The September 2023 issue of FOOD ENGINEERING features the 2023 Top 100 Food & Beverage Companies, Driving Successful Digital Transformation, and much more!
The rising cost of ingredients due to inflation and supply is deflating food and beverage manufacturers’ revenue, which has created movement in this year’s list.
The rising cost of ingredients due to inflation and supply is deflating food and beverage manufacturers’ revenue, which has created movement in this year’s list.
A wider-than-expected first quarter loss was experienced because of high input costs, inflation and supply and demand imbalances, impacting performance in all units.
September 14, 2023
A wider-than-expected first quarter loss was experienced because of high input costs, inflation and supply and demand imbalances, impacting performance in all units.
It has been a year of innovation for ADM. The company reported that its agriculture and oilseed results were strong but slightly lower than in the second quarter of 2022.
Cargill—agricultural giant and the largest private company in the US – has experienced a slowing of profits this year, owing to less volatility in the global grain market and the collapse of meatpacking margins in the US.
The Coca-Cola Company reported strong second-quarter results, posting a 6% rise in net revenue to $12.0 billion, after its results were boosted by price hikes.
Olam Group – one of the world’s biggest agricultural traders – posted an 8.3% drop in its annual net profit, as better performance at its agricultural unit was offset by higher finance and input costs.
Global agribusiness cooperative CHS posted $547.5 million in net income for Q3 2023 boosted by strong global demand, compared to its record third quarter net income of $576.6 million in fiscal year 2022.
A single-stream mechanical recycling pilot demonstration produces the rFlex bale, a flexible packaging byproduct that could be used for future end markets and as a possible feedstock.
A single-stream mechanical recycling pilot demonstration produces the rFlex bale, a flexible packaging byproduct that could be used for future end markets and as a possible feedstock.
Beyond the normal process measurements needed to check that production is on track, analytical instrumentation can track important variables that can keep difficult-to-control processes on track.
Engage a full-service business partner with OT expertise to improve supply chain traceability, navigate the cyberthreat landscape, and optimize operational and business workflows.
September 21, 2023
Engage a full-service business partner with OT expertise to improve supply chain traceability, navigate the cyberthreat landscape, and optimize operational and business workflows.
The company has several demonstrations scheduled for the event that will showcase a few of its new robotic motion solutions designed for industrial and hygienic applications.