Royal DSM, a global purpose-led science-based company, announces that it pledges to purchase all of its electricity worldwide from renewable sources as well as further reduce greenhouse gas (GHG) emissions from its own operations faster with stringent new 2030 sustainability targets. The new 100 percent renewable electricity ambition is a significant upward revision from the 75 percent target set in 2019. It follows continued urgent climate action by DSM over the years leading to the company … [Read more...] about DSM sets new climate targets to accelerate route to net-zero
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Meatable, Royal DSM partner to further develop cultivated meat
After contributing to Meatable’s recent raise of venture capital, Royal DSM and Meatable have entered into a joint development agreement. This new partnership will explore improvements in components for cultivated meat so it caters to current market needs and demands. One of which is growth media, which comprises 50-90% of the production cost of the food item. Growth media is a liquid that is rich in essential nutrients like salts, proteins, carbohydrates and vitamins. These are needed to … [Read more...] about Meatable, Royal DSM partner to further develop cultivated meat
DSM acquisition of First Choice Ingredients slated for completion in Q4 2021
Royal DSM has entered into an agreement to acquire First Choice Ingredients, an ingredients and flavourings company at an enterprise value of $453 million. The latter is a supplier based in Germantown, Wisconsin with about 100 employees. First Choice Ingredients has maintained its leading position in the market as a provider of savoury flavourings used for taste and functional solutions. Their product portfolio includes clean label, fermented dairy and dairy-based variants. The company is … [Read more...] about DSM acquisition of First Choice Ingredients slated for completion in Q4 2021
