Bangladesh Mustard Oil News

Related Food Ingredients and Food Additives Industry News

• In 2021, Lycored expanded its line of astaxanthin products by launching an oleoresin created from Haematococcus Pluvialis algae designed for soft gels and a microencapsulated starch beadlet, cold water dispersible microencapsulated solution for beverages, and dry mixes in Branchburg, New Jersey.
• In 2021, AstaReal AB (Nacka, Sweden) introduced its natural astaxanthin to the European pet food and animal feed markets. The ingredient will be under the name Novasta and will create antioxidant-rich products for a range of animals in Nacka, Sweden.
• In 2020, DSM, announced the completion of its acquisition of Erber Group for an enterprise value of EUR 980 million in Heerlen, Netherlands.

• In March 2023, Robertet Group acquired Aroma Esencial, a company based in Girona, Spain. For fractionation and molecular distillation, Aroma Esencial provides a sophisticated industrial tool and various strategic products for the fine fragrance sector.
• In October 2022, Sensient Technologies Corporation opened a new customer and innovation lab in Somerset, New Jersey. The 21,000-square-foot facility was designed to foster collaborative R&D and innovation. The facility serves customers seeking beauty and personal care and savory flavor and extract. The facility's teams will work on innovations and applications in both market segments.
• In October 2022, as part of its global network of research, creative, and application centers, IFF opened the Singapore Innovation Center to integrate the technologies, capabilities, and expertise of its four business divisions: Nourish, Health & Biosciences, Scent, and Pharma Solutions. With almost 11,000 square meters, it is IFF's largest facility in the region.

• March 2023: Wilmar International Ltd (WILMAR) initiated the construction of an edible oil plant located in Richards Bay, KwaZulu-Natal, South Africa. This USD 81 million project encompasses the development of a fractionator, a shortening plant, and a packaging facility. Notably, this endeavor commenced in 2020.
• July 2022: Eni introduced the first vegetable oil production facility for biorefining in Kenya. This venture involved the establishment of an oilseed collection and pressing plant, which marked the inception of vegetable oil production for bio-refineries.
• June 2021: WA Group made a substantial investment of USD 114 million in a processing plant aimed at boosting edible oil production in Ethiopia. This strategic investment enabled the company to cease importing edible oils and, instead, focus on refining crude palm oil sourced from other countries, as well as processing locally cultivated oilseeds such as sesame seeds, peanut seeds, niger seeds, soya beans, and haricot beans.

• October 2022: Cargill, Unitec Foods, and Fuji Nihon Seito Corporation entered into a memorandum of understanding (MoU) to bolster their partnership in innovation and expand their presence in the food ingredient solutions market in Japan and the Asia Pacific region.
• September 2022: Cargill collaborated with the Singapore Economic Development Board (EDB) to inaugurate its inaugural digital business studio in Asia. This studio is designed to support local entrepreneurs with investments aimed at introducing Cargill solutions to the market and expediting innovation within the food and agriculture industry across the Asia-Pacific region.
• May 2022: Kerry Group inaugurated a new EUR 38 million (USD 44.84 million) manufacturing facility in Africa. This expansive 10,000-square-meter plant specializes in the production of nutrition products intended for consumption throughout Africa.
• September 2021: ADM expanded its product portfolio by introducing a range of textured wheat proteins, including Prolite® MeatTEX textured wheat protein and Prolite® MeatXT non-textured wheat protein, diversifying its offerings in the market.

• July 2023: Tate & Lyle unveiled an exciting addition to its sweetener lineup, known as TASTEVA SOL Stevia Sweetener. This groundbreaking innovation, protected by international patents, significantly enhances the company's capacity to assist customers in addressing solubility challenges associated with stevia in the realm of food and beverages. Moreover, it contributes to meeting the growing consumer demand for healthier, more delectable, and lower-calorie sugar-reduced products.
• April 2022: Tate & Lyle responded to the soaring demand for allulose. This rare sugar has gained widespread popularity since the Food and Drug Administration's (FDA) decision to exclude it from the total and added sugars declarations on nutrition facts labels. In a bid to meet this increased demand, the company expanded its allulose production capabilities.
• March 2022: Cargill introduced its innovative line of stevia products, harnessing the power of EverSweet + ClearFlo technology. This cutting-edge sweetener system seamlessly integrates Cargill's stevia sweetener with natural flavors, offering an array of advantages, including the ability to modify flavor profiles, accelerate dispersion, and enhance solubility and stability within various formulations.

• November 2022: Kesar Enterprises Ltd announced the commencement of the co-generation plant and crushing season for the 2022-23 sugar division at Baheri in Uttar Pradesh.
• November 2022: Lakanto, a leading global brand from Saraya Japan, launched a Monkfruit-based sweetener for Indian consumers. The company manufactures natural sweeteners, and in India, the brand is part of Saraya-Mystair Hygiene.
• August 2022: Researchers at the Indian Institute of Technology (IIT) in Guwahati developed a fermentation process that uses ultrasonic to transform bagasse, the waste product of sugarcane crushing, into the safe sugar substitute "Xylitol." The new strategy, according to officials, overcomes the operational limitations of chemical synthesis processes and the time lags brought on by conventional fermentation.
• March 2022: Cargill launched their stevia products using the EverSweet + ClearFlo technology. This brand-new sweetener solution, which mixes a natural flavor with Cargill's stevia sweetener, has a number of benefits, such as flavor modification, quicker dispersion, and better solubility and stability in formulations.
• February 2021: Dupont's Nutrition & Biosciences merged with International Flavors & Fragrances Inc., a company that offers food additives, including sweeteners, in the Indian market. The combined company could continue to operate under the name IFF. The complementary portfolio gives the company leadership positions in taste, texture, scent, nutrition, enzymes, cultures, soy proteins, and probiotics.

• In September 2021, Comvita Ltd announced a strategic partnership with Caravan, a joint venture with entertainment and sports agency, Creative Artists Agency (CAA). The new partnership with Caravan will help increase consumer awareness about the benefits of Mānuka Honey and Propolis by forming a celebrity-backed lifestyle brand using the natural healing properties of Mānuka Honey and Propolis for topical use.
• In March 2021, Innovations in Nutrition + Wellness (INW) announced that it had acquired Bee Health, the United Kingdom's leading developer and manufacturer of nutritional supplements. INW and Bee Health's highly complementary product capabilities and geographical scope will further enhance the services provided to brand partners.
• In March 2021, Comvita officially opened of its state-of-the-art Wellness Lab experiential space in the Viaduct, Auckland.

• In August 2022, LG Chem and ADM partnered to expand lactic acid products in South Korea. The firms intend to produce about t150,000 tons of high-purity, corn-based lactic acid and 75,000 tons of polylactic acid annually. These ingredients produced by the firms are ideal for applications in plant-based solutions.
• In June 2021, International Flavors and Fragrances (IFF) launched YO-MIX ViV, a lactic acid bacteria culture for products such as ambient yogurt and other fermented drinks. The product targets the Asia-Pacific audience, focusing significantly on China.
• In April 2021, Total Corbion PLA, a 50/50 joint venture between Total and Corbion, started the front-end engineering design stage for its new 100,000-ton-per-year poly lactic acid (PLA) factory in Grandpuits, France. The facility will be the first of its kind in Europe when it opens in 2024. Total Corbion PLA would become the global market leader in PLA, well positioned to meet the constantly increasing demand for Luminy PLA resins.

• Nov 2022: Tate & Lyle launched a new sweetener, Erytesse erythritol. It announced that through a strategic partnership distribution agreement with a leading supplier of erythritol, this addition would expand its ability to help customers deliver on consumer demand for healthier and sugar and calorie-reduced products.
• Oct 2022: International Flavors and Fragrance Inc. invested USD 30 million to expand its regional footprint in Singapore. The Nourish, Health & Biosciences, Scent, and Pharma Solutions business divisions are all integrated into the new Singapore innovation center. It is the largest IFF property in the area at almost 11,000 sq m.
• Sept 2022: Royal DSM signed an agreement to acquire First Choice Ingredients, a leading supplier of dairy-based savory flavorings, for an enterprise value of USD 453 million. First Choice Ingredients develops clean-label, fermented dairy and dairy-based savory flavorings for taste and functional solutions across various applications.

• March 2023: Archer Daniels Midland Company announced the launch of the Knwble Grwn brand to provide consumers with wholesome, plant-based food ingredients that are sustainably sourced.
• March 2022: Roquette invested EURO 25 million (USD 27.6 million) in liquid and powder sugar polyol to bolster its position in the polyol market at the site in Lestrem in North East France.