Soylent saw major setbacks over the past two years, including a temporary halt to sales after customers reported becoming violently ill. Singapore – Rob Rhinehart, founder of the much-maligned food-replacement start-up Soylent, is stepping down as CEO effectively immediately. Bryan Crowley, who was appointed president of Soylent parent company Rosa[Read More…]
Nutrition
$5m granted to 10 firms for healthier food
HPB aims to develop staples with wholegrain or brown rice without compromising taste and texture. Singapore – Ten companies so far have received grants totalling $5 million from the Health Promotion Board (HPB) to create healthier staple food, about five months after it launched a scheme to subsidise such production.[Read More…]
Campbell acquires Pacific Foods
Campbell expects that Pacific Foods will contribute approximately $100 million in net sales in fiscal 2018. Singapore – Campbell Soup Company announced it has completed the acquisition of Pacific Foods of Oregon (Pacific Foods) for $700 million in cash, subject to customary purchase price adjustments. Pacific Foods is a leading[Read More…]
Synlait infant formula production capacity increases twofold
The investment was used in the establishment of the new Wetmix kitchen, which will allow the company to simultaneously run both large-scale infant formula spray dryers Synlait Milk, Dairy processing company has increased the capacity to produce infant formula powder, with an investment of $37m. The investment was used in[Read More…]
Lakeview Equity Invests in NutriScience Innovations
Lakeview Equity Invests in NutriScience Innovations Lakeview Equity Partners, LLC, a Milwaukee-based private equity fund, has invested in NutriScience Innovations, LLC, Trumbull, Conn. NutriScience is a cGMP-certified global supplier of quality nutritional and functional ingredients to companies that manufacture nutraceutical, pharmaceutical, food and beverage, and dietary products. Lakeview has also[Read More…]
Trump’s USDA just made school meals less healthy
Trump’s USDA just made school meals less healthy The U.S. Department of Agriculture provided local food service professionals the flexibility they need to serve wholesome, nutritious, and tasty meals in schools across the nation. The new School Meal Flexibility Rule reflects USDA’s commitment, made in a May proclamation to work[Read More…]
Researchers work on malnutrition issue in Philippines
The project hopes to combine instant ramen with a tiny nutritional powerhouse called spirulina. A new project by the University of Toronto (U of T) aims to solve some of the malnutrition issues in Philippines. David McMillen, an associate professor of cell and systems biology at U of T Mississauga, has been awarded[Read More…]
New study shows label use leads to healthier food choices
Research using a smartphone app has found people buy healthier foods if they use food labels. Research using a smartphone app has found people buy healthier foods if they use food labels. In newly published research, “Do nutrition labels influence healthier foodchoices? Analysis of label viewing behaviour and subsequent food purchases in a[Read More…]
BMGF provides $4.9 M for nutrition study in Nepal
The team will test a nutritional supplement in 1,800 pregnant women in the Sarlahi District of Nepal. Bill & Melinda Gates Foundation has provided a $4.9 million grant to a professor in the Milken Institute School of Public Health, to study how nutritional supplements can provide more nourishment for pregnant[Read More…]
Mars buys minority stake in Kind
Kind will continue to operate independently, led by its majority stakeholders With an aim to cash in on the growing trend for healthier snacking, Mars has taken a minority stake in snack bar company Kind. As part of the partnership, the two companies will partner to grow Kind’s product offerings[Read More…]
