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Brenntag reports first quarter 2024 results, impacted by challenging market environment – Group expects to benefit from improving conditions in second half of 2024

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Brenntag reports first quarter 2024 results, impacted by challenging market environment – Group expects to benefit from improving conditions in second half of 2024

May 15, 2024 by Asia Food Journal

first quarter 2024 results

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

Other Topics: brenntag, Chemicals, Industry, Ingredients

GEA begins construction of technology center for alternative proteins in the USA

May 14, 2024 by Asia Food Journal

technology center

GEA has begun construction of its technology center for alternative proteins in Janesville, WI (USA). Scheduled to open in 2025, the center will scale up the production of novel plant-based, microbial, and cell-based foods. Here, GEA aims to support manufacturers in meeting the demand for complementary proteins and ingredients to traditional animal-based products. “This investment underscores our commitment to innovation and sustainability in the food industry,” said Arpad Csay, who leads … [Read more...] about GEA begins construction of technology center for alternative proteins in the USA

Other Topics: cell cultivation, fermentation, GEA, Precision Fermentation, Processing, Technology Center

Cannes Lions announces Unilever as Creative Marketer of the Year

May 14, 2024 by Asia Food Journal

Creative marketer of the year

The Cannes Lions International Festival of Creativity has announced Unilever as the 2024 Creative Marketer of the Year. The honorary accolade is presented to a marketer that has amassed a body of iconic, Lion-winning work over a sustained period of time, with Unilever establishing a reputation for producing brave, creative and innovative marketing solutions. Unilever was last honoured as Creative Marketer of the Year in 2010 and in the following years has amassed hundreds of Lions. At last … [Read more...] about Cannes Lions announces Unilever as Creative Marketer of the Year

Other Topics: Cannes Lions, Creative Marketer of the Year, Ingredients, unilever

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