With Melt&Marble contributing its proprietary fats, and Valio bringing its knowledge of formulation and food application, the companies will work on developing products that meet industry demand for functionality and taste.
Element 6 and Lummus announced an exclusive global partnership that they expect will leverage a unique solution to address the worldwide challenge of per- and polyfluoroalkyl substances destruction.
The parties agreed necessary approvals and closing conditions to effectuate the business combination are no longer expected to be completed in the timetable set in an MOU.
The to-be-built facility in the U.S. will house an enclosed system designed to support all aspects of insect protein production including the breeding, incubating and hatching of insect larvae.