BASF will move its BASF Plant Science headquarters to Raleigh, North Carolina.
BASF (Ludwigshafen, Germany) says it is shifting its plant biotechnology business towards North and South America because of a lack of acceptance for the technology in much of Europe.
“We are convinced that plant biotechnology is a key technology for the 21st century. However, there is still a lack of acceptance for this technology in many parts of Europe-from the majority of consumers, farmers, and politicians,” said Stefan Marcinowski, PhD, a member of BASF’s board of executive directors.
The company will halt the development and commercialization of GMO products intended solely for European markets, including but not limited to genetically modified starch potatoes (Amflora, Amadea, and Modena) and a wheat variety resistant to fungal disease.
In its transition towards the American markets, BASF will move the headquarters of its subsidiary BASF Plant Science from Limburgerhof, Germany to Raleigh, North Carolina. Some employment positions will be cut, but the company will try to retain employees within BASF Plant Science or different sectors of the company.
NutriSciences Innovations announces acquisition of XSTO Solutions
October 22nd 2024According to the company’s press release, the strategic acquisition adds six new branded products to the NutriScience portfolio, strengthening its role as a preferred ingredient supplier to leading brands in the wellness, food, and beverage industries.
The Nutritional Outlook Podcast Episode 34: Demystifying Prebiotics and Postbiotics
September 30th 2024In this episode of the Nutritional Outlook Podcast we are looking back on a webcast Nutritional Outlook hosted in May, called “Demystifying the Prebiotic and Postbiotic Markets.” During that event, Sandra Saville, director of education and communication for the International Probiotics Association and Dr. Jessica A. Younes, scientific director of the International Probiotics Association debunked myths about prebiotic and postbiotics, and defined the respective categories to help manufacturers better understand how to responsibly formulate and market prebiotic and postbiotic products.
Balchem’s Newest Launch Optifolin⁺® Brings Innovation to the Folate Market
September 19th 2024Supplement launches featuring 5-MTHF are on the rise with double digit growth. In this episode of Nutritional Outlook’s podcast, we explore Optifolin⁺, a new ingredient in the market that offers essential nutrition from prenatal through adulthood. Join us as we uncover the potential impact of the next evolution in folate, setting the stage for a healthier future.