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Day: May 17, 2023

Moroccan wheat milling giant Foreafric plans to acquire majority stake in Société Industrielle de Minoterie du Sud (SIMS)

MOROCCO – Flour miller Forafric Maroc, a fully-owned subsidiary of Forafric Global PLC has declared its plans to acquire 90% of the share capital and voting rights of Société Industrielle de Minoterie du Sud (SIMS). According to Forafric, the move should enable it to obtain SIMS’s factory, a public limited company based in Marrakech which has a daily crushing capacity…

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IFF launches new vital gluten replacer, registers mixed Q1 results to high inflation and soft demand

USA- New York-based International Flavors & Fragrances (IFF)  recently announced the launch of the Enovera 2000 range in Europe, the latest addition to its comprehensive range of market-leading solutions for the bakery industry.   The enzymatic dough strengthener, Enovera 2000, is a vital gluten replacer, especially suitable in whole wheat bread baking.  According to IFF,  the new ingredient can replace up…

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