The acquisition strengthens ADM’s flavour capabilities and reach, expanding ADM’s footprint in the high growth African market
Global nutrition leader, ADM, announced that it has completed its acquisition of Comhan, a leading South African flavour distributor. ADM has worked together with the local business for a number of years, with the formal acquisition now giving new and current customers more direct access to ADM’s extensive portfolio and network of experts.
“This acquisition marks a very exciting moment for ADM, as we continue to develop our Nutrition business in key growth markets including Africa. I am confident that this acquisition will open up opportunities for our customers in the region and build on the capabilities of our existing offices in Nigeria and Kenya.” said Calvin McEvoy, President Global Beverages ADM.
“At ADM we believe it is critical to invest in flavour creation assets globally to extend production and supply chains, making it easier to get unique and consumer-preferred flavours to local customers. The acquisition of Comhan means we can bring together our 80 years’ experience in the flavour industry and Comhan’s unique market insight to generate innovative products which cater to local tastes and interests. Comhan’s business is currently focused on beverages but through this new partnership we plan to grow the distribution capabilities to include food and savoury products.” added McEvoy.
Welcoming Comhan into ADM’s portfolio comes together with other recent investments in alternative flavour production, including the company’s recent state-of-the-art facilities in Pinghu, China and Berlin, Germany.
The acquisition strengthens ADM’s flavour capabilities and reach, expanding ADM’s footprint in the high growth African market
Global nutrition leader, ADM, announced that it has completed its acquisition of Comhan, a leading South African flavour distributor. ADM has worked together with the local business for a number of years, with the formal acquisition now giving new and current customers more direct access to ADM’s extensive portfolio and network of experts.
“This acquisition marks a very exciting moment for ADM, as we continue to develop our Nutrition business in key growth markets including Africa. I am confident that this acquisition will open up opportunities for our customers in the region and build on the capabilities of our existing offices in Nigeria and Kenya.” said Calvin McEvoy, President Global Beverages ADM.
“At ADM we believe it is critical to invest in flavour creation assets globally to extend production and supply chains, making it easier to get unique and consumer-preferred flavours to local customers. The acquisition of Comhan means we can bring together our 80 years’ experience in the flavour industry and Comhan’s unique market insight to generate innovative products which cater to local tastes and interests. Comhan’s business is currently focused on beverages but through this new partnership we plan to grow the distribution capabilities to include food and savoury products.” added McEvoy.
Welcoming Comhan into ADM’s portfolio comes together with other recent investments in alternative flavour production, including the company’s recent state-of-the-art facilities in Pinghu, China and Berlin, Germany.
The acquisition strengthens ADM’s flavour capabilities and reach, expanding ADM’s footprint in the high growth African market
Global nutrition leader, ADM, announced that it has completed its acquisition of Comhan, a leading South African flavour distributor. ADM has worked together with the local business for a number of years, with the formal acquisition now giving new and current customers more direct access to ADM’s extensive portfolio and network of experts.
“This acquisition marks a very exciting moment for ADM, as we continue to develop our Nutrition business in key growth markets including Africa. I am confident that this acquisition will open up opportunities for our customers in the region and build on the capabilities of our existing offices in Nigeria and Kenya.” said Calvin McEvoy, President Global Beverages ADM.
“At ADM we believe it is critical to invest in flavour creation assets globally to extend production and supply chains, making it easier to get unique and consumer-preferred flavours to local customers. The acquisition of Comhan means we can bring together our 80 years’ experience in the flavour industry and Comhan’s unique market insight to generate innovative products which cater to local tastes and interests. Comhan’s business is currently focused on beverages but through this new partnership we plan to grow the distribution capabilities to include food and savoury products.” added McEvoy.
Welcoming Comhan into ADM’s portfolio comes together with other recent investments in alternative flavour production, including the company’s recent state-of-the-art facilities in Pinghu, China and Berlin, Germany.
This year, VOG Products, an innovative fruit processing company from Trentino-South Tyrol (Italy), produced a base for apple vinegar (cider) for the first time. After all, a current development in the market shows that the trend is moving from balsamic vinegar towards apple vinegar. For apple vinegar, the company has special tanks for fermentation. Concentrate and juice from high-quality raw goods are used as base for the cider that is further processed by the vinegar industry.
Another new addition to the VOG Products assortment: apple flour and dried apples in the form of rings or cubes – as our customers wish – from various apple varieties. With these products, VOG Products primarily targets the baked goods and sweets industries, as well as granola producers and suppliers of fruit preparations.
The continuous availability of premium raw goods, traceability and the highest quality and safety standards are important components of VOG Products’ recipe for success. At the same time, the fruit processing company established in 1967 values innovation and further development highly. VOG Products now belongs to 4 producers’ organisations from South Tyrol and Trentino plus 18 cooperatives from South Tyrol with a total of around 10,000 members.
SIG opens next round of SIGCUBATOR applications
With start-up companies already benefitting from SIG’s SIGCUBATOR accelerator program, SIG is once again offering new food and beverage innovators an amazing no-strings opportunity to get their exciting new product idea to market. Interested start-ups can apply now at no cost via www.sigcubator.com until 28 February 2022.
This is the fourth time SIG has opened-up its SIGCUBATOR accelerator program to forward-thinking food and drink start-ups and small businesses, eager to partner with SIG at no cost or obligation, to help launch their products. It is these small entrepreneurial start-ups who are increasingly driving industry innovation and value creation. However, many don’t have the volume to produce big batches with co-packers or the expertise and financial ability to invest in their own production plant. This is where SIG can offer an incredible opportunity.
SIGCUBATOR takes innovative start-up ideas on a ‘consumer-centric’ journey, from testing prototypes in SIG’s test centre in Germany, through to a successful launch to market. SIG is there to help at every step, giving expert advice, consumer-focused insights, and access to its extensive global network within the food and beverage industry.
SIG partnering with start-ups and co-manufacturers brings opportunities to all three parties: SIG’s expertise, filling capabilities, and industry network help talented start-ups launch innovative concepts, which can then be commercially filled at one of SIG’s co-packing partners. This creates space for further innovation to assure a speedy launch to market. For co-packers, such partnerships help them enter and experience new and attractive beverage categories and grow these innovative segments in the future. For SIG, working together with forward-thinking food and beverage start-ups is key to driving innovation and value creation.
Food and drink start-ups can apply now at www.sigcubator.com. All ideas are welcome – as the famous saying goes “mighty oaks from little acorns grow”. SIG can also be contacted directly at sigcubator@sig.biz after the closing date.
WAPA, the World Apple and Pear Association, released the first apple and pear stock figures of 2022. The figures show that in Europe apple stocks increased by 5.1 % compared to 2021 to reach 4,308,683 T, while pear stocks decreased by 18.2 % to 661,587 T. In the USA, apple stocks as of 1 January 2022 stood at 1,674,042 T (- 2.7 % compared to 2021), while pear stocks reached 190,192 T (24.8 % above 2021).
WAPA, the World Apple and Pear Association, collects every month the stock figures for apples and pears from Europe and the United States. WAPA can reveal that European apple stocks stood at 4,308,683 T as of 1 January 2022, which is 5.1 % above the figure of 2021. This increase was mainly driven by Golden Delicious (up 19.5 % from 2021), Jonagold (+ 15.8 %), and Gala (+ 15.7 %), which compensated for the decrease in several varieties, most notably Granny Smith (- 12.5 %) and Cripps Pink (- 11 %). On the other hand, pear stocks stood at 661,587 on 1 January 2022, 18.2 % below the volume of 2021, mostly because of the large decrease in Italy.
In the USA, apple stocks in January stood at 1,674,042 T, down 2.7 % compared to 2021. This is due to a decrease among the largest varieties, such as Fuji (- 19.6 %), Honeycrisp (- 15.5 %), Red Delicious (- 12.5 %), and Gala (- 8.3 %), and despite significant increases for Cosmic Crisp (+ 147 %) and Pink Lady (+ 17.4 %). Pears stocks in the USA stood at 190,192 T, which is 24.8 % above last year.
(Photo: WAPA)
(Foto: WAPA)
Koia announces Thomas DeLauer, world-renowned ketogenic lifestyle expert, will collaborate with Koia on product development for the keto lifestyle and today, introduces the new limited-edition Koia Keto Raspberry Lava Cake. DeLauer, who has been an avid fan and supporter of Koia’s Keto line, will collaborate with the brand on new plant-based keto innovations and nutrition education.
New limited-edition Koia Keto Raspberry Lava Cake (Photo: Koia)
This plant-forward keto innovation challenges critical believe around the keto lifestyle, showcasing that one can, in fact, reach ketosis healthfully while leading a partial or fully plant-based diet. Koia, being one of the only nutrition shakes on the market to deliver all the 9 essential amino acids needed to replace animal-based protein, provides an ideal solution for those looking to include more plant-based options into their keto regimen. This launch, and investment in the keto space, is a testament to the brand’s continued commitment and mission of making the plant-based lifestyle more accessible for everyone.
When working together on this product, Koia and DeLauer wanted something that tasted indulgent and comforting, so they selected Koia Keto Raspberry Lava Cake as the signature flavour, inspired by DeLauer’s favourite keto-friendly dessert that his wife makes – Chocolate Lava Cake with a raspberry sauce. Raspberries are one of DeLauer’s go-to keto friendly fruits and a key ingredient in his wife’s recipe. The raspberry tartness balances the richness of the chocolate for a delicious flavour that Koia and DeLauer worked closely to capture in this product, with DeLauer tasting many formulations until they landed on the perfect taste.
“Everything we do at Koia is about health, function and taste, so collaborating with Thomas DeLauer is a natural alignment with our brand,” says Chris Hunter, Co-founder and CEO of Koia. “He keeps up with all the latest research in the keto space and really understands ingredients and their functionality. Plus, the fact that the Raspberry Lava Cake is based on his favourite dessert that his wife makes at home, gives the product extra heart.”
Raspberry Lava Cake delivers ideal macro ratios with two high-performing, functional ingredients: macadamia nut milk and pumpkin seed protein. Macadamia nut milk is known to provide a significant amount of palmitoleic acid and is an ideal fat-to-protein ratio (2:1) for enhanced keto support. Pumpkin seed protein is a healthy clean protein source high in zinc, which can support the keto process and recovery. Raspberry Lava Cake contains 3 g net carbs, 8 g C8 MCT oil, 10 g protein, and 0 g added sugar per bottle, the ideal nutrition profile to accelerate ketosis.
Koia’s 100 % plant-based Keto shake line also includes other dessert-inspired flavours like Chocolate Brownie, Caramel Crème, Cookies ‘N Cream and Cake Batter. Consumers can purchase Koia Keto Raspberry Lava Cake, priced at USD 3.99 per bottle, for a limited time at drinkkoia.com.
Firmenich, one of the world’s largest privately-owned fragrance and taste companies, and Finlays, a leading supplier of tea, coffee and botanical solutions, have entered an agreement giving Firmenich full sales rights to Finlays’ European tea and coffee extracts portfolio in Europe, effective immediately.
As a part of this new agreement, Firmenich will focus on commercializing two core parts of Finlays’ extracts business in Europe: its world-leading Cold Brew Coffee portfolio and its Tea Extract portfolio. The Cold Brew Coffee portfolio serves a rapidly growing segment within the European region, and is crafted using a proprietary process which delivers a distinctly smooth, rich flavor experience. Finlays’ Tea Extract portfolio includes The Wellbeing Collection, a range of premium, all-natural tea extracts which are rich in bioactive compounds associated with various health benefits. These extracts are sustainably sourced from Finlays’ own tea farms, with on-site extraction facilities that enable tea leaves to be harvested and extracted on the same day, thereby preserving their fresh flavor and natural bioactive composition.
Under the new agreement, Firmenich is responsible for the full sales process, from commercial relationship to brief management, supported by the Finlays team. The partnership focuses exclusively on Finlays’ ranges of tea and coffee extracts, and covers European markets only.
SIG has entered into an agreement to acquire 100 % of Scholle IPN, a privately held company, for an enterprise value of EUR 1.361 billion and an equity value of EUR 1.05 billion. The transaction will be funded through 33.75 million SIG shares issued from existing authorised capital and EUR 370 million cash; the existing debt of Scholle IPN will be refinanced at closing. The transaction is expected to close before the end of the third quarter of 2022 subject to customary closing conditions.
This acquisition diversifies SIG’s exposure to growing and resilient end-markets. SIG’s portfolio of market-leading sustainable food and beverage carton solutions will be expanded into bag-in-box and spouted pouches for retail, institutional and industrial customers. SIG and Scholle IPN have many similarities and are highly complementary businesses in terms of systems and product offering. The combination will unlock significant growth opportunities and value.
Founded in 1945, Scholle IPN is a leading innovator in sustainable packaging with a systems offering. It is the inventor of and global leader in bag-in-box (2 l –1,500 l capacity) and the number two in spouted pouches (50 ml – 500 ml capacity). The acquisition will therefore expand SIG’s portfolio into both larger and smaller formats. Scholle IPN is headquartered in the USA and has approximately 2,100 employees globally. Revenue in the twelve months to 31 December 2021 was EUR 474 million with adjusted EBITDA of EUR 90 million (adjusted EBITDA margin c.19 %)2. The USA accounts for around 55 % of revenue and the acquisition will significantly increase SIG’s presence in this large and attractive market. It will also enable the expansion of the Scholle IPN portfolio into the emerging markets of Asia Pacific, Latin America and Middle East Africa, where SIG has a well-established presence.
With this acquisition, SIG will be able to offer the most sustainable packaging solutions across a wide range of categories and product sizes. Growth in bag-in-box is being driven by the shift from rigid to flexible packaging which significantly reduces the amount of material needed to package the product. Scholle IPN has a longstanding focus on sustainability and on the light-weighting of both packaging and fitments. It is a pioneer in the development of mono-materials which are designed for recycling. Joining together the R&D capabilities of the two companies will deliver more value to customers by advancing the development of material and aseptic technology to reduce carbon emissions and food waste.
Around 70 % of Scholle IPN revenues are in food and beverages which will underpin the resilience already demonstrated by SIG’s business. The acquisition will enable SIG to build on its core strength in aseptic technology and to expand its use in both pouches and bag-in-box. It will also drive SIG’s expansion into new categories such as wine and water. Like SIG, Scholle IPN has developed long-standing customer relationships and the acquisition brings multiple cross-selling opportunities, as well as potential for an enhanced service offering for the combined customer base. In addition, run-rate cost synergies of EUR 17 million will be generated in areas such as procurement and manufacturing efficiencies.
1At current USD/EUR exchange rate 2Unaudited. At 2021 average USD/EUR exchange rate
Mexico orange production continues to recover from 2019/20 drought
Mexico orange production is forecast at 4.3 million tons, up 3 percent from the previous year due to a return to normal weather conditions in Veracruz. The 2019/20 drought affected orange production more than other citrus, as many orange trees are old and require more energy to produce fruit. Mexico produces three main orange varieties: Valencia, which is favorable for juice production; Lane Late, which is mainly consumed fresh; and Navelina, which is consumed fresh and is also used for juice production. Oranges are harvested mainly from November to May.
The processing of the oranges from the 2021/22 season has been high in the major processors in São Paulo State. Although activities usually slow down in January, the orange harvesting is late in the current season – because of the higher share of fruits from the second, third and fourth flowerings.
In January, seven plants of the large-sized processors in SP were in operation, receiving majorly late varieties and early pear oranges. However, activities slowed down last month compared to that in December, due to the end of processing at the plant located in Uchôa. In February, the plant in Conchal is supposed to end activities for the season too – then, there will be only two plants of each one of the large-sized processors in operation.
Despite the fast processing pace, the quality of the oranges is below the expected. Industrial yield (number of orange boxes necessary to produce a ton of concentrated juice), which had been favoured by the lack of rains along the season, is now being reduced by excessive and frequent precipitation – higher moisture favours fruits growth, but raises the volume of water within the oranges, which is not desired by processors.
PRICES – Two large-sized processors purchased oranges in the Brazilian spot market in January, paying from BRL 28 to BRL 30.00 per 40.8-kilo box, harvested and delivered to processor. At smaller-sized processors, prices hit BRL 32/box. Some plants were also processing tahiti lime, paying from BRL 18 to BRL 21.00 per 27-kilo box.
Tetra Pak, in partnership with Elvir, a subsidiary of Savencia Fromage & Dairy – a world leading milk processor – has become the first carton packaging player in the food and beverage industry to launch a cap using certified recycled polymers.
This move marks a key step in both companies’ progress towards circularity. By helping to find an economically sound use for plastic waste and responsibly sourcing raw materials, Tetra Pak and Elvir continue to minimise their dependency on virgin, fossil-based resources.
Elle & Vire chose the HeliCap™ 23 cap solution to complement its cream products, which are distributed in Tetra Brik® Aseptic 1 l Slim carton packages. This one-step resealable screwcap is manufactured at Tetra Pak’s Châteaubriant plant in Loire-Atlantique, France – a site that has been awarded the Roundtable on Sustainable Biomaterials (RSB) Advanced Products certification and boosted by a EUR 100 million investment to accelerate the transition to the production of tethered caps. The HeliCap™ 23 cap offers consumers ease of opening and features a clearly visible tamper evidence ring, providing reassurance that the product hasn’t been opened before.
The new caps using attributed recycled polymers are manufactured under the RSB chain of custody attribution method. This means that the plastics are made of a mix of recycled and non-recycled materials, with the corresponding mass of recycled materials tracked throughout the Tetra Pak supply chain. This is verified by a third-party auditor according to the RSB Chain of Custody Procedure, which forms part of the RSB Advanced Products certification.
A new study published by the Centers for Disease Control and Prevention (CDC) found that on average only 12 percent of U.S. adults meet fruit intake and only 10 percent meet vegetable intake recommendations as outlined in the 2020-2025 Dietary Guidelines for Americans (DGA). Low intakes may put Americans at increased risk for chronic diseases such as cardiovascular disease and diabetes.
When looking at this data on the state level,1 the average percentage of adults meeting fruit intake recommendations ranged from 8.4 percent to 16.1 percent, and for vegetables ranged from 5.6 percent to 16.0 percent. The DGAs recommend 1.5 to 2 cup-equivalents of fruit daily for most adults. Although data differed by state, those with Hispanic ethnicity and women were more likely overall to meet fruit intake recommendations.
Low fruit and 100 % fruit juice intake may lead to lower intakes of key nutrients including vitamin C, potassium, and folate, as well as phytonutrients (naturally occurring plant compounds). These nutrients are essential in supporting immune system health and are associated with reduced risk for some chronic conditions. Intake of vitamin C declined 23 percent between 1999 and 2018, driven by decreases in consumption of 100 % fruit juice.2 While whole fruit is recommended, adding just one 8-ounce glass of 100 % orange juice to the daily diet can help fill nutrient and fruit intake gaps while overcoming many of the barriers to fruit intake, including availability, cost, and access. Orange juice and other 100 % fruit juices are readily available year-round and are a cost-effective and convenient way for Americans to move the needle closer to meeting fruit intake recommendations.3
The current analysis by the CDC included data from 294,566 adults aged 18 and older collected as part of the 2019 Behavioral Risk Factor Surveillance system (BRFSS). Data were reported for 49 states and the District of Columbia. Respondents reported their intake per day, week, or month of vegetables and fruit, including 100 % fruit juice, over the previous 30 days.
1Lee et al. MMWR Morb Mortal Wkly Rep. 2022;71(1):1-9 2Brauchla et al. Nutrients. 2021;13(2):420 3Brauchla et al. Public Health Nutrition. 2021; Feb 8;1-7
Capsoil Foodtech’s innovative platform converts bioactive oils into water-soluble powders
Product developers can now create new categories of functional foods and beverages thanks to Prodalim Resources, Ltd.’s new Capsoil Foodtech. The company advanced the capacity for mixing oil and water by developing ultra-fine, water-soluble powders out of natural oils. This breakthrough presents new possibilities for integrating beneficial nutritional oils, fat-soluble vitamins, and lipid-based nutrients into a broadened range of functional foods and beverages, as well as in new supplement formats.
The market for functional foods and beverages has grown exponentially as health and wellness have taken central stage, especially in the wake of the pandemic era. Concurrently, growing “pill fatigue” has consumers seeking their daily nutrient boosts more naturally through foods and beverages. However, beneficial oils such as omega fatty acids, MCT’s (medium-chain triglycerides) and fat-soluble vitamins A, D, E and K, have traditionally been confined to a narrow scope of food and supplement applications due to their lipophilic nature. Such nutrients also suffered from stability issues.
“Oil and water cannot mingle according to the laws of nature,” explains Itay Shafat, PhD, Scientific Director for Capsoil. “In Capsoil, we found a way of overcoming this barrier and created an advanced method for incorporating oil-based nutrients into water-based products. This opens the doors to products such as juices enriched with MCTs or ice pops fortified with omega fatty acids. Even hot drinks can get a ‘better-for-you’ upgrade by infusing them with beneficial oils, such as vitamins A, D, E, and K, or hemp oils. The possibilities are endless.”
Capsoil’s proprietary technology takes any oil compound and converts it to a self-emulsifying powder. Unlike conventional powders, this novel process results in a dry, free-flowing powder that dissolves easily in either hot or cold liquids.
Capsoil’s advanced production technology does not apply any form of extraction, solvent, or heat process, nor does it alter the nutrient profile of the oil. Capsoil powders contain from 30 % to 60 % of the oil and its bioactive compounds, and the emulsion’s nanostructured particles possess a large surface area, enhancing bioaccessibility and absorption of the encapsulated oil, leading to improved bioavailability. This can also translates into lower dose requirements.
“We are working with food and beverage companies to help them tailor new food and beverage applications, or find new novel delivery methods, for desired food oils or key fat-soluble nutrients,” adds Shafat.
Capsoil’s tech also targets the dietary supplement space, giving the formulators new capabilities for incorporating lipid-based ingredients such as omega 3 into dry pill, capsule, or sachet formats rather than as an oil or softgel.
“Many consumers find it difficult to ingest omega fatty acids in oil form, or they dislike the texture of soft gels,” states Nir Ilani, CEO of Capsoil. “Consuming high amounts of MCT’s, a key component of the keto diet, is also burdensome for many consumers. Our tech allows for oil-based ingredients to be enjoyed in low, manageable doses and easy-to-digest formats.”
“We trialed a broad spectrum of Capsoil powdered oils in various water-based applications, assessing such key parameters as bioavailability and stability of the actives with very encouraging results,” adds Shafat. “Further clinical trials are in the pipeline that will allow our innovative powdered formats to open the doors to new advances in functional product diversity.”
Capsoil FoodTech was established by Prodalim Group, one of the world’s leading producers of natural fruit extracts and concentrates (NFCs), as well as other natural ingredients for the F&B industry. Nir Ilani, who previously worked for Unilever, Frutarom, and IFF, along with Itay Shafat, PhD—a seasoned veteran of the dietary supplement market—were recruited to lead the new venture. The company’s R&D center is based in Israel, with production facilities in the US.
Refresco, a global independent beverage solutions provider for A-brands and retailers in Europe and North America, announced it has completed the acquisition of HANSA-HEEMANN, following the receipt of regulatory approval from competition authorities.
Refresco announced that it had entered into an agreement with HANSA-HEEMANN, a family-owned independent beverage manufacturer, to acquire its five production sites in Germany. Now that the acquisition has been completed, Refresco has nine bottling facilities strategically located in Germany, resulting in national coverage to serve customers’ demands. With this acquisition, Refresco also further enhances its position in terms of product and brand portfolio.
Hans Roelofs, CEO Refresco Group: “I am very pleased to add HANSA-HEEMANN to the Refresco Group, as it further diversifies and strengthens our business in Germany, which will benefit our customers. Through this acquisition, we significantly expand our offering in mineral water and soft drinks, and we are going to accelerate our operational excellence through HANSA-HEEMANN’s know-how in the water category. In addition, we will be able to improve transport efficiencies and leverage our global scale to further drive change in improving the sustainable use of resources.”
In the first three quarters of the 2021/22 financial year (the nine months ended 30 November 2021), AGRANA, the fruit, starch and sugar company, generated an operating profit (EBIT) of EUR 76.0 million (Q1-Q3 prior year: EUR 84.3 million). Revenue was EUR 2,169.6 million (Q1-Q3 prior year: EUR 1,965.3 million).
Markus Mühleisen (Photo: AGRANA)
AGRANA Chief Executive Officer Markus Mühleisen says: “Since the beginning of the financial year we have been forecasting that, after a weaker first six months of 2021/22, earnings in the second half of the year would be better than one year earlier. This outlook was confirmed in the third quarter with quarterly EBIT of EUR 31.2 million (Q3 prior year: EUR 28.5 million). Following this positive trend in Q3, we also expect a very significant year-on-year improvement in EBIT in the fourth quarter. We therefore remain optimistic that, for the full financial year, we will exceed the prior year’s EBIT significantly, i.e., by at least 10 %. Getting there has, however, become much more difficult in the past few months amid a very strong rise in raw material and energy prices.”
Results in each business segment
Fruit segment
Fruit segment revenue in the first three quarters grew to EUR 939.1 million, a moderate increase of 5.3 %. The fruit preparations business saw revenue growth stemming mostly from higher sales prices. Revenue in the fruit juice concentrate activities declined slightly for volume reasons. Segment EBIT in the first nine months was EUR 36.2 million, off 12.3 % from one year earlier. The principal reason for the deterioration lay in weaker sales of fruit juice concentrates from the 2020 crop, which were marked by reduced delivery volumes in combination with lower contribution margins of apple juice concentrates in the first half of 2021/22.
Starch segment
Revenue in the Starch segment in the first three quarters of 2021/22 was EUR 737.8 million, or a significant 18.8 % more than a year ago. Higher volumes of core products and by-products were demanded than in the same period of the prior year. In the ethanol business, Platts quotations reached historic highs in the third quarter and averaged 24 % stronger in the first three quarters of 2021/22 than in the prior-year comparable period. Segment EBIT in the first nine months, at EUR 53.5 million, eased by 8.5 % from the year-earlier level. The main reason was a significant year-on-year increase in prices for raw materials (wheat and corn/maize) and energy, which could not yet be fully offset by adjusting product prices.
Sugar segment
The Sugar segment’s revenue in the first three quarters of 2021/22 grew to EUR 492.7 million, up 8.8 % from one year earlier. In addition to renewed high sales volumes with resellers, there was also a recovery in the industrial customer segment, where more sugar was sold than in the same period last year. While the EBIT result in the first three quarters of 2021/22 was better than in the year-ago period, it remained negative at the nine-month mark, at a deficit of EUR 13.7 million. This still reflected the fact that AGRANA’s own sugar production had been below average after the pest-related small 2020 harvest, with a resulting lower margin from the necessary compensatory reselling and refining of sugar.
Outlook
For the full 2021/22 financial year, AGRANA continues to expect significant growth in Group EBIT, in other words, an EBIT increase of at least 10 %. Group revenue is projected to show moderate growth. It should be noted, however, that due to the extreme volatility in commodity and energy prices and a once again more acute COVID-19 situation – the fourth wave in combination with the advent of the new Omicron variant – the forecast for the full year is subject to a very high degree of uncertainty.
In the 2021/22 financial year, the AGRANA Group is investing EUR 92 million, an amount significantly less than the budgeted depreciation of about EUR 120 million.
Plastipak, a global leader in the design, manufacture and recycling of plastic containers has completed a major investment to significantly expand its PET recycling capacity at its manufacturing site in Bascharage, Luxembourg.
The original PET recycling facility in Luxembourg opened in 2008 and this new expansion increases annual production capacity by 136 %. The installation and commissioning of the expansion took 12 months and has officially opened.
The recycling facility is co-located with Plastipak’s flagship preform and container manufacturing facility and converts washed rPET flakes originating from post-consumer bottles into food-grade recycled PET (rPET) pellets.
The rPET produced at the site is converted into new preforms and containers produced at the Bascharage facility, which principally serves the German and Benelux food and beverage markets. The expansion complements Plastipak’s existing recycling facilities in France, UK and USA, and follows the recent announcement of a new recycling facility at its plant in Toledo, Spain.
“This latest investment to increase our capacity in rPET production actively demonstrates Plastipak’s long-term commitment to bottle-to-bottle recycling and our leadership in the PET circular economy” explained Pedro Martins, Executive Managing Director of Plastipak’s European division. “Plastipak is the leading producer of food-grade rPET in Europe, with the majority of the post-consumer recycled material we use in Europe produced in-house”.
“Plastipak began producing post-consumer recycled resins for packaging customers in 1989, and has had many expansions in North America and Europe since then. We are excited to continue supporting our global packaging customers in achieving their sustainability goals” said Dave Stajninger, Plastipak’s Global recycling Business Manager.
Plastipak is a major convertor of recycled PET, which represents 27 % of the total resin consumed in Plastipak’s European sites in 2020. At the site of this latest rPET expansion, Bascharage, the proportion of recycled resin consumed in 2020 was 45.3 %.
Oterra, one of the world’s leading suppliers of natural colours, with one of the widest portfolios in the industry, announced the launch of the industry’s best natural alternative to Red40/Allura Red for beverage – Hansen Sweet Potato FruitMax® Red 116 WS.
In 2019, Oterra, at that time known as Chr. Hansen Natural Colors, launched its Hansen Sweet Potato™ range. The result of nearly a decade of ground-breaking research and development, the range quickly became an award-winning industry favourite, scooping up prizes in three continents: Europe, North America, and South America. The new vegetable variety was an instant hit for its stable, vibrant, and natural red alternative.
Driven by innovation and the desire to provide exceptional solutions for the industry, Oterra’s scientists went back to work after launching the original range to develop the next must-have solution for the beverage market. The result, FruitMax® Red 116 WS, is designed specifically for beverage manufacturers. It addresses the high complexity this industry faces when using anthocyanins, including fortification, high water-activity, carbonisation, off-flavour, and colour stability.
FruitMax® Red 116 WS provides manufacturers with a unique clean label, minimally processed, and GMO-free fire-engine red shade for beverage, making it the industry’s best natural alternative to RED40 or Allura Red.
FruitMax® Red 116 WS is recommended for alcoholic beverages, carbonated soft drinks, cordials, energy drinks, juice-based drinks and near waters.
All Oranges 44.5 million boxes
The 2021-2022 Florida all orange forecast released by the USDA Agricultural Statistics Board is 44.5 million boxes, down 1.50 million boxes from the December forecast. If realized, this will be 16 percent less than last season’s final production. The forecast consists of 17.5 million boxes of non-Valencia oranges (early, mid-season, and Navel varieties) and 27.0 million boxes of Valencia oranges. A 9-year regression has been used for comparison purposes. All references to “average”, “minimum”, and “maximum” refer to the previous 10 seasons, excluding the 2017-2018 season, which was affected by Hurricane Irma. Average fruit per tree includes both regular and first late bloom. …
Please download the full citrus crop production forecast: www.nass.usda.gov
Following its announcement on 12 August 2021, Coca-Cola HBC AG (“Coca-Cola HBC”) announced the completion of the acquisition by its wholly-owned subsidiary, Coca-Cola HBC Holdings BV (“CCH Holdings”), of approximately 52.7 % of Coca-Cola Bottling Company of Egypt S.A.E. (“CCBCE”) from MAC Beverages Limited (“MBL”) and certain of its affiliated parties for cash consideration of US$304 million, subject to certain balance sheet adjustments. An additional earnout amount may be payable based on CCBCE’s financial performance in 2021. Mr. Abdul Galil Besher, the current executive chairman of CCBCE, will remain as non-executive chairman of CCBCE. The transaction with MBL also involves the potential acquisition by CCH Holdings, at the same price per share to be paid to MBL, of another approximately 2.8 % stake from certain other minority shareholders pursuant to agreements to be entered into in due course.
In addition, a convertible loan issued to a wholly-owned affiliate of The Coca-Cola Company (the “TCCC Seller”) by CCBCE, convertible into new CCBCE shares, has been transferred to CCH Holdings for a cash consideration of approximately US$22 million (which is equal to its outstanding principal amount and unpaid interest).
Completion of the acquisition by CCH Holdings of approximately 42 % of CCBCE from the TCCC Seller, also announced on 12 August 2021, is expected to occur later this month, bringing CCH Holdings’ total ownership in CCBCE to 94.7 %.
The acquisition gives Coca-Cola HBC access to the second-largest non-alcoholic ready-to-drink (“NARTD”) market in Africa by volume, building on existing scale in Africa and increasing Coca-Cola HBC’s exposure to high growth geographies. There is a significant opportunity to leverage Coca-Cola HBC’s proven route-to-market capabilities and 70 years of experience operating in emerging markets to increase penetration of The Coca-Cola Company’s brand portfolio and drive category leadership.
Tate & Lyle PLC, a leading global provider of food and beverage ingredients and solutions, and Nuestros Pequeños Hermanos Mexico (NPH; Spanish for “Our Little Brothers and Sisters”), a charitable organization that provides a home for thousands of orphaned, abandoned and vulnerable children across Mexico, Central and South America, are embarking on a partnership to expand the sustainable production of fresh fruit and vegetables in greenhouses at the charity’s residences in the state of Morelos, Mexico which house over 650 children.
Through corporate funding, pro-bono expertise, and volunteer services, Tate & Lyle will work alongside NPH staff and its residents to help enable the production of fresh fruits and vegetables to be used in the children’s meals. The partnership will also provide nutrition and agriculture education to support student health and well-being and improve the growing practices used.
A number of online and in-person mentorship courses and talks will be run by female employees from Tate & Lyle’s local office, to strengthen and empower the girls of NPH in their own educational development. Using its extensive knowledge of nutrition, Tate & Lyle will also offer training to NPH staff and volunteers, and the children they serve, in the areas of food safety, improving nutrition and quality processes.
This partnership perfectly aligns with Tate & Lyle’s purpose of Improving Lives for Generations by supporting healthy living, building thriving communities and caring for our planet.
About Nuestros Pequeños Hermanos Nuestros Pequeños Hermanos, transforms the lives of thousands of children and families throughout Latin America and the Caribbean. With the help of people across the world, we provide homes, health services, and educational programs in a safe and loving environment — giving children the best chance for success to become leaders in their own communities. NPH creates life-changing opportunities for disadvantaged, vulnerable, and disabled children and youth living in extreme conditions. Through a comprehensive approach that embraces the whole child, NPH supports children to become independent, caring adults who give back to their communities—shaping better futures for themselves, their families, and their world.
Strategic, asset-light expansion into functional beverages increases Halo’s addressable market and near-term revenue opportunity
Halo Collective Inc. announced that it is strategically expanding into the functional beverage market with a proposed stock-based acquisition of private company operating as H2C Beverages and the entering into of a distribution and manufacturing agreement with Elegance Brands Inc. Pursuant to the terms of the Distribution Agreement, Elegance has agreed to purchase USD30 million of Halo’s H2C and Hushrooms™ branded products during the 24-month period following the launch of the products and to distribute these products to retail outlets in respective legal states across the United States.
Kiran Sidhu, Halo’s Chief Executive Officer, commented, “Nootropic nutraceuticals is a relatively new health category that we believe is poised for robust growth. Our strategic acquisition of H2C Beverages will bolster Halo’s growth opportunities, even as the recreational cannabis industry faces over-supply issues in our California and Oregon markets. Elegance Brands is the perfect partner to manage and distribute H2C and our functional mushroom brand Hushrooms to mainstream consumers.”
Added Raj Beri, Elegance’s CEO and Founder, “Elegance has successfully established a distribution network with a potential reach to tens of thousands of outlets nationwide that uniquely positions for the significant growth expected in the beverages and functional mushroom markets. We believe that Halo’s innovative line of products will be strong sellers alongside our portfolio of brands all built around innovation, and we are excited to offer them to our expanding distribution customers.”
Acquisition of H2C Beverages
Halo has signed a definitive agreement to acquire 1285826 B.C. Ltd., a company focused on cannabinoids and non-psychotropic mushroom functional beverages. The H2C acquisition is expected to provide Halo with a toehold in one of the fastest growing sectors of the cannabidiol market, estimated to account for USD16 billion in U.S. sales by 2025, according to Brightfield Research1, as well as to directly participate in rising consumer consciousness toward the health benefits of consuming small doses of cannabinoids and functional mushroom extracts paired with adaptogens. H2C’s product portfolio includes a line of premium flavoured waters that are nano emulsified to maximize absorption and other plant-based beverages infused with cannabinoids, functional mushroom extracts with fulvic and humic minerals from the Rocky Mountains.
In consideration for all the issued and outstanding shares of H2C, Halo has agreed to issue 7,538,462 common shares in the capital of Halo. Closing of the H2C Acquisition is subject to the satisfaction of customary closing conditions, including, among others, the approval of the Neo Exchange Inc. The Company expects the H2C Acquisition to close in January 2022. Halo has also agreed to issue 603,077 Common Shares to an arm’s length finder in connection with the H2C Acquisition.
Distribution and manufacturing agreement with Elegance Brands
Halo has also expanded its collaborative relationship with Elegance by entering into the Distribution Agreement to propel the national distribution of beverages, capsules, and topical supplements under H2C and Halo’s functional mushroom brand, Hushrooms. This new category of functional supplements, nootropic nutraceuticals, will be marketed under three subcategories: active, relax and focus.
Under the Distribution Agreement, Elegance has agreed to purchase USD30 million of H2C and Hushrooms branded products during the 24-month Launch Period and to distribute these products to retail outlets in respective legal states across the United States. Elegance shall purchase the products at a price of up to 130 % of manufactured costs (including all direct costs, both third party and internal) incurred by the Company. All prices are exclusive of applicable taxes, including without limitation, sales, excise, use and property taxes, which shall be paid by Elegance. The Distribution Agreement is expected to deliver up to USD9 million of profit (before tax) during the 24-month Launch Period.
During the period from the effective date of the Distribution Agreement until the Launch Period, which is expected to last up to six months, Elegance will provide certain consulting services to Halo including with respect to the development of branding, marketing, and manufacturing best practices, product development, and sales strategies through to launch. Pursuant to the Distribution Agreement, Halo has agreed to issue USD2.5 million of Common Shares (the “Elegance Shares”) to Elegance in consideration for the consulting services to be provided by Elegance in connection with the branding, development, manufacturing, and distribution of the H2C and Hushrooms product lines. The Elegance Shares will be issuable in four equal monthly tranches of USD625,000 per tranche. The number of Elegance Shares to be issuable under each tranche will be equal to the quotient of USD625,000 (converted into Canadian dollars using the prevailing Bank of Canada exchange rate), divided by the greater of: (I) the volume weighted average price of the Common Shares on the NEO (or such other exchange on which the Common Shares are principally traded) for the twenty (20) trading days prior to the issuance of such Elegance Shares; and (II) the minimum price permitted by the NEO. The issuance of such Elegance Shares is subject to, among other things, the approval of the NEO.
SIG announced the launch of SIGNATURE EVO, the world’s first aluminium-free full barrier packaging materials for aseptic carton packs. SIGNATURE EVO extends SIG’s lower-carbon aluminium-free packaging materials – already available for plain white milk – for wider use with oxygen-sensitive products such as fruit juices, nectars, flavoured milk or plant-based beverages.
SIGNATURE EVO is the latest evolution in the SIGNATURE portfolio – SIG’s innovative offering of the most sustainable packaging materials available for aseptic carton packs.
SIG led the industry with the first ever aluminium-free solutions for aseptic cartons. By eliminating the need for an aluminium foil barrier layer, combibloc ECOPLUS cut the carbon footprint of SIG’s standard packaging material by 27 % when launched in 2010. SIGNATURE 100 cut this further in 2017, offering a 58 % lower carbon footprint than SIG’s standard packaging material by linking the polymers to 100 % renewable forest-based materials via a certified mass-balance system1.
With more than 1.9 billion packs now sold with these aluminium-free long-life packaging solutions for liquid dairy products, SIG has built on this success to create the first full barrier aluminium-free solutions for aseptic cartons.
SIGNATURE EVO packaging materials are expected to offer a similar carbon footprint reduction to combibloc ECOPLUS, to be confirmed through an independent, critically-reviewed life-cycle assessment. Like all SIG packs, SIGNATURE EVO is fully recyclable in existing recycling streams.
With barrier properties comparable to standard aseptic cartons that include an aluminium foil barrier layer, SIGNATURE EVO packaging materials ensure that even oxygen-sensitive products are protected over long periods of time without the need for refrigeration. This enables customers to bring the environmental benefits to many more food and beverage categories.
SIGNATURE EVO will initially be launched in the combiblocMini portion-sized format before being extended to other formats. It is suitable for both oxygen-insensitive products like plain white UHT milk and oxygen-sensitive products like fruit juices, nectars, flavoured milk or plant-based beverages.
SIGNATURE EVO enhances opportunities for customers to differentiate their products with an aluminium-free pack that offers both on-shelf appeal and stand-out environmental credentials.
In the future, it will also be available in more options such as SIGNATURE EVO 100 – SIG’s full barrier solution for aseptic carton packs linked to 100% renewable forest-based materials.
1Results based on ISO-compliant life-cycle assessment CB-100732c for Europe.
In 2021, orange prices were high in São Paulo State (SP) and in the Triângulo Mineiro. In general, the industry in SP kept the demand high for fruits, and the low production limited the supply throughout the year. Although the remuneration (in BRL per box) had been higher, the profitability for many citrus growers was restricted, given that the limited productivity increased the cost of production per unit even more.
Fundecitrus (Citrus Defense Fund) indicated, in its estimate released in December/21, that the production in the citrus belt may reduce 1.7 % compared to 2020/21, totaling 264.14 million 40.8-boxes. Even with the positive biennial cycle in the 2021/22 season and the higher fruit load, oranges have presented a smaller size, which explains the lower production.
From May to August 2021, rainfall accounted for only 30 % of the regular volume for the period, according to data from Somar Meteorologia/Climatempo. Fundecitrus says that this scenario affected even irrigated orange groves (which correspond to 30 % of the citrus belt), due to the limited water supply in tanks. In some areas, frosts in July worsened the situation. Besides the small-sized oranges, the premature fruit drop was one of the worst in history.
Due to the low supply of fruits, orange juice processors boosted prices compared to the 2020/21 season. In the partial of the crop (from July to December/21), the average price in the spot market was 27.50 BRL/40.8-kilo box, harvested and delivered at the industry, for a nominal increase of 22.5 % in relation to the same period last year.
EXPORTS – As expected, orange juice (volume equivalent to concentrate juice) shipments finished the 2020/21 season with a 7 % decrease in relation to the previous (2019/20). From July/20 to June/21, shipments to all destinations totaled 1.03 million tons, according to data from Secex. The revenue, in turn, amounted 1.54 billion USD, 15 % down compared to the season before.
IN NATURA MARKET – Orange prices hit nominal records in most part of 2021. Increases are attributed to the limited supply in the 2021/22 crop, because of the low volume of rainfall and high temperatures in the second semester of 2020 and the low humidity in 2021. From the second semester of 2021 onwards, the low quality of fruits (due to a long period of dry weather and frosts in July) reinforced the upward trend. In the partial of the crop (from July to December/21), the average price for pear oranges (in natura) is at BRL 39.52/40.8-kilo box, on tree, 20 % up from the average in the same period in 2020, in nominal terms.
TAHITI – The price trend was atypical in 2021. Values were low in the first semester and in some periods of the second part of the year, and peak prices were less intense. From January to December, the average price for tahiti lime was at BRL 25.19/27-kilo box, harvested, 31.3 % lower compared to that in 2020.
2021 was another record year for food and drink industry transactions, with 1,116 registered on the Zenith Global mergers and acquisitions database, an average of 21 each week.
The total is 34 % more than in 2020 and 79 % higher than 5 years ago. The number has risen every year since a dip in 2013. Funding rounds for early stage businesses have become an increasingly important element.
GLOBAL FOOD AND DRINK ACQUISITIONS 2016-21 (Photo: Zenith Global)
The most active sectors were ingredients on 97, packaging on 96, soft drinks on 56 and dairy on 54.
GLOBAL FOOD AND DRINK ACQUISITIONS BY SECTOR 2020-21 (Photo: Zenith Global)
The top 15 sectors saw some significant changes in 2021. Packaging, plant-based and vertical farming deals more than doubled, with plant-based rising 9 places to the top 5. Meat-free entered the top 10, outpacing meat.
Vertical farming, food delivery and CBD moved up to the top 15, while services, water drinks and beer dropped out.
The combination of plant-based (48), meat-free (41), cell-based (24), dairy-free (20), alcohol-free (10) and plant-based seafood (5) would make free-from by far the biggest category overall on 148, 13 % of the total. Water drinks (23) and water dispense (18), when taken together at 41, would come 8th.
5 categories had declared transaction values in excess of $10 billion. These were packaging, food delivery, ingredients, plant-based and dairy.
8 more categories exceeded $5 billion – fresh produce, nutrition, meat, soft drinks, snacks, equipment, water drinks and tea.
Meat-free surpassed USD2 billion, while vertical farming and cell-based both exceeded USD1 billion.
PepsiCo Beverages North America (PBNA) announced a USD1.5 million grant to the Water Replenishment District of Southern California (WRD), the largest groundwater agency in the state of California, to help manage and protect local groundwater resources to more than four million residents.
“Partnering with the Water Replenishment District of Southern California will not only help enable long-term, sustainable water security for local communities who depend on an accessible and reliable supply of clean, safe water,” said Johannes Evenblij, President of West Division at PepsiCo Beverages North America, “but it will also be critical in the advancement our pep+ (PepsiCo Positive) Net Water Positive ambition to reduce absolute water use and replenish back into the local watershed more than 100% of the water we use. As a food and beverage company, we’re acutely aware of the critical role water plays in the southern California ecosystem, and our community.”
The partnership will improve drought resiliency and pilot WRD’s first inland injection well for utilization of in-ground storage. When complete, the project will store an average of 325,851 gallons of water per year for municipal and indirect use, drought resiliency and mitigation.
“The Water Replenishment District is proud to be the first public agency to receive a water sustainability grant from PepsiCo,” said Water Replenishment District Board President John D.S. Allen. “This grant will help build our region’s drought resilience for years to come. The WRD Board of Directors commend and applaud PepsiCo for their commitment to protecting our watershed.”
PepsiCo is focused on improving water-use efficiency, local replenishment in water-scarce areas, public education, advocacy for smart water policies, and adoption of best practices with community partners. Example sustainable PepsiCo partnerships include:
Arbor Day Foundation: PBNA and PepsiCo Foods North America (PFNA) supported ADF’s replanting of two million trees in the burn scars of the Carr and Camp Fire wildfires that devastated Northern California in 2018.
California Water Action Collaborative: PBNA is part of CWAC, a coalition of industry, nonprofit, and governmental organizations investing in efforts throughout California that yield positive return for water quality and quantity.
The Nature Conservancy: PBNA collaborates with TNC as part of the Salt and Verde Alliance, a partnership that brings together companies, farmers, communities, and other organizations to help protect the Salt and Verde watersheds of the arid western United States.
The Covid pandemic continues to shake up the international event calendar in the global beverage technology sector in 2022. After intensive consultation with the companies and associations represented on the BrauBeviale exhibition advisory committee, the event organiser, NürnbergMesse, has decided to suspend BrauBeviale 2022, from 8 – 10 November 2022. “By taking this step, we are reacting early to the concerns of the market, and ensuring planning reliability for the industry” says Andrea Kalrait, Executive Director of BrauBeviale and Beviale Family. The next BrauBeviale, therefore, will be held from 14 to 16 November 2023 in Nuremberg.
About the BrauBeviale: The BrauBeviale is one of the leading international capital goods specialist exhibitions for the beverage industry in Nuremberg, with around 1,100 domestic and international exhibitors, and around 40,000 professional attendees from Germany and abroad. Alongside the Beviale Moscow, the Beviale Mexico, the Craft Beer China and the Craft Beer Italy, the BrauBeviale is part of the Beviale Family.
WAPA, the World Apple and Pear Association, released the first apple and pear stock figures of the season. The figures show that in Europe apple stocks increased by 6,8 % compared to 2020 to reach 4,917,891 T, while pear stocks decreased by 27 % to 656,438 T. In the USA, apple stocks as of 1 December 2021 stood at 1,909,045 T (- 2,6 % compared to 2020), while pear stocks reached 224,278 T (21,6 % above 2020).
WAPA, the World Apple and Pear Association, collects every month the stock figures for apples and pears from Europe and the United States. WAPA can reveal that European apple stocks stood at 4,917,891 T as of 1 December 2021, which is 6,8 % above the figure of 2020, which reflects the 11 % increase in the crop. On the other hand, pear stocks stood at 656,438 T on 1 December 2021, 27 % below the volume of 2020, mostly because of the large decrease in Italy. In Europe, the final pear crop is 26 % lower than a year ago. For the USA, apple stocks in December stand at 1,909,045 T, down 2,6 % compared to 2020. This level is reflecting the lower crop in Washington States this year, which stands at just below 3.000,000 T, 4 % less than last year. Pears stocks in the USA stand at 224,278 T, which is 21,6 % above last year.
European apple and pear stocks (Photo: WAPA)
USA apple and pear stocks (Photo: WAPA)
Bucher Unipektin is acquiring 100 % of the Czech company Denwel, a supplier of specialised cold block equipment to breweries. With the acquisition, Bucher Unipektin – one of the world leading suppliers of beer filtration systems – further strengthens its beer processing capabilities and technologies.
Denwel spol. s r.o., a privately held Czech company founded in 1997, designs, manufactures and installs specialised engineered cold block equipment for breweries and generated net sales of EUR 7 million in 2020. The company is located in Prague with a manufacturing site in Havlickuv Brod.
Bucher Unipektin, a Swiss based business unit of Bucher Industries AG, is a globally leading manufacturer of systems and components for the juice industry and for the filtration of beer. The business unit is operating globally with production sites in Switzerland, Spain, Germany and China supported by a global distribution network and own sales and service organisations in Poland, Ukraine, Russia, New Zealand and Mexico.
With this acquisition, Bucher Unipektin is in the position to supply its brewery customers with entire cold block processing lines, complementing its high-tech beer filtration systems with Denwel’s water deaeration, blending, carbonation, nitrogenation, dosing, CIP and flash pasteurization systems.
All employees and the very dedicated management team, which are already well-known to Bucher Unipektin through a three-year cooperation, will remain in place and operate under the new name Bucher Denwel spol. s r.o. providing an enhanced global after-sales service to its customers.
By Pablo Gómez, International Quality Assurance Manager for table grapes at IFG
Global fruit production has not only persevered in the face of a worldwide health crisis, but it has also continued to adapt in response to the evolving landscape. A fast-paced industry already familiar with navigating unpredictable conditions and forecasting market demand, the agricultural sector never slowed down, even in the worst times of the pandemic.
However, that’s not to say the journey was without any roadblocks: COVID-19 brought a wave of challenges with everything from labour to logistics. Yet, as consumer interest in fresh produce increased by more than 10 percent in 2020, fruit suppliers, scientists, horticulturists, and growers are overcoming these setbacks to usher in a new period of efficiency and innovation.
Weathering the storm of staffing and safety
Like countless other business sectors, fruit-focused agriculture struggled with staffing at the outset of the pandemic. But while many companies turned to remote work options, the nature of agricultural operations needs employees to remain primarily in the fields.
The produce industry requires a significant amount of hand labour, particularly for table grapes and cherries. Managing thousands of employees who work simultaneous in-person shifts became an immediate area of focus. The main issue was the prevention of outbreaks in both the packhouse facilities and in the fields. Growers had to react quickly, forming small and segregated groups of workers adhering to organized schedules. In addition, the implementation of regular PCR tests enhanced other standard safety protocols that helped protect workers. While the actions were a costly investment, growers kept operations safe and healthy while maintaining productivity.
Nearly two years into the pandemic, though, staffing challenges persist. Due to new procedures and safety limitations, a scarcity of workers and higher costs still impact day-to-day operations worldwide. But while the problems are exacerbated given current conditions, this is nothing new for produce growers, especially in the United States where employment of agricultural workers is essentially at a standstill — it’s expected to increase only 2 percent from 2020 to 2030, slower than the average for all occupations.
Navigating logistical burdens
The economic downturn has increased costs across the entire fruit supply chain, from growing and harvesting to delivering the product to market. As the pandemic continued into and throughout 2021, it became apparent that one of its most pronounced effects on the global fruit industry was on logistical operations.
The early days of lockdown restrictions and a slowdown in the production of goods created a ripple effect, sending refrigerated containers into a backlog of storage at cargo ports and inland depots. By mid-2021, wait times to procure a container stretched anywhere from weeks to months depending on departure port and arrival destination.
The supply chain has faced a global shortage of containers projected to last into 2022, resulting in severe inflation in materials and transport costs. McKinsey & Company reported it now costs up to six times more to ship a container from China to Europe than it did at the start of 2019.
A fresh take on the future of fruit production
Despite these challenges, the pandemic has shown how well prepared the agriculture industry is to adapt its systems in response to both adversity and increased demand.
The trend of healthy living and a desire for nutritious food that emerged over the last two years is a worldwide movement with evident staying power. The United Nations even designated 2021 as the International Year of Fruits and Vegetables. Manifested through behaviors such as at-home cooking and greater consciousness about food brought into the homes, the health and wellness trends have directly impacted the consumption of fruits and vegetables.
Fruit scientists, horticulturalists, and growers alike are looking to long-term solutions for meeting this need. For worldwide fruit-breeding company IFG, the answer could lie in a recent focus on breeding as much year-round fruit as possible as part of an overall quality and support strategy. IFG is known for inventing flavour-forward table grapes, including the Cotton Candy™ variety, which hold numerous health benefits in line with current consumer interests. By creating a 52-week table grape supply in partnership with growers worldwide, IFG aims to transform the fruit industry and contribute to a more sustainable production of premium table grapes and cherries.
In a sector where food and safety standards are already incredibly high, another key area that can influence growth and opportunity is leveraging technology to increase the simplicity and efficiency of production. The agritech tools that a reported 56 percent of U.S. farms have now adopted can help strengthen global fruit production with automation that eases the burden of labour shortages, conserves resources and mitigates crop losses.
As technology and scientific strategy rapidly advance, the industry is poised to thrive in a post-pandemic world. These professional improvements will affect every part of the supply chain, from the fields where the fruit is grown and harvested to the carts where consumers add their nature’s bounty. Looking into 2022 and beyond, industry leaders will keep one eye on innovation while maintaining a stable production to ensure the world remains healthy and fed.
About the Author Pablo Gómez joined IFG in 2018 and currently serves as the company’s International Quality Assurance Manager for Table Grapes. In this role, he works to develop IFG’s international table grape and cherry quality assurance program. Prior to working at IFG, Pablo served as a grape source technologist at Munoz Group, where he became experienced in the particularities of the table grape industry across different countries while also focusing on quality assurance for the U.K. market. Pablo started his career as an agricultural engineer intern at Investigación y Tecnología de Uva de Mesa (ITUM) while finishing his degree in agricultural engineering at Universidad Politécnica de Cartagena.
WAPA, the World Apple and Pear Association, released the updated Northern Hemisphere Apple and Pear Crop Forecast. As crops have now been fully harvested since the first figures were released in August 2021, minor adjustments were made in different countries, although the new estimates are still in line with the original forecast. As the Northern Hemisphere season is getting into full swing, stocks depletion figures will be provided as well by the Association.
During the month of December, WAPA has been consolidating the forecast of apples and pears production for the Northern Hemisphere released during the month of August. As the season is now in full swing and harvest is completed, WAPA is reporting on the latest development for apples and pears in the Northern Hemisphere, while already looking to prepare the Southern Hemisphere 2022 forecast, which will be announced during the last week of February on the occasion of the WAPA Annual General Assembly. Overall, the countries survey by WAPA covers a production of 81 Mio T of apples and 23 Mio T of pears.
The updated estimates for European apple production of the 21 top EU producing countries and the United Kingdom increased by 160.000 T to stand at 11.895,000 T, which is 1,36 % more than what originally forecasted at 11.735,000 T. The forecast for the season is ultimately 11 % (or 1.195,000 T) up from the last year. The new figure is influenced by an increase in Poland (+ 130.000 T to 4,3 Mio T) as well as in Belgium (+ 48.000 T to 240.000 T) and Austria (+ 5.000 T to 120.000 T) but compensated by a decrease in France (- 12.000 T to 1.363.000 T) and the Netherlands (- 5.000 T to 245.000 T). Italy remains stable at 2.044.000 T, with 2.000 T less compared to the initial forecast of August. On the varieties side, the main changes concern Red Jonaprince (+ 53.000 T to 475.000 T), Jonagold (+ 26.000 T to 444.000 T), Idared (+ 24.000 T to 709.000 T), Red Delicious and Pinova (+ 14.000 T each, reaching 654.000 T and 197.000 T respectively), and Cripps Pink (+ 7.000 T to 240.000 T). On the other hand, Gala decreased (- 10.000 T to 1.553.000 T). Other EU countries and Switzerand represent around 200.000 T. In the USA, the apple crop is confirmed to be stable at 4,644.000 T (6 % down to last year), despite some readjustment within the breakdown by states and varieties. The major varieties in the USA are Gala (863.000 T), Red Delicious (625.000 T), and Honey Crisps (542.000 T). Varietal shift continues in the US orchards, with positive development with new varieties such as Ambrosia and Cosmic Crisp. In the US neighbourhood, Mexico’s production in 2021 was down by 2 % at 700.000 T, while Canada’s production dropped 11 % to 360.000 T. The Chinese apple crop was estimated in August just below 45 Mio T, dominated by the Shaanxi (12,5 Mio T) and Shandong (9,5 Mio T) provinces, which together account for close to 50 % of the Chinese apples production. The crop in EU neighbourhood was set at 8 Mio T, covering Turkey (4 Mio T), Russia (1,4 Mio T), Ukraine (1,3 Mio T), Moldova (600.000 T), Serbia (535.000 T), and North Macedonia (140.000 T). In Central Asia, the apple crop is around 2,5 Mio T, out of which 50 % is in Uzbekistan (1.250.000 T), followed by Azerbaijan (300.000 T), Tajikistan (250.000 T), Kazakhstan (200.000 T), and Kyrgystan (150.000 T). Production in India is forecasted at 2,65 Mio T. In the Southern Hemisphere, the final apple crop was set at 5.230.000 T.
In regard to pears, the European pear production is estimated to reach 1.666,000 T in 2021/2022, which is 3,87 % (or 61.000 T) above the August forecast. This increase is resulting from an increase in Belgium (+ 59.000 T to 354.000 T) and the Netherlands (+ 15.000T to 340.000 T) but compensated among others by a decrease in France (- 1.000 T to 56.000 T) and a further decline in the Italian crop due to the severe consequences of the climatic havocs experienced in the main producing regions (- 11.000 T to 202.000 T, while the orchard potential is over 700.000 T). On the varieties, Conference is set to increased by 68.000 T to 873.000 T while Abate should decrease by 12.000 T to
53.000 T. Regarding USA pear production, there is a slight increase from 525.000 T to 529.000 T, driven by Oregon and Washington State, while production in California is severely impacted by the lack of water and labour shortage . The main varieties for the seasons are Williams BC (270.000 T), Anjou (170.000 T), and Bosc (60.000 T). Elsewhere in the Northern Hemisphere, China reported a forecast of pear production of 18,5 Mio T, Turkey of 539.000 T, and India of 89.000 T. In the Southern Hemisphere, the 2021 pears crop ended with a total volume of 1.346.000 T.
Philippe Binard, Secretary-General of WAPA commented: “This year, given the difficult climatic conditions, forecast of production was not easy to be made, in particular regarding the uncertainties on the impact of frost and other spring weather conditions for the quality and the size of products. Looking back, the work undertaken in the different countries was rather precise, as only limited variations were noted. Those were primarily influenced by the good conditions during the summer months in the Northern Hemisphere”. Mr Binard added: “In addition to the apple and pear production forecast, WAPA collects stock figures from the major producing countries throughout the season. As of December, WAPA is resuming the collection of data for the stocks as now the crop is fully harvested and stocks data are now able to be calculated in a reliable manner”.
WAPA can reveal that EU apple stocks stood at 4,865,028 T as of 1 December 2021, which is 6.9 % above the figure of 2020, which reflects the 11 % increase in the crop. On the other hand, pear stocks stood at 654,484 T on 1 December 2021, 26,9 % below the volume of 2020, mostly because of the large decrease in Italy. In Europe, the final pear crop is 26 % lower than a year ago. For the USA, apple stocks in December stand at 1,909,045 T, down 2,58 % compared to 2020. This level is reflecting the lower crop in Washington States this year, which stands at just below 3.000,000 T, 4 % less than last year. Pears stocks in the USA stand at 224,278 T, which is 21,6 % above last year.
In regard to the current season, Domink Wozniak, President of WAPA commented: “Several factors influence the development of this Northern Hemisphere season. The rise in costs for production input, packaging, energy or labour as well as the predicted inflation will have an impact on prodcuer’s margins and competitiveness. Moreover, logistics challenges in terms of availability and costs are some of the new factors influencing trade patterns. Mixed fortune is also expected on market access considering for the European exporters the Belarus embargo as of January 1st combined with the on- going Russian embargo. For the USA, the effects of counter-sanctions in the Steel and Aluminium dossiers are affecting in particular US exports to distant markets such as India . USA trade is expected to primarily focus in North America to the Mexican and Canadian neighbours. In Asia, all exporters are confronted with increased burdens to access China due to increased COVID related controls and logistics hurdles in the port”. On the global stage, one should consider the role of new players such as Serbia, Moldova, Ukraine, Turkey, or Iran. China is also developing its export potential with exports now exceeding one million tons on apples, primarily to South East Asian neighbour. Mr Wozniak added: “Overall in the Northern Hemisphere, the local sourcing will remain a priority in many places considering on-going uncertainties on the world market. However, the growth of apple and pear production in the North Hemisphere, in particular in EU neighbourhood and Central Asia, makes it important to continue diversify the variety assortment for taste expected by consumers. Raising the quality and meeting new sustainability expectations of policy and consumers would facilitate a new boost of the consumption of apples and pears. At the same time, the global apple and pear community should continue searching for new opportunities for the apple and pear consumption in many markets around the world”.
WAPA is slated to host Prongosfruit in Belgrade (Serbia) on 10 and 11 August 2022, in cooperation with Serbia Does Apples. Information will be provided end of March 2022 on the Prognosfruit website (www.prognosfruit.eu).
Elopak, a leading global supplier of carton packaging and filling equipment, has been awarded a platinum rating for its sustainability performance by EcoVadis, the world’s largest and most trusted provider of business sustainability ratings. This achievement places Elopak in the top 1 % of companies evaluated across all industries.
EcoVadis is a trusted sustainability ratings provider, with a global network of more than 75,000 rated companies. They assess sustainability performance; how well a company has integrated the principles of CSR into their business and management system. The methodology covers 21 criteria across four themes of environment, labour & human rights, ethics, and sustainable procurement. It is built on international sustainability standards, such as the Global Reporting Initiative, the United Nations Global Compact, and the ISO 26000.
Carbon neutral since 2016, Elopak was one of the first companies to sign up to the Science Based Targets initiative to keep global average temperature rise below 1.5 °C in 2019. In line with this commitment, Elopak has pledged a 55 % reduction in internal GHG emissions by 2030 and a 16 % reduction in emissions across the value chain by 2030 from a 2017 baseline. In 2021, Elopak joined the United Nations (UN) Global Compact as a participant in recognition of its commitment to advancing sustainability and working collaboratively in pursuit of the UN Sustainable Development Goals.
Kerry releases enhanced second-generation range of premium taste extracts for low-/no-alcohol drinks
The Kerry Botanicals Collection ZERO 2.0 next-generation range of distillates from botanical sources offers enhanced and complex flavour notes to enable the creation of better-tasting low- or no-alcohol beverages – without compromising on taste.
Kerry, one of the world’s leading taste and nutrition companies, released its Botanicals Collection ZERO 2.0, an enhanced next-generation range of high-quality, authentic botanical extracts – containing 0 % ethanol – designed specifically for global rapid-growth low- and no-alcohol beverage markets. Applications include low-/no-alcohol drinks and mocktails, regular alcoholic beverages, and almost any beverage application in which a low level of alcohol or a unique taste experience is desired.
This extensive portfolio of tastes enables drink manufacturers to maintain a low (or zero) alcohol content and permits a “0.0 %” claim. In comparison to other ethanol-free technologies, the Collection ZERO 2.0 range is more stable, with no haze, no sedimentation, and a more complex botanical taste and mouthfeel.
The range of possible distillates in this new 2.0 generation includes fruit; floral; and spice and brown tonalities such as passionfruit, rosebud, elderflower, caraway, black pepper, cumin, cocoa and coffee.
With the Botanicals Collection ZERO 2.0, beverage product developers now have an extensive range of potential tastes on their creative palettes that meet emerging clean-label and authentic-quality requirements. The result: a premium drinking experience for those seeking to moderate their alcohol consumption.
Francis De Campos Ferreira, Global Taste Portfolio Director for Selected Extracts at Kerry, commented on the new botanical collection release: “Taste is extremely important to all consumers of low- and no-alcohol beverages. Our exciting second-generation Kerry Botanicals Collection ZERO 2.0 range delivers not only the fresh notes from the first generation but also now more complex flavours that remind us of those found in traditional alcoholic beverages. Another important consumer concern is that these types of drinks be naturally sourced, so it’s important to note that the ZERO 2.0 product range is created using all-natural, sustainable botanical sources.”
The new generation uses a proprietary extraction and distillation processing technique, delivering significant benefits (such as being preservative-free) while developing intense and amazingly complex aromatic profiles. ZERO 2.0 complements and expands Kerry’s first-generation Collection ZERO, which was announced in 2020. Furthermore, this newly released range offers more stability with no haze or sedimentation, and delivers a unique, complex and differentiated botanical taste profile.
Adds Mr De Campos Ferreira: “There is a rapidly growing global trend to moderate and control alcohol intake, and consumers are seeking authentic-tasting beverage options that address this desire. This has resulted in enormous growth in the global market for these kinds of beverages that is expected to continue for years. Producers able to offer tasty and healthier upscale beverage choices will see a significant and growing market opportunity in the years to come.”
“Due mainly to the fact that many no-alcohol drinks (like mocktails) resemble juices, consumer expectations are currently not being met by the prevailing no-alcohol options. Increasingly, consumers want the upscale experience of the glass, ice, and taste – simply without the alcohol content. The Kerry Botanicals Collection ZERO 2.0 portfolio delivers a premium drink that tastes great.”
Kerry’s extensive expertise and experience in natural extraction also fosters innovative “fusion distillates” based on a proprietary capability to blend natural botanicals (leaves, flowers, seeds, etc.), and then magnify taste by running a distillate following a period of slow maturation. This produces tailored extracts or blends that can be made to order to suit specific local and regional tastes and other requirements.
Consumers will stop buying a product when its original price has risen by an average of 40 %, according to a new survey commissioned by specialist PR agency Ingredient Communications and conducted by SurveyGoo.
Just over 1,000 US and UK consumers answered a series of questions designed to reveal just how price-sensitive they really are.1 As many as 94 % of participants said they had noticed their food shopping bills going up in the previous three months, with 79 % stating they believed supply chain problems such as driver shortages were to blame.
Respondents were then asked to select the point at which they would stop buying a selection of food, beverage and nutrition products due to price rises, using a scale of + 5 % to ‘I would buy this product whatever the price’.
Overall, the results indicated that shoppers were more immune to price increases for low-cost staple goods. For example, the category in which consumers were least price sensitive was milk (dairy), which could increase in price by an average of 65 % before respondents would stop buying it. This was followed by bread (62 %) and fresh vegetables (60 %).
Conversely, there was greater resistance to cost increases in nutrition categories, where the base price of products tends to be higher. For instance, respondents said they would stop buying protein powder once the price had risen by an average of 17 %. The corresponding pinch point was 23 % for probiotics, 26 % for dietary supplements, and 28 % for Omega 3 fish oil supplements.
High quality ingredients are key
The survey findings also indicate that consumers are happy to shop around in order to offset the impact of upward price pressures. Nearly half of respondents (48 %) said they had switched to a cheaper brand in the previous three months as a result of price rises, while 26 % said they had changed to a retailer’s own-label version of the same product.
Richard Clarke, Managing Director of Ingredient Communications, said: “For basic goods, even a large percentage price increase might still only be a matter of cents or pennies. By contrast, a small percentage increase in the cost of a premium nutrition product might be measured in dollars or pounds.”
He added: “In such challenging market conditions, brands will need to work hard to retain consumer loyalty. An effective way to achieve this is to demonstrate added value by using high quality ingredients that provide clear differentiation and command high levels of trust, whether that’s through proven efficacy, sustainability, strong co-branding, or a combination of these. These values, communicated effectively, will tie a consumer to a brand more closely, mitigating the impact of price increases on purchasing behaviour.”
1SurveyGoo surveyed 1,063 consumers online in December 2021 (532 UK, 531 US)
In line with its goal to transition to 100 % recycled and plant-based PET bottles by 2030, the Suntory Group unveiled a prototype PET bottle made from 100 % plant-based materials partnership. The prototype bottle was developed in collaboration with US-based Anellotech for Suntory’s Orangina and Tennensui soft drinks brands in the European and Japanese markets, respectively. Given Suntory’s claims that its plant-based bottle overcomes several issues associated with bioplastics, it represents a step forward for the beverages industry towards the holy grail of biodegradable packaging, says GlobalData, a leading data and analytics company.
Bobby Verghese, Consumer Analyst at GlobalData, comments: “Compostable/biodegradable plastics are presently a lower priority than recyclable packaging for Japanese consumers validated by as GlobalData’s Q3 2021 consumer survey. Only 30 % of Japanese respondents in the survey consider compostable/biodegradable an important factor in a product, when compared with 63 % of respondents who prioritize easy to recycle products*.
Verghese continues: “This is partly as consumers are disillusioned by earlier plant-based packaging innovations such as Coca-Cola’s PlantBottle, which failed to take off after the initial hype due to functional and cost challenges. Also, a large section of consumers are unsure how the biodegradable bottles will safeguard its contents.”
While bioplastics are touted as the penultimate solution for the plastic waste problem, most products have hitherto failed to match the performance of conventional oil-based plastics. Additionally, the cost of raw materials and overhauling existing manufacturing lines to accommodate bioplastics remain quite prohibitive. Moreover, bioplastics degrade only under specific ambient conditions, thereby posing an environmental threat. Furthermore, cultivating crops for producing bioplastics locks up agricultural land that could otherwise be used for food production.
Suntory claims its bioplastic material is made from two compounds, namely PTA and MEG, which are made from non-food biomass and non-food-grade feedstock, respectively, which minimizes its impact on the food chain. The plant-based bottle is claimed to be generate far lower carbon emissions than petroleum-derived plastic bottles.
Verghese concludes: “Suntory’s plant-based bottle can attract 39 % of Japanese consumers who consider products with reduced carbon footprint to be quite/extremely important, and 41 % of consumers who say the same for products that are sustainable/made from renewable sources*. However, the pros and cons of the bioplastic will only come to light after the full-fledged market launch.”
*Data taken from GlobalData’s Q3 2021 Consumer Survey – Japan with 527 respondents, published in September 2021
Lithuanian design agency FOLK gave a holiday makeover to a beloved Christmas drink—kissel. The agency ditched the traditional powder mix and created a brand new product “Slippery Business” in tin packaging, specifically designed for a revamped drink formula.
FOLK, one of the most recognized design agencies in the Baltic region, reintroduced the nation’s Christmas favorite, a cranberry kissel, in unique packaging. Generally sold as a powder mix, the newly-formulated product, called “Slippery Business,” is packaged in a tin casing to shake and liven up the traditional festive table.
A Lithuanian beloved kissel is a non-alcoholic drink where cranberries, the star of the flavor palette, shine through a slightly gooey and slippery texture. It is served almost exclusively on Christmas and is usually the one drink no Lithuanian family forgoes.
However, the design agency felt the conventional drink packaging lacked some festive charm and should be given the justice it deserves in a specially-made tin casing. The product name, design, and font were inspired by the drink’s unique texture, while the colors represent the acidity of cranberries. The new drink formula also has less sugar, is vegan and gluten-free to suit everyone’s dietary requirements.
The freshly repackaged kissel was a Christmas gift to FOLK’s clients, friends, and partners. According to Ignas Kozlovas, creative director at FOLK, business gifts present a great opportunity to showcase the ingenuity and challenge oneself in non-conventional tasks. Therefore each year FOLK, which has a passion for Lithuanian folklore, aims to surprise their clients with knock-your-socks-off gifts.
“Traditions have a tendency to change over time, even during the biggest holidays of the year. Several past years have shown us that you can join everyone for a festive dinner through a smart device, or order international dishes instead of traditional ones,” said Kozlovas. “Not many things stay the same in these changing times, but kissel remains a national treasure every single Christmas. However, the drink is too good to be enjoyed only once a year, and we believe the new tin packaging might give it a chance to make an after-holiday come-back.”
“Slippery Business” also allowed the agency to experience the manufacturing process hands-on. The agency was involved in formulating the modern yet well-known flavor and adapting tin casing to the drink’s unique texture—the tin, filled with non-fizzy drink, is softer than usual, therefore allowing to feel the kissel’s texture without even tasting it.
“We created the product having in mind that Christmas itself is a slippery business with unexpected topics at festive dinners or unusual office parties. The entire process—from design to manufacturing—allowed us to also understand the challenges that our clients face every day and be better prepared to tackle the new unique tasks next year,” added Kozlovas.
About FOLK FOLK is a Lithuanian brand creation and design agency with the main focus on consumer needs. The agency provides brand strategy, packaging, and logo design services, and collaborates with their clients to best serve the consumers and produce unique, Lithuanian folklore-inspired designs.
Tate & Lyle expands partnership into Greece, Bulgaria and the Republic of North Macedonia
Tate & Lyle PLC, one of the leading global providers of food and beverage ingredients and solutions, is expanding its successful partnership with distributor Azelis in Europe into three new countries, Greece, Bulgaria and the Republic of North Macedonia, from early 2022.
This means Azelis will now be the distributor of Tate & Lyle’s broad portfolio of ingredients and solutions, including its PROMITOR® Soluble Fibres, CLARIA® Clean Label Starches and Stevia sweeteners, to customers in 17 countries.
Azelis is already Tate & Lyle’s biggest distribution partner in Europe and have worked together since 2003. The strengthening of this partnership will allow Tate & Lyle’s customers in Greece, Bulgaria and North Macedonia to benefit from Azelis’ extensive capabilities in solution selling, application and technical services, as well as their market knowledge and supply chain excellence.
Group EBIT target for full year unchanged
At € 31.2 million (Q3 2020|21: € 28.5 million), the consolidated EBIT of AGRANA Beteiligungs-AG in the third quarter of 2021/22 (1 September to 30 November 2021) was higher than expected. The key driver was considerably higher revenues in the Starch segment due to an all-time high of ethanol prices.
As a result, in the first three quarters of 2021/22 (1 March to 30 November 2021), AGRANA generated earnings before interest and tax (EBIT) of € 76.0 million (Q1-3 2020|21: € 84.3 million). Group revenue amounted to € 2,169.6 million (Q1-3 2020|21: € 1,965.3 million).
The guidance for the full financial year 2021/22, according to which Group EBIT will increase significantly, remains unchanged; the forecast is for earnings before interest and tax to rise by at least 10 %.
Due to the extreme volatility in terms of commodity and energy prices as well as the COVID-19 situation again intensifying – the fourth wave in combination with the appearance of the Omikron variant – the forecast for the full year is characterised by a very high degree of uncertainty.
Further details relating to the development of business in the first three quarters of 2021/22 and more information about the various segments will be published by the Group as scheduled on 13 January 2022.
Acquisition will expand wine portfolio in France, including Bordeaux.
Berlin Packaging, the world’s largest Hybrid Packaging Supplier®, announced the acquisition of Gerfran SAS, a family-owned supplier of glass packaging specializing in the wine and beverage end markets.
Founded in 1984 and acquired by Lionel Fruh in 2008, Gerfran is a unique player in the Aquitaine region of France. Headquartered in La Réole, the company specializes in the sale of wine bottles with an emphasis on Bordeaux bottles and serves wine producers of all sizes, from small vineyards to large estates. In addition to wine bottles, the company also sells bottles and jars for beer, spirits, fruit juices, and food.
With warehouses across the southwest of France, Gerfran has strong relationships with its customers, who benefit from the company’s value-added services and turnkey solutions.
Following completion of all pending transactions, Gerfran will be the 18th acquisition by Berlin Packaging in EMEA (Europe, Middle East, and Africa) since 2016 and the 8th acquisition in EMEA in 2021.
All employees and locations for this acquisition will be retained.
Fi Europe co-located with Hi Europe: 3 days live, 2 weeks online, 710 exhibitors and 115 content sessions
Three days of Fi Europe, co-located with Hi Europe in Frankfurt, proved that for many professionals, face-to-face trade shows are still the unrivalled networking format. Amidst challenging circumstances, participants from a wide range of countries attended the world’s leading food and beverage ingredients show to discover industry innovations and meet customers and partners. Those who were unable to attend in-person had the opportunity to connect, network and watch all content sessions online.
Thanks to the Informa AllSecure Health & Safety Standard, Fi and Hi Europe serves as a prototype for successful and safe in-person events at the Messe Frankfurt.
On the exhibitor side, 710 companies from all over the world were present. More than 10,600 products were showcased at the booths spread across three exhibition halls, and on the online platform. The fact that Fi and Hi Europe is the central hub of the ingredients industry worldwide, was demonstrated by the international spectrum of attendees on site: professionals from 106 countries attended the in-person event. In total, more than 13,000 attendees participated online and in-person.
Julien Bonvallet, Fi Europe Brand Director, says: “I am happy that despite the travel restrictions, we saw high quality visitors at the event. 73 per cent had budget responsibility, and more than 36 per cent were in top management (C-level). By the end of the second day, 67 % of the 2022 floorplan for Fi & Hi Europe in Paris was booked – confirmation of just how much companies trust and value the event.”
Highlights of the three-day trade show included the live presentation of the Fi Europe Innovation Awards and the Startup Innovation Challenge, the New Product Zone, in partnership with Innova Market Insights, and a broad programme of presentations and trend analyses streamed live. The show was supported by an online platform that will remain open until 31 December 2021, allowing visitors to network and learn more about the latest industry highlights.
“The future of events is definitely hybrid. Thanks to the online element of Fi Europe, we were able to reach even more leads this year,” says Natalie Meijers, Marketing Communications Manager at FrieslandCampina Ingredients. Monique Hartog, Brand & Marketing Manager at Bunge Loders Croklaan, adds: “A packed booth, many good talks and one shiny Innovation Award! It was a great show for us.” Bart Piscaer, Senior Account Manager, Avebe, commented: “I’m very happy that the show is taking place in person because it’s still very valuable to meet people face to face.”
At Fi Europe co-located with Hi Europe, the Informa AllSecure Health & Safety Standard again proved its value. Julien Bonvallet: “With 2G and our AllSecure Standard’s 10-point set of measures, we laid the groundwork for attendees to participate with confidence. During many conversations with customers and visitors on-site, I received confirmation that they felt safe and comfortable conducting face-to-face business.” Michael Biwer, Vice President Guest Events at Messe Frankfurt, adds: “Under the 2G rule, visitors were able to engage in a productive exchange about the latest topics in the food industry in a safe, controlled environment.”
Next year, Fi Europe, again co-located with Hi Europe, will be digitally smarter and offer even more on-site opportunities. The show will take place at Porte de Versailles in Paris, a new venue for the event that was chosen by the Fi Europe team as a result of feedback received by clients and partners. This location is both central and easily accessible, and also allows visitors the opportunity to enjoy the delights of Paris, and all it has to offer. The online version will start on 28 November 2022, while the in-person event will open its doors from 6 to 8 December 2022.
All oranges 46.0 million boxes
The 2021-2022 Florida all orange forecast released by the USDA Agricultural Statistics Board is 46.0 million boxes, down 1.0 million boxes from the October forecast. If realized, this will be 13 percent less than last season’s final production. The forecast consists of 18.0 million boxes of the non-Valencia oranges (early, mid-season, and Navel varieties) and 28.0 million boxes of the Valencia oranges. A 9-year regression was used for comparison purposes. All references to “average”, “minimum”, and “maximum” refer to the previous 10 seasons, excluding the 2017-2018 season, which was affected by Hurricane Irma. Average fruit per tree includes both regular bloom and the first late bloom …
Please download the full citrus crop production forecast: www.nass.usda.gov
Better Juice partners with GEA and US juice maker to commercialise reduced-sugar juices.
FoodTech start-up Better Juice, Ltd. sealed its first commercial deal to bring reduced-sugar juices one step closer to supermarket beverage aisles. The company inked an agreement with a major US fruit juice manufacturer for commercial installment of its sugar-reduction technology.
This is Better Juice’s first official commercial venture in its long-term collaboration with GEA Group, AG, Germany, a world leader in process engineering for the food and beverage sectors. The two companies joined forces in a strategic move to scale up and promote the sugar-reduction technology throughout the global beverage market.
Start-up receives patent and a self-affirmed GRAS approval
Better Juice was granted a patent for its sugar-reduction enzymatic process in Europe. Armed with recent self-affirmed GRAS status, the company is out to market its innovative system to food and beverage manufacturers worldwide. “These achievements, together with GEA’s knowhow and cutting-edge technology, will open doors to work more closely with food and beverage companies,” explains Eran Blachinsky, PhD, co-founder and co-CEO of Better Juice.
Better-Juice’s patented enzymatic technology uses all-natural ingredients to convert fructose, glucose, and sucrose sugars into prebiotic and other non-digestible fibers. The juice passes through a continuous flow bio-reactor housing non-GMO microorganism that transform the unwanted sugars into beneficial, non-digestible molecules. It boasts capabilities to reduce sugar loads by up to 80 %, while preserving the full complement of vitamins and other nutrients inherent in the fruit. The process moderates the sweetness of the juice, while intensifying the fruit flavour.
Sugar-reduced juices will line the shelves next year
Under the new venture, GEA will design, manufacture, and install the bioreactor that reduces sugars, and offer follow-up technical support. Better Juice will produce the microorganisms for the enzymatic process. According to the first commercial order, the fruit drinks manufacturer will produce natural juices with a minimum sugar reduction of 30 %, and anticipates the product to arrive in supermarkets by spring 2022.
“This new agreement marks an exciting milestone in our mission to get our sugar-reduction technology off the ground, to penetrate the US market, and to expand our global footprint,” enthuses Blachinsky. “We’ve officially launched our drive to help consumers enjoy reduce sugar in their favourite fruit juice.”
“Scaling up is always a challenge,” confesses Gali Yarom, co-founder and co-CEO of Better Juice. “But when your partner is GEA, with its vast industrial food processing capabilities and global presence, the acceleration of the Better Juice commercialisation is much faster and brings added value to the supply chain. Imagine—in just a few months, affordable, reduced-sugar fruit juice will be a ready option for American consumers.”
The equipment has been tested in GEA’s quality assurance facility in Germany and can be easily integrated into existing juice production lines, providing product at a capacity of up to 200 liter per hour. Total production capacity of reduced-sugar juices can be adjusted to the manufacturer’s needs.
“Better Juice has incredible potential to transform the global juice industry,” notes Colm O’Gorman, Head of Sales Management for GEA’s Global Technology Center for Non-Alcoholic Beverages. “As consumer demand for lowered-sugar beverages continues to surge, we are eager to join Better Juice on this momentous journey. We look forward to delivering products that address one of the top consumer needs of reducing their sugar intake, especially in daily beverages.”
Symrise AG announced that it has signed a purchase agreement for the acquisition of Giraffe Foods Inc., a Canada based producer of customized sauces, dips, dressings, syrups and beverage concentrates for B2B customers, in the home meal replacement, food service and retail markets. With this transaction, Symrise will take a major step forward in the value chain, providing a wider variety of advanced taste solutions to a larger customer base in North America. This move will drive accelerated growth in the region for Symrise’s Flavor & Nutrition segment. In their fiscal year ended June 2021, Giraffe Foods saw an increase in sales above 25 %, generating revenues of approximately CAD $80 million. The closing of the transaction is expected before the end of 2021. The purchase amount has not been disclosed.
Through this acquisition, Symrise strengthens its market position with a fast-growing customer base in North America and will benefit from Giraffe Foods’ high degree of customer intimacy. Additionally, moving further down the value chain will facilitate access to and further develop new capabilities, including advanced food science and culinary expertise, proprietary recipes as well as new and sustainable packaging formats.
Giraffe Foods Inc. is a leading player in the formulation and manufacturing of custom taste solutions in a wide array of packaging. Based on its advanced R&D and culinary capabilities, customers rely on Giraffe to formulate and produce unique sauces, dressings, syrups, beverage concentrates and more. In addition, customers also value Giraffe for their wide options of packaging and broad range of processing capabilities housed in state-of-the-art facilities. The food service, value added protein and home meal replacement sectors have historically seen strong growth in both North America and Europe.
Symrise will acquire 100 % of Giraffe Foods Inc. from private investment firm Graham Partners and the founding Powell family. Symrise will finance the transaction through a dedicated bank facility. As part of the transaction, Symrise will acquire the existing two production facilities and one warehousing site and integrate the approximately 250 employees of Giraffe Foods.
Leveraging Brightseed’s artificial intelligence, Ocean Spray will unlock new compounds inside the Cranberry, powering next generation health innovation in the superfruit’s healthy product line
Ocean Spray Cranberries, Inc., the agricultural cooperative owned by more than 700 farmer families, and Brightseed, an A.I.-led biosciences company recognized as a World Economic Forum Technology Pioneer, announced an agreement to leverage Brightseed’s A.I., Forager®, to profile the compounds in cranberries and surface new connections between cranberries and human health. The collaboration with Brightseed puts Ocean Spray on the path to having the world’s most comprehensive nutritional profile of the cranberry — including the cranberries’ previously unknown bioactive compounds and potential health benefits.
“Similar to how different grapes produce different wine varietals, each cranberry strain can be extraordinarily diverse in their phytochemical composition, resulting in different colours, flavour nuances, size, and a trove of health-promoting bioactive compounds,” said Katy Galle, Senior Vice President of Research & Development at Ocean Spray Cranberries, Inc. “Our agreement with Brightseed puts us on a path to profiling our cranberry varieties and understanding their health potential like never before. The insights from this agreement will support us as we continue to innovate healthy products for our consumers, in addition to informing how we grow, separate, and treat our cranberries to optimize for target health benefits and sustainability.”
Cranberries have long been considered a superfruit and are celebrated as a rich source of polyphenols with high antioxidant activity. “Some of the cranberry’s potent health benefits are well-known, including their impact on bladder and kidney function. With over 100 cranberry varieties, the vast majority of compounds in cranberries have never been explored for their impact in the human body, however, they carry enormous potential to open up new dimensions for health and wellness.”
According to Christina Khoo, Director Emerging Science, Nutrition and Regulatory Affairs at Ocean Spray Cranberries, Inc., leveraging the A.I Forager to deep dive into the bioactive components in cranberry varietals helped accelerate Ocean Spray’s innovation activities to evaluate exciting health benefits of cranberries including immunity and cognitive health and build the scientific evidence.
“We are thrilled at the early findings of this discovery work which is showcasing how important crop diversity and growing practices are for bioactive content and expression,” said Sofia Elizondo, Co-founder and Chief Operating Officer of Brightseed. “The question Forager is able to answer is not just ‘what is in a cranberry?’ but also ‘what is different about all these cranberry varieties?’ With Forager’s insights, Ocean Spray’s stewardship will be taken to the next level and so will consumer comprehension of what a cranberry can do for health.”
Forager, Brightseed’s proprietary A.I. and an R&D 100 Award winning technology, illuminates what have been traditionally opaque to science – the complex, molecular structures of plant compounds – and maps their impact on human biology. In a few months of A.I.-powered analysis on Ocean Spray’s cranberry strains, Forager found 10x more bioactive phytochemicals and 4x more phytonutrients across a sample of Ocean Spray’s cranberry varieties. Moreover, multiple cranberry strains were packed with more than 350 bioactive compound classes with promise to positively impact immunity and cognition – new territories of health benefits that were previously unknown in cranberries.
Forager’s discoveries may then be evaluated through in vitro validation and potentially human clinical trials to enable clinically proven claims for Ocean Spray’s future product innovations.
The trade fair welcomed more than 6,000 buyers who interacted with over 260 exhibitors during its three days, reinforcing that the physical exhibitions are irreplaceable and that ANUTEC – International FoodTec India is “the platform” for the industry.
The largest and most comprehensive exhibition for the food and beverage technology finally took place after a hiatus of nearly two years caused by the pandemic. The 15th edition of ANUTEC – International FoodTec India, held from 2-4 December 2021 at IECC, Pragati Maidan, New Delhi, coincided with PackEx India and Food Logistics India. “The success of ANUTEC – International FoodTec India and PackEx India signals a turning point for the Indian food and beverage technology providers industry. We are pleased to have been able to deliver a physical exhibition of this magnitude and are immensely grateful for the overwhelming response,” said Milind Dixit, Managing Director of Koelnmesse YA Tradefair Pvt Ltd. The exhibition received 6,102 visitors from 13 countries and 268 exhibitors from 20 nations. As a result of the successful conclusion of the exhibition, the food and beverage business will take off, which has been eagerly anticipating new technologies and serving customised consumer demands.
Viki Khakhrawala, founder- Shanta G Technofoods LLP, shared his delightful experience and stated, “We have been participating in ANUTEC – International FoodTec India for the last 2-3 times and always participate with high hopes. This time we are happier because we got what we expected and got the bonus business. We are thrilled to see the footfalls and responses we are getting here. I want to give every new Food & Beverage business a message that all should participate in the exhibitions like ANUTEC – International FoodTec India. It’s the best place to identify your expertise, and it will be the best learning experience for newbies.” Vineta Singh of Fresh-O-Veg, said, “We are into food processing end-to-end consulting services. ANUTEC – International FoodTec India is a good platform for companies like us. After a gap of two years, we are quite relieved to interact with people and get back to the market.” Sunita Chaudhary, co-founder, EcoCosmos, shared her experience, “We deal in imported food processing machines. Essentially, we import from Taiwan, Turkey, and South Korea. We participated in this exhibition with some expectations, and those have been met. We were looking for responsive and mature clientele and are getting that on this platform.”
Several premium industry associations supported the event this year, including the All India Food Processors’ Association (AIFPA), Indian Flexible Packaging and Folding Carton Manufacturers Association (IFCA), and Health Food and Dietary Supplements Association (HADSA). With industry support, the event reached new heights and attracted top buyers.
Under the umbrella of ANUTEC – International FoodTec India Knowledge Forum, a series of powerful side events were organised. “India Food Supply Chain Summit” was co-organised by Logistics Insider and Food Logistics India. IFCA and PackEx India organised a seminar on “Packaging – Continuous Enabler for Creation of Value” followed by IFCA Star Awards, a National Seminar on “Technology Foresight to Modernise the Indian Food Industry for a Significant Global Role” was organised by AIFPA and Koelnmesse YA Tradefair Pvt Ltd. The event attracted who’s who from the industry, senior representatives from the Government of India and influential buyers from the neighbouring countries.
The next ANUTEC – International FoodTec India, PackEx India, and Food Logistics India will be organised from 14-16 September 2022 in Bombay Exhibition Center, Mumbai. The event will be co-located with the flagship Annapoorna – ANUFOOD India.
ACHEMA 2022 – the World Forum for the Process Industries – will be held at the Frankfurt Fairground from 22 to 26 August 2022, instead of 4 to 8 April 2022 as originally planned. This decision was made in view of the increasing uncertainty caused by the new Corona variant after intensive discussions with the community and in the ACHEMA Committee.
“As a global meeting place for the process industries, we are looking with concern at the newly emerging travel restrictions,” says Dr.-Ing. Thomas Scheuring, CEO of DECHEMA Ausstellungs-GmbH. “Despite the extensive hygiene concept for ACHEMA, which was originally planned for April 2022, we would like to enable our visitors and exhibitors to meet on site as carefree as possible after a two-year dry spell and the longing for an ACHEMA at their fingertips. We don’t see that for April 2022 at the moment and are therefore postponing ACHEMA to end of August.”
The organisers see the postponement by four months to late summer 2022 as an opportunity to ensure an international ACHEMA. “After many months of digital meetings, we want to fulfil the desire of exhibitors and visitors for a physical ACHEMA with participants from all over the world,” explains Dr Björn Mathes, Member of the Board of DECHEMA Ausstellungs-GmbH. This requires a comprehensive lively exhibition and the opportunity for personal contact.
After intensive discussion with partners and within the ACHEMA Committee, representing the exhibitors, the decision was made in favour of ACHEMA as a presence exhibition from 22 to 26 August 2022. With this early decision, DECHEMA also wants to give exhibitors planning security: After all, for them a major event like ACHEMA means a long-term preparation and investment effort.
“Apart from the date, nothing will change about the planned ACHEMA 2022,” Scheuring sums it up: Trendsetting technology and worldwide networking will characterise the world’s leading trade fair when manufacturers and service providers present their products and solutions for chemistry, pharmaceuticals, biotechnology, energy and the environment in August 2022. Founders and young entrepreneurs will meet in the Start-up Area.
With the focus topics “Modular and Connected Production”, “The Digital Lab” and “Product and Process Security”, ACHEMA 2022 will address the issues that are preying on the mind of the process industry. In addition, the megatopics of digitalisation and climate neutrality are moving even more into the focus of ACHEMA with the “Digital Hub” and the “Green Innovation Zone”.
Sponsored Post – Innovation and development are top priorities at VOG Products. To satisfy customer wishes even more completely, the fruit processing company headquartered in Laives (South Tyrol/Italy) now has an aseptic filling plant for small containers.
The investment in new technologies and development of customer-specific solutions and products are part of VOG Products’ recipe for success. “We are able to guarantee the continuous availability of top-quality raw goods. That factor and our constant investment in new technologies, enables us to offer our customers a healthy, safe and high-quality products that is harmonised with their requirements and wishes,” explained Christoph Tappeiner, CEO of VOG Products.
The company established in 1967 now belongs to 4 producers’ organisations from South Tyrol and Trentino plus 18 cooperatives from South Tyrol with a total of around 10,000 members, most of which are small, family-managed enterprises.
“Constant exchange with our customers is very important to us. That is why we intensively explore the spectrum of product innovations that we can use to satisfy our customers’ specific needs even better or address new customer segments,” emphasised Tappeiner.
Direct juice, concentrate, purée or chunky products can now be filled into small containers of 3 to 25 kg. (Photo: VOG Products)
That principally applies to the company’s products, but includes packaging as well: VOG Products now has its own aseptic filling plant for small containers (“bag-in-box”). After all, bakeries, pastry shops, ice cream manufacturers, catering companies, cafeterias and many others often require small packages in order to produce desserts, ice cream or other products and dishes based on fruit.
After successfully completed tests and product validations, VOG Products launched the first filling processes in late summer of this year. Direct juice, concentrate, purée or chunky products can now be filled into small containers of 3 to 25 kg.
Alongside apples, VOG Products processes and refines pears, kiwi, peaches and apricots for filling. Depending on customer requirements, all products are available from integrated production or organic cultivation, monovarietal or combined.
Suntory Group announced that, as a crucial step toward its aim to use 100 % sustainable PET bottles globally by 2030 and eliminate all petroleum-based virgin plastic from its global PET supply, the company has successfully created a prototype PET bottle made from 100 % plant-based materials. The prototype has been produced for the company’s iconic Orangina brand in Europe along with its best-selling bottled mineral water brand in Japan, Suntory Tennensui. This announcement marks a breakthrough after a nearly decade-long partnership with the US-based sustainable technology company Anellotech.
PET is produced using two raw materials, 70 % terephthalic acid (PTA) and 30 % mono ethylene glycol (MEG). Suntory’s prototype plant-based bottle is made by combining Anellotech’s new technology, a plant-based paraxylene derived from wood chips, which has been converted to plant-based PTA, and pre-existing plant-based MEG made from molasses which Suntory has been using in its Suntory Tennensui brand in Japan since 2013.
“We’re delighted with this achievement, as it brings us one step closer to delivering this sustainable PET bottle to the hands of our consumers,” said Tsunehiko Yokoi, Executive Officer of Suntory MONOZUKURI Expert Ltd. “The significance of this technology is that the PTA is produced from non-food biomass to avoid competition with the food chain, while MEG is also derived from non-food grade feedstock.”
This innovation is an additional step towards achieving Suntory Group’s ambition to eliminate use of all petroleum-derived virgin PET plastic bottles globally by transitioning to 100 % recycled or plant-based PET bottles by 2030. The fully recyclable prototype plant-based bottle is estimated to significantly lower carbon emissions compared to petroleum derived virgin bottle.
“This achievement is the result of over ten years of thorough and painstaking development work by Anellotech’s dedicated employees, together with Suntory and other partners,” said David Sudolsky, President and CEO of Anellotech. “The competitive advantage of Anellotech’s Bio-TCat generated paraxylene is its process efficiency (it uses a single-step thermal catalytic process by going directly from biomass to aromatics (benzene, toluene and xylene)), as well as the opportunity it creates for a significant reduction in greenhouse gas emissions as compared to its identical fossil-derived paraxylene in the manufacture of PET, especially as it generates required process energy from the biomass feedstock itself.”
This technology is one of the latest investments from Suntory in the company’s long history of addressing the social and environmental impacts of containers and packaging. In 1997, Suntory established its “Guidelines for the Environmental Design of Containers and Packaging.” For plastic bottles specifically, it has used its 2R+B (Reduce/Recycle + Bio) strategy to reduce the weight of containers, including labels and caps, and actively introduce recycled or plant-based materials in its plastic bottles used globally. Most significantly, it has created the lightest bottle cap, the thinnest bottle label, and the lightest PET bottle produced in Japan to date.
“Suntory has been entrenched in the work to create sustainable packaging solutions since 1997. This plant-based bottle prototype honors our historic dedication while shining a light, not only on our path to achieving our 2030 fully sustainable PET bottle goal, but also towards our ambition to net-zero greenhouse gas emissions across the entire value chain by 2050,” said Tomomi Fukumoto, COO of Sustainability Management at Suntory Holdings.
This milestone amplifies the great momentum of Suntory’s continuous work on promoting a plastic circular economy, through the development of sustainable materials, adoption of circular processes, investment to pioneer advanced technologies and promotion of behavioral change for consumers. Suntory aims to commercialize this 100 % plant-based bottle as soon as possible to meet its 2030 fully sustainable PET bottle goal.
Moving beyond the traditional annual colour forecast, GNT has launched groundbreaking research that empowers food and beverage brands to devise tailormade solutions for the modern market.
The growth of the personalization and customization trends is fueling demand for products that appeal to shoppers on a deeper level. Building on more than 40 years’ experience, GNT has developed ‘The Power of Colour’ to help brands create colouring solutions that will connect with their target consumers.
The research combines consumer psychology and semiotics to deliver unique insights into how color generates meaning across products, brands, and categories, enabling manufacturers to create powerful stories and stand out in their category.
Maartje Hendrickx, Market Development Manager at GNT, said: “It’s clear that a one-size-fits-all approach to colour is rapidly becoming outdated. As a service provider, innovation has always been in our DNA and this trailblazing project enables us to help customers find the cutting-edge colouring solutions they need to strengthen their market position and reach new audiences.”
Created alongside professional semioticians, The Power of Colour explores the many ways in which colour sends out messages on a conscious and subconscious level.
For an inside-out perspective, it uses psychology to explore consumer motivations. It examines the tensions that drive product and brand choices, such as the desire for pleasurable yet permissible food and drink.
The second phase uses semiotics to provide an outside-in perspective, showing how colour can help to deliver on these motivations and needs.
Colour codes and cues create a variety of meanings across different cultures, categories, and situations. For example, colour can indicate how to navigate situations and guide decision-making, as in the case of food nutrition labels. It can also signal personal identity, whether through fashion, cosmetics, or even food and drink. Colours evoke moods and emotions, too – red is seen as an energizing shade, for instance, while yellow is associated with joy.
Together, these two perspectives allow brands to build a comprehensive understanding of how colour can be used to cater to different consumer needs and create a compelling narrative.
Jill Janssen, GNT’s Power of Colour lead, said: “Colour can send out any number of messages about brands and products. It might signal a moment of blissful escapism, tell stories about origins and process, showcase powerful ingredients, or help to highlight healthy formulations. The Power of Colour helps brands think about colour in a new way, delving deeper than ever before into its cultural power while also exploring the psychology behind colour trends.”
ADM, a global leader in nutrition and agricultural origination and processing, announced that it has completed its acquisition of Sojaprotein, a leading European provider of non-GMO soy ingredients. The addition represents a significant expansion of ADM’s global alternative protein capabilities and its ability to meet growing demand for plant-based foods and beverages.
Established in 1977, Serbia-based Sojaprotein exports into 65 countries, offering a wide range of non-GMO vegetable protein ingredients for an extensive list of European and global customers in the meat alternative, confectionary, protein bar, pharmaceutical, pet food, and animal feed segments. The company achieved more than $100 million in sales in 2020.
The addition of Sojaprotein to ADM’s portfolio is the latest significant investment as the company continues to grow in alternative proteins; other additions include the company’s soy protein complex in Campo Grande, Mato Grosso do Sul, Brazil; its new pea protein plant in Enderlin, North Dakota; its PlantPlus Foods joint venture; and partnerships with innovative startups like Air Protein.
At its meeting on 1 December, the Supervisory Board of Symrise AG once again extended the contract of Chief Executive Officer Dr Heinz-Jürgen Bertram ahead of schedule. With his confirmation in office until the end of 2025, Symrise is preserving its customary continuity and long-term management approach. Dr Bertram will continue as CEO of Symrise AG for a further three years and will drive forward the profitable growth course of the Group.
“Dr Heinz-Jürgen Bertram has been leading Symrise AG confidently and successfully for more than ten years now. With his entrepreneurial vision, he has further diversified the product portfolio, tapped into high-growth markets and new customer groups, and most recently sovereignly steered the Group through the pandemic. Under his leadership, Symrise AG has developed into one of the 40 largest publicly listed companies in Germany. After 14 successful years in the MDAX, the Company was promoted to the DAX, Germany’s leading index, this year,” said Michael König, Chairman of the Supervisory Board. “This track record demonstrates once again that Dr Bertram enjoys a high level of trust on the capital market as well as among customers and employees. We are delighted to have won him over for another three years as CEO and to continue our successful and trusting cooperation in the upcoming years.”
By 2025 Symrise intends to drive forward its expansion in high-growth business areas as well as the further development of its own base of natural raw materials with targeted investments. The Company is targeting sales of € 5.5 to € 6 billion by 2025. Organic growth is expected to be between 5 and 7 %. With its favorable product mix and efficiency enhancements, Symrise aims to generate an EBITDA margin in the range of 20 to 23 %.
Dr Heinz-Jürgen Bertram (born in 1958), who has a doctorate in chemistry, has performed in various management functions at the Bayer Group, the Haarmann & Reimer Group and Symrise since 1985. Since 2003, he has held several senior positions with Symrise, and was appointed to the Executive Board in 2006. Since August 2009, he heads the Company’s business activities as CEO.
Donaldson Company, Inc., a leading worldwide provider of innovative filtration products and solutions, announced it acquired Solaris Biotechnology Srl. Solaris designs and manufactures bioprocessing equipment, including bioreactors, fermenters and tangential flow filtration systems for use in food and beverage, biotechnology and other life sciences markets. Solaris’ product portfolio ranges from benchtop systems for research and development to pilot and commercial-scale manufacturing systems.
Solaris was founded in 2002 and is headquartered in Porto Mantovano, Italy, with US operations based in Berkeley, CA. The Company has approximately 30 employees. Donaldson acquired Solaris for approximately €41 million. Calendar year 2021 revenue is projected to be approximately €5 million and will be reported within the Donaldson Industrial Filtration Solutions business in the Industrial Products segment.
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