Ulusoy has secured a 6-year, US$25m senior debt facility from Dutch entrepreneurial development bank FMO to fund the acquisition of a prominent consumer brand, which will enable it to move from an exclusive B2B business into B2C channels.
A new joint venture between Chef Thiam’s US-based West African fonio brand Yolélé and Mali Shi SA, a shea butter manufacturer that provides income to tens of thousands of women through its proprietary sourcing operations, has received a $1.98m grant from...
Tel Aviv-based B.T. Sweet, Ltd. has developed a game-changing plant-based sweetening platform, which enables producers to slash the sugar content from breakfast cereals, confectionery and treats like hazelnut and chocolate spread.
KP Snacks has cut 410 tonnes of plastic from its packaging in 2021 after pairing back on packaging by 6.8% across a number of its brands. It also said that 13 million snack packs have been recycled to date through its partnership with TerraCycle.
PepsiCo has expanded its green tech accelerator programme in partnership with the UAE Ministry of Climate Change and Environment (MOCCAE) to reach sustainable design innovators across the Middle East and North Africa (MENA) region.
Aligned to its pledge to transition 100% of its packaging to reusable, recyclable or compostable material by the end of 2025, the breakfast cereal giant will be trialling a fully recyclable paper liner for its Corn Flakes cereals next year.
Researchers at the University of California, Davis, have developed a new type of cooling cube that they claim could revolutionize how food is kept cold and shipped fresh without relying on ice or traditional cooling packs.
How can industry achieve a circular bioeconomy in food packaging? The solution lies in valorising waste into packaging products that can later be biodegraded back into soil, according to Professor Jose Lagaron from the Spanish Council for Scientific Research.