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Cargill grants $10 M to World Food Program USA to combat growing hunger crisis

Cargill grants $10 M to World Food Program USA to combat growing hunger crisis

The Ukraine crisis has triggered global price spikes in food, fuel and fertilizers that threaten to push countries around the world into famine Cargill has made a $10 million grant to World Food Program USA in support of the United Nations

Global
Bluu Seafood first to produce cultivated fish in Europe

Bluu Seafood first to produce cultivated fish in Europe

Ready to enter regulatory approval process in Asia, US, UK, and the EU Bluu Seafood, leading European Foodtech startup to produce cultivated fish and seafood, has presented the first market-ready products made from cultivated fish

Global
Norway supports rising food insecurity in Sri Lanka with Rs 189 M

Norway supports rising food insecurity in Sri Lanka with Rs 189 M

By assisting the most vulnerable groups in Sri Lanka The United Nations World Food Programme (WFP) has announced a critical contribution of NOK 5 million (approximately Rs 189 million) from the Government of Norway to

Global
Tyson Foods invests $180M in new food facility in US

Tyson Foods invests $180M in new food facility in US

Creates 250 new jobs and seven new production lines Tyson Foods has officially broken ground on an expansion project at its Caseyville prepared foods facility in the US that will increase automation and create 250

Global
Canadian firm Saputo expands position in growing specialty cheese categories

Canadian firm Saputo expands position in growing specialty cheese categories

Saputo produces, markets, and distributes a wide array of dairy products  Saputo Inc. has announced capital investments and consolidation initiatives intended to further streamline its manufacturing footprint in its USA sector. This announcement marks the continuation of the

Global
PepsiCo and AQUA Carpatica announce strategic agreement

PepsiCo and AQUA Carpatica announce strategic agreement

AQUA Carpatica is a perfect complement to PepsiCo's existing premium beverage portfolio PepsiCo, Inc. has entered into a strategic agreement with premium Romanian spring water AQUA Carpatica under which PepsiCo will own a 20 percent

Global
FAO, Canada join forces to address grain storage deficit in Ukraine

FAO, Canada join forces to address grain storage deficit in Ukraine

Canada contributes $40 million to cover 2.4 million tonnes of storage The Food and Agriculture Organization of the United Nations (FAO) has launched a new $40 million (Canadian Dollar 52 million) Canada-funded project to further

Global
Mondelēz reports strong growth of chocolate and biscuit biz

Mondelēz reports strong growth of chocolate and biscuit biz

Net revenues increased 9.5 percent driven by Organic Net Revenue growth of 13.1 percent Mondelēz International, Inc. has reported its second quarter 2022 results at $7,274 million. Net revenues increased 9.5 percent driven by Organic Net Revenue

Global
Nestlé invests $340 M in new coffee factory in Mexico

Nestlé invests $340 M in new coffee factory in Mexico

New factory leverages state-of-the-art equipment and green energies Nestlé has opened a new Nescafé coffee factory in Veracruz, Mexico. With an investment of $340 million, the plant creates 1,200 new jobs in the region and makes Mexico Nestlé's

Global
Unilever’s sales increase, driven by ice-cream & dressings

Unilever’s sales increase, driven by ice-cream & dressings

Turnover increased 14.9%, including a currency impact of 5.6% British FMCG firm Unilever has announced results of first half of 2022. Underlying sales growth in the first half was 8.1% with 9.8% from price and