Ingredients supplier BENEO has invested about €30 million to increase the global production of prebiotic chicory root fibre to meet the rising consumer demand. This involves an investment program that expands the capabilities of its facilities located in Pemuco, Chile and Oreye, Belgium. Utilised in the food and feed industry, products that contain chicory root fibre inulin is estimated to reach value worth $11.84 billion by 2028. Inulin and oligofructose, both found in chicory root fibre, … [Read more...] about BENEO expands production of prebiotic chicory root fibre
Factory Talk
IFF makes $87 million investment in Indonesia facility
Ingredients company IFF has invested in extending their existing flavors manufacturing facility in Karawang, Indonesia. Spending about $87 million, this new plant is the largest in Greater Asia and covers 12,800 square meters of land. It was established in 2015 to address the need for flavor technology in the region. Now, the newly extended facility houses state-of-the-art and modern technology for powders, emulsions and spray drying. It also serves as a warehouse and quality control takes … [Read more...] about IFF makes $87 million investment in Indonesia facility
ADM’s acquisition of Deerland Probiotics & Enzymes set
In ADM’s latest investment moves, the company will be acquiring Georgia-based Deerland Probiotics & Enzymes. This is in line with its strategic campaign to expand current product offerings of health and wellness products. Customers of today are, more than ever, prioritizing health and well-being, showing a growing demand for nutritious food, beverages and supplements. The acquisition is set to be completed in the coming weeks. Deerland focuses on probiotic and dietary supplements. The … [Read more...] about ADM’s acquisition of Deerland Probiotics & Enzymes set