Zimbabwe bakers fault lack of forex as bread shortage & prices shoot

ZIMBABWE - The National Bakers' Association of Zimbabwe has attributed bread shortage in the market to lack of foreign currency which has hampered importation of wheat to support the industry, reports The Herald. Mr Ngoni Mazango, the association's president, said that bread supplies in the country have in the past two weeks declined drastically leading…

Ethiopia’s Dina Gezahegn to establish US$7.1 million flour and biscuit factories

ETHIOPIA – Dina Gezahegn Import & Export, Ethiopia’s major importer and exporter of agricultural commodities and meat has invested US$7.1 million to set up separate flour processing and biscuit manufacturing factories in the country. According to the Addis Fortune, the two factories sit on a 20,000Square metre land in Oromia Regional State, the plants will…

Cargill unveils artisan chocolate brand Veliche Gourmet in Netherlands

NETHERLANDS – American products and services company, Cargill has launched its artisan chocolate brand Veliche Gourmet in Amsterdam, the Netherlands. The new range is 100% sourced from Rainforest Alliance Certified farms, according to Cargill. Veliche Gourmet is high-quality Belgian chocolate range with outstanding sensorial profile that brings a full, smooth and superior taste to professional…

Kerry agrees to supply Renaissance’s acrylamide-reducing yeast technology

CANADA – Ireland based taste and nutrition company, Kerry has signed a license agreement with Renaissance BioScience Corp to supply Renaissance’s yeast technology. The partnership expands Kerry’s clean label offering, will see the food company commercialize Renaissance’s Acryleast, a non-GMO acrylamide-reducing yeast enzyme, to food and beverage manufacturers starting 2019. Acryleast is a natural, non-GMO…

Univar secures food ingredients distribution deal with Tata Chemicals in Canada

CANADA – Global chemical and ingredient distributor, Univar and India based Tata Chemicals have announced a new distribution agreement for fermented, digestive health ingredients in Canada. Univar will be the exclusive distributor of Tata’s Fossence and Gossence prebiotic dietary fiber portfolio of ingredients for the Canadian market. These fibers are used in a wide range…

Flowers Foods acquires the gluten-free baker Canyon Bakehouse for US$205m

USA – Flowers Foods, the American premier baker has agreed to acquire Canyon Bakehouse, a gluten-free baking company based in Colorado, for approximately US$205 million. This includes a performance-based contingent payment of US$5 million, subject to regulatory approval and customary closing conditions. The transaction is expected to be completed later in the fourth quarter of 2018.…

DuPont launches new ascorbic acid alternative for the baking industry

CHINA – DuPont, an American conglomerate, is the first company that has launched a new ascorbic acid alternative, Hexose Oxidase, for the baking industry. According to the company, the hexose oxidase technology present in the DuPont Danisco GRINDAMYL SUREBake product range can utilize many different sugar molecules as a substrate rather than just glucose alone,…

Allied Bakeries releases a new loaf of bread with vitamin fortification in the 50/50 range

UK - Allied Bakeries-owned Kingsmill, a top ten UK grocery brand, will tap into interest in vitamin fortification with a new loaf of bread, part of its 50/50 range. According to FoodBev, the Kingsmill 50/50 Vitamin Boost contains seven different kinds of vitamins and minerals – including iron and vitamin B6, which contribute to the…