Bonduelle Fresh Americas appoints former Cargill executive Mary Thompson as new CEO

USA - Bonduelle Fresh Americas, home to the Ready Pac Foods brand and the newest business unit of Bonduelle, has announced the appointment of Mary Thompson to chief executive officer, effective Oct. 8. According to the company, she will lead the day-to-day management of Bonduelle Fresh Americas and develop a strategic vision and approach for…

Cargill reports fiscal 2019 first-quarter results with 5% rise in revenues

USA – Cargill, an American provider of food, agriculture, financial and industrial products, has reported a 5% revenue increase in results for the first quarter of fiscal 2019, which ended Aug. 31, 2018. According to the company, the adjusted operating earnings totalled US$883 million, nearly matching the US$888 million earned in last year’s strong comparative…

Cargill introduces a new range of label-friendly potato starches for meat and meat alternatives

USA - Cargill, an American privately held global corporation, has introduced a new portfolio of label-friendly functional native starches with the addition of three potato starches designed for meat, meat alternatives and culinary applications. According to the company, it is designed for mild processing conditions, these starches offer superior viscosity and improved sensory experience, without…

Cargill’s European poultry business expands into Poland with acquisition of Konspol

EUROPE – Cargill, an American privately held global corporation, has reached an agreement to acquire Konspol, one of Poland’s leading value-added food companies, providing an array of products in the chilled convenience, frozen and cold cut categories. According to the company, the acquisition marks the introduction of Cargill’s global protein business into the Polish market…

Cargill India ventures into rice bran oil segment through its Gemini brand

ASIA - Cargill India’s Gemini brand has ventured into the rice bran oil segment with a goal to gain 10% of the market share in the segment in Maharashtra within one year. The company said Gemini rice bran oil has 40% more oryzanol as compared to any regular edible oil, which reduces bad cholesterol in…

Cargill doubles volume of sustainable sourced cocoa to benefit farmers in Ghana

GHANA- The food, agriculture and industrial products company Cargill has doubled the volume of sustainable cocoa sourced with an estimated 13,000 cocoa farmers who benefit from its own licensed buying company (LBC) initiative. Cargill has initiated direct sourcing of the commodity, and this is a 30% increase from the 10,000 farmers from last year. The…

Cargill to invest US$150m in new pectin facility in Brazil to meet market demand

USA - The global agricultural company Cargill is planning to invest US$150 million in a new pectin production facility in Brazil, South America to meet market demand for high-quality pectin. The facility will produce HM pectin, a versatile, citrus fruit-based texturizer used for jams, beverages/juices, acid dairy drinks and confectionery. According to Cargill, the project…

Cargill invests US$40m at England factory to increase production

ENGLAND - American group Cargill has invested US$39.78 million at its factory on a 13-acre site at Balliol Business Park, England as it takes on production operatives, shift engineers and team leaders for the factory. The new line will extend its capacity to more than the 19,000 tonnes of chicken product it currently delivers annually.…

Cargill opens new aquaculture center in Indonesia

INDONESIA – Cargill, an American privately held global corporation, has opened an aquaculture innovation center in Indonesia to work with freshwater fish farmers in raising farming and feeding standards. According to the company, the Technology Application Center (TAC) is located at Ciseeng, Parung-Bogor, which is a hub for freshwater aquaculture in Indonesia. It will bring…

Perdue Farms subsidiary acquires Cargill’s closed elevator in the US

USA - Perdue AgriBusiness, the grain subsidiary of the Salisbury based Perdue Farms has acquired a shuttered Cargill grain elevator in Vincennes, Indiana, U.S, set to reopen for the 2018 harvest. The companies said while the sale is finalized, the elevator will be operated as a leased facility and at the moment, Perdue is undertaking…