Molecular farming egg protein to enter baking market
PoLoPo signed a Memorandum of Understanding with CSM Ingredients to join efforts in bringing PoLoPo’s egg-free egg protein grown in
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How do we build a better baking future?
Clean-label, functional ingredients go a long way toward the sustainability concerns – of the baker, the material supplier and the consumer. Just before Christmas last year, a London baker called Maisie Collins opened up an industrial-sized oven for her local community to use free of charge.
57,000 trade visitors attend iba 2023
Trade visitors welcome iba’s comeback. This October, 1,073 exhibitors from 46 countries showcased their latest developments in 10 halls, for 57,000 visitors from 150 countries attending the show. The fair in Munich saw full aisles for an anticipated industry reunion. By comparison, more than 77,000 trade visitors from around 170 countries came to iba in 2018. In total, over 1,300 companies exhibited 5 years ago.
dsm-firmenich reports H1 2023 results
DSM and Firmenich shared the first joint financial results since their merger, which was completed on May 8. Taste, Texture & Health is among the categories that performed well. The company estimates an FY 2023 on a pro forma basis Adjusted EBITDA of between EUR 1,800-1,900 million (versus EUR 2,275 million in FY 2022).
DSM highlights new solutions at FiE 2022
Royal DSM will introduce its latest developments at this year’s Food ingredients Europe (FiE), held December 6-8, 2022, in Paris.
DSM and Firmenich to merge
DSM and Firmenich announced they agreed to merge. The partnership, to be called DSM-Firmenich, will work on innovation in nutrition, well-being and beauty.
DSM launches new Food & Beverage business group
Royal DSM revealed its new integrated Food & Beverage unit, bringing together three areas of DSM’s nutrition business – Food Specialties, Hydrocolloids and part of its Nutritional Products group. The move follows emerging customer and market needs, DSM announced.
DSM acquires Vestkorn Milling
Royal DSM signed an agreement to acquire Norwegian company Vestkorn Milling, one of Europe’s leading producers of pea- and bean-derived ingredients for plant-based protein products, for an enterprise value of EUR65m.
