ADM will buy a 50% stake in Russian supplier Aston Foods’ corn business, expanding its sweetener and starch capacity in Russia and globally. The deal, which must still be approved by financial regulators, would see Chicago-headquartered Archer Daniels Midland (ADM) become a 50% owner of Aston’s corn wet mills in Ibred and Novlyanka. The US […]
Etiqueta: customers
Givaudan sees seven trends driving innovation and consumption
From “layered wellness” to “tailored expectations” flavour supplier Givaudan delves into agenda-setting consumer trends in its re-vamped FlavourVision digital platform. Swiss flavour and fragrance manufacturer Givaudan identified over 70 “crucial drivers” and “leveraged attitudes” that it believes will shape the future of food demand in its new behavioural survey, which feeds into the trends […]
Chemical specialist acquired formulator of food ingredients and strengthens customer proximity
On Thursday, January 11th, the international chemical specialist Budenheim acquired the Spanish company La Campana located in Lliria, Province Valencia. Budenheim gained all shares of the ingredients formulator offering solutions for the processed-meat industry. The chemical specialist is pleased to welcome all 80 employees of La Campana’s headquarter as well as its sales offices in […]
Industry sluggishness forces Scotland’s hand in slapping down obesity
The food and drink industry’s lack of action in addressing unhealthy food advertising and promotion in Scotland has forced the government to take control with its new diet and obesity consultation. The government is clamping down on price promotions that include multi-buy; three-for-two and temporary price offers, after an underwhelming industry response regarding voluntary action […]
How millennials will shape food in 2017
Every generation influences society, and in recent years, it has been the millennials’ turn. About a year ago, for instance, the millennials, generally thought of as adults from ages 19 to 35, became the age group to make up the biggest chunk of the American workforce. So it should be no surprise that when businesses […]
Total creates new HDPE compound
Total, a France-based petrochemical company, has introduced a range of high-density polyethylene (HDPE) circular compounds with high levels of recycled content, which it will make available to its packaging segment customers. According to Total, the new recycled-content HDPE demonstrates performance that is either equal to or exceeds virgin resins. Jean Viallefont, Total’s vice president of […]