business
24 Apr 2024
--- Unilever has revealed plans to scale back some of its sustainability targets, including more responsible packaging, backing for SMEs and support for the living wage, in a move that has drawn criticism from NGOs. The FMCG...
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24 Apr 2024
--- Today is Stop Food Waste Day, and Polish tech company Fresh Inset is spotlighting its Vidre+ technology, which it says is “transforming the battle against food waste” with a sticker inside the packaging that...
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19 Apr 2024
--- Nestlé has resisted investor proposals to reduce levels of fat, salt and sugar in products. During yesterday’s AGM, only 11% of shareholders backed a proposal which called for the F&B giant to cut back on...
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18 Apr 2024
--- FoodChain ID has unveiled a regulatory library module called “Sustainable Packaging Services” as a digital tool to enable food manufacturers to keep up with changing global regulations on sustainable packaging....
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18 Apr 2024
--- Emmi Group’s Brazilian subsidiary, Laticínios Porto Alegre, will acquire a majority stake in dairy product producer Verde Campo from Coca-Cola in the state of Minas Gerais, subject to approval by the competition...
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12 Apr 2024
--- BGG, a leading Chinese branded ingredient supplier, has revealed plans to create a new global headquarters in Switzerland as a launchpad for international expansion. Operating as BGG World, the company intends to diversify...
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11 Apr 2024
--- Germany-based Torg has raised €2.7 million (US$2.9 million) in an oversubscribed seed round to transform F&B sourcing with its AI-powered platform. Through this technology, Torg helps retail and wholesale buyers...
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10 Apr 2024
--- Klöckner Pentaplast (kp) has launched “market-first” food packaging trays composed entirely of recycled tray material. Achieving 100% rPET tray was made possible through kp’s Tray2Tray initiative,...
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09 Apr 2024
--- Food inflation in the world’s wealthiest nations has fallen to levels from before Russia’s full-scale invasion of Ukraine and declined for 15 consecutive months, reaching 5.3% in February versus 6.3% in January,...
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03 Apr 2024
--- Chengdu Bowl, a Singaporean restaurant known for its Chinese cuisine, has announced the introduction of two Solein dishes from Sichuan cuisine to its menu, marking a sustainable shift in traditional food preparation.Solar...
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03 Apr 2024
--- Analysts expect the global poultry market to recover after a weak second half of 2023, but geopolitical tensions causing distribution challenges will remain an issue. Meanwhile, leading suppliers are turning to data...
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26 Mar 2024
--- The Gujarat Cooperative Milk Marketing Federation (GCMMF) — which markets and sells milk under the “Amul” brand in India — has joined forces with the Michigan Milk Producers Association (MMPA) to sell...
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22 Mar 2024
--- Nestlé has announced the launch of two projects in collaboration with its suppliers, Cargill and ETG | Beyond Beans, to move toward environmental sustainability. These initiatives, set to span over five years, are...
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21 Mar 2024
--- Arla Foods is investing €210 million (US$ 228.2 million) in its mozzarella cheese production site at Taw Valley in the UK to implement new technologies that are expected to reduce the cheese maturing process from 14...
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19 Mar 2024
--- Unilever is spinning off its ice cream division as a standalone business and cutting 7,500 jobs. The separation begins immediately and is part of an overhaul which Unilever says will save around €800 million (US$867.8...
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15 Mar 2024
--- Record-high cocoa prices are pushing chocolate makers to increase consumer product prices and reduce product size, fueling the so-called “shrinkflation” trend. In his State of the Union Address last week, US...
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15 Mar 2024
--- Tyson Foods will shut down its pork facility in Perry, Iowa, in the US, which is considered to be its economic base. The closure is expected to hugely impact its workforce of nearly 1,200 workers who fear losing their...
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08 Mar 2024
--- The World Packaging Organisation (WPO) and the United Nations Industrial Development Organization (UNIDO) have concluded a project aimed at enhancing the food packaging sector in Mongolia and aligning it with international...
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07 Mar 2024
--- Cultivated Biosciences, a Swiss biotech start-up, has recently announced the closure of its US$5 million seed funding round. This financial milestone will boost the development of its innovative yeast cream in collaboration...
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07 Mar 2024
--- The Red Sea shipping crisis is continuing to hinder trade between Europe and Asia and impact the price and availability of key commodities in the consumer goods sector, including wheat and plastic, according to research by...
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