Latest News in the food Industry

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Tate & Lyle to get 15% of Sweet Green Fields

Tate & Lyle to get 15% of Sweet Green Fields

28 May 2018

Tate & Lyle has entered into an agreement to acquire a 15% equity holding in Sweet Green Fields, one of the largest privately held, fully integrated global stevia ingredient companies.

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Ecotrophelia UK shortlist announced

Ecotrophelia UK shortlist announced

24 May 2018

The growing trend for plant-based diets has inspired the teams that have entered this year’s student food innovation competition – Ecotrophelia UK. All five of the shortlisted products are meat-free and four are also vegan.

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DSM gets patent victory over Lallemand

DSM gets patent victory over Lallemand

23 May 2018

DSM has received unanimous jury verdict in a Federal Court in Wisconsin concluding that all glycerol reducing ethanol yeast products sold by Lallemand infringe DSM’s US Patent 8,795,998.

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Firmenich expands California footprint

Firmenich expands California footprint

21 May 2018

Firmenich has expanded its footprint in California, United States to offer its customers tailored taste and nutrition solutions, including a unique range of organic offerings.

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PLT,  zümXR collaborate on green coffee beans

PLT, zümXR collaborate on green coffee beans

21 May 2018

PLT Health Solutions and zümXR are launching a new Green Coffee Bean Caffeine ingredient aimed at energy supplement, shot and food markets. The new ingredient is based on zümXR Targeted Release Caffeine technology.

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Roquette expands Tokyo technical service centre

Roquette expands Tokyo technical service centre

16 May 2018

Plant-based ingredients company Roquette has announced the expansion of its Food Customer Technical Service Center (CTS) in Tokyo to respond to a local increasing demand in personalized nutrition.

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IFF to pay $7.1 billion for Frutarom

IFF to pay $7.1 billion for Frutarom

10 May 2018

International Flavors & Fragrances (IFF) and Frutarom have announced that they have entered into a definitive agreement under which IFF will acquire Frutarom in a transaction valued at approximately $7.1 billion.

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Kerry reports 1Q 3.7% growth in volumes

Kerry reports 1Q 3.7% growth in volumes

9 May 2018

Kerry Group has issued its Q1 Interim Management Statement. The company reported a 3.7% growth in business volumes, with Taste & Nutrition growing 4.3%; and Consumer Foods +1.6%.

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FAO reports April food prices flat vs. March

FAO reports April food prices flat vs. March

8 May 2018

The FAO Food Price Index (FFPI) averaged 173.5 points in April 2018, nearly unchanged from March but up 2.7% from the corresponding period last year.

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Novozymes grows in line with expectations

Novozymes grows in line with expectations

4 May 2018

The company says it is well in line to deliver on its full-year sales growth outlook of 4-6%, and margins are said to be strong despite a significant currency headwind.

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Engaging with the Instagram generation

Engaging with the Instagram generation

3 May 2018

Colourful, exotic and unusual foods are on the rise as a growing number of consumers look for food experiences they can share on social media.

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Performance Nutrition drives Glanbia 1Q revenue growth

Performance Nutrition drives Glanbia 1Q revenue growth

3 May 2018

Glanbia has issued an Interim Management Statement for the three month period ended 31 March 2018, delivering positive revenue growth of 4.8%, constant currency in the first quarter of 2018.

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