Latest News in the food Industry

DSM gets approval for gluten break down enzyme

9 Aug 2017

DSM has secured regulatory approval to market what it says is the first and only enzyme demonstrated to effectively break down residual gluten in the European Union.

IMCD to acquire Canadian chemicals, ingredients distributor

8 Aug 2017

IMCD is to acquire 100% of the Canadian and US specialty chemicals and ingredients distributor L.V. Lomas, providing the company with a significant presence in Canada and a further enhanced position in the US.

Arjuna gets confirmation of safety of turmeric extract

8 Aug 2017

Arjuna Naturals Extracts' BCM-95, a high-potency turmeric extract, has been granted a ‘No Questions’ response letter from the US Food and Drug Administration (FDA).

DSM maintains positive momentum with strong first half year

8 Aug 2017

DSM has reported that its second quarter concluded a very strong first half, with sales up 11% to €4,320m, with 8% organic growth. Adjusted EBITDA was up 16% to €721m.

FAO reports food prices rose for third consecutive month

7 Aug 2017

Global food prices rose for the third consecutive month in July, driven mainly by higher cereal, sugar and dairy quotations according to the monthly trade-weighted FAO Food Price Index.

Ingredion reports flat sales for 2Q, but 1H sales up 3%

7 Aug 2017

Ingredion has reported results for the second quarter 2017. Second quarter sales were broadly flat at $1,457 million, while year-to-date sales were 3% up at $2.910 million.

Mondelēz replaces Irene Rosenfeld with former McCain Foods CEO

7 Aug 2017

Mondelēz International has chosen Dirk Van de Put, current President and CEO of McCain Foods, to succeed Irene Rosenfeld as CEO as she steps down effective November 2017.

Campden BRI seminar to focus on integral aspects of sensory branding

4 Aug 2017

Sweet Green Fields gets Non-GMO Project verification for 28 stevia ingredients

4 Aug 2017

Sweet Green Fields (SGF) has achieved Non-GMO Project verification for 28 of its stevia ingredients, making it, according to the company, the largest producer of Non-GMO Project Verified stevia ingredients.

Otsuka to acquire Canadian plant-based food company

4 Aug 2017

Holistic healthcare company Otsuka Pharmaceutical is to acquire 100% of Daiya Foods, a privately held Vancouver, Canada-based company specialising in the manufacture of plant-based foods.

Impossible Foods secures $75 million investment for plant-based meat

3 Aug 2017

Impossible Foods has closed a $75 million investment after achieving significant milestones in intellectual property and food safety. The lead investor in the round is Singapore-based investment company Temasek.

Corbion bids $20 million to acquire TerraVia assets

3 Aug 2017

Corbion has entered into a "stalking horse" stock and asset purchase agreement with TerraVia, a company with a platform centred on microalgae, offering a cash purchase price of approximately $20 million.