NovoNutrients, an alternative proteins company that uses industrial carbon dioxide fermentation, cheap hydrogen, and naturally occurring microbes to create high-grade proteins for human and animal consumption, today announced a slate of new technology leaders.

Martin will continue to report to Dana McNabb, chief strategy and growth officer, and oversee the company’s global brand building capability, as well as its emergent business innovation.

The J.M. Smucker Co. announced it has entered into a definitive agreement to sell its natural and organic beverage and grains businesses to Nexus Capital Management LP in a cash transaction valued at approximately $110 million.

Members of the International Food & Beverage Alliance (IFBA) have developed a collective commitment by the food industry to implement globally set standardized targets for sodium reduction in manufactured foods.

The alternative protein market is set to be worth $290 billion by 2035 and Kernel™ is turning that trend into product demand.

With this acquisition, Vertellus expands its offering of environmentally friendly ingredients and serves a growing global base of customers in high-growth specialty, personal, home and health care markets.

Innophos, a global leader of specialty ingredient solutions that delivers far-reaching, versatile benefits for the food, health, nutrition, and industrial markets, announced an addition to their marketing team. Chris Antal has recently joined Innophos as strategic marketing manager. 

The US Food and Drug Administration announced that it intends to propose that “Acacia (Gum Arabic)” also known as gum acacia, be included as part of the FDA's definition of dietary fiber. The action is being taken in response to a citizen petition from Nexira, Alland & Robert and Importers Service Corporation.

Kerry announced the appointment of Oliver Kelly as president and chief executive officer of its North American operations, effective January 1, 2022.

The Urgent Company, the consumer brands subsidiary of Perfect Day, announced the acquisition of Coolhaus, the leading women-owned ice cream brand in the grocery store, and a pioneer in dessert innovation and novelties.