Bühler and Givaudan team up to open plant-based food innovation center in Singapore

SWITZERLAND – Bühler has partnered with flavor and fragrance house, Givaudan, to open an Innovation Center dedicated to plant-based food in Singapore. The new facility, located at Givaudan Woodlands site, will be jointly run by […]

TurtleTree Labs secures funding to champion its breakthrough cell-based milk technology

SINGAPORE – TurtleTree Labs, the world’s first company using technology to create milk from animal cells has closed its pre-seed funding round that will enable the company expand its team and create additional prototypes. Co-founded […]

Olam International restructures its business to maximize long-term value

SINGAPORE – Global food and agri-business comapany, Olam International has re-organised its diverse business portfolio into two new operating groups; Olam Food Ingredients and Olam Global Agri. Olam’s operations will now focus on food ingredients […]

Singapore agrifood supply chain startup DiMuto secures funding from SGInnovate

SINGAPORE – DiMuto, a Singapore-based supply chain platform has raised an undisclosed amount of investment from government-owned venture firm, SGInnovate to help drive its expansion into new overseas markets. Founded by Gary Loh, DiMuto creates […]

A*STAR opens new research institute to support Singapore’s food innovation ecosystem

SINGAPORE – The Agency for Science, Technology and Research (A*Star) will be opening the doors of a new research institute, the Singapore Institute of Food and Biotechnology Innovation (SIFBI), by the second quarter of 2020. […]

Private equity firms to invest US$785m in Asia’s food and beverage industry

ASIA – Global private equity firms have launched a series of funds that will see the companies invest upto US$785 million in the food and beverage industry across various markets in Asia. Bahrain-based alternative asset […]

Olam International successfully completes US$1.5bn debt refinancing

SINGAPORE – Global food and agri-business Olam International Limited and its wholly owned subsidiary, Olam Treasury Pte. Ltd, have secured a multi-tranche revolving credit facility aggregating US$1.525 billion. The Facility consists of three tranches; a […]

Singapore mulls ban of advertisements for sugary drinks to curb diabetes

SINGAPORE – Singapore plans to implement a ban on advertisements of certain fizzy drinks and juices as part of a raft of measures to curb high diabetes rates associated with consumption of sugar. As one […]

BRF offloads stake in Singapore-based joint venture for $12.3m

SINGAPORE – Brazilian meat packing company, BRF has sold its 49% stake in the SATS BRF Food joint venture in Singapore to SATS Food Services for SGD 17 million (US$12.3 million). SATS, a ground handler […]

IMCD acquires Matrix Ingredients operations in Singapore and Malaysia

NETHERLANDS – IMCD, a leading distributor of speciality chemicals and food ingredients, has acquired the food distribution business of Matrix Ingredients in Singapore and Malaysia, for an undisclosed sum. Following the transaction, Maxim Ingredients International Pte. Ltd. and […]