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Folium Biosciences Names New Executive

Kris High joins company as chief commercialization officer
September 21, 2020
After two decades of global sales leadership in the specialty food and ingredient sectors, Kris High has joined the executive team at hemp-derived non-psychoactive cannabinoid manufacturer Folium Biosciences as the company’s first chief commercialization officer. 
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Elo Life Systems Appoints New Leadership

Alec Hayes to become vice president of technology and products
September 21, 2020
Elo Life Systems, a food and agriculture company with a mission to improve human health and wellness, announced that Alec Hayes, Ph.D., has joined Elo Life Systems as vice president of technology and products.
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Phytolon Secures $4.1 Million in Funding for Natural Food Color Tech

The food color market reached $2.85B in 2019, with a CAGR of 5.8%, where natural colors comprise 69% of the market
September 18, 2020
The need for new natural food colors is increasing due to growing consumer awareness and demands for healthier food colors to replace the synthetics that may have adverse effects on our health.
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New Virtual Experience from CP Kelco

New effort will allow customers, partners and other industry stakeholders to discover CP Kelco's insights and unique portfolio of offerings
September 18, 2020
CP Kelco, a global leader of nature-based ingredient solutions, launched a new virtual experience, allowing customers, partners and other industry stakeholders to discover CP Kelco's insights and unique portfolio of offerings through an innovative, virtual reality environment.
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Ingredion Opens State-of-the-Art Plant-Based Protein Manufacturing Facility

Nebraska facility will produce high-quality protein isolates primarily for the nutrition, health and wellness categories
September 18, 2020
Jorgen Kokke, executive vice president, global specialties and president of North America, and Jim Zallie, Ingredion’s president and CEO, officially unveiled the company’s latest state-of-the-art plant-based protein manufacturing facility in South Sioux City, Neb., with members from the company’s senior management team as well as its board of directors. The newly opened facility will produce high-quality protein isolates primarily for the nutrition, health and wellness categories.
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Food Industry News

Peak Rock Capital Affiliate Completes Acquisition of Halo Foods Ltd.

Halo is a manufacturer of healthy bars and snacks, with an extensive portfolio that includes cereal bars, fruit and nut bars, gluten-free, high protein and nutritionally controlled bars
September 17, 2020
An affiliate of Peak Rock Capital, a leading middle-market private investment firm, announced that it has completed its acquisition of Halo Foods Ltd. in partnership with the management team of Halo.
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Food Industry News

ADM, CDP, Kellogg Launch Climate Week

Companies to host an online panel discussion
September 17, 2020
To kick off Climate Week, ADM and CDP will be co-hosting an online panel discussion, Nourishing Resilience: ESG as a Tool for Sustainable Food and Ag Growth, on Monday, Sept. 21, at 11 a.m. EST.
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US Foods Fall Scoop: Evolving Off-Premise Trends

Innovative product lineup designed to take advantage of the takeout and delivery boom and diners’ focus on safety
September 17, 2020
US Foods Holding Corp. launched Fall Scoop 2020, titled “On Point With Off-Premise – Designed To Make It.” This special edition of Scoop features 14 products designed to address trends within off-premise dining such as labor-saving products perfect for DIY meal kits and products that will help ease diner safety and hygiene worries, including tamper-evident packaging and sanitation items.
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The Kraft Heinz Company to Sell Natural, Grated, Cultured and Specialty Cheese Businesses

A US affiliate of Groupe Lactalis will purchase the business for a reported $3.2 billion
September 16, 2020
The Kraft Heinz Company announced that it has entered into a definitive agreement to sell its Natural, Grated, Cultured and Specialty cheese businesses to a US affiliate of Groupe Lactalis for a purchase price of $3.2 billion. The proposed transaction is expected to close in the first half of 2021, subject to regulatory review and approval.
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2020 NEW PRODUCTS CONFERENCE — A VIRTUAL EVENT

Prepared Foods Opens 38th Annual New Products Conference

New Products Conference Readies Day Two Agenda
September 16, 2020

Prepared Foods’ New Products Conference resumes Wednesday, Sept. 16, from 11 a.m.-4 p.m. EST with the following speakers to showcase R&D and innovation strategies, functional foods and beverages, cell-based technology, consumer insights, regenerative agriculture, and more.


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