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Emmi sees sales, earnings increase

Emmi sees sales, earnings increase

7 Mar 2018

Swiss dairy group Emmi increased its sales by 3.2 % (0.5 % in organic terms) to CHF 3,364 million in 2017. Earnings before interest and taxes (EBIT) rose by 1.6 % to CHF 206 million.

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ADM acquires 50% of Russian sweeteners, starches company

ADM acquires 50% of Russian sweeteners, starches company

7 Mar 2018

ADM has announced an agreement to acquire a 50% equity stake in the sweeteners and starches business of Russia-based Aston Foods and Food Ingredients.

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Survey: 30% of consumers would eat cultured meat

Survey: 30% of consumers would eat cultured meat

7 Mar 2018

According to survey commissioned by PR and communications company Ingredient Communications and carried out by Surveygoo, almost a third of consumers say they would be happy to eat so-called ‘cultured meat’.

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Fonterra Ventures enters into its first strategic partnership

Fonterra Ventures enters into its first strategic partnership

6 Mar 2018

Fonterra Ventures has entered into its first strategic partnership, teaming up with German active nutrition start-up foodspring through an investment in its parent company, Goodminton.

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Nestlé announces Creating Shared Value finalists

Nestlé announces Creating Shared Value finalists

6 Mar 2018

From over 1,000 entries, six finalists have been chosen for Nestlé’s 2018 Creating Shared Value Prize, each said to address a growing need for good nutrition, safe water or enhanced rural development,

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Bunge announces completion of IOI deal

Bunge announces completion of IOI deal

6 Mar 2018

Bunge has announced it has completed its acquisition of a 70% ownership interest in IOI Loders Croklaan from IOI, saying that it established Bunge as a global leader in business-to-business oil solutions.

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Consumer demand for fermented foods on the rise

Consumer demand for fermented foods on the rise

6 Mar 2018

Fermentation adds an appealing taste to many foods, but it’s the potential gut health benefits that have added extra fizz to the fermented foods market.

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Colour startup looks to fungus for natural red

Colour startup looks to fungus for natural red

6 Mar 2018

A new red colour derived from fungus could satisfy food companies’ appetite for a natural shelf-stable alternative to carmine, according to Danish biotech startup Chromologics.

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Breko targets South East Asian interest in functional ingredients

Breko targets South East Asian interest in functional ingredients

6 Mar 2018

South East Asian consumers often are more open to the health benefits of functional foods and nutraceuticals than Europeans, says Vice President of Breko, Wolfgang Loersch.

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Tate & Lyle helps chefs in Asia transform health credentials

Tate & Lyle helps chefs in Asia transform health credentials

5 Mar 2018

Tate & Lyle says it has helped chefs at TungLok, a food service group in Asia, to transform the health credentials of their range of Nian Gao desserts.

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Fonterra signs Bangladesh distribution agreement

Fonterra signs Bangladesh distribution agreement

5 Mar 2018

Fonterra says it is breaking new ground in South Asia’s rapidly growing dairy market, with the signing of a new distribution agreement that will make Anchor available to millions more consumers in Bangladesh.

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FDA issues statement on efforts to advance Nutrition Facts label

FDA issues statement on efforts to advance Nutrition Facts label

5 Mar 2018

FDA Commissioner Scott Gottlieb has issued a statement on FDA’s new efforts to advance implementation of the new consumer Nutrition Facts label for foods.

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