News

Algaia S. A. announces its cooperation with Herbstreith & Fox KG Germany. The companies are joining forces to provide a sustainable combination of pectin and alginates for multiple baking applications, to be marketed as both single ingredients or as a blend. SP

Givaudan has released its nine-month financials report, outlining a 6.4 % rise in sales this year on a like-for-like basis. SP

Despite more challenging growth conditions, Chr. Hansen delivers a strong EBIT margin and a healthy cash flow, while also making significant progress on key strategic priorities. SP

In the first half of the current 2019/2020 fiscal year (1 March to 31 August 2019), Südzucker AG achieved group consolidated revenues of € 3.314 (previous year: 3.475) bn. SG SP

What demands does the packaging of sweets and snacks have to satisfy in the year 2020 and beyond? How can snacks and sweets do justice to the manifold demands of packaging? SG SP

Pack Expo Las Vegas and Healthcare Packaging Expo hit an unprecedented trifecta this year, breaking records for number of exhibitors, total exhibit space and total attendees, according to show owner and producer PMMI, The Association for Packaging and Processing Technologies. SP

The main cocoa crop in Ivory Coast, the season for which runs from October to March, is expected to be as large as last year’s crop, making the overall crop a record-breaking one. SP

Recently, Bell Flavors & Fragrances EMEA officially opened its new culinary centre and office space in Ketton, Stamford. SP

Nielsen market researchers have calculated a solid boost for confectionery sales on the German market through week 35 of 2019. According to the latest confectionery monitor, revenues rose by 2.6% up to € 8.953 bn with sales volume growth of 1.1% up to 1.089 m tonnes (basis: food retailers + drug stores + impulse channels + gas station shops + department stores). SG

Cardbox Packaging has received the Innovations Award of European Carton Excellence Award. SP

Swiss flavour house Firmenich has reached an agreement to take a minority stake in Robertet, a French fragrance and flavour manufacturer that specializes in natural raw materials. SP

Based on its unparalleled innovation power, Barry Callebaut AG unveiled at an exclusive event in San Francisco “Cacaofruit Experience”: an innovative range of products that celebrates the fresh, fruity taste and natural richness of the cacaofruit and marks the creation of a next-gen food & drink category. SG SP

Cargill and the International Finance Corporation (IFC) have renewed their partnership, allowing the organizations to introduce new initiatives to strengthen cocoa producing cooperatives and their communities, including Coop Academy 2.0. SP

As part of a press conference at FachPack trade fair, Hans-Joachim Boekstegers, Executive Director and CEO of Multivac, who will be retiring on 1 January 2020, gave an overview of the current development of the business, as well as packaging trends and some of the company’s many product innovations. SP

Cargill has invested USD 5 m in its site in Mouscron/Belgium to enhance its capabilities for producing chocolate with lower sugar levels. SP