Kerry Group plc (“Kerry Group” or “Kerry”) announced that it has entered into an agreement with Kerry Co-Operative Creameries Limited (the “Co-Op”) to sell Kerry Dairy Holdings (Ireland) Limited (“Kerry Dairy Ireland”) to the Co-Op (the “Disposal”) for a total expected consideration of €500 million[1]. Kerry Dairy Ireland is fully owned by Kerry. Kerry Dairy Ireland consists of Dairy Consumer Products, with its leading range of well-loved brands across cheese, cheese snacks, dairy snacks, and … [Read more...] about Kerry Group to become a Pure Play Taste and Nutrition Company
Industry
TFOODS Conference 2024 sees global experts nurture Singapore’s ’30 by 30′ sustainable food vision
Experts in food science, technology, and innovation gather to strengthen food security efforts TUMCREATE, the research facility of the Technical University of Munich (TUM) in Singapore, kicked off the second edition of its Proteins4Singapore (P4SG) research programme's TFOODS Conference, themed “Engaging with Alternative Proteins,” at Surbana Jurong Campus on 5th-6th November 2024. The Guest of Honour for TFOODS, Dr Amy Khor, Senior Minister of State for Sustainability and the … [Read more...] about TFOODS Conference 2024 sees global experts nurture Singapore’s ’30 by 30′ sustainable food vision
Indorama Ventures reports improved 3Q24 earnings as the company’s IVL 2.0 strategy starts to deliver benefits while global demand continues to remain lacklustre
Indorama Ventures Public Company Limited (IVL), a global sustainable chemical producer, posted a marked improvement in quarterly performance as the chemical industry struggles to recover from a prolonged downturn and the company’s management executes their 3year IVL 2.0 strategy to enhance competitiveness and drive efficiencies. Indorama Ventures reported Adjusted EBITDA of $427 million in 3Q24, a gain of 32% YoY, supported by steady volumes, improving industry spreads, and the company’s … [Read more...] about Indorama Ventures reports improved 3Q24 earnings as the company’s IVL 2.0 strategy starts to deliver benefits while global demand continues to remain lacklustre
