Worldwide food prices continued to fall for three straight months, according to the latest United Nations Food and Agriculture Organization (FAO). Global food prices reached historic highs in March, but the recent report from the UN FAO show improvements. While still above the past year’s data, the FAO food price index, which tracks the changes in the basket of food commodity prices, fell by 2.3 percent in June compared to May. The drop in prices was stirred by an overall reduction … [Read more...] about UN Food and Agriculture Organization reports global food price reduction
Market Trends
Cloud-based food and beverage software platform to power Philippine expansion with $5m Series A
Mosaic Solutions to use funding to enable tasteful digital transformation of food and beverage sector across the country PHILIPPINES: Manila-based tech pioneer Mosaic Solutions has today announced it has closed a US $5 million Series A funding round. This latest investment is set to help the company power major expansion across Southeast Asia and, most notably, the Philippines. Funding was received through lead investor Kickstart Ventures, via its ACTIVE Fund, alongside the Gentree Fund, … [Read more...] about Cloud-based food and beverage software platform to power Philippine expansion with $5m Series A
Dow seals value chain partnership with Want-Want Group to drive zero-solvent emissions and explore opportunities to adopt more recyclable flexible packaging
Its innovative adhesives solutions support Want-Want Group’s sustainability goals, bringing more environmentally-friendly packaging choices to consumers Shanghai, China – July 11, 2022 – Dow (NYSE: DOW), a global materials science company, has signed a Memorandum of Understanding (MoU) with China’s leading food and beverage group, Want-Want, to drive zero-solvent emissions and develop a circular economy for flexible packaging. This agreement aims to deepen value-chain partner collaborations … [Read more...] about Dow seals value chain partnership with Want-Want Group to drive zero-solvent emissions and explore opportunities to adopt more recyclable flexible packaging