DuPont Nutrition & Health will increase its cultures manufacturing capacity in Europe with an investment of $60m to meet the growing demand for frozen and freeze-dried starter cultures. As part of the plans, three cultures production ...
The enterprise wearable market is experiencing a shift from wrist-worn devices to body- and head-worn wearables. ABI Research forecasts enterprise wearable shipments will grow from 30 million shipments in 2016 to nearly 147 million in 2021 ...
Tags: wearable market, VR headsets
Finland's Supreme Administrative Court has upheld a decision to impose a fine of €70m on dairy giant Valio for abusing its dominant market position in the domestic milk market. With the decision, the court has ended a long legal ...
Tags: Finland, Lowering Milk
US-based beverage company NuZee has partnered with DC Scott & Associates Food Brokerage to expand the distribution of its products sold under Coffee Blenders brand. With the agreement, the San Antonio, Texas-based DC Scott & Associates ...
Global speciality chemicals distributor Azelis has expanded its African operations by opening a new office in Abidjan, Ivory Coast. The new office forms part of Azelis’ commitment to invest in Africa. The company established its ...
Tags: speciality chemicals, Ivory Coast
German conglomerate BASF opened a new technical application laboratory for its nutrition and health business in Singapore to bolster its research and development footprint in the region. Located at Singapore Polytechnic and named as ...
Tags: functional foods, beverages
Monsanto announced that it has reached a new global licensing agreement with the Broad Institute of MIT and Harvard for the use of the novel CRISPR-Cpf1 genome-editing technology in agriculture. The CRISPR-Cpf1 system represents an ...
Tags: Monsanto, Crispr System
Pork Rinds & Snacks is recalling approximately 7,629 pounds of pork skin products that may be contaminated with Salmonella, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced. The ready-to-eat ...
Tags: Pork Rinds, Snacks
In January, Burt's Bees introduces Burt's Bees Plant-Based Protein Shakes -- its first foray into the functional food arena. The line includes Daily Protein, Protein +Gut Health with Probiotics, and Protein +Healthy Radiance with ...
Tags: Stevia leaf extract, vanilla, chocolate
The Everstone Group has acquired an undisclosed stake in Mumbai-based OmniActive Health Technologies for $35m. The acquisition is aimed at accelerating Everstone's growth in the fast-expanding nutraceuticals space. OmniActive is a major ...
Tags: Everstone, OmniActive
Insiders say there's a silver lining to stagnant box office takes in 2016. Box office takes for China's film industry remained stagnant in 2016, but most industry insiders see it as a blessing in disguise. Last year's box-office total was ...
Tags: Film Industry, Turning Point
David Grissam was worried he'd have to quit his job. Grissam had steadily been losing his hearing, which was a serious problem for the 911 dispatcher based in Norman, Oklahoma. It had gotten to the point where normal hearing aids didn't ...
If you thought Apple's last couple of years were big, just wait for 2017. The launch of the large-screen iPhone 6 and 6 Plus in late 2014 sent Apple's fortunes soaring. Apple became the most profitable company in the world, and the ...
Keeping up a sound and steady pace of development, the Chinese sports industry was booming in 2016 as investors tried to cover a wider range of business, while finding new engines to drive growth. Policy-oriented industry China's State ...
Tags: Sports Industry, outdoor sports
DuPont Nutrition & Health has announced that it will sell its global food safety diagnostics business to a Warburg Pincus portfolio company Hygiena. However, the financial terms of the transaction were not disclosed. The acquisition ...
Tags: DuPont, Food Safety, Hygiena