The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

Nestlé will invest seven billion (approx. $1.86 billion) Saudi Riyals in Saudi Arabia in the next ten years to support business growth.

The African Development Bank Group's board of directors has approved a $27.9m grant to Ghana for the development of agricultural value chains.

Kyowa Hakko Bio – a subsidiary of Kirin Holdings – has completed a production facility for human milk oligosaccharides (HMOs).

Indian craft beer maker, Bira 91, which is owned by B9 Beverages, has raised $70 million in a funding round led by Japanese beer company Kirin Holdings.

Unilever has announced plans to explore “cow-free” dairy for use within its ice cream portfolio in the next couple of years.

New Zealand-based cultivated meat company, Opo Bio, has announced a NZD 1.5m seed round and plans to launch its first research product.

Firmenich and DSM have announced the launch of the Exchange Offer as part of their merger process, which was first announced in May.

The recycling plant will see PET flakes converted into food-grade rPET pellets that can be used directly in new preforms, bottles and containers.

Cargill will appoint Brian Sikes as its president and chief executive officer on 1 January 2023 who has worked at the company for 31 years.

Global food company Danish Crown is set to invest more than £100m in a new 30,500-square-metre processing facility in Rochdale, Manchester.

Danone has introduced a new global energy excellence programme, Re-Fuel Danone, to drive energy efficiency across its sites worldwide.

Glass manufacturer Vetropack Group is investing over CHF 400m (approximately $417.6m) in a new facility located in Italy.