Business news
Ornua opens new pizza cheese facility in Spain
Ornua, Ireland’s largest exporter of Irish dairy products, has opened its new, €30 million, state-of-the-art cheese production facility in Ávila, Spain.
Craft gin brand saturation looms in UK
The craft and high-end gin segment in the UK is at risk of a “shake-out” in the coming years, Pernod Ricard executive Jonny Peacock has told GlobalData, with the boom set to continue for around two more years.
New CBD trade association to be formed in UK
Following an extensive 6-month consultation with key stakeholders since the release of a landmark report CBD in the UK, a new trade association is being launched at a CBD Summit.
Axereal acquires Cargill’s malt business
Axereal, France’s largest grain co-operative, has acquired Cargill’s malt business on behalf of its subsidiary, Boortmalt. The move makes Boortmalt the world’s largest producer of malt.
Botanic Lab teams up with Deliveroo on CBD drinks
A year after medical cannabis was legalised in the UK, Botanic Lab, the brand behind CBD drink ‘Dutch Courage’, has rolled out its CBD on demand retail service with retailers Deliveroo and Holland & Barrett.
Innovators recognised at Gulfood Manufacturing Awards
Companies who are pushing the boundaries of the global food and beverage eco-system were honoured at the Industry Excellence Awards 2019
Global demand for ketchup stagnating
Exports of tomato ketchup declined in the first few months of 2019, as Canada drastically reduced its intake from the US following an anti-Heinz campaign, coupled with the trade spat between Ottowa and Washington.
Bell Publishing celebrates 20 years at Asia CanTech
This year’s Asia CanTech, which began in Bangkok today (28 October 2019), is an important milestone in the history of Bell Publishing, as the company celebrates 20 years.
Rum set to capitalise on the slowing gin market
According to data and analytics company GlobalData, the value of the rum market in the UK grew at a rate of 7.5% between 2017 and 2018, compared to the gin market which saw annual grow at a rate of 3.8%.
Supermarket unveils plastic-free range
The Thornton’s Budgens store in Belsize Park in North London has introduced a new plastic-free Unpackaged zone in a bid to cut plastic pollution in collaboration with environmental campaign group A Plastic Planet.
Innova Market Insights’ top trends for 2020
‘Storytelling: Winning with Words’ tops the list of Innova Market Insights’ Top Ten Trends for 2020, followed by plant-based, sustainability and texture.
EHL Ingredients invests in new machinery for allergen management
EHL Ingredients has overhauled its production processes to install completely segregated lines for ingredients containing allergens and non-allergen products to meet increased customer demand.
Transcend Packaging acquires BioStraw’s assets
South Wales-based Transcend Packaging Ltd, a manufacturer of sustainable paper-straws, has acquired Leeds-based BioStraw Ltd’s assets.
Do ‘trade secrets’ offer enough protection?
The product made according to a recipe can of course be seen, felt, tasted and touched – but the recipe itself, and the method by which it is manufactured, is intangible.