Process industries
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Oghma Partners‘ latest report into M&A activity highlights a continued surge in the UK food and beverage sector with the total deal volume increasing in 2023 to 116 deals compared to 74 deals in the prior year (up by 57.0%). Total deal value also increased with an estimated c. 20.0% value increase in 2023 at…
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ADM has announced that it is expanding its traceable soybean pilot after shipping its first vessels of verified, fully traceable soybeans from the US to Europe. ADM intends to expand these capabilities in the 2024 growing season, particularly with the anticipation of the new EU deforestation regulations becoming effective at the end of the year.…
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Lactalis UK & Ireland is forecasting a year of recovery, premiumisation, and innovation in the cheese category. According to the dairy company, with consumer confidence beginning to rise, monetary policy having its desired effect, and shoppers increasingly seeking out versatile and convenient food products, there’s plenty to be optimistic about in 2024 and beyond. Cheese…
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On behalf of the Snøhvit partners, Equinor has awarded a construction and installation contract to Leonhard Nilsen & Sønner (LNS) to build a tunnel and landfall for the project expected to strengthen Norway’s position as a long-term supplier of gas produced with very low greenhouse gas emissions. The scope of the contract, worth $142.7 million (NOK…
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Gut Lovin’ drinks brand, Hip Pop, has kicked off 2024 with a bang after adding Marks & Spencer to its expanding list of stockists. On the 2nd January, Hip Pop’s functional Living Sodas – in flavours Tropical Peach and Pink Grapefruit – hit the shelves in 52 Marks & Spencer’s Food Halls across the UK.…
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Microchip’s LAN9694, LAN9696 and LAN9698 devices are integrated with high-availability seamless redundancy (HSR) and parallel redundancy protocol (PRP) for ease of design The growth of the industrial automation market encompasses innovative technologies like Machine Learning (ML) and robotic systems. Embedded solutions with deterministic communication are essential for industrial automation applications to control, monitor and process…
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Starfrost now offers an energy comparison service to assist frozen and chilled food manufacturers in managing the ongoing rise in gas costs. This tool helps food processors assess the shift from expensive cryogenic to more affordable mechanical freezing, typically yielding a one to two year return on investment. Starfrost is offering a comprehensive analysis of…
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Masterpress has expanded its research and development (R&D) capabilities at its facility in Białystok, Poland, by integrating a state-of-the-art, full-scale printing press exclusively for R&D purposes. This addition marks a pivotal step for the European provider of printed decorated packaging in its journey towards pioneering the development of sustainable, recyclable packaging solutions in the shrink…
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FoodTech start-up Better Juice is collaborating with Ingredion through its venture investment arm, Ingredion Ventures, to lead a Series A funding round, which will fast-track penetration of its breakthrough sugar reduction solution into the US juice market. Better Juice’s sugar reduction technology removes simple sugars in juice-based beverages, concentrates and other natural sugar-containing liquids. The…
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A 20-head multihead weigher from Ishida Europe has played a key role in the automation of the packing operation for a variety of ready to cook potato products from a leading Slovakian producer, Liptovskà Potravinàřskà. A family business established in 2000 as a supplier of raw potatoes, Liptovskà Potravinàřskà first started to produce peeled potatoes…
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