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BELGIUM – Cargill, an American privately held global corporation, has invested in a new liquid Belgium chocolate production line in its Mouscron production facility in Belgium. According to the company, the investment increases the company’s capacity to produce milk and dark chocolate and creates up to 10 new local jobs. Cargill’s cocoa and chocolate business…
SWITZERLAND - The HOCHDORF Group, the producer of natural ingredients such as milk, wheat germ and oil seeds, is parting company with HOCHDORF Baltic Milk UAB. The HOCHDORF Baltic Milk UAB milk plant, which is being taken over by an investment group, was the HOCHDORF Group's first milk plant in the European Union. The sale will take place retroactively to the end of May.…
UK - Arla Foods has appointed its current SVP - Sales for Arla Foods, Ash Amirahmadi as new management director for UK effective 1 July 2018. He succeeds Tomas Pietrangeli, who is leaving the company to become CEO of Danish retail group Dagrofa A/S as from 30 June 2018. Ash Amirahmadi joined Arla Foods in…
NETHERLANDS - DSM, the Dutch speciality chemicals company said in a strategy update that it targets value-creating acquisitions predominantly in Nutrition as well as step-up its ambitious goals regarding the reduction of GHG emissions, energy efficiency and use of renewable energy. The company said given its science-based competencies, it works on delivering on global megatrends…
INDIA - The Indian online grocery and food products provider, BigBasket is eying a majority stake in smart vending machines start-up Kwik24 in an effort to expand its offline grocery business. ET Retail reported that according to people familiar with the matter, BigBasket had earlier launched a pilot program with Kwik24 to deploy smart vending…
FRANCE - Nestle SA, in line with its innovation models called ‘internal incubators’ will invest in Outsiders Pizza Co. and Wildscape brands as part of its innovation approach through start-ups. The investment enables Nestle combine its broad capabilities and strength with the speed and mentality of a start-up in order to conform to the ever…
USA - Seaboard Triumph Foods (STF), a joint venture between Seaboard Foods and Triumph Foods has announced that it plans to increase production with a full second shift at its pork processing facility in Sioux City, Iowa by mid-October. The second shift has been running since May but on a limited basis, with continued hiring…
SOUTH KOREA - South Korea has announced that it has suspended wheat and flour imports from Canada after the Canadian Food Inspection Agency (CFIA) announced that it had discovered genetically modified (GM) wheat in southern Alberta. On June 15, Japan temporarily halted imports of Canadian wheat saying it was reviewing tests that Canadian officials had…
USA - The United States has threatened to impose a 25% tariff on products with ‘industrially significant technologies’ from China while the latter has promised retaliatory measures on 100 types US goods including 25% tariff on soybean. The new measures were announced by US President Donald Trump on June 14 prompting a haste response from…
USA - The American multinational retail corporation, Walmart has inaugurated a new dairy processing plant in Fort Wayne, Indiana, its first food production facility in the United States. The facility will produce liquid milk sourced from 30 dairy farms in Indiana and Michigan, serving some 500 Walmart stores in Illinois, Indiana, Ohio, Michigan and Northern…
