Aims to boost the global supply chain by 1.5 times the current level by the end of 2027 September 20, 2022, Tokyo, Japan and Selangor, Malaysia—Toyo Ink SC Holdings Co., Ltd., the parent company of the Tokyo-based specialty materials manufacturer Toyo Ink Group, today announced plans to double the laminating adhesives production capacity from the current level at its Malaysia-based subsidiary Toyochem Specialty Chemical Sdn. Bhd. By strengthening its global supply chain, the Toyo Ink … [Read more...] about Toyo Ink to Double Laminating Adhesives Production Capacity in Asia
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Hormel Foods Announces New Strategic Operating Model
Company transitioning to three operating segments to drive sustainable growth Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, on Tuesday announced a new strategic operating model, aligning its businesses to be more agile, consumer and customer focused, and market-driven. Effective Oct. 31, 2022, the beginning of fiscal 2023, the company is transitioning to three operating segments – Retail, Foodservice and International. The One Supply Chain team will continue … [Read more...] about Hormel Foods Announces New Strategic Operating Model
Arla Foods Ingredients receives positive EFSA opinion for Bovine Milk Osteopontin
Arla Foods Ingredients has secured a positive opinion on its Novel Food application for Bovine Milk Osteopontin ingredient Lacprodan® OPN-10. The European Food Safety Authority (EFSA) has published an opinion that Bovine Milk Osteopontin (OPN) is safe for use in infant formula (IF), follow-on formula and ready-to-eat dairy-based meals for children. When this process is complete, Lacprodan® OPN-10 will become Arla Foods Ingredients’ first product for infant nutrition … [Read more...] about Arla Foods Ingredients receives positive EFSA opinion for Bovine Milk Osteopontin