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FINLAND – Fazer, a family-owned company offering bakery, confectionery, biscuit and grain products as well as food and café service has introduced insect bread to grocery stores, for the first time in the market. According to the company, the novel product, called Fazer Sirkkaleipä (Fazer Cricket Bread), is the first hand-baked cricket bread. The company…
UK - Kellogg UK has announced the launch of its Better Starts Plan, which by the end of 2018, will overhaul its breakfast cereals to help people in Britain make healthier choices in the morning. According to the company, it will reduce sugar in its Kellogg’s Coco Pops and Rice Krispies cereals, launch a new…
ANGOLA - Angola imports 400,000 tons of rice a year to add to its locally grown 25,000 tons to market needs, says the Secretary of State for Agriculture, Carlos Alberto Pinto. In order to meets its needs and reduce imports, the country, emerging from decades long conflict, has to put in place about 300,000 hectares…
KENYA - Mumias Sugar slid deeper into the red after reporting a net loss of Sh6.8 billion (US$68m) in the financial year ended June 30, 2017 against Sh4.8 billion (US$48m) made in 2016. A tough operating environment characterised by acute cane shortage and high prices contributed to the massive loss. Mumias, whose product is back…
SOUTH AFRICA - Tiger Brands was looking for acquisitions outside SA and would place more emphasis on due diligence than in the past, management said on Monday. CEO Lawrence MacDougall said the consumer goods group had a "clearer" acquisition strategy that focused on core product categories. Tiger had also "upweighted" due diligence considerations and would…
SOUTH AFRICA - Nampak, Africa’s largest packaging manufacturer, posted a 3 percent hike in group trading profit, helped by the strong performance of the metals division in South Africa and Angola in the year ended September. Nampak chief executive André de Ruyter said in a statement yesterday that the JSE company's performance had been resilient…
DENMARK - Chr. Hansen has launched four new colour solutions for beverages, extending its existing range of CapColors and ColorFruit, in a bid to give beverage manufacturers better choices on colour, performance and costs. The two new CapColors orange solutions utilize Chr. Hansen’s newest patented encapsulation technique to improve the functionality of the natural color…
SWEDEN - Carlsberg Sverige has managed to reduce its carbon emissions to zero from its energy sources by utilising 100% biogas and green electricity at its Swedish Falkenberg brewery. The brewery has reduced its carbon emissions from thermal energy and electricity to zero through an initiative that has targeted the elimination of ozone depleting energy…
ISRAEL - Frutarom, a flavors and fragrances specialist, has posted third-quarter earnings which show 19.6% sales increase to a record US$358.8 million in, prompting the company to raise its 2020 sales target to US$2.25 billion. According to the company, there was a constant currency pro-forma growth of 6%, while the sales from core activities grew…
MYANMAR - Imports of Nestle products to Myanmar would be reduced to 50% next year when the firm’s recently opened factory in Dagon Seikkan Township of Yangon reaches full production. Hayri Devrim Cobek, managing director of Nestle Myanmar, said all the Nestle products in Myanmar have been from other Asian countries until this year, but…