Core Insights - dsm-firmenich has achieved its goal of sourcing 100% of purchased electricity from renewable sources ahead of its 2025 target, marking a significant milestone in its sustainability strategy [1][2][3] Group 1: Sustainability Goals - The company aims to reach net-zero greenhouse gas emissions across its operations and value chain by 2045, validated by the Science Based Targets initiative [2][3] - The achievement of 100% renewable electricity sourcing is part of a broader commitment to maintain this level through 2030 [2] Group 2: Leadership Statements - CEO Dimitri de Vreeze emphasized that this milestone reflects the company's decisive actions and dedication towards sustainability [3] - Chief Sustainability Officer Katharina Stenholm acknowledged the ongoing journey towards long-term goals, highlighting the importance of collective effort [3] Group 3: Sourcing Strategy - dsm-firmenich's strategy included long-term power purchase agreements with large wind and solar farms in Europe and North America, as well as local retail contracts [4] - The company is also increasing renewable purchases in China through several long-term contracts [4] Group 4: Broader Energy Focus - In addition to renewable electricity, dsm-firmenich is expanding its focus on renewable steam and heat from sustainably sourced biomass co-generation plants in multiple countries [5] - The company is optimizing waste streams and collaborating on new low-carbon solutions as part of its greenhouse gas reduction program [5] Group 5: Company Overview - dsm-firmenich operates in the nutrition, health, and beauty sectors, with revenues exceeding €12 billion and a workforce of nearly 30,000 employees [6]

Craft Hinds announced plans today to split into two companies, unwinding much of its 10-year-old 46 billion dollar merger that created one of the biggest food companies in the world. The first of the two new companies, which are not yet named, will include shelf stable meals and will be home to brands such as Hines, Philadelphia, and Craft Mac and Cheese. The second company is going to be a portfolio of American staples such as craft singles and Lunchables. ...

Key Takeaways Tyson Foods benefits from a multi-protein portfolio, strong demand and global expansion.Iconic brands like Tyson, Jimmy Dean and Hillshire Farm reinforce TSNs protein leadership.Innovation in products and brand platforms drives loyalty and long-term growth opportunities.Tyson Foods, Inc. (TSN) benefits from a diversified protein portfolio, strong consumer demand and an expanding global foothold. The company’s focus on operational excellence, brand leadership and digital advancements further st ...

Centerview Partners has nabbed the key advisory role on the Kraft Heinz Co. breakup, unwinding a megamerger the boutique bank advised on more than a decade ago https://t.co/SUxS9afxZJ ...

The consumer staples sector has faced some significant challenges in recent months. Cost pressures due to persistent inflation, high commodity prices, and tariffs have damaged profit margins, while real average wages have fallen and caused consumers to tighten belts. Investor attention has also turned more toward high-growth industries like AI, leaving consumer staples names facing high valuations and limited upside. However, with economic uncertainty continuing to loom and many investors increasingly takin ...

Nestlé named Philipp Navratil as its new chief executive officer after the Swiss food company dismissed Laurent Freixe over an undisclosed romantic relationship https://t.co/1fNAk1VJl4 ...

Key Takeaways Post Holdings will sell 8th Avenue's pasta business to Richardson for $375M in cash and liabilities.POST will retain nut butters, fruit and nut, and granola, aiming for $45-$50M EBITDA in fiscal 2026.Management approved a new $500M buyback plan after cancelling the prior authorization on Aug. 28.Post Holdings, Inc. ((POST) has agreed to divest the pasta business of its recently acquired 8th Avenue Food & Provisions to Richardson (US) Holdings Limited. Valued at $375 million in cash, with Richa ...

Core Viewpoint - Hormel Foods Corporation will participate in Barclays 18th Annual Global Consumer Staples Conference, showcasing its leadership and commitment to the consumer staples sector [1]. Company Overview - Hormel Foods Corporation is a global branded food company based in Austin, Minnesota, with approximately $12 billion in annual revenue across more than 80 countries [3]. - The company offers a diverse portfolio of brands, including PLANTERS®, SKIPPY®, SPAM®, HORMEL® NATURAL CHOICE®, APPLEGATE®, and more than 30 other well-known brands [3]. - Hormel Foods is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, recognized for its corporate responsibility and community service efforts [3].

Exclusive: Kraft Heinz is closing in on a plan to break itself up, according to people familiar with the matterhttps://t.co/skxB9U6gDG ...

Core Insights - The Future of Snacking 2025 report by Conagra Brands highlights key trends shaping the $148.6 billion U.S. snacking market, emphasizing evolving consumer behaviors and preferences [1][8]. Group 1: Emerging Trends - **Flavor Explosion**: Traditional flavors like sea salt and BBQ remain popular, but bold flavors such as sriracha and garlic parmesan are driving significant growth [3][11]. - **Snacking Without Borders**: Global snack sales reached $5.7 billion, with a 22% volume growth over the past three years, driven by younger consumers' interest in multicultural flavors [4][11]. - **Better-for-You Snacking**: There is a rising demand for protein-rich, portion-controlled, and nutrient-dense snacks, particularly among Gen Z and Millennials, with specific claims like "grass-fed" and "gut health" gaining traction [4][11]. Group 2: Market Dynamics - **Co-Branded Bites**: Co-branded snacks are generating nearly $2.1 billion in annual sales, leveraging partnerships with restaurants and entertainment brands to enhance market appeal [4][11]. - **Snacks on the Go**: Convenience is a key driver, with away-from-home snack occasions projected to grow by 39% by 2027, indicating a shift towards more accessible snack options [5][11].