Berry Company to launch new-flavoured sparkling drinks

UK – UK juice producer, The Berry Company has announced that it will be launching new-flavoured sparkling drinks next month in slim 250ml cans. The drinks were created in two flavors, goji and acai and each can of the drink will not carry more than 56 Kcal, with over 30% not-from-concentrate juice. This meets UK government dietary recommendations on how many calories the population should consume in a day to maintain a healthy weight. The acai flavor was enhanced by addition of botanicals such as yerba mate and guarana to give it…

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Bunge acquires Minsa Corporation for US$75m to boost corn business

USA – Leading agribusiness company Bunge has acquired Minsa Corporation, the US-based corn milling company for US$75 million to boost its food and ingredients business in the US. Minsa Corporation, a subsidiary of Grupo Minsa S.A.B. de C.V. has sold its corn flour mills in Red Oak, Iowa and Muleshoe, Texas to the North American global agribusiness and food company. Minsa manufactures and distributes corn flour and other grain mill products. As the growing market for industrial ingredients and agricultural commodities such as grains and oilseeds grow, major industry players such as Bunge…

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Dr. Oetker to close pizza site as the Canadian market becomes competitive

CANADA – Dr. Oetker, a subsidiary of Oetker Group has announced that it will be closing its pizza manufacturing site in Great Falls as the Canadian market has become unfavourable to them. The closure which is expected to take effect in May will lead to a 70% transition of its manufacturing to its facility in London while 30% of its operation will proceed to its Lodi, New Jersey plant. The company highlighted that it was facing pressure when it comes to its manufacturing environment as a result of a complex…

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Rabobank invests US$74.8 million into Rabo Frontier Ventures

NETHERLANDS – Rabobank, a multinational company offering food and agricultural financial services, has invested US$74.8 million to fund the Rabo Frontier Ventures that seeks to elevate emerging fintech and food & agri companies. Rabo Frontier Ventures will receive financing from the Rabobank meant to support and boost fintech and food & agri innovations. This is part of Rabobank Group’s strategy to foster socio-economic development in the society. RFV’s investment will seek collaboration with fintech and food & agri companies who are able to offer customers new possibilities at the same…

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Wessanen launches a new smooth peanut butter spread

NETHERLANDS – Wessanen, the European based company and a leader in organic and natural food products, has expanded its Whole Earth brand to include a new smooth peanut butter spread. The new smooth peanut butter spread targets a population of consumers who are mindful of their health as it contains low cholesterol levels since it is made using high-oleic peanuts. It’s also said to be low in sugar, high fibre and the peanuts used to make it contained more monounsaturated fats, which are regarded as good fats. Consumers who are…

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Happy Family unveils first Organic Whole Milk Yogurt with no added sweeteners

USA – Happy family, the Danone owned brand for organic baby food, has taken a focus on children’s health by unveiling a new line for organic whole milk yogurt meant for babies and toddlers. The new yogurt products that aim at promoting the well-being of children aged 6 months and 3 years will not have added artificial sweeteners, to boost their nutritional requirements. The product will be available in two varieties: Happy Baby and Happy Tot Whole Milk products. The company has combined a wide variety ingredient to make a…

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Givaudan Group reports 4.9% rise in full year sales to US$5.47b

SWITZERLAND – Flavours and fragrances major Givaudan has posted its full year sales of US$5.47billion showing strong financial performance, up 4.9% from last year’s results. According to the company, the net income rose up by 11. 7% year-on-year basis, which amounted to US$771.4million and the EBITDA was of US$1167million. Givaudan completed the year with good business momentum and with the project pipeline and win rates being sustained at high levels. The good growth was achieved across all product segments and geographies, with recent acquisitions all contributing positively. The company continues…

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DSM, Evonik announce joint venture for omega-3s production

NETHERLANDS – Leading Dutch and German ingredients solutions companies DSM and Evonik have established a new company to manufacture omega-3 solutions for the animal feed industry. Dubbed Veramaris V.O.F., the new company will manufacture eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) omega-3 fatty acids from natural marine algae for animal nutrition. The 50/50 joint venture will be headquartered at the DSM Biotech Campus in Delft, Netherlands. According to the companies, Veramaris’s breakthrough innovation – algal oil – will, for the first time, enable the production of the essential omega-3 fatty…

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DNV GL partners with block chain company to improve product transparency

NORWAY – DNV GL and VeChain have agreed on a partnership to use block-chain to improve the transparency of product and supplier information, significantly increasing the efficiency of supply chains. According to DNV GL, this is one of the next series of steps in the company’s Digital Assurance Concept, which uses block-chain technology as a foundational technology to ensure trust, security and accountability in global commerce. VeChain is a pioneer in the block-chain industry, and controls the leading public block-chain platform for products and information. Combining key block-chain features with…

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Heineken launches partnership towards ending epidemics in Africa

AFRICA – The Global Fund, in conjunction with brewing giant Heineken have launched a new public-private partnership, joining forces to further advance the goal of ending HIV, tuberculosis and malaria epidemics in Africa. According to Heineken, it will lend its expertise in the areas of logistics and communications to support the Global Fund in better reaching specific demographic groups that are most at risk of HIV, tuberculosis and malaria, as part of the partnership. At the core of the partnership, Heineken will also pair supply chain experts with logistics planners…

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