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Daily Insights and Food Industry News

OLAM AIMS BIG AS IT PREPARES FOR £2 BILLION LISTING OF FOOD INGREDIENTS DIVISION

03 Sep 2021  Read: 3 min.
A planned stock exchange listing of the food ingredients unit of the commodity trader Olam International in the first half of next year is set to raise the equivalent of billions of euros.

B&M’S MAINE CLOSURE OPENS UP TECH OPPORTUNITY AS ROUX INSTITUTE MOVES IN

02 Sep 2021  Read: 2 min.
New Jersey-based B&G Foods, whose brands include Back to Nature, B&M, and Maple Grove Farms among many others, is selling its 100-years-old Portland, Maine manufacturing facility as part of efforts to reduce costs and improve productivity. The closure will lead to the loss of 86 jobs and means that manufacturing operations of the B&M and…

EU ANIMAL FEED POLICY CHANGE A STEP TOWARDS A CIRCULAR ECONOMY, SAYS EFPRA

02 Sep 2021  Read: 3 min.
The EU’s decision to relax the 'feed ban' is a step towards a circular economy and the Green Deal, according to the European Fat Processors and Renders Association (EFPRA)

NORAY SECURES ACCREDITATION FOR ITS “ZERO-WASTE” SHRIMP PRODUCTION

01 Sep 2021  Read: 2 min.
Noray, a company that produces shrimp from a land-based farm in Spain, has been awarded Aquaculture Stewardship Council accreditation.

SALMAR AND AKER LINK UP TO CREATE ‘WORLD’S MOST RELIABLE AND INTELLIGENT’ FISH FARM

01 Sep 2021  Read: 3 min.
SALMAR AND AKER LINK UP TO CREATE ‘WORLD'S MOST RELIABLE AND INTELLIGENT’ FISH FARM

NEW KANTAR DATA REVEALS BIG CHALLENGES FOR UK’S MEAT INDUSTRY

31 Aug 2021  Read: 2 min.
Kantar has reported that fresh primary meat and poultry struggled to maintain UK shoppers over the 12 weeks to August 8.

GRIND RAISES $30 MILLION FOLLOWING 2020 SALES BOOM

31 Aug 2021  Read: 2 min.
On its tenth anniversary, cult London coffee brand, Grind, has raised £22 million ($30 million) led by entrepreneur and author Richard Koch, known for his bestselling book The 80/20 Principle, and founder of L.E.K. Consulting.

LATEST NZ LOCKDOWN LEADS TO CALLS FOR FOOD BUSINESSES TO DONATE SUPPLIES TO PREVENT WASTE

30 Aug 2021  Read: 2 min.
Food producers, wholesalers and other businesses in New Zealand have been urged to donate surplus stock as heavy lockdown restrictions mean that much of it would otherwise go to waste.

ETHICAL LABELS AND HOW TO BOOST THEIR VALUE ON PACKAGED FOODS

30 Aug 2021  Read: 4 min.
Sweden is at the top of a new ranking compiled by research consultancy Euromonitor when it comes to the potential for using ethical labels to enhance food sales. That will not come as a surprise to many given Scandinavia’s widely-perceived image as clean-living and healthy – and home to environmental activist Greta Thunberg. But there…

CADMIUM AND LEAD LEVELS IN FOOD IN EUROPE BEING CUT TO SAFEGUARD HEALTH

27 Aug 2021  Read: 3 min.
The European Union has set tougher limits on cadmium and lead levels in food, with the new rules coming into force at the end of August.

MORE THAN 90% OF NON-EEA SEAFOOD IMPORTS INTO NORWAY FREE OF CONTAMINATION

27 Aug 2021  Read: 2 min.
The overwhelming majority of seafood imports into Norway from outside the European Economic Area are free of contamination, a report has found.

QUORN OPENS US DEVELOPMENT CENTRE FOLLOWING PARENT’S $1 BILLION IPO

26 Aug 2021  Read: 2 min.
Established meat alternative food manufacturer Quorn is stepping up its position in the meat-free chicken category with the opening of a new culinary development centre in Dallas, Texas. It follows investment into the US business by Philippines parent Monde Nissin Corp which generated $1 billion in an initial public offering in June. “Our ambition is…

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