Coffee giant JDE Peet’s raises $2.5 billion in IPO May 29, 2020 In: Beverage, Business, Financial, Funding & Investments, Industries, Retail, Tea & Coffee JDE Peet’s, the merger between Jacobs Douwe Egberts and Peet’s Coffee, has raised €2.25 billion in its initial public offering (IPO). Read more
Fat and oil types are strong purchase consideration factors – says Cargill study May 29, 2020 In: Business, Food, Health, Industries, Ingredients, Labelling, Packaging, People, Research A study by Cargill has found that 68% of consumers across the world closely monitor the type and amount of fat and oil when purchasing packaged food. Read more
CJ Bio inaugurates $50m plant to make new TasteNrich solution May 29, 2020 CJ Bio has launched a new savoury flavour business and inaugurated the $50 million facility in Indon... Read more
Symrise opens new 50m euro production site in China May 27, 2020 Symrise has inaugurated a new production site for flavourings and fragrances in Nantong, China follo... Read more
Hershey to increase ‘direct sourcing’ of cocoa in West Africa May 28, 2020 The Hershey Company has committed to 100% direct-sourced cocoa in high-ask areas by 2025, as part of... Read more
