19 July 2023
19 July 2023
The news comes just days after Moscow announced it was taking control of Danone’s Russian operations.
Saffron Road believes it can fill a gap left by plant-based businesses that have pulled out of the market or gone under.
The meat giant shut the Juara facility in 2021 as part of its operational strategy.
Scandi Standard bought a majority stake in the company in 2018.
Bread and cereals prices were 16.7% higher than a year ago, while the cost of sugar surged almost 54% in June.
The Emmaus, Pennsylvania, plant is scheduled to be running in mid-2024.
An analysis of public filings issued by food companies in the second quarter shows ESG to the fore.
President Zelensky said Ukraine, the UN and Turkey can ensure the food corridor stays open.
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