investment
Sami-Sabinsa Group Commits to Clean, Renewable Energy
Sami-Sabinsa Group (India) has signed a long-term mutual agreement with O2 Renewable Energy, a subsidiary of the Singapore-based renewable energy developer O2 Energy SG PTE Limited, for the purchase of 150 MU of renewable power over a 25-year period. This investment in clean energy by Sami-Sabinsa Group will make a significant contribution to India’s transition ...
BIO-CAT Microbials Invests $35 Million in State-of-the-Art Fermentation Facility
BIO-CAT Microbials, LLC has announced a $35 million investment to significantly expand its Troy, VA facility to include fermentation capabilities. The company said it will be breaking ground on an initial 53,800-square-foot expansion phase this month, with potential future expansion up to an additional 100,000 square feet. The expansion—anticipated to be completed in May of 2023—will allow BIO-CAT Microbials ...
Probi Acquires Newly Issued Shares in New Zealand’s Blis Technologies
Probi (Sweden) has invested approximately NZD 9 million in newly issued shares in Blis Technologies Ltd (New Zealand), corresponding to a 13 percent ownership. The investment is part of a long-term strategic collaboration between the companies. Blis Technologies is an innovative probiotic company with clinically documented bacterial strains for supporting our natural immune defense, preventing ...
ICL Group Launches ICL Planet Startup Hub
ICL (Tel Aviv, Israel), a global specialty minerals and specialty chemicals company, has announced it has launched ICL Planet Startup Hub. The new innovation platform is expected to help propel innovative foodTech and agriTech start-ups to the marketplace and to provide enterprises with an extensive network of support, including investment and mentorship. ICL Planet was ...
DuPont Upgrades and Expands Probiotics Facility
DuPont Nutrition & Health has announced a substantial upgrade to its probiotics pilot facility in Madison, WI. The $10 million investment strengthens and emboldens DuPont’s current impressive position as a leader in the probiotics industry, allowing for increased pace of new product development and significantly improved delivery times on pilot material for clinical trials and ...
Milk Specialties Global Acquires Wisconsin Facility
Milk Specialties Global (Eden Prairie, MN) announced that it has acquired the Saputo facility in Monroe, WI. This acquisition will allow Milk Specialties to grow its whey protein ingredients through the company’s advanced Ultrafiltration process, while enhancing Milk Specialties commitment to its strategic supply partners. The Monroe facility is a whey processing plant located in ...
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