Food Union invests in renewable energy to cut down carbon footprint of its dairy operations

NORWAY – Food Union, one of the leading ice-cream and dairy producers in the Baltic region, has announced investments in renewable energy to power ice cream and dairy operations in the Baltics and Norway.   Normunds Staņēvičs, CEO of Food Union, Europe said that the investment is in line with the company’s commitment to seeking out alternative renewable energy sources to balance its energy needs even as it continues to grow.   The company has already made substantial investments in renewable and recently transitioned two of its companies Premia and Isbjørn Is to renewable energy.  Premia which is Estonia’s…

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Coca-Cola launches recycled plastic bottles in two more markets in its commitment to eliminate virgin oil-based plastic

EUROPE – Coca-Cola European Partners has enhanced its commitment to sustainability by announcing that it will eliminate virgin oil-based plastic by transitioning to 100% recycled plastic (rPET) bottles in two more markets. The transition, which will take place in the Netherlands and Norway, marks an important move towards a closed-loop recycling system that will be supported by local deposit return schemes in both countries. The news follows Coca-Cola’s announcement that its Swedish branch would become the first market to switch to 100% rPET in the first quarter of 2020. From…

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Norwegian seafood producers turn to blockchain for sustainable seafood

NORWAY – Sjømatbedriftene, the Norwegian Seafood Association has partnered with technology companies, Atea and IBM in a new cross-industry collaboration to use blockchain technology to provide fully traceable seafood products. The partnership will share supply chain data throughout Norway’s seafood industry with an aim of providing consumers with safer, better and sustainably sourced seafood. The collaboration will see Norwegian seafood companies put data onto the network to cultivate easier monitoring of where fish is sourced, growing and storage conditions of seafood while at the same time contributing to reduction of…

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Corbion expands algae business with strategic appointments

NETHERLANDS – Dutch food and biochemicals company, has announced three strategic new appointments to its Algae Ingredients team in a bid to accelerate the company’s expansion into the growing algae-fed seafood market. The algae ingredients manufacturer for aquaculture feeds has appointed Ruud Peerbooms as President of Algae Ingredients and a member of the Corbion Executive team and further brought in Geir Ivar Lanes and Paula Arriagada Strodthoff as Senior Business Development Managers. The company said that the new leadership and team members will accelerate adoption of its algae omega-3 feed…

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Orkla Foods acquires PepsiCo’s breakfast cereal brand Havrefras

NORWAY – Orkla Foods Sverige AB, a wholly owned subsidiary of Norwegian branded consumer goods conglomerate Orkla, has acquired PepsiCo’s breakfast cereals brand Havrefras for an undisclosed sum. Orkla has been the distributor of Havrefras products for PepsiCo in Norway, Sweden and Denmark.The brand, whose portfolio includes Rug Fras and Mini Fras holds a strong market position in Scandinavian healthy breakfast cereals market. Havrefras is market leader for healthy breakfast cereals in Denmark and Sweden and number two in Norway. First launched on the market in 1959, the brand has…

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Norway, Netherlands inject US$2.5m into Moroccan aquaculture project

MOROCCO – The Netherlands and Norway have contributed US$2.5 million to the Moroccan aquaculture project aimed to promote the country’s fish farming industry. Norway’s financial contribution to the project amounted to US$1.65 million, while the Netherlands injected US$0.85 million. The UN Food & Agriculture Organization (FAO) also supports the initiative, which is a joint effort of the Moroccan Fisheries Department and the National Aquaculture Development Agency. The funds will go towards installing a training station for fish and shellfish production in the southern province of Sidi Ifni. The project targets…

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Norwegian seafood exports top US$12.2bn as aquaculture dominates sector by value

NORWAY – Norway increased its seafood exports by 8% to a total value of NOK 107.3 billion (US$12.19bn) in 2019 compared to NOK 98.71 billion (US$11.21bn) exported in 2018, which was a record year for the country. This was despite a 3% decrease in volume to 2.7 million tonnes, which according to data from the Norwegian Seafood Council corresponded to 36 million meals every day throughout the year. Renate Larsen, CEO of the Norwegian Seafood Council says; “The Norwegian seafood industry deliver high-quality products that correspond with global trends. “Consumers…

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Orkla appoints Harald Ullevoldsæter as new chief financial officer

NORWAY –  Orkla, the Norwegian branded consumer goods conglomerate has appointed Harald Ullevoldsæter as the new Executive Vice President and Chief Financial Officer, effective 1 March 2020. Harald, who returned to Orkla earlier this year after having served as CFO of Nortura SA since 2014, will succeed Jens Bjørn Staff, who is to become Chief Executive Oficer of Skagerak Energi. Harald has worked with Orkla for more than 20 years, holding a number of executive finance positions, including that of finance director and member of the management team of Orkla…

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Norwegian Seafood Council signs UN Global Compact Sustainable Ocean Principles

NORWAY – The Norwegian Seafood Council (NSC) a public company owned by the Norwegian Government has signed the Sustainable Ocean Principles of the United Nations Global Compact, strengthening its commitment to helping secure a healthy and productive ocean. The UN Global Compact Sustainable Ocean Practices provide a framework for responsible ocean-related business practices. They build upon and supplement the Ten Principles of the UN Global Compact on human rights, labour, environment and anti-corruption. By signing the principles, NSC joins more than 30 businesses and organisations across the world in committing…

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Private equity firm Norfund invests in Nigerian fast food chain operator Sundry Foods

NIGERIA – The Norwegian Investment Fund for Developing Countries (Norfund) has invested in Sundry Foods, a Nigerian integrated food services company, to enable the firm step up its interests in the food service sector. Port Harcourt-headquartered Sundry runs restaurants, bakeries and catering operations under a range of brands including Kilimanjaro, Pizza Jungle, Kilishawarma, Nibbles and Suncrust. Currently, Sundry Foods is one of the top QSR brands in Nigeria by market share. It has close to 50 outlets consisting of restaurants, bakeries and catering units spread across 11 states in Nigeria.…

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