Despite turbulent market conditions, Grundfos continued a strong performance in 2022 with a sales growth of 12.1 percent, net turnover hitting a record DKK 33.3bn and earnings (EBIT before special items) reaching DKK 3.9bn. These results see Grundfos continuing the solid performance recorded for 2021 despite 2022 having been a year with historic market turbulence: the Russian invasion of Ukraine, the continued impact of COVID-19, bottlenecks in global supply chains, rising energy prices, high … [Read more...] about Grundfos announces solid 2022 results with record turnover
sustainability
Kemin Food Technologies – Asia Launches VALTEQ™ Line of Quality Improvers for Instant Noodles
Innovation enhances palatability and production of ready-to-eat food as market demand grows SINGAPORE, March 2023 – Kemin Industries, a global ingredient manufacturer that strives to sustainably transform the quality of life every day for 80 percent of the world with its products and services, has developed VALTEQ™, a unique line of quality improvers for instant noodle manufacturers. The liquid product line uses emulsifier solutions to increase consumers' overall instant noodle-eating … [Read more...] about Kemin Food Technologies – Asia Launches VALTEQ™ Line of Quality Improvers for Instant Noodles
Mondi scoops RISI PPI Product Innovation Award with paper-based Hug&Hold solution
Mondi, a global leader in sustainable packaging and paper, has won the coveted PPI Award in the Product Innovation category for its Hug&Hold packaging solution. The Fastmarkets Forest Products PPI Awards are the only global awards dedicated to recognising the achievements of companies, mills, and individuals in the pulp and paper sector. Hug&Hold is a paper packaging solution designed and developed to wrap and transport PET beverage bottles, replacing plastic shrink wrap. It is a … [Read more...] about Mondi scoops RISI PPI Product Innovation Award with paper-based Hug&Hold solution