Product reformulation a success in Ireland, industry says

EUROPE - The Irish trade association, Food Drink Ireland (FDI) has said that product reformulation rather than taxes, has brought tangible results for public health, a critical indicator for the success of the industry, a Euractiv article reveals. This is in line with the 2016 Reformulation Project report launched by FDI in collaboration with Crème…

Ant Financial secures right to become the largest shareholder in Zomato

ASIA - Zomato’s newest investor and an affiliate company of the Chinese Alibaba Group, Ant Financial has received the right to become the biggest shareholder in the restaurant search and discovery service, reports ET Retail. The agreement gives Ant Financial greater say in company operations compared to other stakeholders even as the Chinese firm seeks…

Grofers partners with local businesses for last mile delivery

ASIA - The Indian online grocery delivery service, Grofers is partnering with local entrepreneurs to help with last mile delivery with an aim to roll out over 2,000 local businesses and store owners under the programme by the end of the year. According to ET Retail, this will be followed by expansion of the services…

Africa’s Most Prestigious Food Industry Awards Ceremony is finally here!

KENYA -  The 2018 edition of the Africa Food Industry Excellence Awards - Africa's most prestigious food, beverage and milling industry awards -  has finally arrived. Hon. Peter Munya, who is the Cabinet Secretary of the Ministry of Industry, Trade & Co-operatives in Kenya will be the Chief Guest at the Awards ceremony. During the event, winners of the…

Campbell Soup appoints Craig Slavtchef as head of R&D organization

USA - Campbell Soup Company, an American producer of canned soups and related products, has announced the appointment of Craig Slavtcheff, 51, as Vice President and Head of Research and Development (R&D). According to the company, Slavtcheff will lead Campbell’s entire R&D organization, including strategy, innovation and product development for the company’s divisions, as well…

Corbion launches vinegar-based mold inhibitor for bakers

NETHERLANDS – Corbion, a Dutch food and biochemicals company, has launched a natural mold inhibitor, Verdad MP100, which matches calcium propionate for mold control and tops competing clean-label solutions for bakers. According to the company, the new, naturally derived preservative is not the first clean label mold inhibitor to reach the market, but it is…

Spur’s earnings grow 14% this year as it banks on new technology opportunities

SOUTH AFRICA - The South African steakhouse franchise restaurant chain, Spur Corporation has posted a 14% rise in headline earnings per share (Heps) from continuing operations and is banking on technology platforms such as Uber Eats and Mr Delivery for services to expand its customer base, reports Business Day. While comparable Heps were down by…

Bunge Loders Croklaan launches new liquid margarine for artisanal and industrial bakeries

USA - Bunge Loders Croklaan, a leading global producer of sustainable premium quality vegetable oils and fats, has launched its new, next-generation, liquid margarine: Delica Pro Gold. According to FoodingredientsFirst, the plant-based, clean-label margarine for artisanal and industrial bakeries will be featured for the first time at IBA in Munich, later this month. Delica Pro…

Japan scraps ban on liquid baby formula with new standards for manufacturers

JAPAN - Japan’s milk industry has welcomed its government’s decision to revise an ordinance that prohibited the production and sale of liquid baby formula, reversing the ban that had permitted powdered product only. According to justfood, the ministry of health, labour and welfare has announced new standards for ready-made liquid baby formula that can be…

Walmart unveils new last-mile delivery pilot to expand its grocery delivery services

USA - The American retail corporation Walmart has announced a new last-mile delivery pilot programme, Spark Delivery that will see timely grocery deliveries from their stores to customer’s front doors. Walmart is rolling out the system in Nashville and New Orleans with more launches to come in more metropolitan areas this year. The crowd-sourced delivery…