AFRICA'S NO.1 FOOD, BEVERAGE & MILLING INDUSTRY MAGAZINE

DSM acquires Amyris’ flavour and fragrance business to bolster nutritional ingredients portfolio

Apr 1, 2021Apr 1, 2021 Editor

NETHERLANDS – Global Biosciences Company, DSM is poised to expand its nutritional ingredients portfolio following an agreement with Amyris to acquire its flavor and fragrance (F&F) bio-based intermediates business for an upfront consideration of US$150 million. According to statement from the company, the deal will add seven intermediate products to its existing personal care and aroma ingredient activities. Of the new intermediate products being added, four already generate meaningful sales and (Earnings Before Interest, Taxes, Depreciation, and Amortization) EBITDA. Two of the products have just launched and another one is…

Cultured meat startup Meatable raises US$47M to fund growth amid rising demand for animal-free products

Mar 26, 2021Mar 26, 2021 Editor

NETHERLANDS – Dutch food company, Meatable now has the opportunity to advance small-scale production at the Biotech Campus Delft and to diversify its product portfolio. This is after a successful Series A round that saw the company raise US$47 million from a consortium of life sciences and food investors. The investors included Section 32, , whose founder was the first CEO of Google Ventures, and DSM Venturing, the corporate venture arm of Royal DSM. The round, according to the company, brings the total amount collected so far to US$60 million…

Heineken appoints Harold van den Broek to succeed Laurence Debroux as CFO

Mar 11, 2021Mar 11, 2021 Editor

NETHERLANDS – Dutch multinational brewing company Heineken has appointed career finance expert Harold van den Broek to be the company’s new Chief Finance Officer . Harold will be succeeding Laurence Debroux who will be stepping down as the brewing giant’s CFO, after the company’s annual general meeting of shareholders (AGM) on 22 April 2021. As she departs, Debroux had a successful 6 year stint at the multinational brewer. She played a key role in steering the company through the Covid-19 crisis and shaping EverGreen- Heineken’s strategic direction exploring how to…

DSM’s new flavor to allow food producers make vegan plant-based fish alternatives

Mar 5, 2021Mar 5, 2021 Editor

NETHERLANDS – Dutch multinational Food and Nutrition Company Royal DSM has launched a new vegan flavor solution derived from algal oil to bolster the development of plant-based protein offerings. Dubbed Maxavor Fish YE, the new flavor is a 100 percent allergen-free solution that allows food manufacturers to deliver across a variety of plant-based fish alternative applications, in addition to fish-based products. These could include vegetarian fish nuggets, vegan fish sauce and fish cakes. DSM’s says its new solution addresses the challenges food producers face when developing authentic-tasting, sustainable and label-friendly…

Corbion expands lactic acid capacity to meet rising demand for natural food preservatives

Mar 3, 2021Mar 3, 2021 Editor

NETHERLANDS – Dutch food and biochemicals company Corbion is launching an initiative to increase its capacity for producing lactic acid and lactic-acid derivatives in response to rising demand for natural food preservation solutions. The expansion also ties into Corbion’s five-year business strategy that sharpens the supplier’s focus on food preservation and production strategies as well as health and environmental sustainability. The global drive is expected to produce a combined additional output roughly equivalent to a new production site without actually having to build one It also involves capital expenditures at…

Duravant, Mill Rock make new acquisitions to expand presence in food packaging sector

Feb 23, 2021Feb 23, 2021 Editor

US/NETHERLANDS – Leading packaging company Duravant and US private equity firm Mill Rock have recently made acquisitions to expanded their product portfolios. Duravant acquired Votech, a Netherland-based manufacturer of bag filling machines and palletising technology. According to a statement from Duravant, Votech will join forces with Fischbein International – a Duravant operating company. Votech will also collaborate with nVenia, Duravant’s US-based operating company serving customers across a wide array of industrial end markets and consumer packaged goods. The acquisition will bring together Votech’s expertise in bag management and palletising, and…

DSM CEO Chris Goppelsroeder retires, to be replaced by current COO Dimitri de Vreeze

Jan 21, 2021Jan 21, 2021 Editor

NETHERLANDS – Dutch multinational food ingredients company DSM has announced that Chris Goppelsroeder, president and CEO DSM Nutritional Products (DNP), will retire and leave the company, effective 1 April 2021. DSM co-CEO and chief operating officer , Dimitri de Vreeze, will step into Goppelsroeder’s DNP leadership role, according to a statement from the company. Goppelsroeder – who is also currently a member of the DSM executive committee – first joined the company in 2003 when DSM acquired Roche Holding’s vitamins division. As president and CEO DNP since 2013, Goppelsroeder is…

Unilever simplifies food production with launch of new portable food factory

Jan 20, 2021Jan 21, 2021 Editor

NETHERLANDS – British multinational consumer goods company, Unilever has developed a portable food factory that operates within a 40-foot sea container. The container is fitted with all-in-one utility capabilities, and requires just one electricity cable and a water hose to operate. According to Unilever, the unit covers the end-to-end production process – from raw materials through to packaging – to produce 300 tonnes of liquid seasoning per eight-hour shift. Unilever says the concept of the travel factory means that it can be shipped to new locations across the world, making…

FrieslandCampina to start using 100% rPET bottles to meet ambitious sustainability goals

Jan 12, 2021Jan 12, 2021 Editor

NETHERLANDS – FrieslandCampina has announced that it will be making PET bottles from 100% recycled material from February this year in line with its ambitious goal of becoming climate-neutral by 2050. The dairy cooperative claims that a wholesale move to recycled PET (rPET) for the bottles will prevent the production of nearly 1.9 million kilos of new plastic. As PET bottles can only be recycled if the consumer has removed the label, FrieslandCampina has also developed a new ‘zipper’ that makes it easier to separate labels from the bottle. Patrick…

DSM, partners Clariter to develop next-generation chemical recycling solution

Jan 11, 2021Jan 11, 2021 Editor

NETHERLANDS – Royal DSM, a Dutch-based science global science company with a focus on Nutrition, Health and Sustainable Living has entered into a strategic partnership with Clariter to pursue a next-generation chemical recycling solution for products. DSM said that the new solution being explored by the two companies will be based on DSM’s Dyneema®, an ultra-high-molecular-weight polyethylene (UHMWPE) fiber. The Dutch science company noted that the partnership was in line with its ambitious sustainability targets. As a first step, sample products – including ropes, nets and ballistic materials made with…