News

Mondelez International Inc. has announced that it has taken a minority investment in Uplift Food, a U.S. start-up focused on prebiotic functional foods. SG

Strong sealing properties, easy opening and high-opacity white colouring are characteristics of plastic film innovator Südpack’s new launch, the Smart Peel. SP

The Barry Callebaut Group celebrates today the opening of its new office and its new Chocolate Academy center in Beijing with customers (global and local food manufacturers, as well as professional chocolatiers) and distribution partners. SG SP

On 28 and 29 May, this year’s “Free From Functional Food & Health Ingredients (FFFHI)” will bring around 350 market-leading exhibitors to Barcelona/Spain. SP

DSM has announced the establishment of Avansya V.O.F., a 50:50 joint venture between Cargill and DSM. SG SP

Bell Flavors & Fragrances EMEA (Bell), supplier of flavours, botanical extracts and specialty ingredients, has launched a functional taste solution for a 30 % reduction of sugar in products like ice cream and bakery applications. SP

The cocoa price in New York recently fell to around USD 2,250/t, after the International Cocoa Organization (ICCO) forecast a larger than expected surplus. SP

Despite the challenging market environment in 2018, the Lindt & Sprüngli Group once again continued its solid growth path and further extended its leading position in the premium chocolate market. Lindt & Sprüngli’s group sales increased by 5.5% in Swiss francs to reach CHF 4.313 bn. SG

Cargill’s cocoa and chocolate business and Smet, a leading Belgium-based supplier of chocolate and sweets decorations to the food service and confectionery markets, announce their intent to bring together their global gourmet chocolate activities. SG SP

An early detection tool has been developed that could help West African countries tackle harmful Cocoa Swollen Shoot Virus (CSSV), which is spreading rapidly in Ivory Coast, Ghana, Nigeria, and Togo. SP

The supervisory board of Südzucker AG has agreed on the restructuring plan for the sugar segment suggested by the executive board. SG SP

Glanbia has agreed to acquire Watson, a non-dairy ingredient solutions business from West Haven/USA, for EUR 78.65 m. SP

A change of ownership and management has been announced at leading Dutch cocoa warehousing company HD Cotterell BV. SP

The second edition of ProFood Tech is successfully reinforcing its position as the key trade fair in North America exclusively for the processing of food and beverages. SP

CAOBISCO reiterates its concerns that market access gains in the EU-Japan Economic Partnership Agreement (EPA) may be jeopardised by unworkable rules of origin. SG SP