India, which vies with Brazil as the top sugar producer, increased the minimum selling price of the sweetener by 6.9 percent to help mills pay farmers on time.
Tate & Lyle aims to assess the sustainability of the stevia sweetener supply chain via a new research project launched in collaboration with its stevia partner Sweet Green Fields.
World sugar prices are forecast to rise this year with the market swinging into deficit in the 2019/20 season, a Reuters survey of 10 analysts and traders showed on Monday.
Malaysia aims to double the palm oil content in biodiesel used for the transport sector to 20% next year, as Southeast Asia’s third-largest economy looks to cut record stockpiles and boost prices, a government minister said on Tuesday.
Israeli-based Algatechnologies has launched AstaPure Arava, an all-natural, algae complex that contains naturally occurring constituents of the Haematococcus Pluvialis algae.
Some of the world’s major palm oil users, including Nestle, Unilever, and Mondelez, are trying out new satellite technology to track deforestation, as pressure grows on them to source the ingredient responsibly.
Frutarom Natural Solutions Ltd., a division of International Flavors & Fragrances Inc. (IFF), has received organic certification for its natural annatto color.
As acrylamide fast becomes a significant concern for the food industry, Kerry has partnered with Renaissance BioScience Corp to launch Acryleast, a targeted solution for acrylamide reduction.
Suedzucker said on Tuesday it planned to cut capacity and close sugar production plants to save about 100 million euros (87 million pounds) a year following a slump in sugar prices.
Average palm oil prices are set to climb this year, a Reuters poll showed, buoyed by slowing output-growth in top producer Indonesia and by robust demand for the commodity which is used to churn out products ranging from chocolate to biofuels.
