With new European laws on single-use plastics, many companies are thinking of ways to meet such regulations and provide environment-friendly alternatives. One of which is J&J Green Paper, who has forged an agreement with Cerax, a supplier of specialty waxes. The former will invest in Cerax’ South Africa facility to roll out an all-natural moisture-proof solution for paper and paper packaging. The plant, located in Johannesburg, can currently produce 24,000 metric tons of specialty … [Read more...] about J&J Green Paper partners with Cerax for eco-friendly packaging
Asia Food Journal
Mori secures Series B1 funding for shelf-life extension solutions
Food tech company Mori has successfully raised $50 million Series B1 funding to further develop and expand its shelf-life extending product line. This round was led by Prelude Ventures and included previous investors The Drawdown Fund, Acre Venture Partners, The Engine, Refactor Capital, Blindspot, Closed Loop Partners, Knollwood Investment Advisory as well as new investors Collaborative Fund and Thia Ventures. This additional capital will help the supplier meet its goal of reducing waste and … [Read more...] about Mori secures Series B1 funding for shelf-life extension solutions
Ajinomoto enters into strategic partnership with SuperMeat for cultivated meat
Food and biotech company Ajinomoto has announced it will invest in SuperMeat as a corporate venture capital project. This partnership aims to tackle ongoing food and health issues by creating and validating viable production and value chain solutions for cell-cultured meat. The market is expected to grow by $25 billion by 2030, which means that there’s a push for players in the industry to scale rapidly. They are planning to establish an open platform that will enable for the … [Read more...] about Ajinomoto enters into strategic partnership with SuperMeat for cultivated meat
