Pom

Steakholder Foods® Reports 2022 Financial Results and Provides Business Update

Retrieved on: 
Wednesday, April 5, 2023
Operating cost, Intellectual property, Commercialization, Meat, Total, Partnership, Food industry, Printing, 3D, Pom, Research, Fish products, Silicon, Danone, Patent, TASE, Cryptocurrency, 3D printing, Asset management, Growth

REHOVOT, Israel, April 5, 2023 /PRNewswire/ -- Steakholder Foods Ltd. (Nasdaq: STKH), an international deep-tech food company at the forefront of the cultivated meat industry, is pleased to provide an annual business update including a summary of its successful advancements in funding, partnerships, technological capabilities, intellectual property, commercialization and more. In parallel, the company has reported its 2022 financial results.

Key Points: 
  • In parallel, the company has reported its 2022 financial results.
  • The closure of PoM is expected to reduce Steakholder Foods' expenses by about $4.5 million annually, relative to 2022.
  • Cash and equivalents at year-end 2022 was $6.4 million, compared to $19.2 million as of year-end 2021.
  • Total capital stands at $7.9 million as of year-end 2022, compared to $37.6 million as of year-end 2021.

Steakholder Foods® Announces Optimization of Funds and Closure of Belgian Subsidiary

Retrieved on: 
Tuesday, April 4, 2023
3D, Meat, Pom, 3D printing, Pharmaceutical industry, Engineering plastic

As part of the Company's purchase of the shares of PoM at the end of 2020, PoM's management had been granted full contractual autonomy throughout 2021 and 2022, and was provided with the funding required to develop its technologies in accordance with the terms of the purchase.

Key Points: 
  • As part of the Company's purchase of the shares of PoM at the end of 2020, PoM's management had been granted full contractual autonomy throughout 2021 and 2022, and was provided with the funding required to develop its technologies in accordance with the terms of the purchase.
  • As a result, PoM has ceased operations and is expected to be liquidated.
  • As part of this process, Steakholder Foods expects PoM's assets to be realized, following which the Company shall consider how and when to continue development of cultivated avian products.
  • The closure of PoM is expected to reduce Steakholder Foods' expenses by about $4.5 million annually, relative to 2022.

Steakholder Foods® Announces Strategic Restructuring Plan for Peace of Meat to Focus on a Cultivated Avian Product Launch for the Singaporean Market

Retrieved on: 
Tuesday, March 7, 2023
Singapore Food Agency, Pom, SFA, Fine chemical, Pharmaceutical industry, Risk management

REHOVOT, Israel, March 7, 2023 /PRNewswire/ -- Steakholder Foods Ltd. (Nasdaq: STKH), (formerly MeaTech 3D: MITC), an international deep-tech food company at the forefront of the cultivated meat industry, announces a restructuring plan for PoM aimed at supporting the submission of a cultivated avian food product for regulatory approval in Singapore, the first, and so far, only country that has completed the approvals process for the consumption of cultivated meat. As part of this plan, the company will be implementing a series of changes designed to streamline its operations and position it for success.

Key Points: 
  • As part of this plan, the company will be implementing a series of changes designed to streamline its operations and position it for success.
  • As part of PoM's new business plan for 2023, the company will focus on regulatory submissions for its avian product - finalizing a submission to the Singapore Food Agency (SFA) by the end of 2023, and preparing for submission in the USA.
  • This will enable the company to reduce overhead costs and allocate resources more effectively to support this important initiative.
  • Arik Kaufman, CEO at Steakholder Foods: "Today's announcement is an important step in our efforts to successfully launch a product in the Singaporean market.

In honor of 40 year anniversary Pomi collaborates with New York City Nonprofit, City Harvest to help Alleviate Hunger.

Retrieved on: 
Friday, December 2, 2022
Crushed, History, Pom, City Harvest, Holiday, Hunger, Tomato, New Yorkers, Table, Turkey, Food, Agriculture

In honor of 40 year anniversary Pomi collaborates with New York City Nonprofit City Harvest to help Alleviate Hunger.

Key Points: 
  • In honor of 40 year anniversary Pomi collaborates with New York City Nonprofit City Harvest to help Alleviate Hunger.
  • "The utmost care and dedication for providing high quality Italian tomatoes to families around the world has fueled Pomi for 40 years.
  • As the holidays approach, we are seeing grocery prices rise at their fastest rate in 40 years.
  • For 40 years, Pom has gathered families around the table, creating unforgettable memories through a universal love language of food.

POM Partners Raises $3M Series A Led by Cayuga Venture Fund

Retrieved on: 
Tuesday, September 29, 2020
International Finance Corporation, United Nations Development Group, Pom, Organizations, Economy, Articles

The round, led by Cayuga Venture Fund, will allow POM to further invest in engineering and product development, and sales and marketing.

Key Points: 
  • The round, led by Cayuga Venture Fund, will allow POM to further invest in engineering and product development, and sales and marketing.
  • "We are excited to announce our investment in the POM team to accelerate the development of life and workforce safety solutions," said Ryoko Nozawa, Cayuga Venture Fund.
  • Since their founding in 2014, POM has partnered with 35 university campuses and hospital networks across the U.S. to enhance their safety protocol.
  • POM is a personal and enterprise safety technology provider dedicated to delivering real-time, vital safety solutions through accessible, cutting-edge technology.

The Wonderful Company Announces Recipients Of Its $1 Million COVID-19 Relief Fund

Retrieved on: 
Tuesday, September 22, 2020
The Wonderful Company, Food and drink, Economy of the United States, Companies, POM Wonderful, Fiji Water, Teleflora, Wonderful, Farmworker, Pom, Stewart Resnick

Nonprofit organizations and schools that demonstrate community impact were eligible to apply for funding and with this round of grants, the relief fund has been fully distributed.

Key Points: 
  • Nonprofit organizations and schools that demonstrate community impact were eligible to apply for funding and with this round of grants, the relief fund has been fully distributed.
  • "We are very thankful to The Wonderful Company for believing in our mission and funding our COVID-19 initiatives for Farmworkers in California.
  • The Wonderful Company is a privately held $5 billion global company dedicated to harvesting health around the world.
  • Its iconic brands include FIJI Water, POM Wonderful, Wonderful Pistachios, Wonderful Halos, Wonderful Seedless Lemons, Teleflora, JUSTIN Wines, JNSQ Wines, and Landmark Wines.

Global Polyacetal Market (2020 to 2029) - COVID-19 Impact Estimation - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 11, 2020
Chemicals, Plastics, Manufacturing, Chemistry, Physical sciences, Functional groups, Organic chemistry, Plastics, Polyethers, Polyoxymethylene, Thermoplastics, Acetal, Pom, Ether

The "Polyacetal (Polyoxymethylene, POM) 2020 World Market Outlook and Forecast to 2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Polyacetal (Polyoxymethylene, POM) 2020 World Market Outlook and Forecast to 2029" report has been added to ResearchAndMarkets.com's offering.
  • This report is an essential resource for a one looking for detailed information on the world polyacetal (polyoxymethylene, POM) market.
  • The report covers data on global, regional and national markets including present and future trends for supply and demand, prices, and downstream industries.
  • In addition to the analytical part, the report provides a range of tables and figures which all together give a true insight into the national, regional and global polyacetal (polyoxymethylene, POM) markets.

Polyoxymethylene Market is likely to reach $9 billion by 2024, Says Global Market Insights Inc.

Retrieved on: 
Wednesday, February 26, 2020
Plastics, Polyethers, Polyoxymethylene, Thermoplastics, Pom

Polyoxymethylene (POM) market would be primarily driven by drifting preference from metal to plastic components being used in the automobile industry.

Key Points: 
  • Polyoxymethylene (POM) market would be primarily driven by drifting preference from metal to plastic components being used in the automobile industry.
  • The above-mentioned features are likely to drive the product demand in the automobile sector in the upcoming years.
  • Increasing product popularity in the medical field is also likely to be a major growth driver for the polyoxymethylene market during the estimated timeframe.
  • Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider.

The Wonderful Company Raises Minimum Wage To $15 Per Hour For California Employees

Retrieved on: 
Wednesday, December 19, 2018
The Wonderful Company, Economy of the United States, Economy, Business, POM Wonderful, Stewart Resnick, Minimum wage, Pom, Wage, Lynda Resnick

LOS ANGELES, Dec. 19, 2018 /PRNewswire/ -- The Wonderful Company, America's fastest-growing consumer packaged goods company, announced today it is increasing its minimum wage to $15/hour for full-time California employees effective Jan. 1, 2019.

Key Points: 
  • LOS ANGELES, Dec. 19, 2018 /PRNewswire/ -- The Wonderful Company, America's fastest-growing consumer packaged goods company, announced today it is increasing its minimum wage to $15/hour for full-time California employees effective Jan. 1, 2019.
  • "Our dedicated and hard-working employees are our greatest asset, and the reason for our tremendous success as a company," said Stewart Resnick, chairman and president, The Wonderful Company.
  • "This move firmly positions The Wonderful Company as the employer of choice in California's Central Valley, and we encourage others in the agriculture industry to follow our lead."
  • This increase comes three years before California state law will require all large employers to meet a $15/hour minimum wage, and represents an $80 million investment benefiting workers across Wonderful Citrus, Wonderful Pistachios & Almonds, Wonderful Orchards, Wonderful Nurseries, POM Wonderful, JUSTIN Wines and Landmark Wines.

Copolymer Polyoxymethylene Market to grow with 8% CAGR over 2018-2024

Retrieved on: 
Monday, August 20, 2018
Chemistry, Plastics, Polyethers, Thermoplastics, Polyoxymethylene, Organic chemistry, Poly, Pom, Copolymer

SELBYVILLE, Del., Aug. 20, 2018 /PRNewswire-iReach/ -- Global Polyoxymethylene market is fragmented into two prominent types namely copolymer POM and homopolymer POM.

Key Points: 
  • SELBYVILLE, Del., Aug. 20, 2018 /PRNewswire-iReach/ -- Global Polyoxymethylene market is fragmented into two prominent types namely copolymer POM and homopolymer POM.
  • Copolymer polyoxymethylene has high flexural strength coupled with excellent fatigue resistance and lubricity.
  • Homopolymer polyoxymethylene commanded the largest revenue share of the overall polyoxymethylene industry in the year 2016 and is anticipated to retain its dominant place in the forthcoming years.
  • It is rather overt that POM market is on its way to establish itself as one of the most lucrative industry verticals.