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Industry News

  • Former Coca-Cola Exec Joins Beyond Meat to Aid Growth

    Plant-based protein products maker Beyond Meat named former Coca-Cola executive Charles “Chuck” J. Muth as the firm’s chief growth officer to spearhead distribution and growth of the firm’s products to retail and food service customers, the El Segundo, CA company announced...

  • Bühler to Open $49M Innovation Campus in Switzerland

    Equipment maker Bühler Group plans to build an innovation campus in Uzwil, Switzerland to increase the firm’s innovation and technology capabilities. “The disruptive changes in the business and technology represented by digitization, the challenges of sustainability, and the need...

  • ExxonMobil Acquires Large Aromatics Plant in Singapore

    Houston, TX-based ExxonMobil Chemical Company finalized an agreement to acquire what it said was one of the world’s largest aromatics production plants in the world from Jurong Aromatics Corporation Pte Ltd, the company announced Wednesday. The plant, located on Jurong Island in Singapore,...

  • Dow Chemical to Invest Over $12B in U.S. Operations

    Dow Chemical announced a range of investments Thursday totaling more than $12 billion to strengthen the company’s manufacturing, packaging, and innovation operations within the United States. “Manufacturing plays a vital role in driving economic growth and prosperity across virtually...

  • Group of U.S. Candy Firms Vow to Cut Calories in Products

    Several prominent confectionery and chocolate makers made a public pledge Thursday to reduce the sugar contents of some of the firms’ products sold in the United States by 2022 amid changing consumer preferences toward healthier options and growing concerns over the sugar and caloric contents...

  • Nestle Invests $40M in New Production Line at Coffee Plant

    Global food and beverage firm Nestle plans to invest €37 million, or about $40.1 million USD, in a new production line at its Girona, Spain Nescafe coffee factory to expand production capacity for instant coffee, the Swiss multinational announced via press release Wednesday. The project is...

  • German Gypsum Firm to Open on $43.4M Plant in Philippines

    German building materials producer Knauf Gips KG and the German Investment and Development Corporation broke ground on a manufacturing plant in the Philippines, several local news organizations reported. “This state-of-the-art manufacturing plant marks our confidence and optimism in one of...

  • Dutch Firm to Build $30M Feed Additives Plant in Indiana

    Feed additives producer Micronutrients plans to construct a new, $30 million manufacturing plant and warehouse in Henry County in Indiana to expand its output of hydroxy trace minerals, the Indiana Economic Development Corporation (IEDC) announced via press release Wednesday. Micronutrients will...

  • UK Sweetener Firm Invests $970K in New Production Line

    The UK’s biggest producer of sweetener tablets, The Sweetener Company, is investing £750,000, or about $940,000 USD, in a new PET jar production line, in response to rising demand for the firm’s granulated and tablet sweetener products, a press release on the Derby City Council...

  • PepsiCo Seeks New Protein Sources for Snacks and Drinks

    Global food and beverage company PepsiCo is seeking new protein sources made from plants, mycoproteins, or insects and processing methods using the ingredients for use in its snacks and beverage products, according to a request recently posted to PepsiCo’s NineSights external innovation...