In light of the COVID-19 pandemic and the general interest towards healthier food consumption, people are paying attention to what is in the things that they eat. Items that have natural ingredients in them are becoming the preference. There’s also a high demand in dietary and functional food that can boost health even more. This is why companies are looking into adopting unorthodox substances into their product lines. One of these ingredients is inulin, a type of probiotic that is gaining … [Read more...] about Inulin market in F&B industry expected to grow, research reveals
Ingredients
Tilley Company’s acquisition of Ingredients Solutions completed
Tilley Company has acquired Ingredients Solutions, further expanding its current product portfolio of specialty chemicals and lubricants. This is the first acquisition of the Baltimore-based company, after forging a partnership with SK Capital in 2020. This new business will bring in a range of products created from renewable plants and algae, including its full line of hydrocolloid products for the food and beverage industry. The latter offerings are available in organic-allowed, natural and … [Read more...] about Tilley Company’s acquisition of Ingredients Solutions completed
Sang Shin is new Aloecorp Inc. President, CEO
Succeeding Kyeong (KS) Yoon, Sang Shin has been appointed as the new President and CEO of Aloecorp. He took over duties and responsibilities beginning August 1, 2021. He worked in Unigen, one of the sister companies in the ECONET group of companies since 2004 to support business expansion through accounting and finance activities. After 11 years, he transferred to ECONET Holdings. He spent the next three years as CFO, then another three years as the COO and president. He was in charge of … [Read more...] about Sang Shin is new Aloecorp Inc. President, CEO