21 May 2021 --- This week in industry news, Nestlé backed the EU’s plans to increase supply chain transparency and traceability in a bid to tackle deforestation. Ingredion released its 2020 sustainability report, and Olam Food Ingredients completed its acquisition of US private-label spices and seasonings manufacturer Olde Thompson. In plant-based highlights, US-based pioneer in plant-based chicken Daring raised US$40 million in Series B round led by D1 Capital Partners and global entertainer Drake. Meanwhile, Tokyo-based alternative meat venture Next Meats revealed a collaboration with IKEA Japan for sustainable food.
