In Nebraska, Omaha-based Green Plains Inc., with existing feed yards at Kismet, Kansas, and Hereford, Texas, will purchase Cargill’s beef cattle feed yards at Leoti, Kansas, and Yuma, Colorado. The transaction will be finalized once a definitive agreement and regulatory review are complete. Green Plains will supply cattle to Cargill through a new multiyear agreement. […]
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In Switzerland, Cargill and Evolva inked a major collaboration pact for the production and commercialisation of EverSweet, the next-generation stevia sweetener. This product is on track for a 2018 launch, securing its first-mover advantage. Over the next three years, principally in 2018 and 2019, Evolva expects to invest an estimated USD 60 million in the […]
In the UK, students Rachana Halasabele and Alessia Xu from The University of Manchester in the UK recently triumphed with their innovative and practical winning solution to a real-life industry problem set by Cargill’s ethanol experts at their starches and sweeteners plant in Trafford Park, Manchester. The UK-wide competition, open to all Universities, is the […]
In Minnesota, Cargill and Calysta revealed that they will co-create the world’s largest gas fermentation facility in Memphis, Tennessee to produce Calysta’s FeedKind protein, a family of sustainable, traceable nutritional ingredients for fish, livestock and pets. Start-up is expected in late 2018. So we’re going to Graceland. Memphis that is, home to Elvis. What exactly is […]
This season, The Digest is hosting the Strategic Intent webinar series, looking at the plans, progress and future milestones of strategic stakeholders in the Advanced Bioeconmy. In this slide deck, we looked at Cargill, and its M&A activity, direct investments, partnerships and alliances with companies both heralded and unknown.
In Washington, the US Food and Drug Administration issued a GRAS (generally recognized as safe) No Objection Letter for Cargill’s next-generation sweetener, EverSweet, qualifying it for use in food and beverages. EverSweet was introduced in October 2015 and is made with the same sweetness found in the stevia leaf, Reb M and Reb D. EverSweet provides […]
In Switzerland, Evolva has achieved “another technical milestone” in its partnership with Cargill, Inc. relating to the commercialization of EverSweet, a next-generation, zero-calorie stevia sweetener. Reaching this milestone triggers the payment of USD 0.5 million by Cargill to Evolva, the company said, although the nature of the milestone was not disclosed. The company added that negotiations […]
In Minnesota, Reuters is reporting that Cargill will trim up to 4,000 jobs, or 2.5 percent of its workforce and closing an undisclosed number of company offices, The report comes as Archer Daniels Midland, Bunge, Cargill and Louis Dreyfus, among other agricultural giants are girding their loins for extended impacts from China’s growth slowdown and […]
In Minnesota, Cargill announced the launch of EverSweet, “the great tasting, next-generation stevia sweetener” which the company co-developed with Evolva. EverSweet sweetener is made with the same sweetness found in the stevia leaf, Reb M and Reb D, and provides consumers the great taste they crave with better sweetness intensity, faster sweetness onset and improved sweetness […]