BASF Corp. appoints company veteran Michael Heinz as new chairman and CEO

US – BASF Corp, the North American affiliate of German chemical giant BASF SE, has appointed Michael Heinz as the new chairman and chief executive officer. Michael who assumed the role on June 1 is a veteran of BASF having worked at the chemical giant for over 40 years. According to a statement from the company, Heinz has spent over a decade in leadership positions in the US. He has previously led BASF’s activities in Mexico and Ecuador and was in charge of the firm’s Crop Protection division. Heinz also…

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Demand for ‘clean-label’ snacks spikes in India as consumers become increasingly health conscious- Mintel

INDIA –  Indian consumers are becoming more conscious about the nutrition profile of the foods they eat and the trend is now becoming a major factor influencing purchase decisions of many consumers. This is according to a recently published study by market research firm Mintel on snacking attitudes of Indian consumers. According to the study, there is a growing consciousness about reducing the guilt of snacking among many Indians who are now preferring products with “free from” labels on their packaging. ‘No additives or preservatives’ is one of the top…

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Kenya makes agribusiness attractive to youths with launch of US$20m capacity building initiative

KENYA – Kenya has unveiled a Ksh. 2.2 billion (US$20m) Empowering Novel Agribusiness-led Employment (ENABLE Kenya) program, aimed at creating employment, generating income and bridging succession gap in the agribusiness sector. The youth capacity building initiative, ENABLE Kenya is funded by both the Government of Kenya and the African Development Bank (AfDB). It seeks to build the capacity of 10,000 youths involved in agribusiness, to enable them create employment opportunities for 50,000 others. Besides training and capacity building, a large proportion of the Ksh 2.2 billion (US$20m) fund will be…

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Burkina Faso approves commercial use of first pear millet hybrid

BURKINA FASO – The National Seed Committee of Burkina Faso, has announced the registration of the country’s first pearl millet hybrid in the National Seed Catalog. Commonly known as Nafagnon, the grain is the first single-cross hybrid to be approved in West and Central Africa, and was developed by the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT), a not-for-profit international agricultural research organization in Niger. Also identified as, ICRISAT Millet Hybrid (ICMH) 147007, the millet variety was evaluated in Burkina Faso by the Institut de l’Environnement et de…

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Bunge partners IMCD to expand presence in Europe’s lecithin market

NETHERLANDS – Bunge, a leading oilseeds processing company and one of the world’s largest lecithin producers, is looking to expand its presence in Europe’s lecithin market through a partnership with IMCD. The exclusive distribution partnership was entered by Bunge Loders Croklaan, Bunge’s plant-based lipids business and IMCD’s Food and Nutrition division. According to a statement from Bunge, the agreement which is effective immediately, allows IMCD to distribute Bunge Loders Croklaan’s complete BungeMaxx lecithin portfolio in Europe. Specifically, IMCD will be the exclusive distributor of Bunge’s lecithin portfolio in Austria, Belgium,…

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Kenya Breweries Limited to cash in on rising spirit demand, invests US$9.2m in new processing line

KENYA – Kenya Breweries Limited (KBL), subsidiary of Diageo through the East African Breweries Limited, is set to inject Ksh1 billion (US$9.2m) in the establishment of a new spirit processing line, in a bid to meet the high demand witnessed in the segment. According to reports by Business Daily, the investment will be used to acquire new line machinery and expand storage capacity at KBL’s sister company, UDV Kenya. This will enable KBL to begin local production of new international spirit brands, while ramping up volumes of those already being…

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Kellogg’s helps more than 440,000 farmers adopt sustainable farming practices

US – American multinational food manufacturing company Kellogg has through its Origins program helped more than 440,000 farmers in 29 countries to adopt sustainable farming practices. According to a statement from Kellogg’s, the program has helped communities restore agricultural ecosystems in regions where Kellogg sources by using nature-based systems to boost farm productivity. In the Origins Spain project, 68 farmers managing over 12,000 acres are reported to partner with Kellogg and the Institute of Agrifood Research and Technology to address challenges with soil salinity and crop pests in rice. The…

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South Africa, Rwanda up game in reducing plastic waste pollution promoting circular economy

SOUTH AFRICA – South Africa has made significant strides in boosting recycling of plastic bottles with the launch of a new novel labelling technique, as Rwanda’s private sector is set to plough in huge amount of funds to facilitate collection, transportation, disposal and recycling of single-use plastics in the next five years. South African PET plastic bottle recyclers Extrupet and PETCO, in partnership with drinking water bottler Oasis Water, label manufacturer UPM Raflatac and label printers Java Print, have unveiled a new wash-off label adhesive placed on bottles. The ground-breaking…

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Turkish grocery delivery firm Getir raises US$550m to fund expansion into North America

TURKEY – Getir, a pioneer in the ultrafast grocery delivery market, has raised more than US$550 million in a Series D funding round even as it continues with its ambitious expansion plans. The company which is reported to now have a valuation of US$7.5 billion has already set up shop in London, the UK and in Amsterdam, the Netherlands. Getir’s couriers are set to hit the road in Paris, France and Berlin, Germany in the coming week, according to a statement from the company. The recent funding round comes on…

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South Africa’s Premier FMCG expands confectionery portfolio with acquisition of Mister Sweet

SOUTH AFRICA – Premier FMCG, the manufacturer, distributer and marketer of branded and private label fast-moving consumer goods in Southern Africa, has acquired Mister Sweet, the sugar-based confectionery business of Lodestone Brands. The business purchase is in line with Premier’s growth strategy into the candy business, as the acquisition of the well-known brands i.e., Mister Sweet, Candy Tops, Champion, Rascals, and Frutus, will expand its current Manhattan Sweets and Super C Sweets candy portfolio. The consumer goods company, commenced operations at its newly built confectionery manufacturing factory in the first…

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