News

News per page:
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15  Next | Last
 
  28/07/2021 | Ingredients

Food ingredients: Azelis takes over Quimdis

French food ingredients supplier Azelis has acquired Quimdis, a French distributor of food ingredients and specialty chemicals for other sectors.

French food ingredients supplier Azelis has acquired Quimdis, a French distributor of food ingredients and specialty chemicals for other sectors. This acquisition strengthens Azelis’ offering to fast-growing and attractive markets while also enhancing the position of Azelis France in the life sciences sector. Quimdis now specializes in the ingredients distribution and formulation development, with solid positions in the French market and with sales into more than 45 countries.

www.azelis.com www.quimdis.com

 
 
  26/07/2021 | Ingredients

Givaudan reports increase in sales and profit

Givaudan Group’s flavour business was impacted during the first six months of the year, as its foodservice segment struggled with Covid-19 pandemic outcomes.

Givaudan Group’s flavour business was impacted during the first six months of the year, as its foodservice segment struggled with Covid-19 pandemic outcomes. However, in its most recent financial overview, the flavour house reports a “strong recovery” in the second quarter due to lifted out-of-home restrictions in certain markets. Robust growth was achieved across most product segments and geographies, with the mature markets growing at 6.1 % and the high growth markets at 10.4 % on a like-for-like basis.

The company’s sales for the first six months of the year were reported at CHF 3.4 bn, an increase of 7.9 % on a like-for-like basis and 4.7 % in CHF. The Taste & Wellbeing segment reported sales of CHF 1.8 bn, an increase of 6.1 % on a like-for-like basis and 2.5 % in CHF.

Givaudan’s gross profit increased by 8.9 % from CHF 1.4 bn in 2020 to CHF 1.5 bn in 2021. Due to high operating leverage related to the strong sales volume growth and cost discipline, the gross margin increased to 43.9 % in 2021 compared to 42.2 % in 2020.

“I am really pleased with our strong performance in the first half of 2021, with all parts of our business contributing to the excellent financial results and a strong contribution from our 2025 strategic growth areas,” says CEO Gilles Andrier. Among its targets for 2025, Givaudan is aiming to achieve organic sales growth of 4 to 5 % on a like-for-like basis and free cash flow of at least 12 %, both measured as an average over the five-year period strategy cycle.

www.givaudan.com

 
 
  21/07/2021 | Ingredients

Barry Callebaut and Prova partner on sustainably sourced cocoa and vanilla in “Better For You” chocolate

Barry Callebaut is teaming up with French vanilla supplier Prova to launch a new charter in Madagascar that will boost its vanilla sourcing credentials.

Barry Callebaut is teaming up with French vanilla supplier Prova to launch a new charter in Madagascar that will boost its vanilla sourcing credentials. The tie-up will bring 100 % sustainability to Barry Callebaut’s North American “Better For You” chocolate portfolio.

In addition, the Swiss chocolate giant is moving toward 100 % sustainably sourced cacao within this product range. These developments along both supply chains are hailed as important steps toward the company’s 2025 “Forever Chocolate” sustainability goals.

Barry Callebaut’s “Better For You” portfolio includes – but is not limited to – sugar solutions (sugar-free, reduced sugar and no sugar added), high-protein, dairy-free and organic solutions. The portfolio has seen high growth and innovation in recent years, the supplier highlights. Barry Callebaut and Prova will fund and support local communities through social, health and education programs.

www.barry-callebaut.com www.prova.fr

 
 
  20/07/2021 | IT/Logistics, Packaging

Mosca honoured as the most sustainable company in German mechanical engineering

Mosca tops the list of winners in the “Germany’s Best – Sustainability” category of Focus Money’s prestigious awards for German companies.

Mosca tops the list of winners in the “Germany’s Best – Sustainability” category of Focus Money’s prestigious awards for German companies. The company thus sets the benchmark for the industry in the “Mechanical and Plant Engineering” category, in which 34 companies were ranked.

The award was made as part of the “Germany’s Best – Sustainability” study conducted by the IMWF (Institute for Management and Economic Research) on behalf of Focus Money and Deutschland Test. The study looked at around 24,000 companies and brands in the period from March 2020 to February 2021. The criteria of the award, which gives equal weight to the areas of ecology, economy and social issues, prove that sustainability goes far beyond environmental protection.

www.mosca.com

 
 
  19/07/2021 | Ingredients

Tereos and Firmenich collaborate on stevia extracts sourcing agreement

Tereos has inked a strategic sourcing agreement with Swiss flavour house Firmenich for stevia extracts.

Tereos has inked a strategic sourcing agreement with Swiss flavour house Firmenich for stevia extracts. The move will allow the company to offer its customers traceable stevia-based sweetening solutions worldwide. According to Tereos, the new agreement with Firmenich is crucial to the sweeteners industry so that Tereos can “build on unparalleled expertise in taste and further accelerate its innovation in sugar reduction.”

Stevia extract is one of several options that Tereos has been offering to meet customers’ sweetening needs. The company’s product portfolio includes sweetness options, bulking agents, fibres and proteins, which add up to a complete set of solutions supported by proven reformulation expertise. By combining Tereos’ solutions with Firmenich’s range of stevia extracts and building on high expertise in taste, this agreement further accelerates Tereos’ innovation in sugar reduction.

www.tereos.com www.firmenich.com

 
 
  15/07/2021 | Packaging

Mosca: Virtual 360° tour offers insights into innovative solutions

Unique perspectives and innovative solutions await website visitors in a close-up 360° virtual tour of strapping specialist Mosca’s visions of future of end-of-the-line packaging.

Unique perspectives and innovative solutions await website visitors in a close-up 360° virtual tour of strapping specialist Mosca’s visions of future of end-of-the-line packaging. The in-depth experience is available since 14 July 2021 at https://360-showroom.mosca.com/en. Viewers can click through the photo-realistic exhibition featuring different end-of-line solutions in high-resolution image quality, turn around for a 360° panorama and zoom-in on detailed close-ups of the machinery. Each station offers in-depth product information along with a direct link to a Mosca expert. The virtual tour is complemented by multimedia presentations focusing on digitalization concepts, strapping industry solutions and services.

www.mosca.com

 
 
  14/07/2021 | Packaging

Pack Expo Las Vegas and Healthcare Packaging Expo to reunite the packaging and processing industry

Live, in-person technology in action for the first time in 18 months is just one of the many features of the only comprehensive packaging and processing trade show in the world this year: Pack Expo Las Vegas and Healthcare Packaging Expo (27 to 29 September).

Live, in-person technology in action for the first time in 18 months is just one of the many features of the only comprehensive packaging and processing trade show in the world this year: Pack Expo Las Vegas and Healthcare Packaging Expo (27 to 29 September). Show producer PMMI, The Association for Packaging and Processing Technologies, will reunite the packaging and processing community with over 1,500 exhibitors, targeted education and countless networking opportunities spread across four expansive halls at the Las Vegas Convention Center. “Registration is already exceeding expectations, and we anticipate well over 20,000 packaging and processing professionals in attendance this September,” says Jim Pittas, President and CEO, PMMI.

In today’s manufacturing environment, processing and packaging often come together as an integrated system, making it more critical than ever to bring both packaging and processing solutions under one roof. To meet this growing need, The Processing Zone returns with front-of-the-line solutions such as homogenizing, heat treating, forming/sizing and coating to help increase efficiency, achieve total system integration and ensure food safety. New in 2021 is the Processing Innovation stage, focusing on the latest processing breakthroughs.

Additional pavilions include the Package Printing Pavilion, showcasing the latest in cost-effective digital printing solutions, The Containers and Materials Pavilion, displaying the latest in new recyclables and bio-based materials, printable films, flexible, resealable and plant-based packaging, The Reusable Packaging Pavilion, highlighting sustainable packaging solutions, and the Confectionery Pavilion, home of the Candy Bar Lounge, sponsored by Syntegon Packaging Technology and hosted by the National Confectioners Association (NCA).

www.packexpolasvegas.com

 
 
  13/07/2021 | Packaging

TNA strengthens North African operations with appointment of new General Manager

TNA Solutions, global food processing and packaging solutions provide, has announced the appointment of Magdy El Dessouky as General Manager for North Africa.

TNA Solutions, global food processing and packaging solutions provide, has announced the appointment of Magdy El Dessouky as General Manager for North Africa. With over 21 years’ experience in customer service and business development, he will assume responsibility for on-the-ground customer services and technical support for Algeria, Libya, Morocco and Tunisia. This latest move forms part of a wider initiative to bolster TNA’s ongoing commitment to support its customers across the Middle East and North Africa (MENA) territories.

Since first joining TNA in 2016 as General Manager for Australia, Magdi El Dessouky has held various key positions across Europe, the Middle East, the US, Africa and Australia, developing valuable experience along the way. In his new role, he will assist customers based in North Africa, helping them to optimize their packaging and processing solutions with the latest innovations TNA has to offer.

www.tnasolutions.com

 
 
  13/07/2021 | Industry

Cocoa grinding in Europe increases by 13.6 percent in the second quarter 2021

The 19 companies reporting their grinding volumes to the European Cocoa Association (ECA) in Brussels increased their output by 13.6% to 356,854 tonnes cocoa beans in the second quarter of 2021.

The 19 companies reporting their grinding volumes to the European Cocoa Association (ECA) in Brussels increased their output by 13.6% to 356,854 tonnes cocoa beans in the second quarter of 2021. This is shown in the ECA's latest chart.

This is the first significant upturn in the market after eight consecutive quarters of decline. This even exceeds the result of 2018 (356,109 t), which was the strongest second quarter so far since 2009.

www.eurococoa.com

 
 
  12/07/2021 | Industry, International

Barry Callebaut to open factory in Kaliningrad

The Barry Callebaut Group announced the opening of its third factory in Russia, in the special economic zone of Kaliningrad region, at the Baltic Sea.

The Barry Callebaut Group announced the opening of its third factory in Russia, in the special economic zone of Kaliningrad region, at the Baltic Sea. The factory was acquired in September 2020, and will be operational in August 2021. The current setup of the factory will allow Barry Callebaut to produce liquid and solid compound and fillings. Initially the factory will employ about 40 people, thus creating new skilled jobs, mainly in production, engineering and warehousing.

“The opening of our third factory further strengthens our presence in Russia and underlines our commitment to the world's third-largest chocolate confectionery market,” said Rogier van Sligter, Co-President EMEA at Barry Callebaut. Apart from the factory in Kaliningrad, Barry Callebaut’s footprint in Russia includes two factories, one in Chekhov, Moscow region, and another in Kasimov, Ryazan region.

 

barry-callebaut.com

 
 
News per page:
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15  Next | Last