business news

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27 Jan 2023
--- Danone is considering a sale of its US organic yogurt business Wallaby and its organic milk one Horizon Organic as part of an on-going review strategy for the French dairy giant.
26 Jan 2023
--- Tesco’s fresh salmon, haddock, cod and sea bass lines will be sold for the first time in trays that contain at least 30% recycled coastal plastic collected from beaches, coastlines and coastal communities around the... Read More
24 Jan 2023
--- Abbott’s vice president of external communications Scott Stoffel has confirmed that the medical device and health care company is now under investigation by the US Department of Justice (DOJ). The investigation follows... Read More
24 Jan 2023
--- In a move highlighting the continued popularity of pea protein, Roquette has invested in Daiz, a Japanese start-up that has developed the means of using plant seed germination and an extrusion process to enhance the texture,... Read More
24 Jan 2023
--- Tech tycoon Bill Gates is backing, through its Breakthrough Energy Ventures accelerator, Rumin8, a start-up targeting methane emissions in agriculture through its synthetically replicated red seaweed. The company’s... Read More
23 Jan 2023
--- A new clinical study on DSM’s Fruitflow prebiotic candidate has been conducted with clinical trial company Atlantia, exploring the supplements’ benefits on cardiovascular health and the gut microbiota through the... Read More
23 Jan 2023
--- Symrise has reported double-digit organic growth of 11.4% in a year marked by multiple investments, a business restructuring and sales growth, as the company has reaped the benefits of increased out-of-home consumption.... Read More
23 Jan 2023
--- As war rages on in Ukraine, the FAO is ramping up funding to support the country’s food production and boost supply chains, including vital grain supplies. Farmland is also being cleared of dangerous mines and assessed... Read More
19 Jan 2023
--- Arkeon is allying with specialty mineral giant ICL to support the scaling of its fermentation bioprocess that converts CO2 into the 20 proteinogenic essential amino acids needed in human nutrition. The process, hailed as... Read More
19 Jan 2023
--- Multus Biotechnology has announced the close of a Series A funding round which has ended with the start-up receiving US$9.5 million. Multus, which produces ingredients for affordable cellular agriculture scaleup, will use... Read More
18 Jan 2023
--- Barry Calleabaut had a mixed financial quarter during the last three months of 2022, as its Wieze (Belgium) factory was not fully operational until the last third of October when the cocoa and chocolate giant had a... Read More
18 Jan 2023
--- Nactis Flavours, part of Nactarome Group, and Trablit-ISDA are forming a partnership to strengthen their shared space within the sweet market. The collaboration will lead to the creation of a new coffee extract division, a... Read More
17 Jan 2023
--- The Mexican government has introduced a 50% tariff on white corn exports, one of the country’s staple foods. The levy will be in place until at least June and comes as Mexico tries to stabilize prices and keep the... Read More
17 Jan 2023
--- Cult Food Science has unveiled Cult Foods, a new product division, its latest effort to scale the development of cellular agriculture technologies. The new division will debut two new products, Zero Coffee, the world’s... Read More
17 Jan 2023
--- Frankfurt-based WeissBioTech has unveiled Deltabrew Lautermax and Deltabrew Attenumax as new tailored modules to its range of brewing enzymes. The enzyme solutions will equip brewers with the tools they need to address the... Read More
16 Jan 2023
--- Charity organization Oxfam is calling for “a systemic and wide-ranging increase in taxation of the super-rich to claw back crisis gains driven by public money and profiteering.” The company now wants this to... Read More
16 Jan 2023
--- Lucky Saint has secured over US$12.2 million in investment in a series A funding round, marking the first time a non-alcoholic beer has raised such a high amount in Europe. Investments were led by venture capital companies... Read More
12 Jan 2023
--- Kerry Group has entered into exclusive negotiations to sell the trade and assets of its Sweet Ingredients Portfolio to IRCA, a global key player in chocolate, creams, and other high-quality semi-finished food ingredients,... Read More
12 Jan 2023
--- After heavy rainfall struck California following an extended drought, there was widespread concern for the state’s almond farms, which provide almost 80% of the world’s almond supply.FoodIngredientsFirst talks to... Read More
11 Jan 2023
--- Berlin-based Project Eaden is planning on expanding its “ultra-realistic” plant-based meat technology via an extension to its seed investment round to US$10.8 million. The cash injection will go to boosting... Read More
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