Kellogg, Tyson make new investments in capacity expansion

BELGIUM – Kellogg, an American multinational food manufacturing company, has announced a €30 million (about US$36 million) investment in its Pringles plant in Mechelen, Belgium, to boost sustainability and throughput. The facility – which is one of two Pringles plants in Europe – ships cans of the brand’s potato chips to more than 40 countries across the continent, North Africa and the Middle East. Kellogg says that the US$36million investment will be used to upgrade production lines with a new fryer to increase throughput. Additionally, the company plans to install…

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Newly launched startup EverGrain to convert AB InBev’s barley waste into plant-based protein

BELGIUM – EverGrain, a newly launched startup backed by AB InBev, is on a mission to realize the untapped potential of barley, particularly the one that has been used to create beer. According to a statement from AB InBev, the sustainable ingredient company will revolutionizing the use of spent barley to deliver highly nutritious, great tasting protein and fiber barley-based ingredients to the world. The company, started by the brewer’s former head of sustainability Greg Belt, creates two unique ingredients from the waste, EverPro and EverVita. Greg says that both…

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Dutch Food company Vion to acquire Adriaens to bolster position in Belgium’s meat industry

BELGIUM – International producer of meat, meat products and plant-based alternatives Vion Food Group has announced that it intends to acquire Adriaens, a beef producer based in Zottegem, Belgium, as it aims to expand its position in the country. Headquartered in the Netherlands, Vion has production locations in the Netherlands and Germany and operates under four business units namely Pork, Beef, Food Service and Retail. Based in Zottegem, Adriaens is one of the largest cattle slaughterhouses in Belgium, with a capacity of 2,000 animals a week. Its acquisition forms part…

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AB-InBev beer sales bounce back in Q3 as consumers adjust to the new normal of drinking

BELGIUM – AB-InBev beer sales increased by 2.6% in Q3 as Consumers have quickly adjusted to the new reality by shifting to in-home consumption occasions. AB-InBev says this rise in beer sales translated to a 4% growth in revenues in 3Q20. Across the first three quarters of the year, however, revenue declined by 6.8% – hit by the pandemic – with revenue per hl growth of 1.6%. The brewer’s total volumes grew by 1.9% in 3Q20, with own beer volumes rising by 2.6% and non-beer volumes recording a 2.5% decline.…

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Cargill to construct US$150M biofuel company to fight climate change

BELGIUM – Cargill is investing US$150 million in a new plant that produces advanced biofuels from waste and residues, in a move to further strengthen its commitment to fight climate change and deliver a more circular economy. The plant will be located at its existing integrated oilseeds crush and Bioro biodiesel site in Ghent, Belgium, and marks the first-of-its-kind for the company. The project helps meet global renewable energy demand while protecting natural resources and enables Cargill to maintain its leading position across Europe, both in producing renewable fuels and…

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Food corporation Cargill Inc set to invest US$21m in House of Chocolate complex in Belgium

BELGIUM – Cargill Inc., privately held global food corporation, has unveiled plans to invest US$21 million to build a “House of Chocolate” complex at its Mouscron, Belgium, chocolate production plant. The new 700-square-meter complex will be staffed by more than 40 chocolate engineers, including sensory experts, technical service specialists and R&D scientists. Featuring a chocolate experience center, pilot plant, sensory lab and workspace, the House of Chocolate will serve as the hub for all of Cargill’s chocolate, coating and filling activities, the company said. “It’s fitting we make this investment…

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Ingredient manufacturer Beneo slashes carbon emissions at its Oreye facility by 40%

BELGIUM – Beneo, a functional ingredients manufacturer, has slashed specific carbon emissions by 40 percent at its Oreye facility in Belgium, which produces prebiotic natural chicory root fibers. This achievement results from a 10-year, energy-saving program that closed with a €11 million (US$13 million) investment into increased energy efficiency. As part of the investment, a new gas turbine and heat recovery boiler was installed at the Oreye facility. The system provides for Beneo’s own electricity production needs and enables the company to export an additional five megawatts to the public…

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Belgium’s largest diary cooperative Milcobel to close its drinks department in Schoten

BELGIUM – Dairy cooperative Milcobel has revealed that it plans to close its drinks department in Schoten, including ceasing operations of production of milk and milk drinks at its Schoten production facility. The plans, which will also see associated support services in Schoten and Bruges be discontinued, were first announced by the dairy cooperative at a works council. “Over the past ten years, the market has declined 3 percent annually. The margins on milk are also very low or even negative. In addition, the factory in Schoten is very outdated,…

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Belgian investor Alterfin secures US$7.1m funding to bolster investment in small holder farming

BELGIUM – Alterfin, a Belgian social investor has secured funds from AgriFi and BIO amounting to US$7.1 million to enhance investment in smallholder farming in developing countries. AgriFI, the Agriculture Financing Initiative funded by the EU, and BIO, are reported to have each invested about US$3.55 million in the Belgian social investor. “AgriFI’s senior unsecured loan of €3m should enable Alterfin to grow its portfolio mainly in Africa and Asia,” explained Guillaume Simões, AgriFI Investment Officer at EDFI Management Company. Simoes further explained that the investment will allow the organisation to…

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AB InBev’s second quarter sales pick up encouraged by June recovery in Mexico, South Africa

BELGIUM – The world leading brewer, Anheuser Busch InBev (AB InBev) has reported a 17.7% decline in revenue to US$10.2 billion in the second quarter impacted by the COVID-19 pandemic. In the half year period 2020, revenue declined by 12.0% to US$21.2 billion, though revenue per hl did actually increase by 1.6%. According to the brewer, in April, its volumes declined by 32.4%, as it faced a shutdown of its beer operations in key markets such as Mexico, South Africa and Peru, and the closure of the on-premise channel in…

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