The new measure aims to enable exporters of wines and spirits to export to the US through this reinsurance mechanism The European Commission has approved a €5 billion French reinsurance scheme for export credit to the United States under EU State aid rules. This scheme will be in effect from[Read More…]
Tag: EU
SimpliiGood’s spirulina-based smoked salmon goes commercial
The company has transitioned to commercial output of its texturised fresh spirulina, branded Simplii Texture Israel-based, Spirulina innovator SimpliiGood by AlgaeCore Technologies, Ltd., is advancing to commercial production of its 100 per cent plant-based smoked salmon analog composed of highly nutritious spirulina microalgae. Backed by $4M in new funding, fresh EU regulatory[Read More…]
EIB supports plant protein factory in Sweden
The first of its kind in Sweden, the factory will have an annual processing capacity of over 40,000 tonnes of peas grown by Lantmännen cooperative members The European Investment Bank (EIB) has granted a €50 million loan to Lantmännen to co-finance the construction of a new pea protein isolate factory in[Read More…]
Ukrainian agribusiness urges swift EU action on post-ATM trade deal
The ATM regime, introduced in 2022, granted Ukrainian producers tariff-free access to EU markets as part of the EU’s support for Ukraine amid the ongoing war Ukraine’s leading agricultural organizations are calling on the European Union to accelerate negotiations on a long-term trade agreement, warning of serious economic consequences if[Read More…]
EU agrees to reduce food waste and set new rules
The agreement also provides for the voluntary donation of unsold food that is safe for human consumption as an important aspect of reducing food waste The Council presidency and European Parliament representatives reached a provisional agreement on the targeted revision of the waste framework directive, setting EU targets for food[Read More…]
FoodChain ID and &Wider partners for responsible supply chain
The new service meets the demand from global brands to monitor and mitigate potential worker issues within their supply chains FoodChain ID, a provider of certification services and technology for the agriculture and food industry, and &Wider, a due diligence data company measuring worker engagement for responsible sourcing, announce their partnership[Read More…]
Sirio furthers global expansion with Thai multipurpose manufacturing investment
Sirio’s board has approved a potential total investment of up to $40 million for the project SIRIO Pharma (SIRIO) the global nutraceutical contract development and manufacturing organisation (CDMO) announces plans to commence work on a new production site in Chonburi, Thailand. After record revenues during 2023, Sirio announced in May 2024 a[Read More…]
China launches investigation into imported beef amid domestic industry concerns
The applicants argue that this sharp increase has caused substantial harm to China’s domestic beef industry, claiming a direct causal link between the import surge and the industry’s struggles China’s Ministry of Commerce (MOFCOM) has initiated a safeguard investigation into imported beef, following an application from the China Animal Agriculture[Read More…]
EU Fish Market report 2024 reveals trends and insights
EU consumers have eaten more fresh seafood products at home, mostly due to the impact of COVID-19 on the restaurant and hotel sector The Commission has released the EU Fish Market Report 2024, focusing on the fishery and aquaculture market’s performance in 2022-2023. According to the report, 2023 saw a decrease[Read More…]
EU approves €155 million scheme for seafood processing in Denmark
This scheme aims to support large Danish fish-processing companies in implementing projects that reduce CO2 emissions The European Commission has approved a €155 million (DKK 1.1 billion) Danish scheme designed to promote green investments in the processing of fishery and aquaculture products, by EU State aid rules. This scheme aims[Read More…]
