News archive

2020

Lyre’s secures AU$16m investment to lead global non-alcohol spirit growth

25-09-2020

Lyre’s Non-Alcoholic Spirit has concluded its latest seed round funding, securing a total of AU$16 million (US$11.3 million) in growth capital. This business injection accelerates Lyre’s vision of changing the way the world drinks, and provides ongoing investment for core product growth, category innovation and new market …

Ingredients lists still aren’t clear enough, survey finds

24-09-2020

Only 19% of respondents said they always recognise all the ingredients on a pack. Many food and beverage products do not offer the clear labelling that consumers want, according to a new research. In a survey of 1,000 adults in the UK and US, commissioned by Ingredient Communications and conducted by SurveyGoo, 50% of people said they are more …

Chr. Hansen acquires Jennewein Biotechnologie to strengthen lead in HMO market

23-09-2020

Jennewein’s products will have functional synergies with Chr. Hansen’s probiotic bacteria, such as LGG and BB-12, and combining the companies will create competitive advantage. Chr. Hansen has entered into an agreement to acquire Jennewein Biotechnologie, a German biotechnology company. The acquisition complements with Chr. …

Start-up replaces plastic packaging with food waste

23-09-2020

Sugarcane waste-based packaging is plastic-free and fully compostable. Israeli food-tech start-up W-Cycle has developed SupraPulp, a plastic-free packaging made of sugarcane waste that is fully compostable, safe, yet durable enough to be used for greasy, wet or hot food. Packaged food with SupraPulp can be frozen and heated with either an …

Kraft Heinz to sell natural cheese business to Groupe Lactalis

22-09-2020

Transaction is expected to close in H1 2021, subject to regulatory approvals. The Kraft Heinz Company has entered into an agreement to sell its Natural, Grated, Cultured and Specialty cheese businesses to a US affiliate of Groupe Lactalis for a purchase price of US$3.2 billion. The proposed transaction is expected to close in H1 2021, subject …

Beneo moves further towards carbon neutrality at Oreye chicory root fibre plant

22-09-2020

The company reports 40% reduction in specific carbon emissions achieved in Belgium production facility. Beneo has announced a 40% reduction in specific carbon emissions at its Oreye facility in Belgium. According to the company, this achievement is a result of a 10-year programme of energy saving, which closed with an €11 million …

Green Planet Foods launches venture studio into Chinese plant-based food market

21-09-2020

Promoting affordable wellness in China by blending global food innovation for plant-based products with the power of acceleration and incubation in Asia-Pacific. Green Planet Foods has launched its venture studio focused on plant-based food and beverages and advanced farming technologies, powered by founders of the Centre for the Spread of …

CP Kelco launches virtual experience to drive brand awareness and engagement

21-09-2020

CP Kelco has announced the launch of a new virtual experience, allowing its customers, partners and other industry stakeholders to discover CP Kelco’s insights and portfolio through an innovative, virtual reality environment. Jérôme Béra, senior vice-president, global marketing, CP Kelco, commented: “We have missed …