Category: WORLD NEWS

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Post-Brexit border bottlenecks force British retailer Marks & Spencer to close 11 franchise stores in France

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FRANCE – British multinational retailer Marks & Spencer (M&S) will be closing its 11 franchise stores with partner SFH in France over the coming months due to cross-border bottlenecks affecting the supply of fresh and chilled products from the UK into Europe.  An M&S spokesperson revealed to journalists that the lengthy and complex export processes now in place following the UK’s exit from the EU have been significantly constraining the supply of fresh and chilled product from the UK into Europe.  This, according to the spokesperson, has had an impact product…

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Enough starts project to build the world’s largest fermentation-based mycoprotein facility

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NETHERLANDS – Alternative protein company Enough has broken new ground on the construction of its “first of its kind” protein factory, touted as the world’s largest non-animal protein farm.  The factory to be built in 2022 will have an initial capacity to produce 10,000 metric tons of mycoprotein per annum, the equivalent of more than five cow’s worth of protein every hour.  The 15,000 square meter facility is co-located alongside the Cargill facility in Sas van Gent in the Netherlands and is expected to initially create 25 new jobs.  The company expects…

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PepsiCo launches pep+ to guide renewed focus on sustainability, healthy foods

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USA – American snack and food beverage giant PepsiCo has launched a new strategic plan dubbed pep+ (“pep positive”) which is aimed at refocusing the company’s key strategic goals around sustainability and production of healthier foods.  According to a statement from the company, the pep+ will guide how PepsiCo improves its business operations, from sourcing ingredients using regenerative agriculture, to manufacturing, packaging, and selling its products in a more circular way.  Under the new strategy, the maker of Lays and Doritos snack brands also plans to prioritize more on chickpeas,…

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Givaudan partners Bühler, Migros to launch cultured food innovation hub

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SWITZERLAND – Givaudan, Bühler and Migros have joined forces to create a new pilot facility for cellular agricultural products, as they look to expand their presence in this high growth sector.  In cellular agriculture, animal cells are used as a starting point, and then technologies such as fermentation are employed for the cultivation of meat products.   The result is meat identical in structure and in taste to its animal counterpart with vastly reduced environmental impact and no mass farming or slaughter.  Located in The Valley in Kemptthal, Switzerland, the Cultured Food Innovation Hub will serve…

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Mane Kancor expands R&D capabilities with launch of new Innovation center

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INDIA – Mane Kancor, a subsidiary of French flavour specialist Mane, has inaugrated a new Innovation center at its campus in Angamaly, India.   According to a statement from the food ingredients supplier, the new innovation center is housed in a 24000 Sq.ft building set in a vast stretch of land.   The state-of-the-art facility integrates all the research activities and product development initiatives in one comprehensive site with the support of expert analytical teams and top-of-the-line technologies.  Mane Kancor notes that the new facility will focus on innovations in natural shelf-life solutions, natural color solutions, culinary taste…

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Kroger partners Instacart to launch 30-minute delivery service as Zomato shutters grocery delivery service

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US –  American retail company Kroger is teaming up with Instacart on a new delivery service that can get grocery items to customers in as little as 30 minutes.   Called Kroger Delivery, the service will offer customers up to 25,000 items to choose from and is targeting to reach up to 50 million homes, the company said in a statement.   Kroger which boasts of more than 2,700 stores, will offer the service for its namesake stores as well as Ralphs, Fred Meyer, King Soopers, Fry’s, Mariano’s, and Smith’s locations.  Chairman and CEO Rodney McMullen noted that the fast delivery will help the…

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Kerry completes US$1B acquisition of Niacet as Prinova expands portfolio with purchase of Ingredient House

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IRELAND – Global taste and nutrition company Kerry has completed the acquisition of leading food protection and preservation technology supplier Niacet.  The acquisition which was previously announced in June this year aims to complement Kerry’s extensive portfolio of food protection and preservation technologies and processes.  A stronger Kerry portfolio coincides with strong consumer and market demand for technologies that preserve freshness, extend shelf life and reduce the global burden of food waste is accelerating.   Niacet boasts of a range that includes both conventional and clean label solutions and has a clear leadership position in bakery…

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CCEP invests US$33m to expand sustainable packaging capacity of UK manufacturing site

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UK – Coca-Cola Europacific Partners (CCEP), one of the largest anchor bottlers of beverage giant Coca-Cola, has invested £28m (US$33m) into its manufacturing site in Sidcup, United Kingdom to fund the installation of a new canning line.  The new high-speed canning line is capable of producing 2,000 cans per minute, elevating the site’s production capabilities and supporting the production of sustainable packaging for a number of CCEP’s brands.   According to a statement from the UK-based bottling giant, the new canning line is set to open in June 2022, creating…

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Nestlé to support 40,000 young farmers adopt regenerative farming practices as part of net zero ambitions

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SWITZERLAND – Swiss food manufacturing conglomerate Nestlé is aiming to help at least 40,000 young farmers adopt regenerative farming practices as part of its efforts to create a sustainable food system.  To support young people who are passionate about farming, Nestlé said it is launching a new training platform in November to attract and train the next generation of farmers.   The training will focus on regenerative agriculture practices and improving the resilience of farms to climate change for young farmers participating in one of Nestlé’s agripreneurship programs.  Nestlé renewed focus on regeneration efforts…

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IPO bound craft beer company Brewdog raises record US$42m in online equity crowdfunding round

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UK – Brewdog, the world’s most prominent craft beer company, has raised £30.2m (about US$42m) in an online-only equity crowdfunding round dubbed “Equity For Punks Tomorrow”.  According to the maker of Punk IPA beer, the funding was raised from a crowd of 73,802 investors which it refers to as “Equity Punks”.   The latest investment round (which BrewDog says is the final round) brings the number of investors in BrewDog to over 200,000 Equity Punks in total.  “Thanks to everyone involved in the project for making it such a world-record breaking success! Every single penny invested goes…

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