ASIA - Asian agribusiness company Wilmar International and the National University of Singapore (NUS) have invested in a new research laboratory to conduct clinical nutrition and synthetic biology research to create healthier food products, worth US$80.1 million. According to FoodBev, the laboratory seeks to strengthen Singapore’s innovation system by conducting industry-relevant research and development. Research…
NEW ZEALAND - The New Zealand co-operative group, Fonterra has developed and installed ‘a ground-breaking reclaimed water system’ in New Zealand with a goal to save half a million litres of ground water daily (equivalent to 18 milk tanker’s worth). The site reuses water from condensation that is produced from milk powder manufacturing process. The…
NIGERIA - Nigeria’s President Buhari is set to commission Africa’s first automated rice seed and seedlings factory in Calabar, Cross River State as part of the country’s initiative to agricultural diversification. The factory is located in the Cross Rivers rice city and according to New Telegraph, the rice project is expected to boost the state’s…
NIGERIA - The premium African news media and investment company, Footprint to Africa has invested more than US$16 million for new yam and plantain processing plants in order to enhance food security in Nigeria. The initiative is part of plans to bridge Nigeria’s food gap as well as achieve the government’s diversification agenda for the…
GHANA - Ghana has established a new plant, Aspuna Flour Mill and Processing Factory in Duwasu, Kombo, West Coast region that will process cassava into flour and starch, reported a Ghana Newspaper, Foroyaa. While the cassava flour produced will be sold in the local market and surplus exported, the starch will be exported to attract…
ASIA - The International Finance Corporation (IFC), a member of the World Bank Group is investing US$25 million in KazFoodProducts LLP food processing group of companies operating in grain milling and confectionary sectors. The investment aims at supporting the company’s expansion plans, boost Kazakhstan agricultural sector through diversification strategies as well as enhancing global food…
USA - Archer Daniels Midland Co. (ADM), the global food processing and commodities trading corporation has announced a collaboration with DuPont Industrial Biosciences to develop, produce and market cellulose enzymes for operators of grain-based ethanol plants. According to ADM, cellulose enzymes assist in hydrolysing the corn kernel fiber, which consists mostly of cellulose and hemicellulose…
CHINA - Tetra Pak, the multinational food manufacturing and packaging company, has announced that it has helped Yili, a leading Chinese dairy manufacturer, to produce the world’s first drinking yoghurt with large fruit and cereal pieces. According to the company, Yili launched the breakthrough product in Tetra Top 200ml with large re-sealable screw caps,…
USA - All Market Inc. (AMI), the parent company of coconut water maker Vita Coco, today announced the acquisition of Runa, an organic energy drink brand made with the guayusa leaf. Runa, founded in 2009 by college buddies Tyler Gage and Dan MacCombie, produces eight-SKU line of energy drinks made from organic guayusa, a naturally…
USA - Gotham Greens, a leading urban greenhouse developer and grower of locally and sustainably grown produce, has announced the closing of US$29 million in Series C equity funding last month. According to the company, the new round brings the company's total funding until date to US$45 million, not including bank debt. Since its pioneering…
