Cooking Oil News
- March 2022: Alfa Laval acquired Desmet, a well-known player in the engineering and supply of processing facilities and technologies for the edible oil and biofuel sectors. Desmet was a division of the Desmet Ballestra Group. The acquisition strengthened Alfa Laval's position in the field of renewable energy and helped the company expand its range of edible oils.
- November 2021: Cargill acquired an edible oil refinery located in Nellore in Andhra Pradesh. Cargill's investment to acquire and upgrade the facility will significantly expand its edible oil production capacity and footprint in southern India and strengthen its existing supply chain to meet growing customer demand.
- November 2021: To build the new facility in the HoogTij industrial district of the Port of Amsterdam, Bunge announced its plans to invest more than EUR 300 million (USD 343 million) for the expansion project. According to the company, it was a crucial step in leveraging Bunge's asset footprint in Europe and was expected to help the company achieve more operational flexibility and efficiency. With the help of the new facility, the company aims to offer a wider range of cutting-edge culinary oils and fats made from sustainably harvested plants, better positioning its brand to satisfy growing consumer demand.
Related Food Ingredients and Food Additives Industry News
- August 2024: Tate & Lyle launched Optimizer Stevia 8.10, a new stevia formulation designed to provide manufacturers with a budget-friendly sweetener alternative. Optimizer Stevia 8.10 closely mimics the taste of sugar, even at elevated sugar replacement ratios. This stevia variant is more economical, delivering enhanced value over other premium stevia sweeteners.
- June 2024: Azelis, a prominent player in the specialty chemicals and food ingredients sector, signed a distribution agreement with BASF. BASF is known for developing sustainable, high-quality nutritional ingredients. Effective immediately, Azelis will distribute BASF's range of emulsifiers, Medium-Chain Triglyceride (MCT), phytosterol ester, and Conjugated Linoleic Acid (CLA). These ingredients are primarily used in bakery products, beverages, and nutritional enhancements for both the retail and food service sectors.
- June 2024: Azelis, a leading innovation service provider in the specialty chemicals and food ingredients sector, announced a new distribution agreement with Tate & Lyle. This partnership offers healthier ingredient solutions for food and beverages, targeting customers in Türkiye.
- July 2023: Camlin Fine Sciences Ltd. (CFS) launched its vanillin premium product—adorr in North America.
- June 2023: Solvay unveiled the names of the two independent, publicly traded companies, Solvay and Synesqo. Synesqo is the new name of its specialty company, which provides a wide range of solutions to different industries.
- June 2023: Merck expanded its production capacity for highly purified reagents at its site in Nantong, China, a central Yangtze River Delta transportation hub. The approximate € 70 million investment allows large-scale manufacturing of high-purity reagents for quality control and testing for biopharma customers, increasing annual output by several thousand tons.
- November 2023: Excel Vite Inc. launched a revolutionary pet supplement, EVFurryAid PRO, at the Federation of Asian Veterinary Associations (FAVA) Congress 2023. EVFurryAid PRO is a natural health ingredient containing combinations of ProVitamin A carotenoids, vitamin E tocotrienols, phytosterols, and other nutrient components of palm oil, with no preservatives added.
- October 2023: Kensing LLC acquired Advanced Organic Materials (AOM), a maker of natural vitamin E, mixed tocopherols, and phytosterols with facilities in Spain and Argentina. The company claimed that this acquisition marked an opportunity for both companies to leverage their combined capabilities to enhance performance and expand their geographic presence.
- August 2023: Archer Daniels Midland Company expanded its footprint in the Chinese pet market with the introduction of its Ganador, Minino, and Protexin brands. The brand Minino offers a wide range of pet food products that are fortified with various ingredients, including vitamin E.
- April 2024: InnovaFeed, a producer of insect ingredients for high-quality animal feed, pet food, and plant nutrition, inaugurated its North American Insect Innovation Center (NAIIC) in Decatur, Illinois. This pilot plant is the first step of the company’s planned industrial expansion in North America. The company aims to scale up the production and commercialization of insect protein in the US.
- January 2024: Danish pet food and treat startup Globe Buddy introduced a super-premium dog food, Globe Buddy Brown, incorporating insect-derived protein. The insect protein used in Globe Buddy Brown is claimed to be sourced from black soldier fly larvae supplied by the Danish insect protein producer Enorm.
- April 2023: MiAlgae, a biotech company, launched its omega-3 product NaturAlgae, targeted at the fish feed and pet food sectors. NaturAlgae is a dry powder with a high concentration of DHA and other oils that can be supplemented into aquafeed and pet food formulations.
- February 2023: Kerry Group partnered with Caldic BV and Azelis Group to distribute Kerry products to selected customers across Europe. Caldic BV operates in South Europe, the UK, Ireland, and the Nordics, while Azelis operates in Germany, Switzerland, and Eastern Europe within the food, beverage, and meat sectors.
- March 2024: Gaia Herbs launched a new line of postbiotics fermented from traditional superfoods such as turmeric, ginger, and kimchi. The company has plans to target the gut health market with these products, designed to provide beneficial bacteria and prebiotics for improved digestion and immune system function.
- March 2024: Spirulina Mater expanded its presence in the United States with the launch of a spirulina-based superfood through Walmart.com.
- February 2024: Inka's Berries, a Peruvian-based company, launched two new blueberry varieties, Abril Blue+ and Alessia Blue+. According to the company, both varieties offer a post-harvest shelf life of over 70 days and a sweet taste.
- October 2023: Aduna launched advanced superfood blends developed in collaboration with a nutritionist to enhance daily health while offering specific targeted assistance in five key areas, including Mind, Beauty, Energy, Digestion, and Super-Greens.
- October 2022: To meet and exceed customer demands for sustainable ingredients, Ingredion Incorporated collaborated with HowGood, a SaaS data platform with the largest food and personal care product sustainability database. This partnership will provide data transparency on Ingredion's top products and new product innovations, which, combined with Ingredion's aim of sourcing 99% of its global crop supply sustainably by 2025, will provide customers with sustainable solutions that consumers favor.
- July 2022: The US sweetener producer Sweegen introduced a new liquid stevia line, Bestevia LQ, at IFT FIRST, the Institute of Food Technologists meeting and exposition in Chicago. The sweeteners are intended to lower sugar in products, including concentrated fruit/flavored syrup, confectionary, liquid sweeteners, dessert toppings, and carbonated soft beverages.
- March 2022: Cargill announced its strategy of sweetening stevia products with the commercial availability of its EverSweet + ClearFlo technology. According to the company, combining Cargill's stevia sweetener with a natural flavor, the new sweetener system provides multiple benefits, including flavor modification, faster dissolution, and improved solubility and stability in formulations.
- May 2022: Perfect Day Foods, a California-based food technology startup making whey and casein proteins using precision fermentation, expanded its footprint in animal-free products by investing both in India. The company launched a new Enterprise Biology Hub in Salt Lake City and also announced its plans to expand in India with a liquidation buy-off of Mumbai-based Sterling Biotech, acquiring two manufacturing plants in Gujarat and another in Tamil Nadu.
- August 2022: New Zealand dairy giant Fonterra and bioscience company Royal DSM, have launched a precision fermentation startup to create sustainable dairy proteins, including whey proteins.
- June 2022: NZMP, Fonterra's global ingredients and solutions brand, announced the launch of Pro-OptimaTM, a Grade A functional Whey Protein Concentrate (fWPC) including significant casein content, with Tillamook County Creamery Association (TCCA) and Three Mile Canyon Farms in a joint venture called Columbia River Technologies (CRT).
- August 2020: AFFCO's Renco invested multi-millions of dollars in increasing their rennet production capacity. The company has partnered with The Cheese Connection, a distributor that supplies Renco's rennet to the United States. The expansion had doubled the company's production capacity of rennet, which in turn strengthened its relationship with The Cheese Connection.
- January 2020: PunatureFood Ingredient Co. Ltd. started the production of chymosin, also known as rennin, in their China manufacturing unit.
- November 2019: DSM announced its acquisition of specialty dairy solutions provider Koninklijke CSK Food Enrichment CV in a deal worth around EUR 150 million. CSK's modernized dairy application center in Food Valley, Wageningen, will be included in the deal. With its high-tech fermentation plant in Leeuwarden, it will also become part of DSM's global production network.
- March 2022: Alfa Laval acquired Desmet, a well-known player in the engineering and supply of processing facilities and technologies for the edible oil and biofuel sectors. Desmet was a division of the Desmet Ballestra Group. The acquisition strengthened Alfa Laval's position in the field of renewable energy and helped the company expand its range of edible oils.
- November 2021: Cargill acquired an edible oil refinery located in Nellore in Andhra Pradesh. Cargill's investment to acquire and upgrade the facility will significantly expand its edible oil production capacity and footprint in southern India and strengthen its existing supply chain to meet growing customer demand.
- November 2021: To build the new facility in the HoogTij industrial district of the Port of Amsterdam, Bunge announced its plans to invest more than EUR 300 million (USD 343 million) for the expansion project. According to the company, it was a crucial step in leveraging Bunge's asset footprint in Europe and was expected to help the company achieve more operational flexibility and efficiency. With the help of the new facility, the company aims to offer a wider range of cutting-edge culinary oils and fats made from sustainably harvested plants, better positioning its brand to satisfy growing consumer demand.
- In October 2021, Omega-3 concentrates supplier GC Rieber VivoMega announced its plans to expand production facilities and storage tanks to accommodate more ingredients in the upcoming years.
- In September 2021, KD Pharma Group introduced Alga3, a sustainable, vegan omega-3 solution. KD Nutra's superior technology and production flexibility allow for a wide range of omega-3 concentrates. This means the company can customize the EPA and DHA ratio on customer needs, and for any kd-pür fish oil, there is a matching Alga3 plant-based solution.
- In May 2021, AlgaeCytes Limited announced plans to build its first commercial plant in Dessau, Saxon-Anhalt, Germany. The plant will be owned and operated by the Company's German subsidiary, AlgaeCytes Germany GmbH.