India’s vegetable oil imports dip 32 pc in April on lower palm oil demand
Extractors Association (SEA) said, as shipments of both palm and refined oils declined. Vegetable oil imports, comprising edible and non-edible oils, stood at 13.18 lakh tonnes in the year-ago period. “The import in the last three months was at a very low level due to reduced demand for palm oil coupled with increased crushing of […]
Nestlé to create industry-leading capabilities in bio tech and deep tech, enabled by leaner, more agile R&D organization
Nestlé announced the strengthening of its R&D expertise in biotechnology and the creation of a new center for deep tech, to boost its innovation pipeline and increase efficiency in research, innovation and operations. The investments will be unlocked by a leaner R&D organization, more agile ways of working, a focused project portfolio and the redeployment […]
Jubilant Foodworks ltd. posts Rs 49 crore profit in Q4
Jubilant Foodworks Ltd (JFL), which operates fast-food chains Domino’s Pizza and Dunkin’ Donuts, reported a consolidated net profit of Rs 49.33 crore during the March quarter. The company’s revenue from operations was Rs 2,103.18 crore during the quarter, the company in a regulatory filing. The company reported a net profit of Rs 208.24 crore for […]
Arla Foods Ingredients targets acid whey elimination with high-yield solution
Arla Foods Ingredients has launched a “Maximum yield, no acid whey” concept that demonstrates how acid whey can be eliminated from the strained dairy production process to enhance efficiency and maximise yield. On a traditional processing line for strained dairy products, two-thirds of the milk used is typically filtered off as acid whey. This represents […]
