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Kerry to purchase preservative company Niacet for $1B

News Irish ingredients giant Kerry Group has entered into an agreement to buy the clean-label preservatives manufacturer Niacet from the private equity group SK Capital for $1 billion. The transaction is expected to close in the third quarter of this year. Following the acquisition, Niacet will be integrated into Kerry’s global food protection and preservation […]

Cambridge University invents vegan spider silk to replace single-use plastics

News Xampla, a spinoff from Cambridge University, is working on commercializing a biodegradable alternative to single-use plastics that is made out of plant products but where the molecular structure is manipulated to resemble spider silk. The polymer film is comprised of crystalline and amorphous chains that have been genetically engineered to replicate the protein chains […]

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