FrieslandCampina considers closure of cheese production facility in Bree, Belgium

BELGIUM – Royal FrieslandCampina has said that it is investigating the possibility to close its mozzarella cheese production location in Bree, Belgium since the production facility ‘does not live up to the profitability expectations’. The company said management is considering to stop continuation of operations at the facility as it does meet the company’s long-term…

Cargill launches food starch sustainability program across Europe

BELGIUM – The global agribusiness major, Cargill has unveiled a farm-based program aimed at enhancing sustainability of food starch in waxy corn growing regions across Europe. Dubbed Waxy Corn Promise™, the program looks to leverage strong partnerships between Cargill, farmers and co-op suppliers to address sustainability challenges in growing of food starch. With the initiative,…

AB InBev announces organisational and leadership restructuring with growth focus

BELGIUM - AB InBev has announced that it is restructuring its executive and organisational structure to bring more focus to the leadership level as a way of driving growth in the region. The brewer said it was simplifying its organisational structure by shifting from 9 to 6 management zones with an emphasis on driving growth…

Greenyard reports US$35 million listeria-related product recall impact

BELGIUM - Belgian food company, Greenyard has reported that the first estimate on the financial impact from its recall of frozen products, potentially linked to an outbreak of the food-borne disease listeria in Europe, was estimated at US$35 million after insurance. According to Reuters, the company’s shares have fallen 38 percent since local media reports…

Cargill invests in Mouscron facility to meet customer demand for Belgian chocolate

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…

AB InBev’s revenue soars 4.7% boosted by emerging markets in Q1

BELGIUM - Anheuser-Busch InBev SA/NV, the world’s biggest brewing company has reported a 4.7% increase in revenue to US$13.07 billion in the first quarter of the year boosted by strong growth in emerging markets such as Mexico, South Africa and China. The company saw a rise in combined turnover for its Budweiser, Stella Artois and…

AB InBev sets 2025 sustainability goals, sets up an innovators’ platform

BELGIUM - AB InBev, the Belgian transnational beverage and brewing company and the world’s largest brewer, has launched renewed sustainability goals with a focus on smart agriculture, water stewardship, packaging, and climate action. In the revised goals, the company targets says that by 2025, it will aim for the adoption of 100% of its packaging to…