The acquisition of the US-based texturisers provider complements and will help further develop Ingredion’s starch technology for new texture solutions. Tic Gums enables food innovation by combining several types of texturisers into systems that work synergistically in foods and beverages. The company has access to a variety of agriculturally derived…

The Memorandum of Understanding (MoU) signed between Festo Didactic SE and Technical University of Munich Asia (TUM Asia) will jointly explore and develop education activities for students and employees interested in upskilling themselves in the areas of Automation Technology and Industrie 4.0 (Industry 4.0) in Singapore. Following the announcement of…

The Smithfield Group, managing shareholder of Innovia Group has announced they have agreed to an offer from CCL Industries Incorporated to acquire Innovia Group for CAN$1.13 billion (US$846 million). Innovia is a provider of specialty BOPP films and polymer banknote substrate. CCL has a complementary presence in the markets in…

The demand for functional drinks will continue increasing with the improvement of resident health awareness, which opens up various opportunities for functional drink manufacturers, reports Research and Markets. ‘Functional drinks’ are classified into nutrimental beverages, sport drinks and drinks for other special uses after adjusting the composition and content of…

These include the addition of Dr Gerry Murphy, and the retirement of Liz Airey from the Board. Tate & Lyle PLC has announced the appointment of Dr Gerry Murphy as a non-executive director and chairman-designate of the Company. He will join the Board on 1 January 2017 and will succeed…

As many as 73 percent of consumers are happy to pay a higher retail price for a food or drink product made with ingredients they recognise and trust, according to new research. In a survey of 1,300 consumers across Europe, North America and Asia-Pacific, commissioned by PR agency Ingredient Communications,…

With increasing urbanisation and increasing awareness of consumers of the importance of health, the global sports drinks market is surging, and the developing economies are expected to offer growth opportunities, reports Research and Markets. The global sports drinks market is surging, due to increasing urbanisation and growing number of fitness…

A number of personnel changes within BASF will be seen come 2017. On April 1, 2017, Hartwig Michels, presently president of Regional Division Europe, Ludwigshafen, will take over as President, Petrochemicals, Ludwigshafen. He succeeds Dr Rainer Diercks, who will retire effective March 31, 2017. In turn, succeeding Mr Michels will…

Based on the 2010-2015 rates of the 19 countries being monitored in Asia Pacific for prevalence of undernourishment rates (PoU), the United Nations (UN) Food and Agriculture Organisation (FAO) predicts only two of the 19 countries will be able to achieve the UN’s second sustainable development goal (SDG) of achieving…