FMCG

"No Perchlorate, Yes Non-electrolysis"...CJ FNT Introduces Natural Cysteine

Retrieved on: 
Monday, December 4, 2023
Dicarboxylic acid, Non-Euclidean geometry, Cysteine, USDA, US Foods, Food, CJ, Perchlorate, Fermentation, European, Sugar, Electrolysis, Thyroid, National Organic Program, FMCG, Taste, Sulfur

SEOUL, South Korea, Dec. 4, 2023 /PRNewswire/ -- CJ Food & Nutrition Tech (CJ FNT) launched an online campaign showcasing its FlavorNrich™ MASTER C L-Cysteine to serve the growing demand for non-electrolytic cysteine.

Key Points: 
  • SEOUL, South Korea, Dec. 4, 2023 /PRNewswire/ -- CJ Food & Nutrition Tech (CJ FNT) launched an online campaign showcasing its FlavorNrich™ MASTER C L-Cysteine to serve the growing demand for non-electrolytic cysteine.
  • Cysteine, one of 20 amino acids, is a key precursor for creating a savory flavor through the Maillard reaction, interacting with reducing sugars to give browned food its distinctive taste.
  • It is typically produced from animal materials through acid hydrolysis or produced by fermentation with synthetic processes such as electrolysis.
  • "It would be a great alternative for our global FMCG customers seeking for natural ingredients for their products."

"No Perchlorate, Yes Non-electrolysis"...CJ FNT Introduces Natural Cysteine

Retrieved on: 
Monday, December 4, 2023
Dicarboxylic acid, Non-Euclidean geometry, Cysteine, USDA, US Foods, Food, CJ, Perchlorate, Fermentation, European, Sugar, Electrolysis, Thyroid, National Organic Program, FMCG, Taste, Sulfur

SEOUL, South Korea, Dec. 4, 2023 /PRNewswire/ -- CJ Food & Nutrition Tech (CJ FNT) launched an online campaign showcasing its FlavorNrich™ MASTER C L-Cysteine to serve the growing demand for non-electrolytic cysteine.

Key Points: 
  • SEOUL, South Korea, Dec. 4, 2023 /PRNewswire/ -- CJ Food & Nutrition Tech (CJ FNT) launched an online campaign showcasing its FlavorNrich™ MASTER C L-Cysteine to serve the growing demand for non-electrolytic cysteine.
  • Cysteine, one of 20 amino acids, is a key precursor for creating a savory flavor through the Maillard reaction, interacting with reducing sugars to give browned food its distinctive taste.
  • It is typically produced from animal materials through acid hydrolysis or produced by fermentation with synthetic processes such as electrolysis.
  • "It would be a great alternative for our global FMCG customers seeking for natural ingredients for their products."

CredibleX Unleashes Next-Generation Lending Solutions with New ADGM Licenses and Targets 20,000 Companies in 2024

Retrieved on: 
Tuesday, November 28, 2023
Entrepreneurship, World Bank, Pre-approval, International Finance Corporation, SME, FSRA, GDP, Risk, Fintech, Ecosystem, Digital, Abu Dhabi Global Market, FMCG, MENA, National Agenda Party (Armenia), Bank

These licenses provide a robust regulatory framework for its launch, bringing confidence and trust to CredibleX's partners and customers.

Key Points: 
  • These licenses provide a robust regulatory framework for its launch, bringing confidence and trust to CredibleX's partners and customers.
  • CredibleX is a game-changer for the region as its embedded finance approach enables businesses to provide their SME customers with instant access to lending solutions at scale.
  • During 2024, CredibleX is aiming to reach 20,000 SMEs with its easy-to-use, embedded finance approach.
  • Salem Mohammed Al Darei, ADGM Authority, CEO said, "We congratulate CredibleX on receiving their regulatory license from ADGM and welcome them to our vibrant ecosystem.

CredibleX Unleashes Next-Generation Lending Solutions with New ADGM Licenses and Targets 20,000 Companies in 2024

Retrieved on: 
Tuesday, November 28, 2023
Entrepreneurship, World Bank, Pre-approval, International Finance Corporation, SME, FSRA, GDP, Risk, Fintech, Ecosystem, Digital, Abu Dhabi Global Market, FMCG, MENA, National Agenda Party (Armenia), Bank

These licenses provide a robust regulatory framework for its launch, bringing confidence and trust to CredibleX's partners and customers.

Key Points: 
  • These licenses provide a robust regulatory framework for its launch, bringing confidence and trust to CredibleX's partners and customers.
  • CredibleX is a game-changer for the region as its embedded finance approach enables businesses to provide their SME customers with instant access to lending solutions at scale.
  • During 2024, CredibleX is aiming to reach 20,000 SMEs with its easy-to-use, embedded finance approach.
  • Salem Mohammed Al Darei, ADGM Authority, CEO said, "We congratulate CredibleX on receiving their regulatory license from ADGM and welcome them to our vibrant ecosystem.

Viomi Technology Co., Ltd Elevates its Water Purification Department to a Strategic Business Unit

Retrieved on: 
Friday, November 24, 2023
P&G, SBU, Water purification, FMCG, Yili Group, Water, Internet of things, Pepsi, Fine chemical, Civil engineering, Southeast University

GUANGZHOU, China, Nov. 23, 2023 /PRNewswire/ -- Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ: VIOT), a leading IoT@Home technology company in China, today announced the elevation of its water purification business to a strategic business unit ("SBU").

Key Points: 
  • GUANGZHOU, China, Nov. 23, 2023 /PRNewswire/ -- Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ: VIOT), a leading IoT@Home technology company in China, today announced the elevation of its water purification business to a strategic business unit ("SBU").
  • This supports the implementation of the Company's strategy of focusing on water purification , fully leveraging Viomi's leading R&D and manufacturing capabilities, and further enhancing the Company's commitment to high-quality and sustainable development.
  • Viomi also announced the appointment of Mr. Qi Chen, an industry veteran, as its water purification SBU's president.
  • Before joining Viomi, Mr. Qi Chen served as the general manager of the water purification and air purification divisions at A.O.Smith (China) Water Heater Co., Ltd.

Volume sales fail to recover: Circana's latest FMCG Demand Signals report breaks with market expectations

Retrieved on: 
Tuesday, November 21, 2023
NPD, ESPR, European Commission, Climate, EAN, Growth, The NPD Group, IRI, FMCG, EU6, News, Pharmaceutical industry, Retail

FMCG value sales have soared by a further 10.1% year on year to reach €636bn, but this continues to be driven almost entirely by inflation.

Key Points: 
  • FMCG value sales have soared by a further 10.1% year on year to reach €636bn, but this continues to be driven almost entirely by inflation.
  • "Our latest report brings both good and bad news," comments Ananda Roy, Global SVP, Strategic Growth Insights, Circana.
  • As global turmoil and uncertainty continue, we expect that FMCG demand will not recover before the second half of 2024.
  • Brands lose further ground to private labels - Six months on from warnings of a tipping point for private labels (FMCG Demand Signals, May 2023 report), the march continues at pace.

Volume sales fail to recover: Circana's latest FMCG Demand Signals report breaks with market expectations

Retrieved on: 
Tuesday, November 21, 2023
NPD, ESPR, European Commission, Climate, EAN, Growth, The NPD Group, IRI, FMCG, EU6, News, Pharmaceutical industry, Retail

FMCG value sales have soared by a further 10.1% year on year to reach €636bn, but this continues to be driven almost entirely by inflation.

Key Points: 
  • FMCG value sales have soared by a further 10.1% year on year to reach €636bn, but this continues to be driven almost entirely by inflation.
  • "Our latest report brings both good and bad news," comments Ananda Roy, Global SVP, Strategic Growth Insights, Circana.
  • As global turmoil and uncertainty continue, we expect that FMCG demand will not recover before the second half of 2024.
  • Brands lose further ground to private labels - Six months on from warnings of a tipping point for private labels (FMCG Demand Signals, May 2023 report), the march continues at pace.

We Pack Logistics chooses Nulogy to digitally enable co-pack growth and agility

Retrieved on: 
Wednesday, November 15, 2023
Colgate-Palmolive, Logistics, Microsoft Dynamics, History, Textbook, Hooge, Ypres, Pack, Church & Dwight, Growth, FMCG, Sales, Warehouse

"By driving efficiencies and visibility throughout We Pack's co-pack operations, Nulogy is demonstrating how technology can enable more robust and sustainable supply chain operations."

Key Points: 
  • "By driving efficiencies and visibility throughout We Pack's co-pack operations, Nulogy is demonstrating how technology can enable more robust and sustainable supply chain operations."
  • We are growing as a contract packager, and we are thrilled to have Nulogy's solution to modernize our packaging operation and enable our growth."
  • Nulogy is the only purpose-built multi-enterprise collaboration platform for supplier networks and digitally enables manufacturers and their external supplier networks to collaborate seamlessly on a centralized, data-driven, AI-enabled platform.
  • Nulogy's platform provides purpose-built functionality for digitizing and optimizing the end-to-end contract packaging workflow, enabling co-pack providers to increase efficiency, improve profit margins, and drive growth.

Nanotechnology Revolutionizes Industrial Packaging as Market Expands at 5.02% CAGR

Retrieved on: 
Saturday, November 11, 2023
Sale, Agriculture, Sonoco, International Paper, Plastic, Sealed Air, Safety, Final good, Dust, Ultimate tensile strength, Urbanization, ROW, Food, Corporation, PCA, HBV, Steel, Internet access, Lubricant, Grain, Horticulture, COVID-19, Natural gas, Compound annual growth rate, Grief, COVAX, Nanotechnology, Amcor, Growth, Population growth, Common, FMCG, IBC, WestRock, Transport, Nanoparticle, Video game

The global industrial packaging market is poised for substantial growth, projected to achieve a market value of US$68.91 billion by 2023, with a notable Compound Annual Growth Rate (CAGR) of 5.02% during the forecast period.

Key Points: 
  • The global industrial packaging market is poised for substantial growth, projected to achieve a market value of US$68.91 billion by 2023, with a notable Compound Annual Growth Rate (CAGR) of 5.02% during the forecast period.
  • Industrial packaging encompasses specialized, durable packaging solutions designed for the wrapping, containment, and sealing of FMCG during storage and distribution.
  • The global industrial packaging market is segmented by material type into seven categories: corrugated boxes, intermediate bulk containers (IBC), sacks, drums, pails, crates, and others.
  • Protective industrial packaging is also essential for the secure transportation of goods, including potential product returns, further boosting the industrial packaging market.

Raw Material Price Volatility Challenges the Global Industrial Packaging Market Despite Rising Demand from Key Industries - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 9, 2023
Other Manufacturing, Manufacturing, Sale, Nanotechnology, Ultimate tensile strength, WestRock, Horticulture, Dust, Lubricant, Food, Sonoco, PCA, International Paper, Sealed Air, ROW, Urbanization, FMCG, Internet access, Population growth, Nanoparticle, Grief, Packaging Corporation of America, Growth, Transport, Grain, COVID-19, Final good, Common, IBC, Corporation, Amcor, Steel, China Plastic & Rubber Journal, Safety, Natural gas, Plastic, Agriculture, Compound annual growth rate, Video game

Industrial packaging encompasses specialized, durable packaging solutions designed for the wrapping, containment, and sealing of FMCG during storage and distribution.

Key Points: 
  • Industrial packaging encompasses specialized, durable packaging solutions designed for the wrapping, containment, and sealing of FMCG during storage and distribution.
  • The global industrial packaging market is segmented by material type into seven categories: corrugated boxes, intermediate bulk containers (IBC), sacks, drums, pails, crates, and others.
  • Protective industrial packaging is also essential for the secure transportation of goods, including potential product returns, further boosting the industrial packaging market.
  • As raw material costs increase, so do industrial packaging prices, hindering market growth.