Olam launches ‘net-positive’ sustainability policy

SINGAPORE - Olam International has launched a ‘net-positive’ sustainability policy applicable to commodities globally for direct and indirect sourcing with an aim to re-generate rural landscapes and eco-systems. Under the program, deemed Olam Living Landscapes Policy (OLLP), offers a net-positive approach to agricultural supply chains and landscape management, and aims to adopt principles that support…

Tate & Lyle upgrades its Singapore laboratory into a food application hub

SINGAPORE - The British-based agribusiness, Tate & Lyle has completed expansion of its Singapore food application laboratory with the aim of transforming it into a modern hub for food ingredient formulations in the region. The upgrade doubles the size of the food application centre to increase production capacity, together with state-of-the-art technology including pilot-scale capabilities…

Wilmar’s 25% increase in net profit, pushed higher by oilseeds and grains

SINGAPORE - Asia’s leading agribusiness group, Wilmar International’s profits have jumped to US$1.2 billion, 25% up from US$972.2 million in the same period in 2016, thanks to strong performance in the oilseeds and grains sector. The revenue for the year improved by 5.9% to US$43.84 billion; attributed by its wide portfolio of high quality agri-products.…

ADM opens new innovations centre in Singapore

SINGAPORE - Archer Daniels Midland Company has celebrated the opening of a cutting-edge flavor and ingredient creation, application, development and customer innovation centre at the Biopolis research hub in Singapore. According to the company, this state-of-the-art facility will support development of innovative, on-trend, nutritious products to meet growing food and beverage demand in Asia-Pacific. The…