No.1 Grains Industry Magazine & Website for Africa & the Middle East
UK – As part of Nestlé’s 2050 net zero roadmap, the Swiss multinational food giant has begun pilot testing for a new sustainable agriculture solution that uses cocoa shells to create a low-carbon fertilizer in the United Kingdom. As part of the deal, Cargill will process the cocoa at its York facility to create ingredients for Nestle’s confectionary brands, and…
Read More
EGYPT – Swiss multinational food giant, Nestlé, has revealed its plans to add four new production lines to its existing facilities in Egypt. In the set plan, Chairman and CEO of Nestlé Egypt and Sudan, Tarek Kamel, said three lines would be for food products, and the fourth would be for dairy products, adding that the first food production line…
Read More
INDIA – Maggi noodles manufacturer, Nestlé has revealed plans to invest Rs42bn (US$507.5m) in its business in India between 2023 and 2025. The Swiss giant confirmed to Just Food that Rs21.3bn (US$257M) has already been spent in the first half of 2023 in capital investments adding that the expenditure will go towards the company’s new food processing unit in Odisha, which was confirmed…
Read More
USA- Nestlé U.S. recently announced plans to invest in helping bring regenerative agriculture practices to wheat farms within its DiGiorno pizza brand supply chain, partnering with ADM and Ardent Mills on the initiative. According to a press release by the company, the giant food processor is helping wheat farmers employ regenerative agriculture practices in their fields through a combination of…
Read More
USA – Nestlé, Swiss multinational food, and drink conglomerate corporation, has appointed Anna Manz as the company’s new Chief Financial Officer (CFO) after François-Xavier Roger stepped down from the position. In the company’s press release, François-Xavier Roger, Executive Vice President, and Chief Financial Officer, who has served in the company for 8 years decided to step down and pursue a…
Read More
SWITZERLAND – Nestlé, the world’s largest food company has announced that Magdi Batato, the Executive Vice President and Head of Operations will retire in early 2024 after a distinguished career of over 30 years at the company. Consequently, a former employee at Nestle Stephanie Pullings Hart, currently Senior Vice President of Operations for Warby Parker, will return to Nestlé, effective…
Read More
BRAZIL- Nestlé Purina Brazil, one of the top pet food players in the country, has opened a new wet pet food production facility in Florestal, Vargeão, scheduled to start operations in March 2024, according to a press release by the company. Official reports provide that the Brazilian pet food market is the second largest globally after the U.S., with more…
Read More
INDIA- Maggi noodles manufacturer, Nestlé, is exploring locations for its tenth factory in India and is considering the east, where the food giant has no representation by a factory in the country. India is Nestlé’s second-largest market in Asia by sales, and the company is working on expanding its footprint further in the country, establishing itself in all of India’s…
Read More
SWITZERLAND- Nestle recently released its quarter one 2023 financial results, with Purina PetCare emerging as the largest contributor to its organic growth, owing to good momentum for science-based and premium brands Purina ONE, Purina Pro Plan, and Friskies. According to the results released on 25th April, Purina PetCare sales reached US$5,267 million in the first quarter, compared to US$4,629 million…
Read More
BRAZIL- The owner of the Purina pet food brand, Nestle, has denied recent unsubstantiated claims that it tabled 1.7bn reais (US$330.1m) for the purchase of Brazillian BRF pet-food assets. A month ago, on February 28, 2023, BRF said in a stock-exchange announcement that it had hired Banco Santander as a financial advisor and was in early-stage discussions with would-be buyers…
Read More