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Top News In உற்பத்தியாளர்கள் கூட்டணி பெறுகிறது சரி க்கு பயிற்சி ப்ரோக்ர்யாம் Today - Breaking & Trending Today

IRI: "We could be anywhere near 7% to 10% price inflation as a benchmark" for CPGs late this year

As inflation threatens to crest double digits for CPGs by the end of the year, consumer price sensitivity also is increasing while volume consumption is decreasing – creating an “uncertain, idiosyncratic and uneven” market in which manufacturers must swiftly and prudently manage revenue growth levers, according to Information Resources Inc. ....

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Lindt & Sprüngli claims 100% traceable cocoa beans in its supply chain


Lindt & Sprüngli claims 100% traceable cocoa beans in its supply chain
By Anthony Myers
Luxury chocolate maker has announced it has reached “an important milestone,” after claiming that 100% of its cocoa beans are traceable after being externally verified by non-profit organisation, Earthworm Foundation.
As part of its sustainability efforts, the Swiss chocolatier set up the Lindt & Sprüngli Farming Programme in 2008 with the aim of ensuring traceability and sustainability in its cocoa bean supply chain. The Programme promotes the ecological and socially responsible cultivation of cocoa beans and aims to support farmers, their families and communities.
Initially launched in Ghana, the company said the programme is now running in all five countries where the company sources its cocoa beans. ....

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Ridley Corp sells aquafeed plant to Skretting


Nutreco’s aquaculture division, Skretting, is to buy Ridley’s extrusion facility in Westbury, Tasmania, in an effort to boost its production capacity in that market.
Ridley said the sale is worth just under AUS$55m (US$42.7m). The facility, which only opened in July 2019, was underutilized, added Australia’s largest feed manufacturing company.  
It said this divestment would allow it to
“reset”​ its manufacturing cost base. Its share price jumped on the news of the sale.
Ridley s extruded feed plant in Narangba, Queensland, which is currently being expanded, will continue to supply existing and new aquafeed customers.
“This will consolidate our aquaculture feed production into one facility, providing a competitive and lower cost supply chain to service the Australian and New Zealand aquaculture industry, including our Tasmanian customers,” ​said Ridley Corporation managing director and CEO, Quinton Hildebrand. ....

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