With Novel Food authorisation secured, USA-based MycoTechnology is set to accelerate its expansion into Europe, the company’s next major growth frontier. It has hired its first European sales representatives, based in Germany and the Netherlands, and has recently announced a partnership with Brenntag for distribution in the region. The company’s European expansion will be underpinned by its recent Series E fundraise, which generated $85 million to fuel the growth and proliferation of its … [Read more...] about MycoTechnology set for European expansion after EU authorises FermentIQ™ plant-based protein
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Agrifood of Gyeongsangbuk-do Province of Korea Sets New All-time Export Record
Gyeongsangbuk-do Province of Korea achieved its all-time export record of USD 640 million in 2021. The agrifood export record is expected to be renewed this year as it has already surpassed the previous year's export performance as of October 2022. The export amount of agrifood for Gyeongsangbuk-do Province in October 2022 alone was USD 679.64 million, a 40% increase compared to the export of USD 485.45 million in October 2021. Among the fresh agricultural products, export has increased by … [Read more...] about Agrifood of Gyeongsangbuk-do Province of Korea Sets New All-time Export Record
Oatly and Ya YA Foods Announce Long-Term Strategic Hybrid Partnership
Ogden, UT and Fort Worth, TX Facilities to Be Converted from End-to-End Manufacturing to Hybrid Production Models in Shift to Asset-Light Supply Chain Strategy Oatly Group AB (Nasdaq: OTLY) (“Oatly” or the “Company”), the world’s original and largest oat drink company, and Ya YA Foods Corporation, a leading contract manufacturer of a broad range of aseptic food and beverage products, today announced a long-term strategic hybrid partnership in North America. In this hybrid partnership, Oatly … [Read more...] about Oatly and Ya YA Foods Announce Long-Term Strategic Hybrid Partnership
