Transaction benefits customers, drives growth synergies and significant savings for both companies
April 9, 2020
Ingredion Incorporated and PureCircle Limited have reached an agreement on the terms for Ingredion to acquire a controlling 75% stake in PureCircle, one of the leading producers and innovators of stevia sweeteners for the global food and beverage industries. Ingredion is a leading global provider of plant-based ingredient solutions to diversified industries.
Strong company response to help feed consumers around the world
April 7, 2020
As communities around the world struggle to cope with the real-life implications of the coronavirus (COVID-19) outbreak, The Kraft Heinz Company is providing an update on its response to the pandemic, the rescheduling of its upcoming Investor Day and business impacts to date, ahead of its first quarter 2020 earnings call later this month.
Company raises $80 Million series B to commercialize a new protein
April 3, 2020
Nature's Fynd, a food tech company producing a protein from a microbe originally discovered in the geothermal springs of Yellowstone's ancient volcano, has raised $80 million in new funding.
Julia Decruz to take on new role as the company’s new director R&D/applications
April 1, 2020
Pam deVries, General Manager, PROVA Inc., announced that the company has hired Julia Decruz to be the company’s new director R&D/applications, effective immediately.
New centers enable collaboration with global and regional customers on sugar reduction and taste innovations
March 31, 2020
Global food and beverage manufacturers can now create and collaborate on exploring sugar reduction solutions with SweeGen in its newly launched Food and Beverage Application Centers located in four global regions --- North America, Europe, Asia-Pacific and Latin America.
The show was scheduled to take place May 31 to June 2 in Indianapolis
March 31, 2020
In a letter to its community, the International Dairy Deli Bakery Association (IDDBA) announced the cancellation of its annual trade show. The show was scheduled to take place May 31 to June 2 in Indianapolis.
Show organizers are monitoring the coronavirus situation, and are following Chinese government guidelines and recommendations
March 31, 2020
The organizers of Hi & Fi Asia-China indicate that the 2020 expo will go ahead as planned from June 22-24 at the National Exhibition & Convention Center, Shanghai.
The Soy Innovation Challenge calls on ag-tech startups and teams to create value for soybean farmers through innovation and technology
March 31, 2020
US soybean farmers principally are price takers in the existing soybean supply chain, without transparent access to market signals originating from end users. Similarly, the complexity of the value chain makes it difficult for end users to buy raw materials that meet their needs.
Health and safety concerns related to the COVID-19 pandemic prompt the Institute of Food Technologists Annual Event and Food Expo to transition to a virtual experience
March 30, 2020
The Institute of Food Technologists (IFT) announced that it will transition the IFT20 Annual Event and Food Expo, slated for July 12-15 at McCormick Place in Chicago, to a virtual event experience. The move comes in an effort to prioritize the health and safety of participants and the broader community throughout current and anticipated developments of the COVID-19 pandemic.
Company team members working to ensure food supply during COVID-19 crisis
March 27, 2020
Hormel Foods, a global branded food company, announced a special cash bonus to its plant production team members who continue to work to produce food during the COVID-19 outbreak. PepsiCo, Inc. announced it will provide enhanced benefits to all US-based employees and additional compensation to US frontline employees amidst the novel coronavirus (COVID-19) pandemic.