McDonald’s has reported a difficult year, as shown in its recent quarterly earnings release — but there are signs of improvement. Total sales dropped 30% in Q2, compared to a year ago, falling to USD3.77bn. Net income plummeted 68%, to…
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Gary McGann, chairman of Aryzta AG, unveiled in a recent letter to shareholders that he plans to step down from his post after the company’s extraordinary general meeting set for September 16 unless, prior to the date of the meeting, Aryzta…
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CakeRush, an industry leader in delivering sweet treats across Malaysia, has now announced its expansion into the Philippines. CakeRush's array of offerings include cakes, cookies, brownies, and unique cakes that come inside of a can; all…
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Greggs has reopened a Birmingham branch as a Click and Collect bakery store. The bakery giant has given its 130 High Street store the green light to re-open with some big changes.
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Tate & Lyle recently announced the launch of a set of sweetener solution design tools, which, together with an education program, are meant to help formulators create sugar-reduced food and drink using low-calorie sweeteners.
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Cybake's creator, RedBlack Software, recently announced it has signed a partnership agreement with artificial intelligence pioneer CatsAI. The deal is thought to be a world-first between a developer of software for commercial bakers and a…
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AIB International has launched the Pandemic Prepared Certification. This is the first certification standard created for the food and beverage supply chain that elevates critical planning for people, facilities and production inputs, while…
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The oldest flour company in the US has changed its name, becoming King Arthur Baking Company. The rebrand of King Arthur Flour and the new logo, which features a wheat crown, celebrates the brand’s commitment to baking.
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BENEO has announced a 50% production capacity increase at its Wijgmaal facility to cater to rising customer demand for its rice starches. A two-stage expansion process valued at EUR50m will lead to increased capacity by March 2022.
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Ingredion Incorporated recently announced the completion of its rice manufacturing expansion in Banglen, Thailand. This is a part of the company’s planned ongoing investments to grow its specialty food ingredients business to further…
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From July 2020, celebration cakes produced at the Finsbury’s Hamilton Celebration Cake site will be manufactured completely nut-free, both in terms of product ingredients and preparation space. The business has undertaken a large-scale…
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Royal DSM and Avril, France's fourth-largest agro-industrial group, recently announced the launch of their joint venture, Olatein, to produce canola (rapeseed) proteins for the global food market. One year after announcing their intention…
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Dunkin' is set to permanently close 450 locations throughout the US by the end of this year. The stores, however, are all located in Speedway gas stations. The closure announcement follows the termination of the coffee chain's partnership…
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Aryzta is reopening baking plants across the world, but keeping costs under control “to the maximum extent possible” remains a key priority for the Swiss-based company, as shown in a revenue and liquidity update. Aryzta said it continues to…
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With the recent move to its new commercial premises, machine factory Verhoeven from Oss has realized a long-awaited transition to “Verhoeven Family of Companies”, to strengthen its market position. The new designation highlights the…
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Puratos recently announced the opening of four new African subsidiaries to further establish their local presence in key countries, to strengthen the customer relationship, localize production as well as develop new products and concepts…
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Grupo Bimbo prepaid USD400m of its committed revolving credit facility, maturing on October 7th, 2023. On March 25, 2020 the Company announced the disposal of USD720m of its committed revolving credit facility, from which USD200m will be…
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To help the food industry meet the growing demand for chocolate products in the Asian market, Cargill is partnering with a local manufacturer in western India, to launch its first chocolate manufacturing operation in Asia. The facility is…
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