Motif Ingredients rebrands as Motif FoodWorks, raises US$27.5m

USA – Motif Ingredients, a food science and technology company owned by biotech unicorn Ginkgo Bioworks has US$27.5 million funding to expands research and development of animal-free ingredients. In addition, the company has also revealed […]

Japanese company Nagase Group completes acquisition of ingredient maker Prinova

JAPAN – Nagase Group, a Japanese chemical trading firm has completed the acquisition of US based food ingredient manufacturer and distributor, Prinova Group. The acquisition of Prinova, which has 15 distribution centres around the world, […]

Packaging manufacturer Kwik Lok to debut new ‘Closing Line of the Future’

USA – Kwik Lok Corporation, a Washington based packaging manufacturer, announced they will feature the “bakery closing line of the future” at the upcoming International Baking Industry Exposition (IBIE) in Las Vegas. During the event […]

Symrise reports strong revenue growth in H1 as organic sales climb 6.2%

GERMANY – Symrise, a flavors and fragrances specialist has reported strong revenue growth for the first half of the year as net income increased by US$12.34 million (€11 million). The German maker of scents and […]

Graphic Packaging to invest US$600m to expand sustainable production capabilities

USA – Graphic Packaging, an Atlanta-based provider of packaging solutions to food and beverage industry has announced plans to invest US$600 million in expanding production capabilities. The multi million-dollar investment will be used on a […]

DuPont considers divesting food additives and ingredients business for US$20bn

USA – Specialty chemicals maker, DuPont is said to be considering selling its nutrition and biosciences unit, few months after Dupont became independent following a three-way split earlier this year. According to a Bloomberg report, […]

Brabender launches new improved viscometer with focus on speed and efficiency

CANADA – Laboratory equipment manufacturer, Brabender, is set to release into the market a new viscometer ‘ViscoQuick’- with improved performance. Touted as being able to deliver rapid and straightforward measurements, the new viscometer can be […]

South Africa packaging group Sappi to acquire Canadian paper mill for US$175m

SOUTH AFRICA – Sappi Limited, a South Africa based paper packaging group, has entered into an agreement to acquire the Matane high yield hardwood pulp mill in Quebec, Canada from Rayonier Advanced Materials for US$175 […]

SIG Group to invest US$198.65m in constructing aseptic packaging facility in China

CHINA – Aseptic packaging provider, SIG Combibloc Group will be investing US$198.65 million (€180 million) in establishing a new packaging production plant in Suzhou, China. Expected to become operational in 2021, the 120,000 square-metre site […]

ADM names new President of North America Flour Milling

USA – The global agribusiness giant, Archer Daniels Midland Company has named Kevin Like president, North America Flour Milling. In this role, he will oversee all aspects of the company’s flour milling businesses in the […]