Weekly Digest: Sustainability recognition, Arla Foods Ingredients eyes growth in South America

636537651766236962green globe.jpg

09 Feb 2018 --- This week in business, there were several announcements made for recognition in sustainability, including Unilever, ADM and IFF. First Milk announced that it has been awarded Best Strategic Partnership in the 2018 Nestlé Supplier Awards and DSM appointed a new EMEA Vice President (VP) of its Human Nutrition & Health business. Elsewhere, Orkla announced promising results for 2017 and Arla Foods Ingredients seeks market growth in South America.

In brief: Sustainability recognition & awards
Unilever has been recognized as a leader in tackling supply chain emissions by CDP, the non-profit environmental disclosure platform – for actions and strategies to manage carbon and climate change across the companies’ supply chain.
 
IFF was recognized on Barron’s 100 Most Sustainable Companies, an index launched this month. It joins the ranks of 99 other leading companies, assessed by performance in key stakeholder categories.
 
In the same week, ADM was highlighted in RobecoSAM’s 2018 Sustainability Yearbook. 
 
First Milk announced that it has been awarded Best Strategic Partnership in the 2018 Nestlé Supplier Awards. The co-operative, which has supplied Nestlé for more than 13 years and is its single largest supplier, was recognized for consistently delivering Nestlé's supply requirements, as well developing and implementing a new farm program and for working closely with Nestlé to help shape and deliver its strategic objectives.
 
In brief: Appointments
Royal DSM announced the appointment Frédéric Boned as new Vice President EMEA DSM Human Nutrition & Health as of January 1, 2018.
 
Arthur Fearnall has been appointed to the Arla Foods amba board, with immediate effect. The appointment was made during an extraordinary meeting of the UK Area Forum this week, which comprises 94 British elected representatives. In the same week,
 
The Grocery Manufacturers Association (GMA) also announced that Brian Folkerts, who has 30 years of experience with companies, trade groups and government, will be the organization’s new Executive Vice President of Government Affairs.
 
In brief: Business
Orkla achieved operating profit (EBIT adj.) of NOK 1,443 million (US$181 million) in the fourth quarter of 2017, an increase of 10 percent. Branded Consumer Goods posted an improvement of 15 percent in operating profit. Operating revenues for Branded Consumer Goods rose 9 percent to NOK10,587 million (US$1328.2 million), while organic growth in turnover was 2.8 percent.
 
Arla Foods Ingredients agreed to acquire the shares in Arla Foods Ingredients S.A (AFISA) currently owned by SanCor to support the company’s ambition for market growth in South America.
 
Syngenta also announced the completion of the acquisition of Nidera Seeds from COFCO International. The initial announcement was made in November last year.
 
The Board of Directors of Mondelēz International, Inc. declared a regular quarterly dividend of $0.22 per share of Class A common stock this week. This dividend is payable on April 12, 2018, to shareholders of record as of March 29, 2018.
 
And finally, GEA Group completed its share buyback program in the amount of up to €450 million within the envisaged timeframe. Between March 8, 2017, and February 6, 2018, a total of 12,003,304 shares were repurchased on the stock market.Syngenta also announced the completion of the acquisition of Nidera Seeds from COFCO International. The initial announcement was made in November last year.
 
In brief: Research
EFSA’s Advisory Forum called for more public investment in food safety research. In a joint statement with the European Food Safety Authority (EFSA), the Advisory Forum, tasked with providing EFSA with strategic advice on scientific issues, also stressed the benefits of increased interaction between funders, EU agencies and national partners on food safety research.

To contact our editorial team please email us at editorial@cnsmedia.com

Algea AS

Collapse

Algea: The Artic Company. Algea is one of the most important world leader in collecting and processing marine ingredients, that in 2017 will celebrate 80 years of work. Thanks to continuous development of specialized methods and equipments for harvesting and processing, Algea developed a unique processing life circle for seaweed, harvesting Arctic seaweeds and offering the highest quality ingredients for human nutrition, cosmetics, animal feed and fertilization. Northern Norway is also known as the “land of midnight sun” and thanks to these extreme condition this seaweed can develop its peculiar properties that make it unique.

Our marine ingredient Aschopyllum nodosum is  a seaweed with exceptional nutrients, that grows where the environment is pure and pristine and the sound of nature is the only audible noise. Immersed in the frigid Norwegian waters in winter and exposed continuously to the force of the sun in summer, our seaweed gathers natural elements of the highest purity and quality. We have three plants in Norway were we harvest and produce, the most northerly of which is on the only one in the world north of the Arctic Circle. One dedicated to the manufacturing of food and cosmetics ingredient, another one to animal feed and fertilizer ingredients and the last one, that is near the Arctic Circle, exclusively dedicated to the harvesting of seaweed.

Algea serves four markets: ingredients for human nutrition (food supplements and functional foods), ingredients for cosmetics, animal nutrition and fertilization. AlgeaFood products intended for human nutrition only come from seaweed harvested directly from Algea. Thanks to the presence of iodine, polyphenols, mannitol, vitamins, minerals and alginates, AlgeaFood products are ideal ingredients for functional foodstuffs and dietary supplements.

Related Articles

Business News

Weekly Digest: Symrise obtains sustainability recognition, Nestlé invests in Chilean pet food facility

27 Apr 2018 --- This week in business, Symrise successfully obtained the FSC Chain of Custody (CoC) certification for ingredients derived from forest products and the European Dairy Association (EDA) has welcomed the conclusion of a political agreement on trade between the EU and Mexico. Plans for a new Dairygold facility are underway, in Cork, Ireland, which will significantly increase production capacity of Jarlsberg cheese up to 20,000 tons annually. Meanwhile, Nestlé UK and Ireland have taken the wrapping off a £3 million (US$4.1 million) upgrade to its head office site in York and Nestlé has also inaugurated a US$120 million pet food factory in Teno, Chile.

Packaging & Technology News

Plastic in a circular economy: Major players form UK Plastics Pact

26 Apr 2018 --- The UK Plastics Pact plans to eradicate single-use plastic from the supply chain and has been signed by more than 40 major players in the food and non-food industry. Leading UK retailers, Tesco, Sainsbury's, Morrisons and Waitrose are among the businesses supporting the pledge.

Food Ingredients News

Milka chocolate joins Mondelēz sustainable cocoa sourcing program

25 Apr 2018 --- Mondelēz International’s iconic chocolate brand Milka is joining the confectionery giant’s sustainable cocoa sourcing program, Cocoa Life – and there are plans to add the entire Milka chocolate European portfolio by the end of next year.

Food Ingredients News

Mix & match: Packaging solutions amid the customization trend

25 Apr 2018 --- Within the food industry, the key trend of customization looks set to continue. The trend reflects a consumer who is more inclined to have a say in what they eat, through the personalization and customization of their food on a nutritional or taste basis. Innovative packaging solutions are appearing on the market, in response to this stable trend and making personalized nutrition on-the-go a particularly viable reality.

Food Ingredients News

ADM debuts new yeast protein for pets and opens US enzyme lab

24 Apr 2018 --- ADM Animal Nutrition is launching a versatile yeast protein for dogs and cats with an amino acid profile similar to an egg, making it an ideal complementary or replacement protein source for pets: Versity.

More Articles