ScaleUp Bio announces initial customers from USA, Australia & Asia, supporting Global food innovations
ScaleUp Bio, a pioneering, Singapore-based, CDMO provider of submerged microbial precision fermentation facilities, expertise and services, today announced an initial list of customers, underscoring strong global interest in the company’s unique value proposition: Ø Collaboration agreement with Australia’s Nourish Ingredients, to support its Asian growth strategy Ø Signed letters of Intent with USA’s C16 Biosciences, […]
Hindustan Coca-Cola FY23 net profit doubles to Rs 809 cr
Hindustan Coca-Cola Beverages (HCCB) Ltd, the bottling arm of beverage major Coca-Cola in India, net profit jumped two-fold to Rs 809.32 crore for FY23, according to data accessed by business intelligence platform Tofler. The company, which operates 16 factories spread across India, recorded a 41.51 per cent rise in its revenue from operation to Rs […]
BASF Aroma Ingredients expands its Isobionics® portfolio with new natural flavors
Isobionics®, a brand of BASF Aroma Ingredients, is launching two new natural products on the flavor market. Isobionics® Natural alpha-Bisabolene 98 and Isobionics® Natural (-)-alpha-Bisabolol 99 are the latest additions to our Isobionics’ portfolio being proof points of our commitment to developing natural flavors driven by customer needs. “We are delighted to introduce the two […]
Kerry opens manufacturing facility in Tanzania to meet the needs of Africa’s food & beverage manufacture
Kerry, a world leading provider of taste and nutrition solutions, has officially opened a new manufacturing facility in Dar es Salaam, Tanzania to support local food and beverage manufacturers. The facility expands Kerry’s capacity in East Africa and is its first manufacturing facility in Tanzania. Kerry’s Global CEO Edmond Scanlon showed his commitment to Africa […]
LT Foods Q2 net profit rises 64.8% to Rs 157.26 cr on domestic expansion
LT Foods Ltd reported a 64.86 per cent rise in consolidated net profit to Rs 157.26 crore for the second quarter ended September 30, helped by expansion in domestic and foreign markets. It had reported a net profit of Rs 95.39 crore for the July-September quarter a year ago, according to a regulatory filing by […]
Nestlé launches tasty and nutritious alternatives to white fish
As people are increasingly looking for fish alternatives, Nestlé has announced the launch of exciting new innovations – a range of plant-based alternatives to white fish. The products which include alternatives to breaded fish fillets, nuggets, and fingers, stand out for their strong nutrition credentials, as well their great taste and texture that is close […]