INDONESIA - Buhler and the wheat flour division of Bogasari Flour Mill, PT Indofood Sukses Makmur have signed an agreement to build a new flour mill in Cibitung, Indonesia. The partnership aims at investing in Bogasari’s flour milling business in Cibitung with latest technology and food safety standards. The project include two new Bühler milling…
ISRAEL – Frutarom, one of the world’s largest companies in the field of flavours and natural specialty, has announced the completion of the 51% acquisition of Bremil Industries, for approximately US$30 million. Bremil Industries is Brazil’s top producer of savory solutions and its partnership with Frutarom deepens and expands the penetration into the Latin America’s…
SWITZERLAND - Nestlé Waters has announced a US$25 million modernisation of its bottling site at Henniez, Switzerland as the bottled water is a high-growth category for Nestlé. Production at Henniez will become more flexible and innovative in order to meet current and future consumer trends. The project will see two older mineral water glass bottling…
SOUTH KOREA - A2 Milk Co, a New Zealand public listed company, has signed an exclusive distribution deal with Yuhan Corp in South Korea, more than a decade after an earlier foray into that country which ended in litigation. According to New Zealand Herald, the Auckland-based, Sydney-headquartered company signed an exclusive sales and distribution agreement…
COTE D’IVOIRE - Africa Rice Center and the International Rice Research Institute (IRRI) have agreed to expand their partnership to enhance research and develop capacity for rice production in Africa. A stronger partnership means to harness synergies in addressing the growing needs in the rice sector and in the long run impact positively on rice-based…
USA - Cargill’s Food Ingredients & Bio Industrial business and Univar, a global chemical and ingredients distributor and provider of value-added services have announced a long-term agreement for select food ingredients business units. Univar’s extensive distribution network and access to food innovators will complement Cargill’s approach to expand markets, leverage expertise, mobilize data, scale up sustainability…
INDIA - Twinings, the UK based tea brand has announced that it has secured a five years funding in a partnership with UNICEF, a United Nation’s programme that provides humanitarian and developmental assistance to children and mothers in developing countries. The funding will be used to improve the living standards of tea workers, especially women…
EHIOPIA - Sabir Argaw and his former partner Wilmar Group, in dispute over a share buyout for the past one year, have set out for another battle at the Cassation Bench. The Case reached the Cassation Bench two months ago when Wilmar appealed to the Bench displeased with the Supreme Court’s order in Sabir’s favour,…
IRELAND - Irish biotechnology company Nuritas has collaborated with Nestlé to research bioactive peptide networks within specific target areas. In order to achieve the common goal, Nuritas will deploy its technology platform, which uses artificial intelligence and DNA analysis to predict, unlock, and validate highly efficacious peptides, exclusively from natural food sources. According to NutraIngredients, Nestlé will…
SWITZERLAND - Unilever and Indonesian government-owned palm oil plantation company PT Perkebunan Nusantara (PTPN) have signed a Memorandum of Understanding (MoU) to work together in Indonesia to support local mills and smallholder farmers to produce palm oil. PTPN will provide Unilever access to its mills and its supplying farmer base as part of the signed…
