WORLD NEWS
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Building Centennial Brands: lessons from German flour specialist Mühlenchemie
GERMANY – Flour treatment specialist Mühlenchemie is turning 100 years old this year, a milestone not many companies get to achieve in their entire lifetime.…
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India export prices stay high on strong demand as local supplies dry up
INDIA – Rice export prices from India have hit their highest level since April 2021, benefiting from firm demand, stretched supplies, and elevated rates in…
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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…
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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…
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Scoular debuts new name for food ingredients business to showcase capabilities in providing innovative ingredients to customers
USA — American commodity trading company Scoular has renamed its food ingredient business: Scoular Food Innovation in an effort to showcases its capabilities in providing…