Louis Dreyfus joint venture breaks ground on new aquafeed mill in China

CHINA – Louis Dreyfus Company B.V., through a joint venture with Guangdong HAID Group has started construction of a new aquafeed mill in Tianjin, China. The new mill will be built and operated by their […]

Listeriosis crisis impacts on Tiger Brands performance as revenues decline

SOUTH AFRICA – Tiger Brands, a South African packaged food company, has reported a decline in profits in the six months to end-March following the 2018 listeriosis outbreak that has negatively impacted the performance of […]

EU Council adopts directive banning single-use plastics

EU – Council of the European Union has adopted a new directive banning the use of certain single-use plastics most attributed to marine pollution. The new measures proposed by the commission introduces restrictions on certain […]

Mars Petcare backs US$11m funding in dog food startup Wild Earth

USA – Wild Earth Inc., a technology startup developing clean protein dog food has closed US$11 million Series A funding round backed by Mars Petcare. The financing was led by venture capital firm VegInvest, with […]

Grand Parade Investment’s Hassen Adams to step down as chairman

SOUTH AFRICA – Grand Parade Investments (GPI), a South African restaurant and gaming group, has announced that Dr Hassen Adams will step down as executive chairman of the company effective 30th June this year. The […]

Ardent Mills expands specialty grains capabilities at Denver mill in US

USA – North America’s leading flour supplier, Ardent Mills has unveiled plans to expand flour milling and production capabilities at its Denver mill in the United States. In addition to flour milling, the company will […]

Corteva Agriscience partners Zimbabwe’s Valley Seeds to bolster growth in agriculture

ZIMBABWE – Corteva Agriscience, a division of United States-based global agricultural inputs provider DowDuPont, has entered into a strategic partnership with Zimbabwe’s Valley Seeds in a bid to enhance growth in the agriculture sector. The […]

US Wheat Associates promotes Amanda Spoo to Director of Communications

USA – U.S. Wheat Associates (USW) has appointed Amanda Spoo as Director of Communications in its Arlington, Va., headquarters. Spoo, who previously served as assistant director of communications for USW will continue to deliver on […]

Olam International prices US$120 million US debt private placement

SINGAPORE – Olam International has announced that its wholly-owned subsidiary Olam Americas Inc. (“OAI”) has successfully priced a US$120 million issuance of 5-year fixed rate notes via a private placement. According to the company, proceeds […]