Brenntag (ISIN DE000A1DAHH0), the global market leader in chemicals and ingredients distribution, today presented financial results for the first quarter of 2024 below the Group’s ambitions. Brenntag’s performance in both divisions was impacted by a challenging market environment as well as pricing pressures in various markets and industries. The encouraging sequential recovery of volumes, especially in the Essentials division, could not fully offset the lower sales prices, as … [Read more...] about Brenntag reports first quarter 2024 results, impacted by challenging market environment – Group expects to benefit from improving conditions in second half of 2024
Industry
The Pure Food Co takes out international food innovation award
Nutrition technology company The Pure Food Co has taken out the Innovation of the Year category at the Asia Pacific Eldercare Innovation Awards in Singapore, recognising the best food and nutrition system on the market developed to improve the health of older people. The Pure Food Co, which was founded in 2013 to nourish the world’s seniors, was recognised for the development of a nutritional system to improve the health of aged care residents and hospital patients in Australia, New … [Read more...] about The Pure Food Co takes out international food innovation award
AB Food & Beverages (Thailand) and Jebsen & Jessen forge strategic partnership to expand malt distribution across South East Asia
This strategic partnership will see Jebsen & Jessen Ingredients become the primary distributor for AB Food & Beverages (Thailand)’s malt products Singapore, 9 May 2024: Jebsen & Jessen Ingredients (JJING), the ingredients business unit of diversified industrial conglomerate Jebsen & Jessen Group, and AB Food & Beverages (Thailand) (ABFT), a subsidiary of Associated British Foods Plc, have forged a strategic partnership to expand malt distribution across South East Asia. … [Read more...] about AB Food & Beverages (Thailand) and Jebsen & Jessen forge strategic partnership to expand malt distribution across South East Asia