Sustainability
-
Evonik invests US$27.3M to upgrade German methionine intermediates plant
GERMANY-Evonik, a world leader in specialty chemicals, has invested €25M (US$27.3M) in developing and expanding its methyl mercapto-propionaldehyde (MMP) production plant, an organic compound that…
-
ADM reports 60% jump in full-year profits, forecasts strong crush margins and high demand in 2023
USA- Archer-Daniels-Midland Co, (ADM), a major U.S. grains merchant, has posted an annual net income profit of US$4.34 billion, a record 60% jump when compared…
-
Gavin Hudson resigns as Tongaat Hulett CEO amid delayed business rescue plan
SOUTH AFRICA-Gavin Hudson has resigned as CEO of Southern Africa’s biggest sugar group Tongaat Hulett effective February 28 adding another blow to the company’s business…
-
South African prices for frozen potato chips set to fall as anti-dumping duties lapse
SOUTH AFRICA-The anti-dumping tariffs on French fries placed on three European countries by the International Trade Administration Commission of South Africa (Itac) have lapsed creating…
-
Nambu Group secures funding to upgrade and expand alternative protein production facilities
SOUTH AFRICA- Nambu Group, a speciality in converting food waste into high-value protein feed has secured funding from South African Impact investor E Squared Investments…