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
Industry
AB Food & Beverages (Thailand) and Jebsen & Jessen forge strategic partnership to expand malt distribution across South East Asia
This strategic partnership will see Jebsen & Jessen Ingredients become the primary distributor for AB Food & Beverages (Thailand)’s malt products Singapore, 9 May 2024: Jebsen & Jessen Ingredients (JJING), the ingredients business unit of diversified industrial conglomerate Jebsen & Jessen Group, and AB Food & Beverages (Thailand) (ABFT), a subsidiary of Associated British Foods Plc, have forged a strategic partnership to expand malt distribution across South East Asia. … [Read more...] about AB Food & Beverages (Thailand) and Jebsen & Jessen forge strategic partnership to expand malt distribution across South East Asia
PepsiCo announces 10 startup finalists driving sustainable innovation in food & beverage for the second edition of APAC Greenhouse Accelerator Program
PepsiCo, a global leader in convenient foods and beverages, has unveiled the 10 finalists selected for the APAC Greenhouse Accelerator Program 2024. The Greenhouse Accelerator program launched in January this year invited applications from startups across APAC. The finalists were selected by a committee of leaders within PepsiCo based on their ability to deliver innovative solutions in sustainable agriculture, circular economy, and climate action. Each finalist was chosen for their unique … [Read more...] about PepsiCo announces 10 startup finalists driving sustainable innovation in food & beverage for the second edition of APAC Greenhouse Accelerator Program
