ADB, ECOM sign $100 Mn loan to enhance coffee value chain in APAC

The agreement will benefit more than 62,000 smallholder farmers in India, Indonesia, Papua New Guinea (PNG), and Viet Nam The Asian Development Bank (ADB) has signed a $100 million loan agreement with ECOM Agroindustrial Corporation Limited and ECOM Agroindustrial Asia Private Limited (ECOM) to ...

Fonterra announces largest decarbonisation project in New Zealand

This $64 million investment will reduce Fonterra’s overall emissions by nine per cent, resulting in a total decrease of 155,000 tonnes of CO2 equivalent each year New Zealand’s dairy co-operative Fonterra is set to convert two coal boilers to wood pellets at its Clandeboye site in South Cant...

W-Cycle and Melhoramentos join forces to produce compostable food containers

The Clean-tech company to share tech with Melhoramentos for producing next-generation high-performance pulp-fiber packaging W-Cycle, an innovator in sustainable food packaging and Melhoramentos, a publicly traded Brazilian company announced a strategic partnership. Together, they aim to produce ...

UAE’s jalebi.io and Olive Gaea partners to combat global food waste

The two companies are committed to eliminating inefficiencies in F&B operations, enabling businesses to measure and mitigate their carbon footprint UAE-based startups jalebi.io and Olive Gaea have announced a strategic partnership to combat the global food waste crisis, which is valued at $1...

Singapore’s GFP partners with Vietnam's Nguyen Gia Cooperative

The cooperative will achieve 100 per cent cage-free operations in 2025 through GFP's technical expertise and Impact Incentives program Singapore-based Global Food Partners (GFP) has partnered with Nguyen Gia Livestock Production Cooperative, led by Nguyen Huu Tue, one of North Vietnam's largest ...

EDB reveals AED 1.12 billion in financing to cultivate UAE’s food security

EDB's participation underscores its dedication to empowering agritech businesses and driving sustainable food production in line with the UAE's National Food Security Strategy 2051 Emirates Development Bank (EDB), the key financial engine of economic development and industrial advancement in the...

Starbucks launches Green Planet biodegradable, plant-based straws in Japan 

The new straw is made from Green Planet, a plant-based biodegradable biopolymer Starbucks has introduced new biodegradable, plant-based straws to stores in Japan, another important action in support of the company’s environmental promise to be resource-positive and commitment to reduce waste b...

ADB, APU Dairy sign $20 Mn loan to strengthen Mongolia’s dairy sector

The project will boost Mongolia’s dairy supply and strengthen its food security through domestic milk sourcing and domestic processing of dairy products The Asian Development Bank (ADB) and APU Dairy LLC have signed a $20 million (equivalent in Mongolian togrog) loan to support nomadic herders...

Unilever completes £40Mn investment in UK food factory

This investment follows the completion of a second state-of-the-art factory and enhancements in digital capabilities To support the growth of Unilever’s food business in the UK, a £40 million investment has doubled the total output at Unilever’s Burton food factory over the past three years...

Silal signs Musataha agreement with KEZAD to launch innovative AgTech projects

To establish two cutting-edge AgTech initiatives in Al Ain Industrial City focused on sustainable farming and local food production Silal, Abu Dhabi’s leading agri-food and technology company, has signed a Musataha agreement with KEZAD Khalifa Economic Zones Abu Dhabi – KEZAD Group, the larg...

Mengniu driving development of innovative HMO nutritional ingredients

Mengniu emerge as a pioneer in developing nutritional ingredients, particularly through groundbreaking advancements in HMO technology In August 2024, Synaura Biotechnology a subsidiary of China Mengniu Dairy Company Limited, received GRAS certification from the U.S. Food and Drug Administration ...

JBS and Nigeria sign agreement to invest in food security 

A $2.5 billion 5-year investment plan includes the construction of 6 factories and collaboration with the Nigerian government to promote local production JBS, one of the largest food companies in the world, signed a memorandum of understanding with the Nigerian government to invest in the develo...

CSIRO introduces new white fish variety to Australia

The Pompano (Trachinotus anak) has been identified as the ideal white-flesh fish to develop in the tropical climate of northern Australia A new variety of white-flesh fish could soon be appearing on Australian dinner plates, potentially contributing over $1 billion to the economy. This follows s...

Kerry drives dairy innovation in Australia and New Zealand with advanced lactase solutions 

The Australian and New Zealand market for lactose-free dairy products and alternatives is projected to reach EUR938 million With rising lactose intolerance affecting an estimated 30-60 per cent of the population in Australia and New Zealand, Kerry is meeting surging demand for lactose-free dairy...

Carlsberg Denmark prepares beer with regeneratively grown raw materials

The malted barley will be used for a specially brewed Carlsberg, which will be available in 2025 and be Carlsberg's first beer in Denmark with regenerative raw materials Carlsberg Denmark has agreed with DLG and Viking Malt to purchase Danish malt barley grown according to regenerative principle...

ADB, Araz sign $10.5Mn deal to sustain food security in Azerbaijan

The loan will enable Araz to expand its dry warehouse and open new stores in and around Baku, including in underserved areas The Asian Development Bank (ADB) and Araz Supermarket LLC, a member of the Veyseloglu group, have signed a financial package of up to $10.5 million to help the grocer expa...

Smart Food Africa initiative champions millets and pulses for healthier food systems

This initiative aims to transform the continent's food systems by prioritising nutritious, climate-resilient crops that support both health and sustainability The Smart Food Africa initiative, led by the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT), made a powerful ...

GigaFarm initiative lays foundations for Food Tech Valley in Dubai

The site will begin food production in 2025 and will be capable of growing more than three million kilos of produce annually GigaFarm construction begins at Dubai’s Food Tech Valley, heralding a new era in decarbonised food production. Project execution has officially commenced on an innova...

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