Archive for September 15th, 2021

UZWIL, SWITZERLAND — Givaudan, Bühler, and Migros have formed a new entity, The Cultured Food Innovation Hub, in Kemptthal near Zurich, to accelerate the development and market penetration of cellular agriculture products. The Hub is expected to start operations in 2022.

The Cultured Food Innovation Hub will be a self-sustained, standalone company wholly owned by Givaudan, Bühler, and Migros, located in The Valley in Kemptthal, a hotbed of innovation and technology just outside of Zurich. The new entity will provide facilities ...

CHICAGO, ILLINOIS, US — LG Chem, a leading global diversified chemical company, and ADM, a global leader in nutrition and biosolutions, announced on Sept. 15 that they have signed a memorandum of understanding (MoU) to explore US-based production of lactic acid to meet growing demand for a wide variety of plant-based products, including bioplastics.

Under the terms of the agreement, which was signed by Juan Luciano, chairman and chief executive officer of ADM, and Hak Cheol Shin, vice chairman and CEO ...