Category

Food Industry

Why packaging made from crop waste allows companies to move towards ‘genuinely sustainable’ innovation Food Industry

Why packaging made from crop waste allows companies to move towards ‘genuinely sustainable’ innovation

It is estimated that arable farming produces around 8 billion tonnes of carbohydrate waste every year in the form of discarded stalks, leaves and roots of crops such as maize, wheat, rice, and sugarcane. This agro-waste is normally discarded or burned. Food companies hope to develop ways of converting the into…
bubmag
July 28, 2021
The Government of Canada, provinces and territorial partners invest $8.5 million in Canada’s fish and seafood sector Food Industry

The Government of Canada, provinces and territorial partners invest $8.5 million in Canada’s fish and seafood sector

Today, Minister of Fisheries, Oceans, and the Canadian Coast Guard, the Honourable Bernadette Jordan, together with participating provinces and territories, announced a total investment of $8.5 million for eight not-for-profit fish and seafood industry associations. The non-repayable CFSOF contributions will fund essential market research, consumer research and domestic and international…
bubmag
July 16, 2021
“Oatly will likely never make money in a notoriously fickle and deflationary food industry,’ claims activist short seller; Oatly ‘rejects all these false claims’ Food Industry

“Oatly will likely never make money in a notoriously fickle and deflationary food industry,’ claims activist short seller; Oatly ‘rejects all these false claims’

In the report​​ Spruce alleges that Oatly omitted and manipulated facts in its prospectus​​ and in an investor presentation last month​​ and “will never achieve profitability​." It added: “W​hile investors are enamored with its sales growth in the plant-based food fad, and its commitment to ESG practices, we believe they should be focused on…
bubmag
July 14, 2021
COVID-washing fightback: New Zealand food industry slams ‘weak’ academic accusations Food Industry

COVID-washing fightback: New Zealand food industry slams ‘weak’ academic accusations

The term ‘COVID-washing’ was coined by researchers from the University of Auckland via a research paper published on the subject earlier this year, which accused food and beverage firms of ‘misappropriating the COVID-19 pandemic promote their unhealthy products to vulnerable populations during a time of increased stress and hardship’​ –…
bubmag
July 14, 2021