Archives for August 1, 2017

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Cook County soda tax due to take effect today

By Mary Ellen Shoup

A penny-per-ounce Sweetened Beverage Tax in Cook County, Illinois, goes into effect today after a temporary restraining order on the levy was dismissed in Cook County Circuit Court. However, retailers have announced they will continue their fight against...

Impossible? A plant-based burger just won $75m

By Oscar Rousseau

Start-up Impossible Foods has secured a “significant” $75m cash injection from investors, including Bill Gates and a Facebook founder, who now back a revolutionary plant-based burger that bleeds.

Unilever's spreads arm attracts PE suitors

By Katy Askew

The race is heating up for Unilever’s spreads business, which includes brands such as Flora and I Can’t Believe It’s Not Butter, with a number of bids purportedly coming in from private equity interests.

Global Re-Fuel develops new poultry biomass furnace

By Aidan Fortune

Energy technology company Global Re-Fuel has developed a new chicken litter-fuelled biomass furnace that is designed to improve poultry health and farmers’ operating margins by more than $15,000 a year per broiler house. 

Cargill hatches plan to improve turkey health

By Oscar Rousseau

Commodities trader Cargill is spending $7m to modernise its Harrisonburg, Virginia site, used to incubate and hatch more than 23 million turkey eggs per year. 

Devro aims for future growth in China

By Aidan Fortune

Asian and Russian market growth proved to be profitable for casings manufacturer Devro in the first half of the year, but China has been tipped by the business to be the source of future success.