Mondelez to re-open war-damaged Ukraine crisp factory
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More on the Ukraine Crisis
Global institutions pledge billions in food-security action plan
“There is a very real risk that soaring global market prices of food and fertiliser will result in more…
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Arla quits Russia, selling business to management
The Danish firm announced it was suspending its business in Russia in early March.
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Mexico to waive import duties on food staples as inflation bites
In an announcement on the government’s official gazette, Mexico said it will suspend duties for at least a year.
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India’s export ban “another blow” to wheat prices
The G7 has criticised India's ban just when the world faces Ukraine-linked shortages.
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Fazer Group sells Russian business to bakery firm Kolomenskij
Fazer said in early March it would be leaving the Russian market following the invasion of Ukraine.
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Raisio follows Valio in selling assets in Russia
Days after Valio’s announcement, fellow Finnish food group reveals buyer of Russian operations.
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A fast-changing picture – getting to grips with Indonesia’s palm oil export ban
Changes to the scope of the ban appear to have caught some large food manufacturers on the hop.
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Indonesia includes crude palm oil in expanded export ban
The world’s largest palm-oil exporter starts its ban today (28 April) – and has made late changes to its…
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France tweaks labelling rules amid Ukraine sunflower oil crunch
Food manufacturers, facing depleted supplies of the ingredient, are switching to other types of oil.
By Mondelez flags US$200m revenue hit this year from Ukraine closures
It also expects a hit to its annual profit due to the Russian invasion of the country.
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Finland’s Valio sells Russia assets to local peer Velkom Group
Valio was among the overseas food manufacturers that stopped operating in Russia after the invasion of Ukraine.
By Indonesia palm oil export ban may be partial
But the majority of Indonesia’s palm oil exports are in the form of processed oils and are covered by…
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Indonesia bans palm oil exports
The move was announced by the country’s leader, President Joko Widodo, on Friday.
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UN calls for help for poorer countries facing surging food prices
It is calling for the establishment of a financing facility to help poorer countries deal with the problems they…
By World bodies urge international intervention on food security
For each one-percentage point increase in food prices, the World Bank estimates ten million people globally are pushed into…
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Ukraine’s MHP halts operations at Donetsk unit
The agri-food group has suspended business at a meat-processing subsidiary in the eastern region.
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As commodity supplies shrink and prices rise, low-income countries feel impact of Ukraine war
“It will be impossible for other countries to cover the gap if Ukraine and Russia don’t produce next year.”
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Orkla may alter recipes as Ukraine crisis crimps sunflower oil supplies
Orkla saw a change of leadership this week with Nils Selte coming in as president CEO.
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Russia’s Sberbank to sell 44% stake in Croatian agri-food group Fortenova
Indotek, an investment group in Hungary, is lined up to purchase the Fortenova stake.
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Russian shellfish, fertiliser feature in EU’s fifth round of sanctions
The EU's ban on Russian shellfish imports follows seafood sanctions by the US in March.
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