Russell Stover Chocolates restructures its production and distribution operations

USA – Russell Stover Chocolates, the top manufacturer of boxed chocolates in the US is making several changes to the production, retail and distribution networks to align its operations with the changing consumer needs across […]

Nestlé plans US$2.08bn investment to boost sustainable packaging & innovation

SWITZERLAND – Nestlé has committed to invest up to CHF 2 billion (US$2.08bn) to lead the shift from virgin plastics to food-grade recycled plastics and accelerate the development of innovative sustainable packaging solutions. The commitment […]

Mumias Sugar set to re-embark on ethanol production as part of the millers revival plan

KENYA – Mumias Sugar Company is expected to resume ethanol production Friday, 17th January 2020 after reconnection of power supply to the factory. Mr Ponangipalli Venkata Ramana Rao, the receiver-manager appointed by Kenya Commercial Bank […]

Kwale cane miller gets greenlight to resume cane milling

KENYA – Kenya’s ultra-modern sugar factory, the Kwale International Sugar Company Limited (KISCOL) has finally started crushing cane after it got the green light from a Kenyan high court to resume production. A protracted legal […]

Balchem Corporation acquires specialty snacks maker Zumbro River Brand

USA – Specialty ingredients manufacturer Balchem Corporation has acquired Minnesota- headquartered Zumbro River Brand Inc for an undisclosed sum. Zumbro specializes in developing, marketing, and manufacturing agglomerated and extruded products for the food and beverage […]

Tanzania’s Kilombero Sugar debuts new pack to meet rising demand

TANZANIA – KILOMBERO Sugar Company Limited has introduced 5kg pack ‘Bwana Sukari pack’ of sugar in market to cater for the growing demand for prepacked sweetener aimed at increasing accessibility and ultimately penetrate wider market. […]

Cargill invests US$113m in Ivory Coast and Ghana cocoa processing expansions

WEST AFRICA – Global agribusiness company, Cargill will be investing over US$113 million to expand its cocoa processing sites in Yopougon, Ivory Coast and Tema, Ghana. The company is planning to invest US$100 million to […]

Hostess Brands to acquire Canadian cookie company Voortman for US$320m

USA – Hostess Brands has entered into an agreement to acquire Voortman, a Canadian maker of cookies and wafers, from Swander Pace Capital for approximately US$320 million (C$425 million). Hostess believes that the acquisition of […]

Consultants suggest complete reconfiguration of Ethiopian sugar industry

ETHIOPIA – Consultants hired to shape the future sugar sector in Ethiopia have urged the government to remove the existing 33 percent excise tax levied on local producers, reports The Reporter. In a public consultation […]