By switching to cargo ships that use fuels made from waste, such as used cooking oil, the company aims to reduce its annual greenhouse gas emissions from shipping by around 200,000 metric tonnes of CO2 equivalent Working with three of the world’s largest shipping companies, Nestlé will move the equivalent of half[Read More…]
World News
Lactocore and Ingredia collaborate on innovative functional food ingredients
The primary objective of this cooperation is to create a new functional food product for humans, pets and farm animals Biotech startup Lactocore Group has initiated a research partnership with Ingredia SA, a French dairy company specialising in developing and manufacturing innovative food and bioactive ingredients. The primary objective of[Read More…]
Israel’s EFISHient Protein unveils first prototype of tilapia fish fillet for commercial production
This achievement represents a significant step forward in the company’s ability to produce a diverse range of sustainable white fish species Israel-based EFISHient Protein, a pioneering B2B food-tech company leading the cultured white fish industry, has achieved a breakthrough by successfully developing its first prototype of a sustainable layered Tilapia[Read More…]
Smithfield Foods to end grower contracts in Utah
Utah measures latest action to address sustained hog market downturn Smithfield Foods will end contracts with 26 hog farms in Utah to optimize its supply chain for more efficient operations in the face of an industry oversupply of pork, weaker consumer demand and high feed prices. The contract terminations will result in[Read More…]
Yakima Chief Hops announces FWD, a new hop innovation program
Participating brewers will be granted access to the newest, not-yet-commercialised HBC varieties and products in Yakima Chief Hop’s innovation pipeline Yakima Chief Hops (YCH), a 100 per cent grower-owned global hop supplier, has partnered with Yakima Chief Ranches to launch FWD, a new hop innovation program focused on data-driven decisions and community involvement. Participating brewers will[Read More…]
Nestlé to invest R$6 Bn in Brazil by 2025
Nestlé aims to expand the industrial park by 2028, adding a total of six exclusive lines in the inner city of São Paulo Nestlé plans to invest BRL 6 billion in food and drink production in Brazil, with payments scheduled between 2023 and 2025. The funds will primarily be allocated[Read More…]
Walmart announces new milk processing facility in Georgia
The new facility continues Walmart’s commitment to building a more resilient and transparent supply chain to deliver high-quality products Walmart announced opening an owned and operated milk processing facility in Valdosta, Georgia. The new facility, which will break ground later this year and create nearly 400 Walmart jobs in the[Read More…]
EcoBalance, KazBeef and rTek launch climate smart beef pilot program
The 10-year pilot project is expected to demonstrate the world’s first carbon-inset beef supply chain EcoBalance Global, a US-based leader in carbon storage projects, Kazbeef, a subsidiary of Yerkin Tatishev’s Kusto Group and rTek, a Rakurs Consulting Group company, have partnered to launch the first-ever pilot ranch outside the United States that[Read More…]
Gates Foundation announces partnership with UAE to accelerate action to strengthen food systems
Together, they made new commitments totalling $200 million in response to immediate and long-term threats to food security and nutrition caused by climate change The Bill & Melinda Gates Foundation joined the United Arab Emirates (UAE) to accelerate the development of innovations that will help smallholder farmers in sub-Saharan Africa and South Asia build resilience and[Read More…]
AIIB-FAO partnership to boost agrifood systems
The two organisations will specifically collaborate on helping countries meet the ambitious targets of the 2030 Agenda for Sustainable Development The Asian Infrastructure Investment Bank (AIIB) and the Food and Agriculture Organisation (FAO) of the United Nations signed a Memorandum of Understanding that recognises the critical role of investment in rural[Read More…]