Kellogg’s to adopt ‘traffic light’ labeling on cereal packaging in UK

UK – Global cereals firm, Kellogg’s plans to include colour coding (traffic light labels) on its cereals packaging in the UK from early next year in a commitment to help customers make healthier food choices. According to the company, the voluntary labels will first appear on breakfast cereal packs made exclusively for sale in Britain,…

Cargill to invest US$235m in 2 years in Philippines to grow business

ASIA – Cargill has said that it has lined up US$235 million (PHP 12.5 billion) in growing its business in the Philippines in the next 2 years. The company said this is poised to help meet increased domestic demand for chicken and pork, as well as delivering solutions in key areas of the global agricultural…

Unilever may top Nestle in US$3.4b cash bid for GSK nutrition business

INDIA – The British consumer goods giant, Unilever may walk away with the Glaxo SmithKline’s nutrition business with a US$3.4 billion all-cash offer for a 72.5% stake, according to a person with direct knowledge of the matter identified with Financial Times (FT). GSK has also confirmed that consideration is being given to a potential transaction…

Coca-Cola Amatil confirms Australian SPC fruit unit sale

AUSTRALIA – Coca-Cola Amatil has confirmed that it will be selling its fruit and vegetable processing unit in Australia, SPC, a business that has been making losses over the years. The company which has also warned of declining beverage volumes in Australia embarked on a strategic review of the business in August this year with…

SA’s largest feedlot looks to China for booming exports trade

SOUTH AFRICA (Bloomberg News)- The world’s largest cattle feedlot is expanding South African beef exports beyond the Middle East to take advantage of surging demand in China and other Asian markets. Karan Beef’s feedlot, south of Johannesburg, is emblematic of a push by South African agriculture to boost exports of more niche products, ranging from…

Sino Agro signs MoU with Nortus for an aquaculture facility in Angola

ANGOLA – Sino Agro Food, a China-based US diversified protein food company, has signed a memorandum of understanding (MOU) with Nortus Lda, an Angolan company, for aquaculture development and the construction of an aqua farm in the country. The companies will engage in efforts to develop a vertically integrated farming system in Angola modelled after…

Syngenta to scale development of hybrid wheat ahead of 2020 release

USA – The world agricultural company, Syngenta has said that it remains committed to development of hybrid wheat in North America after expectations for the release of hybrid wheat in North America around 2020-21, reports World Grain. The company said it has decided to scale back late-stage development work in hybrid wheat in North America…

Buhler names Andy Sharpe new North American president and CEO

USA – Buhler Inc., global company in process engineering and technology for food, feed, and advanced industrial materials has named Andy Sharpe as the next president and chief executive officer of Buhler, Inc., effective Jan. 1. He succeeds Rene Steiner, who is retiring following a 50-year career with Buhler, and will remain with the company…

Syngenta expands Board with new directors from ChemChina

SWITZERLAND - Swiss-based global company Syngenta has announced that ChemChina has appointed two additional Directors, bringing its Board to a total of ten members. The appointments included that of Paul Fribourg, Chairman and Chief Executive Officer of Continental Grain Company as a Non-Executive Director and Erik Fyrwald, Chief Executive Officer of Syngenta an Executive Director.…

Bunge names Robert Coviello new executive VP and chief strategy officer

USA – Bunge Ltd has appointed Robert Coviello as the company’s new executive vice-president and chief growth and strategy officer effective Jan. 1, 2019. Coviello will report to Soren Schroder, chief executive officer (CEO) at Bunge Ltd. He will drive the development of Bunge’s strategic plans, working alongside the executive committee to evaluate strategic alternatives…