Dumped Chinese pea protein was “main reason our operation became non-viable,” says ex-CEO at Merit Functional Foods as Canada launches probe.
PURIS CEO Tyler Lorenzen says the DOC ruling sends a “clear message that dumping and unfair trade tactics won’t be tolerated.”
Pea milk maker Ripple Foods has raised $49m in a new round according to an SEC filing, taking its cumulative funding to more than $274m.
The ITC says there is “a reasonable indication” that Chinese companies are dumping subsidized pea protein in the US ‘at less than fair value.’
There is still no news regarding a buyer for the assets of plant protein co Merit Functional Foods, more than 5 months after it went into receivership.
Plant protein tech company Burcon NutraScience is still “actively seeking partnerships” to acquire the assets of distressed plant protein processor Merit Functional Foods, which went into receivership on March 1.
Japanese dairy giant Megmilk Snow Brand Co is investing in plant-based proteins via a joint venture with Singapore-based Agrocorp International.
Burcon NutraScience says it is working with “additional industry participants” to acquire the assets of distressed plant protein processor Merit Functional Foods after the receiver rejected its initial bid.
Burcon NutraScience has teamed up with an unnamed “industry plant protein company” to submit a bid to acquire the assets of distressed plant protein processor Merit Functional Foods, which went into receivership on March 1.
Parties interested in bidding for distressed plant protein processor Merit Functional Foods have until April 21 to submit an offer, says receiver PriceWaterhouseCoopers.
Burcon NutraScience—which developed the plant protein extraction technology utilized by Merit Functional Foods—says it will submit a formal proposal to acquire the distressed business, which went into receivership on March 1.
Equinom uses computational breeding, not genetic engineering, to breed crops with enhanced properties, such as a higher protein pea.
The Israeli startup combs thousands of recipes, menus, and social media conversations to figure out what food and beverage trends consumers will crave next.
Sponsored
Sponsored post: The innovator’s dilemma: why agbioscience innovation must focus on the farmer first