Microbiology and life sciences company to combine with global microbial detection and diagnostics business
December 15, 2016
DuPont Nutrition & Health and Hygiena, a Warburg Pincus portfolio company that specializes in rapid food safety and environmental sanitation testing, announced that Hygiena will acquire DuPont's global food safety diagnostics business
Move places importance of human health above litigation
December 14, 2016
Both parties will withdraw all legal complaints, cross license each other’s “use patents” and begin to form a Lutein and Zeaxanthin Trade Organization.
James Quincey to succeed Muhtar Kent as CEO in May
December 13, 2016
Under the new structure, company veteran James Quincey, president and chief operating officer (COO), will succeed Kent as CEO, effective May 1, 2017. Kent will continue as chairman of the Board of Directors.
The high growth potential in emerging markets such as India and China, and untapped regions provide new growth opportunities for the players in the frozen bakery products market
December 13, 2016
Increase in demand for convenient food products and drive for greater taste, safety, and consistency are the major factors driving the global frozen bakery products market.
Salt Reduction Trend Drives Company to Invest $1 Million
December 12, 2016
Salt of the Earth Ltd. expands production of its all-natural “Mediterranean Umami” clean-label sodium-reduction ingredient. The company’s $1 million investment in production facilities is nearing completion.
Howard Schultz plans on staying on board as executive chairman, turning the CEO reins over to Starbucks President and COO Kevin Johnson
December 9, 2016
Starbucks chief Howard Schultz announced that he was stepping down as CEO of the company, effective April 2017. Schultz plans on staying on board as executive chairman, turning the CEO reins over to Starbucks President and COO Kevin Johnson.
New facility in China is positioned to create food of the future
December 9, 2016
Situated in Shanghai, Cargill ONE employs nearly 50 researchers, scientists, nutritionists and chefs who will work with customers to develop nutritious and safe food that meet the changing tastes of consumers.