AB InBev reports full year results as Corona virus outbreak cuts revenue by US$285m

BELGIUM – The world’s largest brewer, Anheuser-Busch InBev (AB InBev) has released its full year 2019 financial results which show a 4.3% increase in revenue benefiting from growth in volume. AB InBev reported a 3.1% […]

Thailand’s CP Foods unveils plans of expanding in 17 overseas markets

THAILAND – CP Foods,an agro-industrial and food conglomerate headquartered in Thailand plans to expand in 17 overseas markets where the company is operating especially China, Vietnam, India, the Philippines, Russia, the United States. The direction […]

SpaceBakery project secures US$6.93m in funding to support research

BELGUIM – The SpaceBakery project, a unique consortium composed of seven Belgian organisations has secured a total of €6.3m (US$6.93m) in funding to support the project’s research on finding sustainable food production technologies. Led Puratos, […]

Cargill opens Culinary Experience Hub at R&D facility in Belgium

BELGIUM – Cargill has opened a Culinary Experience Hub in its research and development site in Vilvoorde, Belgium, to help customers develop on-the-spot innovative solutions. At the new facility, Cargill will work with customers from […]

Cargill invests US$35m to produce soluble fibres in Europe

BELGIUM – Cargill is investing US$35 million (€32 million) in Europe to add soluble fibers to its current broad portfolio of starches, sweeteners & texturizers. Cargill said that the new soluble fibers will enable sugar […]

Barry Callebaut to build new global distribution center in Belgium

BELGIUM – Leading chocolate and cocoa producer, Barry Callebaut is set to build a new global distribution center in Lokeren, Belgium to increase logistical efficiencies in the market. The new facility will incorporate a low […]

AB InBev launches new recyclable polymer keg to extend beer freshness

BELGIUM – Global beer company, AB-InBev has launched a new, recyclable polymer keg capable of extending the freshness of beer compared to the traditional steel keg. The keg system called PureDraught can keep the beer […]

European Flour Millers elects Gary Sharkey as new President

EUROPE – The European Flour Millers has appointed Gary Sharkey as its new president for the next two years, according to a World Grain report. He succeeds Bernard Valluis who served the flour milling association […]

Carlsberg to open a new microbrewery at Grimbergen Abbey in Belgium

BELGIUM – Carlsberg has unveiled plans to reopen a new microbrewery at Grimbergen Abbey in Belgium after it was shuttered in 1798 after a fire outbreak during the French Revolution. The microbrewery, which will be […]

Cargill launches initiative for a sustainable red seaweed supply chain

BELGIUM – Agribusiness giant, Cargill has unveiled a new initiative called Red Seaweed Promise designed to enhance global supply chain traceability and transparency while conserving the environment. In addition to improving producers’ prosperity, the program […]