Givaudan to acquire DDW to bolsters position in US natural colors market

USA – Swiss multinational food ingredients supplier Givaudan is on track to acquire DDW, The Color House, a US-based colors company, as part of a 2025 strategy to expand the company’s global Taste & Wellbeing business.    Headquartered in Kentucky, US, DDW is a privately-held company specializing in natural colors, with 12 global manufacturing facilities.  The company has developed a crucial market position from its origins in the brewing industry through its capabilities in caramel colors.  Its acquisition is expected to help Givaudan become a key player in natural colors, diversify its color portfolio and elevate food experiences…

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European Union approves Grasshopper as novel food for human consumption

EUROPE – Member States of the European Union have approved Grasshopper Locusta migratoria as novel food for human consumption.   The decision follows the positive opinion by the European Food Safety Association (EFSA) issued earlier in July for an application submitted by Fair Insects, a Protix company.   In the opinion, EFSA concluded that Grasshoppers, as a novel food was safe for human consumption, creating the way towards the wider EU commercialization of insects as food.    The adoption of the draft Implementing Regulation by the EU Members States marks one of the very last legal steps towards the final…

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Nigeria consents open cultivation of genetically modified TELA maize with drought, pest resistance attributes

NIGERIA – The Federal Government of Nigeria has granted environmental approval for evaluation and open cultivation of TELA maize, a new maize variety genetically modified to tolerate moderate drought and resist the fall armyworm and stem borer. This development now places Nigeria one step closer to commercializing the biotech maize following in the footsteps of South Africa and Egypt. The TELA maize project builds on progress made from a decade of excellent breeding work under the Water Efficient Maize for Africa (WEMA) Project.  WEMA’s purpose was to develop drought-tolerant and…

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Low sugar output to nick South Africa’s sugar export in 2021/2022

SOUTH AFRICA – Troubled South Africa sugar industry expects a 7% fall in raw sugar production to 2 million MT in the 2021/22 Marketing Year (MY), from 2.1 million MT in the 2020/21 MY. This is attributed to reduction in the quantity of cane delivered to the mills, limited crushing capacity due to the closure of two sugar mills, and a decline in mill efficiencies. According to a semi-annual report by USDA, production of sugar cane crop is forecasted to fall by 2 percent to 17.9 million MT in 2021/22,…

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Olam Food Ingredients partners Agri-Neo to produce organically pasteurized dried onions

USA – Olam Food Ingredients (OFI) has announced that its spices business is entering into a strategic partnership with Agri-Neo to provide the industry’s first organically pasteurized dried onions.  OFI’s dried onions are used across a broad range of applications including pizzas, burgers, sauces, snacks, marinades and soups.  It was however not possible to certify these ingredients as organic as existing pasteurization methods often subjected the onions to radiation- a process not allowed in organic ingredient processing  Agri-Neo’s pasteurization technology, Neo-Pure™ however helps manufacturers achieve pasteurization-necessary for food safety- while…

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Coca-Cola HBC pledges net-zero emissions by 2040, announces US$289m investment in emission reduction initiatives

SWITZERLAND – Coca-Cola Hellenic Bottling Company, the third-largest Coca-Cola anchor bottler in the world, has made a commitment to reduce emissions to net-zero across its entire value chain by 2040.  To achieve this goal, the Zug, Switzerland-based bottler has committed to invest €250m ($289m) in emissions reduction initiatives by 2025.   Part of the funds will go towards facilitating the company’s transition to 100% renewable electricity and low carbon energy sources.   Coca-Cola HBC also plans to invest in continuous improvements and innovations in energy efficiency to further reduce the carbon footprint…

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AB InBev fishes out for innovative ideas through Beer Garage Africa Innovation Challenge

AFRICA – AB InBev, world’s renowned beer company, AB InBev has partnered with Hindsight Ventures to launch the Beer Garage Africa Innovation Challenge, which will offer startups access to venture development and grant funding. With over 500 brands and over six million B2B customers in over 100 countries, AB InBev launched Beer Garage a few years ago with the objective of driving innovation by building a strong community of ecosystem stakeholders. As part of this initiative, the beer major is now launching the Beer Garage Africa Innovation Challenge, a pan-African…

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AfDB promotes agribusiness in São Tomé and Príncipe with US$10.7m grant offered to SMEs

SÃO TOMÉ AND PRÍNCIPE – The African Development Fund (ADF), an entity of the African Development Bank Group, has issued a grant of US$ 10.7 million to São Tomé and Príncipe for the implementation of the first phase of the Zuntámon Initiative, focused to supporting growth of SMEs in agriculture industry. The Zuntámon Initiative will focus its interventions on commodities to which women and youth are actively contributing, as well as export products with high growth potential such as cocoa, coconut and horticultural products. The focus on these products and…

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Coca-Cola System celebrates 70 years in Nigeria, earmarks US$1 billion investment in next 5 years

NIGERIA – Boasting of having 8 manufacturing plants, over 7,000 dealers, skilled and dedicated employees, and a sophisticated distribution system across Nigeria, there is practically no community in Nigeria where a cold bottle of Coca-Cola is not within the close reach of consumers. Marking 70 years of existence in the West African country since 1951, through its bottling arm Nigerian Bottling Company (NBC) Limited and Coca-Cola Nigeria Ltd, the Coca-Cola System has kicked off its platinum jubilee celebration with a raft of activities lined up to run all through the…

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