Louis Dreyfus Company will build a pea protein production facility in Saskatchewan as it invests in plant-based protein as part of a push to diversify its agricultural commodity activities.
Tag Archives pea protein
Louis Dreyfus plans pea protein plant in Sask
Company also plans to double oilseed crushing capacity at Yorkton site
Plant protein processor Merit Foods in receivership
Company owes $95 million to EDC, FCC
The company behind a new Prairie processing plant extracting plant-based proteins from peas and canola has landed in receivership, in the high eight figures’ debt to its secured lenders. PricewaterhouseCoopers […] Read more
Pulse weekly outlook: Pea protein in demand despite falling yields
MarketsFarm — Very few crops took more of a hit during the drought-stricken summer of 2021 than dry peas. Meanwhile, firm international demand and tightening stocks will raise pea prices […] Read more
Plant-based protein maker Roquette sees short-term COVID-19 impact
Demand could accelerate second Canadian plant
Paris | Reuters — The plant-based protein market has seen a slowdown in new product launches and lower sales in restaurants and cafeterias due to COVID-19 but benefited from more […] Read more
Bunge buys into canola, pea protein maker Merit
Agribusiness giant takes quarter stake in processor
One of the world’s biggest grain companies is getting in on a processing facility under construction in Winnipeg to extract plant-based proteins from canola and peas. Winnipeg-based Merit Functional Foods […] Read more
Nestle launching pea-based vegan alternative to tuna
'Vuna' going first to Swiss supermarkets
Zurich | Reuters — Food giant Nestle is launching a new plant-based tuna alternative in Switzerland this month ahead of a global rollout, hoping that consumers eating at home during […] Read more
Plant protein processor backed for expansion
Lenders arrange up to $85 million for Merit Functional Foods
The money has been lined up to fund a major expansion for a Winnipeg pea and canola protein processing plant that’s still being built. Merit Functional Foods Corp. announced May […] Read more
Cargill to enter faux-meat market
Major processor/packer expanding plant-based protein product line
U.S. agrifood giant Cargill is set to bring its crop supply chain further into its proteins business via a new line of plant-based patty and ground products for the retail […] Read more
Beyond Meat locks in Roquette pea protein supply
Plant-based protein firm Roquette has been booked to “significantly” increase the amount of pea protein it provides to expansion-hungry U.S. faux-meat processor Beyond Meat in the next three years. Los […] Read more
Pea, canola protein processing plant planned for outside Winnipeg
MarketsFarm — Somewhere outside Winnipeg, a new pea and canola processing plant is scheduled to be in production by August 2020. The $65 million facility is expected to process up […] Read more