News

Technology continues to be a major priority for Firmenich International SA, which has announced plans to continue investing for the long-term, notwithstanding any near-term challenges. SP

Biesterfeld is expanding its long-term partnership with US-based ingredients manufacturer CP Kelco in the food and nutrition sector. SP

Confectionery sales in German retail experienced a significant boost in the first half of 2020, with a 7.9% increase up to € 7.271 bn. SG

Ingredion has released its results for the second quarter of this year, highlighting how it has managed to pivot its business with virtual solutions to adjust to fluctuations in consumer demand due to Covid-19. SP

Symrise very successfully continued its profitable growth course in the first half of 2020 also during the global coronavirus pandemic. SG SP

After thoughtful consultation with the PMMI Board of Directors, PMMI, The Association for Packaging and Processing Technologies, has made the difficult decision to cancel its in-person Pack Expo International and Healthcare Packaging Expo in Chicago this year. SP

In DSM Food Specialties’ first half-year results, the company’s Nutrition segment delivered a steady performance in light of the Covid-19 pandemic. SP

Sonoco, one of the largest global diversified packaging companies, announced it has acquired Can Packaging, a privately owned designer and manufacturer of sustainable paper packaging and related manufacturing equipment, based in Habsheim/France, for total consideration of EUR 41.7 m. SP

Once again this year, during Fi Europe co-located with Hi Europe at the beginning of December, show organizer Informa Markets will be recognizing companies and organizations for ground-breaking novelties in the Fi Europe Innovation Awards. SP

The new Packaging Valley puts its members in the spotlight. The partner for packaging tasks is now chosen from over 80 members instead of 40. SP

The IRI confectionery monitor has registered an exceptionally positive result for the first half-year of 2020 for German retail confectionery sales following a clear increase already after the first four months. SG

The Nestlé Group achieved sales of CHF 41.152 bn in the first half of 2020. Organic growth reached 2.8%, with real internal growth (RIG) of 2.6%. Pricing contributed 0.2% and was positive in all three zones in the second quarter. SG

The Hershey Company announced net sales and earnings for the second quarter ended June 28, 2020. Consolidated net sales were USD 1.707 bn in the second quarter of 2020 versus USD 1.767 bn in the year ago period, a decrease of 3.4%. SG

The Swiss edible oil and fat specialist, Nutriswiss, is expanding its refining operations with new short path distillation (SPD) equipment. SP

Mondelez International, Inc. reported its second quarter 2020 results. According to the company, net revenues decreased 2.5% to USD 5.911 bn driven by unfavourable currency and the impact of a prior-year divestiture, with underlying organic net revenue growth of 0.7% and the positive impact of acquisitions. SG