Archives for August 23, 2016

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EU food and drink production rises in Q1 2016

By Niamh Michail

Food and drink production in Europe increased by a modest 0.5% in Q1 2016, bucking the downward trend of the previous quarter, according to data from industry group, FoodDrinkEurope.

UAE sends food worth $4bn to landfills each year

By RJ Whitehead

Homes and restaurants in the UAE toss out food worth an estimated AED14.7bn (US$4bn) each year, according to the Emirates Environmental Group. The waste is then dumped in the country’s landfills where capacity is shrinking.

Saikexing secures $125m to expand in China

By Jim Cornall

China’s number four dairy farming firm Saikexing has secured a $125m loan to reduce environmental pollution, improve food safety, and expand the supply of milk within China.

Americana saga ends after Alabbar’s Adeptio pulls out

By RJ Whitehead

The on-again-off-again sale of a majority stake in Kuwait Food Co, otherwise known as Americana, to a Gulf-based consortium has been scrapped by the Al Kharafi family, bringing to an end months of negotiations over a deal worth billions of dollars.

Mezzan buys majority stake in Saudi’s Al Safi for $24m

By RJ Whitehead

One of the Gulf’s biggest food and beverage companies has completed the acquisition of 70% of Al Safi Food, effectively granting it a local platform to manufacture and distribute food and beverage products in the Kingdom. 

New name would 'improve consumer understanding and promote clear food labeling' says Unilever

Unilever, CSPI support NuTek potassium salt petition, but the Salt Institute urges FDA to reject it ‘in the strongest terms’

By Elaine Watson

Unilever and The Center for Science in the Public Interest (CSPI) have both voiced their support for a citizen’s petition asking the FDA to permit ‘potassium salt’ as an alternate name for potassium chloride on food labels, while the Salt Institute has...

India: Punjab planning 'state-of-the-art' pork facility

By Oscar Rousseau

The government of India’s semi-autonomous Punjab region is planning to build the country’s most advanced pig-processing facility as India’s consumption of pork and reliance on meat imports both continue to rise.