SIG has launched a new digital smart factory solution, Plant 360 Asset Health Monitoring, which it said will help customers improve operations and ensure food safety and quality while reducing costs.
Saudi Arabian dairy company Almarai said it is the first brand in the world to obtain a Pandemic Prepared Certification from AIB International due to its application of best practices for food safety in times of epidemics.
Saudi food conglomerate Almarai has reported a drop of 11.9% in second-quarter profits this year to SAR 582.5 million (US$155 million) compared to the corresponding quarter in 2018, attributing this to the performance drop in its dairy and juice category.
The latest Brand Finance Food & Drink 2019 report shows that, again, Switzerland’s Nestlé tops the food ranking, although its brand value increased by just 1% year on year to $19.6bn.
The European Bank for Reconstruction and Development (EBRD) is providing Egyptian dairy and juice producer, the International Company for Agricultural Industries Projects, S.A.E (Beyti), with a $44m loan.
