IFC partners with Mars Food to promote sustainable development in the rice industry

ASIA - IFC, a member of the World Bank Group, and Mars Food and Battambang Rice Investment Co., Ltd, have launched a partnership to promote sustainable development of Cambodia’s rice industry. According to IFC, the partnership will work toward improving rice production and enhancing linkages with the global rice value chain and will help Cambodia’s…

Nestlé announces re-organization of its global information technology activities

SWITZERLAND - Nestlé has announced plans to re-organize parts of its IT activities to benefit from its existing technology hub in Spain and other Nestlé locations, after a thorough review of its global information technology (IT) setup. According to the company, it intends to accelerate its digital transformation and to respond more quickly to fast-paced technological changes…

Unilever Ghana reports 16% revenue growth on stable economy

GHANA - Unilever Ghana has announced that its revenue for the year ended 31 December, 2017 grew 16% to US$122.69 million from US$105.83 million in 2016 driven by increased volumes of sales and a stable economy. Operating profit before tax was US$13.93 million, representing 22% increase over 2016’s US$11.41 million while profit-after-tax improved by 23.3%…

Cashew leads Ghana’s agricultural export products with US$197m

GHANA - Ghana’s cashew earned US$197 million worth in export earnings, representing 53% of the total revenue of US$371 million in agricultural non-traditional exports in 2016. The cashew sector, with an estimated production area of about 89,000 hectares, employing 40,000 people has become the leading category in agricultural products exports, according to GNA. To attain…

Cargill forms partnership in new water sustainability programme

USA - The privately-owned corporation Cargill has partnered with The Nature Conservancy and Nestlé Purina to launch a three-year sustainability programme to reduce water waste in the beef supply chain. The project which claims to save up to 2.4 billion gallons of water over three years will see farmers install weather sensors in crop fields…

Tetra Pak says plastic straws are vital and should not be banned

SWITZERLAND –Food packaging giant Tetra Pak has said plastic straws serve a "vital" function in cartons and should not be banned. Plastic straws can be recycled together with used cartons if they are pushed back into the box, the company said. Tetra Pak is developing a paper straw but it said it would still "be…

Kemin industries develops ‘consumer-friendly’ alternative to EDTA for shelf life extension

USA - US privately-held, family owned global nutritional ingredient company, Kemin Industries has developed a plant-based NaturFORT RSGT, a consumer friendly shelf life extension solution, alternative to Ethylenediaminetetraacetic acid (EDTA). Kemin’s development comes at a good time when food manufacturers and consumers are shying away from use of chemical-sounding ingredients. “Many manufacturers have been seeking…

FrieslandCampina launches cardboard liter pack made of 80% plant material

NETHERLANDS - The Dutch multinational dairy cooperative, FrieslandCampina has unveiled a new, innovative cardboard liter pack for its chocolate milk brand Chocomel made of 80% raw plant material made by Tetra Pak. The liter pack, made of wood and sugar has an iconic yellow color and its plastic cap and the outer plastic layer are…

Europe commits to collect 90% of all PET bottles by 2025

EUROPE - Europe’s bottled water industry has committed to major plastic goals to collect 90% of all PET (polyethylene terephthalate) bottles by 2025 as an average across the European Union, the efforts aimed at reducing plastic waste into landfill and oceans. The goal was revised from the previous 60% target and will ensure discarded plastic…

Cadbury Nigeria unveils stakeholders training to promote healthy living

NIGERIA - Cadbury Nigeria has unveiled training of its stakeholders to build on its recently launched healthy lifestyle programme to promote healthy living among children and adults, reported the Guardian. The project aims to inculcate healthy habits in children and in the long run improve the wellbeing of Nigerians. In partnership with Helen Keller International…