Olam Foods Ingredients scales up efforts to enhance sustainability in global cashew supply chains

UK – Olam Food Ingredients (OFI), has published new targets aimed at making the global cashew supply chain more sustainable and rewarding to the farmer.  According to OFI, despite cashews being in high demand, cashew farmers are among the poorest in the world with no enough income to feed their families, afford much-needed healthcare or send their children to school.   Through its new sustainability targets, OFI hopes to change this narrative and encourage others in the sector to collaborate for measurable change.   The Cashew Trail strategy sets 2030 targets across OFI’s cashew business – in line with the United…

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Ardent Mills partners Nutrien Ag to advance regenerative agricultural practices

US – Ardent Mills, one of the leading flour-milling and ingredient companies in the United States, has partnered with Nutrien Ag Solutions, the retail division of the world’s largest crop inputs company, to advance regenerative agriculture practices.  According to a statement by Ardent Mills, the program is aimed at strengthening the soil ecosystem and helping producers improve their farms’ productivity and profitability.   The program uses key outcomes and provides side by side quality comparisons to comprehensively understand how regenerative agriculture affects the quality of wheat.  Through the program, the leading flour miller hopes to…

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Cargill, WFP partner to promote sustainable corn growing practices in China

CHINA — Agricultural commodities trading giant Cargill and the United Nations World Food Program (WFP) have partnered to promote sustainable corn growing practices in China.   To achieve their goal, Cargill and the WFP have launched a Holistic Agriculture Risk Management Project which will train farmers on how to reduce and alleviate the risks associated with corn farming.  Farmers will be taught on how to implement the application of innovative financial risk transfer approach of “insurance + futures”.  They will also be exposed to sustainable corn growing practices in an effort to increase their productivity…

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AppHarvest secures US$75m investment from Rabobank as AAK signs US$476m sustainability linked credit facility

US – AppHarvest, a leading AgTech specializing in the development of high-tech indoor farms, has secured US$75 million from Rabo AgriFinance, a subsidiary of Rabobank.  According to a statement from the Kentucky based company, the funds will be used to fuel expansion of its rapidly growing network of high-tech controlled environment agriculture (CEA) facilities in Central Appalachia.   AppHarvest  builds some of the world’s largest high-tech indoor farms that grow non-GMO, chemical pesticide-free produce.  The company says its farms use up to 90% less water than open-field agriculture and only recycled rainwater while producing yields up to 30 times that…

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Turning plastics into food: UK scientists convert post-consumer PET into edible vanillin

UK – A team of researchers from the University of Edinburgh in the United Kingdom have developed a novel solution of addressing post-consumer PET, converting it into human food. To create human food, Vanillin in particular, the researcher’s lab-engineered E. coli to transform terephthalic acid – a molecule derived from PET – into the molecule known for giving vanilla its characteristic taste and smell. Known as the “Queen of Flavors,” vanilla is the second most sought-after flavor in food and beverages after mint.  The classic and versatile taste continues to…

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Ivory Coast receives US$200m blended financing from Proparco, EAIF for establishment of oil palm waste electricity project

IVORY COAST – Biovea Energie, an Ivorian incorporated firm owned by Électricité de France (EDF), Meridiam and Biokala, a joint venture created by Meridiam and a major agro-industrial player in West Africa, Sifca has closed a financing deal for its Biovea project in the country. The Biovea project which seeks to set up the first biomass power plant with grid injection in Africa, is set to receive Euros 165m (US$200m) loan and Euros 13m (US$15.76m) grant from Proparco, the subsidiary of the French Development Agency (AFD) group responsible for financing…

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Tyson Foods bolsters sustainability efforts with new goal to achieve net zero emissions by 2050

US – Tyson Foods, the world’s second-largest processor, has set a goal of achieving net zero greenhouse gas emissions across its global operations and supply chain by 2050.  The US meat processor now joins a growing list of food companies such as Nestlé, Heineken, and Diageo that have ambitious net zero-emission targets.  Tyson however, is the first U.S.-based protein company to have an emissions reduction target approved by the Science Based Target initiative.  The transition to net zero – which includes scopes 1, 2 and 3 – marks an expansion of the…

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Kenya Association of Manufacturers launch body to address post-consumer waste

KENYA – The Kenya Association of Manufactures (KAM), has launched the Kenya Extended Producer Responsibility Organization (KEPRO) to promote collaboration, seek commitment by waste value chain players and support the achievement of a circular economy. The organization brings together players in the value chain to help increase awareness and promote sustainable capacity building in Kenya’s recycling and circular economy. The establishment of KEPRO is timely since it has come at a time when the government is gearing up to implement the Extended Producer Responsibility (EPR) Regulations. Its launch is also…

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Ivory Coast to add value to cocoa waste, invests US$244m in cocoa-powered bio-diesel plant

IVORY COAST – Ivorian specialist in the biomass sector, Société des Energies Nouvelles (SODEN), has partnered with US Trade and Development Agency to establish a cocoa-powered renewable energy plant. The project, which will innovatively put to use the cocoa-waste is expected to cost about 131 billion West African CFA francs (US$244m). Ivory Coast is the world’s leading producer of cocoa beans contributing over 40% of the global supply. The cocoa beans which are exported to power the US$130billion per annum cocoa and chocolate industry, make up a small portion of…

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Tanzania Breweries Limited eliminates use of PET packaging in production lines, shifts to aluminium cans

TANZANIA – Tanzania Breweries Limited (TBL), a subsidiary of AB InBev, has completely eliminated the use of polyethylene terephthalate plastic (PET) bottles in packaging of its non-alcoholic malt beverage Grand Malt, to exclusively use aluminium cans. The new packaging is in line with the company’s shift from the use of polyethylene terephthalate plastic (PET) bottles in its production lines, keeping with its commitment to promoting sustainable and circular packaging. This change also takes the parent company one step closer to achieving its 2025 Sustainability Goal of having 100% of its…

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