Algatech Opens US Subsidiary, names Seguine as new US Head
Israeli microalgae experts Algatech has opened Algatech Inc., a New York City-based subsidiary, and appointed industry veteran Ken Seguine to lead the new operation.
Archives for June 15, 2017
Ocean's Balance to showcase kelp puree at IFT 2017
Maine-based Ocean’s Balance is unveiling a new kelp purée at the IFT show in Las Vegas this year, where it will showcase a series of dishes made with the calcium-, iron-, and folate-packed ingredient.
A 10% fruit and vegetable subsidy can save lives, new study finds
Fruit and vegetable subsidies can literally save lives, according to researchers at the University of Liverpool, who analysed how different food policy models may reduce deaths caused by cardiovascular disease in the US.
American Bakers Association applauds FDA for delaying nutrition facts label rule
Robb MacKie, president of American Bakers Association (ABA), said a “more reasonable” timeline for the implementation of the FDA’s nutrition facts label will help bakers.
'Amazon has moved squarely onto the turf of traditional supermarkets and poses a much more significant threat,’ says analyst as ecommerce giant pays $13.7bn for Whole Foods
While TABS Analytics founder Dr Kurt Jetta argues that Amazon is effectively ‘raising the white flag’ when it comes to food e-commerce by coughing up $13.7bn to buy a bricks & mortar retailer (Whole Foods), most analysts are predicting that over the...
Dow-DuPont merger wins US antitrust approval
Dow and DuPont have won approval from the competition authority in the US to complete a $130bn merger upon condition that they divest a string of assets, including chemical products used for food packaging.
Nestlé to cut back on US confectionery category due to low market share
The group said it may even sell one of its confectionery businesses by the end of 2017 to boost its efforts in other categories where it has a stronger presence.