PureCircle

Kodiak Expands Leadership Team with Appointment of Steve Katzenberger as Chief Operating Officer and Sonali Dalvi as Vice President of Product Development

Retrieved on: 
Tuesday, March 5, 2024
Olam, Social media, New product development, Sonali, Campbell Soup Company, Post Holdings, PureCircle, SVP, Kraft Foods, Supply chain, PepsiCo, Research, Management

PARK CITY, Utah, March 5, 2024 /PRNewswire/ -- Kodiak, the breakfast company known for its high-protein, 100% whole grain products, announced the recent appointment of Steve Katzenberger as Chief Operating Officer and Sonali Dalvi Vice President of Product Development, a newly created role at Kodiak. Both Katzenberger and Sonali will report to CEO, Val Oswalt.

Key Points: 
  • PARK CITY, Utah, March 5, 2024 /PRNewswire/ -- Kodiak, the breakfast company known for its high-protein, 100% whole grain products, announced the recent appointment of Steve Katzenberger as Chief Operating Officer and Sonali Dalvi Vice President of Product Development, a newly created role at Kodiak.
  • "We are excited to have both Steve and Sonali join the Kodiak team," said Oswalt, CEO.
  • In a monumental addition to Kodiak, Dalvi will be the brand's first ever Vice President of Product Development, reinforcing Kodiak's dedication to creating superior products.
  • "I am so honored to be joining Kodiak on their mission to bring nutrient-rich meals to families," said Dalvi, VP, Product Development.

Federal Circuit Affirms Sweet Win for SweeGen in Patent Invalidity Battle

Retrieved on: 
Friday, January 5, 2024
Patent, Food, PureCircle

WASHINGTON, Jan. 5, 2024 /PRNewswire/ -- On January 2, 2024, Sterne, Kessler, Goldstein & Fox earned a patent infringement victory at the U.S. Court of Appeals for the Federal Circuit for client SweeGen Inc. regarding a natural non-caloric sweetener used in food and drinks.

Key Points: 
  • WASHINGTON, Jan. 5, 2024 /PRNewswire/ -- On January 2, 2024, Sterne, Kessler, Goldstein & Fox earned a patent infringement victory at the U.S. Court of Appeals for the Federal Circuit for client SweeGen Inc. regarding a natural non-caloric sweetener used in food and drinks.
  • The Federal Circuit affirmed a district court decision granting defendant-appellee SweeGen's motion for Summary Judgment of patent invalidity, holding all claims of the asserted patents invalid for inadequate written description under 35 U.S.C.
  • § 112, and further holding certain claims invalid for claiming ineligible subject matter under 35 U.S.C.
  • v. Sweegen, Inc., et al.

Sweegen Triumphs in Federal Court Appeal, Securing Victory Against PureCircle

Retrieved on: 
Wednesday, January 3, 2024
Reb, Research, Fast-moving consumer goods, Organic, Southern Division, Food, PureCircle, United States district court, CPG, District court, Judgement

Sweegen is the primary producer of non-GMO Reb M originating from the stevia leaf, made with a proprietary clean bioconversion method.

Key Points: 
  • Sweegen is the primary producer of non-GMO Reb M originating from the stevia leaf, made with a proprietary clean bioconversion method.
  • "Throughout this litigation, we consistently asserted the invalidity of PureCircle's patents, considering their case against Sweegen as baseless and spurious.
  • Sweegen continues its investigation into the adulterated Reb M.
    The U.S. Court of Appeals for the Federal Circuit case is Pure Circle Inc., et al v. Sweegen, et al., case number appeal number 2022-1946 .
  • v. Sweegen, Inc., et al., case number 8:18-CV-01679-JVS-JDE, in the United States District Court, Central District of California, Southern Division, Judge James V. Selna.

Ingredion Incorporated Reports Strong Third Quarter Results and Raises Full-Year Outlook

Retrieved on: 
Tuesday, November 7, 2023
Ingredion, Corporation, EPS, Acquisition, PureCircle, Capital expenditure, Online shopping

The changes were driven by favorable price mix, partially offset by lower volume, higher raw material costs and foreign exchange impacts.

Key Points: 
  • The changes were driven by favorable price mix, partially offset by lower volume, higher raw material costs and foreign exchange impacts.
  • Excluding foreign exchange impacts, segment operating income was up 13% and 58%, respectively, for the third quarter and year-to-date.
  • In the first nine months of 2023, the Company paid $143 million in dividends to shareholders.
  • During the quarter, the Company repurchased $101 million of outstanding shares of common stock.

Ingredion Incorporated Reports Strong Second Quarter Results and Raises Full-Year Outlook

Retrieved on: 
Tuesday, August 8, 2023
PureCircle, EPS, Ingredion, Capital expenditure, Acquisition, Corporation, Eastern Time Zone, Music, Online shopping

The changes were driven by favorable price mix, partially offset by lower volumes, higher input costs and foreign exchange impacts.

Key Points: 
  • The changes were driven by favorable price mix, partially offset by lower volumes, higher input costs and foreign exchange impacts.
  • Excluding foreign exchange impacts, segment operating income was up 59% and 80%, respectively, for the second quarter and year-to-date.
  • Ingredion considers return of value to shareholders through cash dividends and share repurchases as part of its capital allocation strategy to support total shareholder return.
  • Cash from operations for full-year 2023 is now expected to be in the range of $600 million to $700 million.

Ingredion Incorporated Reports Record First Quarter Results and Raises Full-Year Outlook

Retrieved on: 
Wednesday, May 3, 2023
PureCircle, EPS, Ingredion, Capital expenditure, Acquisition, Central Time, Corporation, Music, Online shopping

The change was driven by favorable price mix, partially offset by higher input costs and foreign exchange impacts.

Key Points: 
  • The change was driven by favorable price mix, partially offset by higher input costs and foreign exchange impacts.
  • In the first quarter, we paid $47 million in dividends to shareholders and announced our quarterly dividend of $0.71 per share to be paid in the second quarter.
  • Ingredion considers return of value to shareholders through cash dividends and share repurchases as part of its capital allocation strategy to support total shareholder return.
  • For the second quarter 2023, the Company expects net sales growth to be up mid-single digits and operating income to be up low double digits to mid-double digits, compared to second quarter 2022.

Sweegen Wins Stevia Reb M Patent Lawsuit Against PureCircle

Retrieved on: 
Tuesday, May 24, 2022
Well, CEO, Food, Solution, PureCircle, Uniloc USA, Inc. v. Microsoft Corp., Ingredion, Brazzein, Patent, Industry, Southern Division, Future, Douglas v. U.S. District Court ex rel Talk America, Reb, Love, Stevia, District court, N, GLOBE, Generic drug, Soft drink

Rancho Santa Margarita, Calif., May 24, 2022 (GLOBE NEWSWIRE) -- Sweegen , the global pioneer in wellness ingredient technologies and innovations, announced its victory against PureCircle in a stevia Rebaudioside M (Reb M) patent lawsuit.

Key Points: 
  • Rancho Santa Margarita, Calif., May 24, 2022 (GLOBE NEWSWIRE) -- Sweegen , the global pioneer in wellness ingredient technologies and innovations, announced its victory against PureCircle in a stevia Rebaudioside M (Reb M) patent lawsuit.
  • "Today's judgment vindicates Sweegen and affirms the company's position as an industry leader in innovative sweetener solutions," said Steven Chen, CEO of Sweegen.
  • PureCircle, acquired by Ingredion in 2020, had filed the 2018 lawsuit against Sweegen in the U.S. District Court for the Central District of California, accusing Sweegen of infringing two PureCircle patents covering the manufacture of Reb M.
    The legal tide turned on PureCircle when Sweegen obtained a summary judgment that both of PureCircle's asserted patents are invalid.
  • Sweegen is the primary producer of the highly sought-after non-GMO Reb M originating from the stevia leaf , made with a proprietary clean bioconversion method.

“Circular Economy” Leader Alvinesa Natural Ingredients Appoints Jordi Ferre Chief Executive Officer

Retrieved on: 
Wednesday, November 17, 2021
Tate & Lyle, Warner–Lambert, CEO, Biomass, BBA, Marketing, Micronutrient, PureCircle, ICG, Intermediate Capital Group, London Stock Exchange, Tate, Polyphenol, Polysaccharide, Nasdaq, Wise Foods, FTSE, London, Wine, GLOBE, Anthocyanin, Board, Vitis, Water, Alcohol, Director, Electricity, Carbon footprint, Food, Cosmetics, Vegetable, Growth, Management, Fine chemical, Renewable energy

DAIMIEL, Spain, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Alvinesa Natural Ingredients , a circular economy leader of sustainable plant-based ingredients, has appointed Jordi Ferre Chief Executive Officer and member of the Board of Directors.

Key Points: 
  • DAIMIEL, Spain, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Alvinesa Natural Ingredients , a circular economy leader of sustainable plant-based ingredients, has appointed Jordi Ferre Chief Executive Officer and member of the Board of Directors.
  • Alvinesa, operating for nearly 30 years, manufactures natural ingredients for use in the food and beverage, nutrition, cosmetics, animal nutrition and wine-making industries.
  • Alvinesa controls a sustainable and traceable supply chain that transforms organic coproducts into valuable natural ingredients, avoids waste and promotes healthy living.
  • Alvinesa Natural Ingredients is a circular economy leader of sustainable plant-based ingredients.

Allergen Free Food Market Expected to Reach $108 Billion By The End Of 2030.

Retrieved on: 
Thursday, September 23, 2021
Spend, Securities Act of 1933, Drink, Ingredion, Food, NEVER, CAGR, Private Securities Litigation Reform Act, Carbon, Nomad Foods, Seafood, FNM, Growth, Industry, Southeastern United States, News, NEWS, Letter, NPRA, National Food Security Act, 2013, Health, NOT, Carbohydrate, Stevia, Diabetes, CEO, Medicine, Food allergy, Technology, History, Canaccord Genuity, NYSE, S&W, Annual report, Solution, U.S. Securities and Exchange Commission, PALM, Head, Food market, Designated activity company, Marketing, The Non-GMO Project, Company, Forward-looking statement, Social media, Journey, Security (finance), Lactose, Intention, Advertising, CSE, Evolution, Food industry, Form 10-K, ANY, IPO, Research, Securities Exchange Act of 1934, Initial public offering, PureCircle, FMI, Hormel, Management, Aquaculture

According to a report from Future Market Insights "the expansion of online channels will give impetus to the allergen free food market, which according to FMI will offer incremental growth opportunities, enabling the market reachUS$ 108.0 Bnby the end of 2030.

Key Points: 
  • According to a report from Future Market Insights "the expansion of online channels will give impetus to the allergen free food market, which according to FMI will offer incremental growth opportunities, enabling the market reachUS$ 108.0 Bnby the end of 2030.
  • The report said: "FMI forecasts the market for allergen free foodto grow at an impressive 8.6% CAGR between 2020 and 2030.
  • Future Market Insights continued with: "Surprisingly, peanut free products were among top three sought after allergen free food product categories, apart from gluten free, dairy free As per FMI report, the global allergen free food market is estimated to surpass the valuation of US$ 46.4 Bn by the end of 2020.
  • These consumer oriented strategic initiatives undertaken by allergy free food companies will usher a new dawn of health food category."

Allergen Free Food Market Expected to Reach $108 Billion By The End Of 2030.

Retrieved on: 
Thursday, September 23, 2021
Spend, Securities Act of 1933, Drink, Ingredion, Food, NEVER, CAGR, Private Securities Litigation Reform Act, Carbon, Nomad Foods, Seafood, FNM, Growth, Industry, Southeastern United States, News, NEWS, Letter, NPRA, National Food Security Act, 2013, Health, NOT, Carbohydrate, Stevia, Diabetes, CEO, Medicine, Food allergy, Technology, History, Canaccord Genuity, NYSE, S&W, Annual report, Solution, U.S. Securities and Exchange Commission, PALM, Head, Food market, Designated activity company, Marketing, The Non-GMO Project, Company, Forward-looking statement, Social media, Journey, Security (finance), Lactose, Intention, Advertising, CSE, Evolution, Food industry, Form 10-K, ANY, IPO, Research, Securities Exchange Act of 1934, Initial public offering, PureCircle, FMI, Hormel, Management, Aquaculture

PALM BEACH,  Fla., Sept. 23, 2021 /PRNewswire/ -- The Allergen-Free Food Market has been experiencing substantial growth during the pandemic. Food includes anti-diabetic foods, gluten-free. Lactose-free, and others. Many people are allergic to gluten, lactose or are unable to consume high-calorie products due to diabetes, which has led food manufactures to produce allergen-free food. Additionally, many consumers now prefer allergen free foods and beverages in the belief that they will aid their digestive health, weight management and general wellbeing.  According to a report from Future Market Insights "the expansion of online channels will give impetus to the allergen free food market, which according to FMI will offer incremental growth opportunities, enabling the market reach US$ 108.0 Bn by the end of 2030.  The report said: "FMI forecasts the market for allergen free food  to grow at an impressive 8.6% CAGR between 2020 and 2030. Weaker brick & mortar retail inventory in first half of 2020, pushed consumers to online stores, which witnessed over 60% amplified demand for allergy-friendly food products. Ad Spend in the first half of 2020 on three leading social media platforms increased by an average of 32% by top 50 brand, comparing against the first half of 2019. Consumers evaluated brand familiarity, labelling and price of at least three brands before making the final purchase decision, revealed in Buyer's Journey section of the FMI report."  Active Companies in the markets today include Nepra Foods Inc. (CSE: NPRA), Komo Plant Based Foods Inc. (OTCPK: KOMOF) (CSE: YUM), Hormel Foods Corporation (NYSE: HRL), Nomad Foods Limited (NYSE: NOMD), Ingredion Incorporated (NYSE: INGR).

Key Points: 
  • According to a report from Future Market Insights "the expansion of online channels will give impetus to the allergen free food market, which according to FMI will offer incremental growth opportunities, enabling the market reachUS$ 108.0 Bnby the end of 2030.
  • The report said: "FMI forecasts the market for allergen free food to grow at an impressive 8.6% CAGR between 2020 and 2030.
  • Future Market Insights continued with: "Surprisingly, peanut free products were among top three sought after allergen free food product categories, apart from gluten free, dairy free As per FMI report, the global allergen free food market is estimated to surpass the valuation of US$ 46.4 Bn by the end of 2020.
  • These consumer oriented strategic initiatives undertaken by allergy free food companies will usher a new dawn of health food category."