Nestlé partners with Burcon and Merit on plant-based ingredients

SWITZERLAND – Nestlé has entered into a joint development agreement (JDA) with Merit Functional Foods and its technology partner Burcon NutraScience to tailor their plant-based proteins for use in Nestlé food and beverage applications. The […]

HKScan to invest US$6.62m in expanding poultry processing facility in Finland

FINLAND – Meat and food company, HKScan has unveiled plans of investing €6 million (US$6.62m) in the new slaughter process of its poultry unit in Rauma, Finland. HKScan expects the investment to significantly improve raw […]

Global agric trade platform Covantis partners with blockchain company ConsenSys

SWITZERLAND – Covantis, the industry-wide initiative to modernize global agricultural trade, has partnered with ConsenSys, a market-leading Ethereum blockchain technology company. Covantis was introduced the founding members of the trade initiative; ADM, Bunge, Cargill, COFCO […]

Agrana invests US$3.75m at R&D sites in in France and Austria

AUSTRIA – Agrana, a Vienna-headquartered food company is investing around €3.4 million (US$3.75m) at two research and development sites in France and Austria this year. The investment includes €2.6 million (US$2.87m) in France to open […]

Keeping the pace: New study highlights plant-based protein trends in 2020

USA – Plant-based proteins dominated the food and beverage landscape in 2019 driving new product introductions and overall industry buzz. As food companies look for ways to keep pace with the rapidly expanding and evolving […]

Conagra Brands launches new Duncan Hines Keto Friendly Cake Cups

USA – Duncan Hines, a brand of Conagra Brands, has unveiled a collection of Keto Friendly Cake Cups, designed to meet the growing demand by consumers seeking low-carbohydrate snacks. Duncan Hines Keto Friendly Cups come […]

Louis Dreyfus Company secures US$100m to expand operations

NETHERLANDS – Louis Dreyfus Company, a leading merchant and processor of agricultural products has secured a US$100 million financing facility from the EBRD to facilitate the company’s regional expansion. The funding will support LDC’s operations […]

Sainsbury’s announces succession plan as CEO Mike Coupe retires

UK – British supermarket group, Sainsbury’s has appointed Simon Roberts as the group’s Chief Executive Officer following Mike Coupe’s decision to retire after almost six years as the retailer’s CEO. Simon, who is the Retail […]

Yara and IBM launch collaboration to advance sustainable food production

SWITZERLAND – Yara International, a crop nutrition and digital farming solutions provider has partnered with IBM to launch the Open Farm & Field Data Exchange, a collaboration for farm and field data that seeks to […]