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Golden Agri-Resources delivers a robust performance in the first half of 2022 amidst industry volatility

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Golden Agri-Resources delivers a robust performance in the first half of 2022 amidst industry volatility

August 15, 2022 by Asia Food Journal

Golden agri-resources

Golden Agri-Resources Ltd ("GAR" or the "Company") continued to perform robustly during the first semester of 2022, delivering a strong set of results amidst increased volatility in the industry.  EBITDA reached US$807 million, a 54 percent increase year on year. Underlying profit and net profit were also strong at US$407 million and US$390 million, respectively. This performance was achieved on the back of a 23 percent year-on-year increase in revenue to almost US$5.5 billion, mainly … [Read more...] about Golden Agri-Resources delivers a robust performance in the first half of 2022 amidst industry volatility

Other Topics: EBIDTA, GAR, Golden Agri-Resources, palm oil, Vegetable Oil

Kalsec® Partners with Infinome™ Biosciences to Sustainably Develop & Manufacture Precision Fermentation Products

August 12, 2022 by Asia Food Journal

Kalsec

Infinome™ Biosciences, a next-generation biomanufacturing company, and Kalsec® Inc, a leading global producer of natural spice and herb extracts for the food and beverage industry, today announced a new partnership to develop and commercialize multiple precision fermentation products. The partnership will deliver naturally produced, highly innovative ingredients with superior quality and consistency, in the most sustainable way possible. Infinome’s GenoScaler™ is a proprietary, … [Read more...] about Kalsec® Partners with Infinome™ Biosciences to Sustainably Develop & Manufacture Precision Fermentation Products

Other Topics: CRISPR, Infinome Biosciences, Ingredients, Kalsec, Precision Fermentation, sustainability

ProfilePrint closes series A1 with Cargill, bringing five of the world’s largest food ingredient corporations together as investors

August 12, 2022 by Asia Food Journal

ProfilePrint

This will accelerate the company’s vision of establishing ProfilePrint’s digital fingerprint as a global standard for the industry. SINGAPORE, 11 AUGUST 2022 – Singapore’s ProfilePrint, a pioneering solutions provider to grade food ingredients using A.I. technology, has added U.S.-based Cargill (one of the world’s leading global food suppliers) to its panel of strategic shareholders through its Series A funding round.  To date, the other strategic shareholders are Louis Dreyfus … [Read more...] about ProfilePrint closes series A1 with Cargill, bringing five of the world’s largest food ingredient corporations together as investors

Other Topics: Cargill, food fingerprinting, food technology, Ingredients, ProfilePrint, sustainability, Venture Capital

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