | Beverages

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…

December 6, 2022 | Australia

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…

November 24, 2022 | Beverages

Legendary Taiwan Bubble Tea Brand ‘Chun Shui Tang’ Enters the UK Frozen Food Market

The worldwide’s bubble tea founder introduces frozen ready side dishes ideal for a good cup of tea. Chun Shui Tang, the inventor of bubble tea is bringing several side dishes,…

November 17, 2022 | Company News

Azelis Q3 2022: Sustained positive trends supportive of strong full year 2022

Azelis generated free cash flow of EUR 275.1m, an 81.4% increase over the prior year, despite continued investments in working capital to support strong performance. Revenue of EUR 3.1bn, representing…

November 3, 2022 | Company News

Nutreco invests in biotech firm Roslin Technologies Limited

The supply of cell lines is expected to be a bottleneck in the growth of cultivated protein, Roslin Tech offers a critical solution for building Nutreco’s potential future “cell feed”…

November 2, 2022 | Beverages

Yum China Reports Third Quarter 2022 Results 

Yum China Holdings, Inc. reported unaudited results for the third quarter ended September 30, 2022. Total Revenues grew 5%; System Sales grew 5% in constant currency, despite temporary closuresDelivered $316 million Operating Profit,…

November 1, 2022 | Beverages

Morinaga Milk Industry announces the commencement of local production and sales of Morinaga Milk-branded products in Vietnam

Vietnam is one of the countries with the highest growth potential leading up to 2050, with a population of about 98.5 million (2021) and a projected economic growth rate of…

October 31, 2022 | Beverages

Yili Recorded a Total Revenue of RMB 93.9 billion over Q1–Q3 FY2022

Yili manages to maintain solid growth amid the pandemic demonstrates the dairy giant’s strong resilience. Both Yili and the industry will expect rapid growth as soon as the macroeconomic environment…

October 27, 2022 | Beverages

CoCo Fresh Tea & Juice Announces Expansion Throughout the United States

CoCo Fresh Tea & Juice aims to create a diverse and sustainable community for its consumers by providing visually refreshing products. Leading boba tea brand, CoCo Fresh Tea & Juice,…