KCG Corporation Pcl. or KCG, a leading manufacturer, distributor, and importer of butter, cheese, and consumer products from around the world, has taken a step forward in expanding its investments after being listed on the Stock Exchange of Thailand (SET). KCG showcases a clear investment plan to increase production and enhance distribution center systems, as well as modernize its storage facilities. KCG aims to develop products and innovations for creating pleasure of food taste in every meal, catering to consumers of all ages and genders, ensuring sustainable growth.
Dr. Watit Tamavimok, CEO and Managing Director of KCG Corporation Public Company Limited (KCG or the Company), reveals that the Company’s shares will be traded for the first time on the SET in the Agro & Food Industry – Food & Beverage under the symbol KCG. The Company is confident that its long-established and strong foundation will attract investors’ interest, as KCG aspires to become a leading manufacturer and importer of butter, cheese, and consumer products from around the world.
KCG has planned investments for the years 2023-2024, intending to increase the production capacity of individually wrapped processed cheese slices from the current 2,106 tons per year to 4,212 tons per year within this year. Additionally, the butter production capacity at its factory in Thepharak will be expanded from the current 18,596 tons per year to 23,261 tons per year in 2024. The Company will also invest in new machinery and upgrade the sterile rooms at its factory.
Furthermore, KCG will invest in the construction and development of the KCG Logistics Park, which will be a state-of-the-art, comprehensive distribution and storage center. KCG Logistics Park will include both frozen and ambient storage facilities, as well as modern and efficient product handling and management, according to the GMP C and GMP D standards, which are European standards. The Company also plans to incorporate automated system technology to fully develop the factories into a fully automated production system in the future. The planned upgrade is expected to be completed by 2024.
Mr. Pichet Sitti-amnuai, President of Bualuang Securities Public Company Limited, a financial advisor and lead underwriter, states that KCG is a company engaging in the manufacturing, distribution, and import of butter, cheese, and consumer products from around the world. The Company is a trendsetter that emphasizes the development of new products and innovations in both butter and cheese products that cater to the lifestyles of modern consumers. Additionally, these products serve as a healthy alternative, aligning with the current trend of health-conscious consumers, particularly in the much growing Western-style restaurants, especially bakeries and cafes. The Company also has a solid production base and investment plans to expand production capacity and implement automation technology to improve production efficiency. We believe that a strong business strategy will drive sustainable growth for KCG in the future.
Released by Public Relations Dept., MT Multimedia Co., Ltd. for KCG Corporation PCL
For further information, please contact:
Yuttachai Praikhanahok (Tle)
Tel: +66 2 612 2081 ext. 125 or 091-736-2866
Email: yuttachai.p@mtmultimedia.com
KCG Corporation PCL, https://kcgcorporation.com/en/ [SET: KCG]
Category: Food & Beverage
International Self-Care Day: Better Self-Care, Better Healthcare; Better Welfare Globally
Continued calls for WHO resolution on self-care
International Self-Care month 2023 opened with an ambitious joint statement of intent from the United for Self-Care Coalition: It’s time to put self-care at the front of the healthcare debate”. And today, on International Self-Care Day, the Global Self-Care Federation (GSCF) is calling for all stakeholders to back the urgent adoption of a WHO resolution on self-care. A rise in chronic conditions, an aging population, and the COVID-19 pandemic have all impacted already-overstretched resources over the past few years and proven how crucial it is to codify self-care at international level. It is imperative to preserve the momentum and empower individuals to manage their own health while while lessening burdens on health systems globally. The resolution would drive a significant increase in the expansion of self-care both within the WHO and at the national level and accelerate the achievement of universal health coverage (UHC). There is no time to waste.
International Self-Care month is recognised annually between June 24th – July 24th, is part of the WHO’s global health calendar. It symbolically culminates on July 24th, as a demonstration that individuals can practice self-care 24 hours a day, 7 days a week. Self-care is any action an individual takes to look after their own health either alone or in collaboration with healthcare professionals.
At the end of 2021, GSCF and 17 like-minded organizations formed the United for Self-Care Coalition. This global coalition includes NGOs, academic institutions and health workers’ associations, and is united by the shared desire to advance progress towards UHC. This goal that can only be achieved by working at a global level in order to formally recognise the value that self-care can bring in terms of access to care, quality of treatment and resilience of health systems.
Judy Stenmark, Director General of GSCF said, “With the growing cost of living crisis and increasing pressures on global supply chains, health systems are continually under-resourced as health workers become overworked. Evidence-based research has already clearly showed that self-care is often the only option for vulnerable people to engage with health services. Our own reports have further confirm that current self-care practices contribute to a gain of 22 million quality-adjusted life years, and health system annual savings of $120 billion.”
Universal health care cannot be achieved without high quality and wide-spread self-care. Self-care puts individuals at the center of health policy. The United for Self-Care Coalition is calling for all supporters to take up the call for a WHO resolution on self-care:
https://www.unitedforselfcare.org
Contact Information
Catherine Laverty
claverty@selfcarefederation.org
Restaurant.com Partners with Kevin Harrington
Kevin Harrington of Shark Tank fame has a reputation for being fiercely selective in who he lends his name to. So when he partnered up with Restaurant.com, it was presumably because he saw something special in the business. Let’s take a look at what that special something was, and why it could mean Restaurant.com (OTCQB: RSTN) is one of the most undervalued opportunities on the market right now.
When Shark Tank’s Kevin Harrington explained why he partnered with Restaurant.com, the announcement contained one key phrase.
“[Restaurant] owners are getting the business they need, and customers get savings, and that’s what they want.”
On the face of it, it’s a relatively innocuous snippet from a speech that touched on grand concepts like trust and innovation. But, if we dig into it just a little, it reveals why Restaurant.com (RDE, Inc. | OTCQB: RSTN) might just be one of the most under-valued, under-the-radar companies right now.
In a moment, we’ll take a look. But first, here’s the man himself, Kevin Harrington.
First, Let’s Talk About Creating Value
There’s a common piece of advice given out in life and business — if you want to make money, create value, then capture it.
But, as everyone knows, that’s easier said than done.
Of course, hard doesn’t mean impossible. That’s why, over the years, common methods for thinking about value have emerged. One of the most common here is the problem-solution framework.
For those who’ve never heard of the problem-solution framework before, the concept is rather simple. Identify a problem, and provide a solution. If you can do that, then people will flock to you. It’s just basic common sense.
Second, Let’s Talk About What Restaurant.com Actually Does
We won’t delve into all the intricacies of the Restaurant.com platform here. But before we move on to dissecting the significance of Kevin Harrington’s statement, we do need to at least understand the fundamentals of what Restaurant.com does.
So let’s take a quick interlude to cover the basics. If you’re already familiar with the platform (millions already are), feel free to skip ahead.
Restaurant.com in a Nutshell: Restaurant.com connects diners with restaurants. It provides restaurants with a comprehensive marketing platform. And it provides diners with discounted restaurant dining experiences.
Restaurant.com For Diners
How this looks in practice for a diner is pretty simple. By simply browsing through the Restaurant.com platform, diners can locate dozens of restaurants in their location. Then, once they find something that appeals to them, they can then proceed to purchase a dining certificate at that restaurant at a steep discount.
Here’s one example offer:
Restaurant.com For Restaurants
As for how this looks for restaurants, that’s a bit more involved. But first, let’s just get one thing clear. Restaurant.com is a lot more than a crude platform for promoting simple one-off discounts.
In reality, once we scratch the surface of the simple discount offers and user interface, what we find in Restaurant.com is actually a sophisticated “Martech” (marketing tech) platform for restaurants.
For now, we’re simply going to gloss over what being a restaurant martech platform means. After all, we’re really here to discuss what Kevin Harrington saw in Restaurant.com. But, to give a brief overview, the Martech side of Restaurant.com includes two key components.
Restaurant Marketing Component #1: The first of these is a remarketing tool. For those who don’t know, remarketing is basically what happens when you browse something on Amazon and suddenly see ads for it everywhere. Restaurant.com provides a similarly powerful tool to restaurants, with the key difference being that its remarketing is conducted through email rather than online ads.
Restaurant Marketing Component #2: The second key component of the Restaurant.com Martech offering is its affiliate marketing platform. Again, to use Amazon.com as an example, affiliate marketing is what drives the thousands of blogs and websites out there recommending products on Amazon.com to do so. If those blogs can successfully convince you to buy something on Amazon.com, Amazon rewards the affiliate with a cut of the sale. Restaurant.com does the same with its affiliates.
What’s Any of This Got to Do With Kevin Harrington and Restaurant.com?
If you’ve been paying attention, there’s a good chance you’ve picked up on why that one innocuous phrase Kevin Harrington made means so much.
But just to make sure we’re all on the same page, let me spell it out for you.
Problem: Every restaurant owner wants more customers. But most marketing is difficult, expensive, and comes with zero guarantees.
Solution: Provide a zero-risk marketing platform that drives diners to their tables and only charges them for successful conversions.
And there you have it — the value-generating problem-solution statement for Restaurant.com. Except, there’s just one problem. We’re forgetting the back half of the Kevin Harrington statement. The part about customers getting what they want.
As a reminder, here’s Harrington’s key phrase once again: “[Restaurant] owners are getting the business they need, and customers get savings, and that’s what they want.”
If you break this statement down, there are actually two possible problems and two possible solutions hidden in there. The first, we already touched on.
As for the second problem-solution, here it is.
Problem: Most people would love to dine out more often, but not everyone can afford it.
Solution: Offer a way to dine out for less.
In a nutshell, Restaurant.com has essentially hacked the value-generating equation in a way we rarely see. By effectively killing two birds with one stone, Restaurant.com has tapped into two both sides of an absolutely massive market (we’re literally talking about hundreds of billions a year in the US alone, and trillions globally).
Guess there’s no surprise now why Kevin Harrington chose to partner with Restaurant.com.
Now Here’s Why Restaurant.com Is Deeply Undervalued
By now, it’s pretty clear that Restaurant.com has tapped into an extreme value-creating proposition. But if you cast your mind back to the start of the article, I also mentioned that Restaurant.com is deeply undervalued.
Here’s why.
When RDE, Inc. (OTCQB: RSTN) acquired Restaurant.com back in March 2020, the timing could not have been worse. After all, that was right about the time Covid-19 started decimating the restaurant trade, along with everything else.
Over the course of that year, the company traded for around the $1 a share mark, give or take. By 2021, that had picked up to about the $3 a share mark. As a reminder, the restaurant trade was still in a full-blown crisis at this stage, with many states still imposing harsh sanitary measures.
Fast forward to today, and RDE, Inc. is still trading at, you guessed it, around about the $3 a share mark. And that’s despite business more or less returning to normal, a full-blown cost of living crisis driving more consumers than ever to seek out discounted options, and a substantial growth in traffic to the platform (just last month alone, Restaurant.com jumped 21 places in its category ranking on similarweb.com).
And let’s not forget there are revenue figures to back this up (RDE, Inc. grew its annual revenues by almost 34% between 2021 and 2022).
In other words, in Restaurant.com we find:
- Extreme value creation by addressing two sides of a massive market at once.
- A deeply undervalued company given the current lack of a full recovery in its post-Covid stock price.
- An enduring cost of living crisis which has resulted in substantial growth in consumer demand for Restaurant.com.
Essentially, what we have is one of those rare opportunities to capture an undervalued asset at an opportune moment.
For more information on RED, Inc. and Restaurant.com, visit:
- The Restaurant.com platform here.
- The RDE, Inc. investor website here.
- The RED, Inc. Yahoo Finance page here.
About Restaurant.com
Restaurant.com offers marketing incentives for more than 20,000 restaurants across the United States, including multiple coupon options and is owned by RDE Holdings (OTCQB: RSTN)
Media Contact:
Plato Data Intelligence
144 E44th St
New York NY 10017
PlatoAiStream.com
Zephyr@platodata.io
(Featured image by Spencer Davis via Unsplash)
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
Yowie Chocolate Celebrate Culinary Arts Month with First Ever Cake Decorating Contest
To celebrate Culinary Arts Month, Yowie Group, the Surprise Inside Chocolate company, invites bakers in the United States and Australia to participate in their first-ever Cake Decorating Contest! Culinary arts are all about making food look beautiful and this is a chance for professional and amateur bakers alike to showcase their talent, creativity, and love for Yowie through their passion for cake decorating!
Not a cake fan? Any Yowie inspired treat, from cookies to popsicles, will be accepted. Take inspiration from the Yowie characters themselves or from any of the adorable baby animals included in the latest series. The goal is to be creative and have fun!
What is a Yowie?
The surprise-inside chocolate treat is sustainably sourced, Rainforest Alliance Certified, and contains no GMOs, palm oil, gluten, or nuts. Plus, each Yowie features an endangered animal collectible figurine and a leaflet to help kids learn about the animal. The word “Yowie” is what Australians call Bigfoot or Sasquatch. There are six bigfoot characters: Rumble, Boof, Squish, Nap, Ditty and Crag. Each Yowie is responsible for protecting a different animal habitat.
How to Enter:
Participation is open to all baking enthusiasts, professional pastry chefs, and creative souls who can work magic with fondant and buttercream! To enter the contest, simply follow these steps:
Design and create your Yowie inspired masterpiece.
Upload a picture or video of your completed creation to Yowie’s Facebook page.
Enjoy your delicious treat and wait for the winner to be announced on August 9th.
Prizes:
Not only will the winner’s decorating talents be shared with thousands via Yowie’s social channels, but they will also receive an entire case of Yowie chocolates! It’s the perfect supplement to your Yowie inspired creation at your next summer party!
Judging Criteria:
Our Yowie expert judges will evaluate each cake based on the following criteria:
– Creativity and originality of the design
– Skill and technique demonstrated in the cake decoration
– Overall presentation, including color scheme, texture, and visual appeal
Where are Yowie chocolates?
For inspiration (or just to eat!) Yowie can be found in more than 30,000 retail outlets across the United States, including Walmart, Walgreens, 7Eleven, Albertson’s, Meijer, SuperValu, Giant Eagle, H-E-B, Food Lion, Casey’s, Circle K and many more and across Australia including Woolworth’s, IGA, Big W, The Reject Shop, Kmart. You can also check the store locator on YowieWorld.com to find a nearby store or learn more about Yowie.
Contact:
Devin Mainville
devin@kmkmedia.com
(779) 221-3764
Proximo Spirits and Maestro Dobel Tequila Lands Hole in One at an Exclusive New Retail Experience With International Shoppes at New York’s JFK Terminal 1
- Introducing Travelers to the Worlds of Professional Golf and Luxury Tequila
Proximo Spirits reveals ‘Smoothness Mastered’, a new and exclusive three-month ‘store-in-store’ experience launched in John F Kennedy International Airport, for luxury tequila brand Maestro Dobel(R) Tequila.
The immersive store is open for a limited time only, giving travelers the chance to delve into the world of luxury tequila and discover more about Maestro Dobel(R), creator of the world’s first Cristalino and the ‘Official Tequila of the PGA TOUR and PGA TOUR Champions’. The impressive retail space was developed in partnership with International Shoppes and is in a prime location within Terminal 1. The ‘store in store’ represents one of the first activations within the multi-year partnership between Maestro Dobel(R) and global golf superstar Jon Rahm, whose presence will be thematic within the experience.
Once in-store, customers are immersed into a luxury experience for tequila and golf lovers alike, where they can pose on a putting green, journey through the partnership with Jon Rahm, and try the exquisite mastery of Maestro Dobel(R). High-end spirit drinkers are offered a custom-made shopping experience, getting bottles personalized via an on-site engraving across the featured range of Maestro Dobel(R).
Head of Global Travel Retail for Proximo Spirits Roy Summers remarked: “We are delighted to bring this innovative retail experience to life, that sees our world-class tequila from Maestro Dobel(R) on display in the equally revered location of John F. Kennedy International Airport. Not only is it the first of many activations that celebrate Maestro Dobel’s relationship with PGA TOUR Golf, it’s also the very first Maestro Dobel(R) Tequila dedicated pop-up. As the growth of luxury tequila in travel retail continues to go from strength to strength, we’re delighted to share this experience with JFK T1’s international travellers.”
More than 1 million passengers are expected to pass through John F Kennedy International Airport in June, July and August 2023, with the activation set to impact inbound passengers traveling onwards to PGA TOUR events such as the upcoming FedExCup Playoffs in Memphis, Chicago and Atlanta, as players compete for the FedExCup, the PGA TOUR’s Ultimate Prize.
Commenting on the activation, Scott Halpern, Co-CEO of International Shoppes, said, “We are excited to announce this partnership with Proximo Spirits, a world-class premium spirits company. It is a collaboration that allows us to expand our premium tequila offerings and introduce an innovative range of Maestro Dobel tequilas to our world-class travelers. This activation promises to be unique, engaging and an immersive opportunity that is designed to provide a thoughtfully curated sensorial experience. We are appreciative that Proximo chose International Shoppes to bring this exceptional luxury experience to life at JFK’s T1, as it embodies our commitment to providing the finest selection of spirits and delivering one-of-a-kind retail-tainment.”
Maestro Dobel, founded by Juan Dobel and born from 11 generations of tequila-making legacy, is a modern expression of tequila, pushing the global category forward and producing some of the world’s finest and smoothest tequilas. Handcrafted in the lowlands of Jalisco, Maestro Dobel is one of Mexico’s fastest-growing ultra-premium tequilas at over 40% in both volume and value year on year1, with a collection including Dobel Diamante Cristalino, Silver, Reposado and Anejo tequilas as well as luxury expressions such as Dobel 50 Cristalino.
“Smoothness Mastered” is in residence until the end of August and will bring this vast collection of tequilas to JFK, with prices ranging up to $165 a bottle.
Contact Information
Roy Summers
Head of Global Travel Retail for Proximo Spirits
proximo@onegreenbean.com
Christian Kohler Becomes New CCO at crop.zone
- Marketing Expert joins the executive team at crop.zone – the specialist for herbicide-free weed control.
crop.zone GmbH, a leading agricultural technology company, announced today that Prof. Christian Kohler has been appointed as its new Chief Commercial Officer (CCO). Kohler will provide extensive experience in sales, marketing and business development to further drive crop.zone’s international growth, being responsible for all sales and marketing operations at the company.
Kohler has over 20 years of management experience in international sales, marketing and business development. Having worked as International Senior Director and Management Consultant at large leading OEMs such as CNH Industrial, BMW Group, and Mercedes Benz as well as at leading Tech-Scaleups from Germany, he expanded their businesses on an international level. His great passion for agricultural businesses led him to spend more than 10 years adding value to the industry. At the IE Business School, one of the world’s leading Business Schools, he teaches young and senior executives as an associated sales and marketing professor. crop.zone GmbH has been growing rapidly in recent years, with its innovative technology allowing farmers to reduce herbicide use up to 80%. The company has been expanding its operations globally, with customers in Europe, the United States and Asia.
“I am thrilled to be joining crop.zone at this exciting time in the company’s growth trajectory. crop.zone’s innovative technological solutions are truly outstanding and transformative in the agricultural industry, and I am excited to bring these customer values with the highest business impact to all farmers around the world.” Prof. Christian Kohler, CCO of crop.zone
With Kohler on board, crop.zone is poised to continue its expansion and bring its technology to even more farmers around the world. A technology that works like chemistry. But without chemistry.
“I am looking forward to working with the crop.zone team to further drive the company’s international growth and continue to bring innovative technology and highest customer value to many farmers,” Kohler added.
About crop.zone
Works like a herbicide. But without residues.
crop.zone has become the specialist for herbicide-free desiccation with cross-field knowledge from chemistry, biology, physics, ecology, and agronomy. The professional technology incorporated in our machines enables safe, efficient, and cost-effective crop preparation. Our technologically advanced system achieves premium quality yields while protecting the soil. crop.zone offers the solution for ecological and sustainable agriculture and thus makes its contribution to the future of our planet.
For more information about crop.zone and its innovative technology, visit www.crop.zone.
Contact Information:
Dirk Vandenhirtz
CEO – crop.zone
dirk.vandenhirtz@crop.zone
+1 (919) 251-6320 / +49 2408 598
Related Files
CRO15043_Pressemitteilung_CCO_Christian_Kohler_EN.pdf https://pr.report/XedVE6Lc
CRO_Kohler_RET_LI.jpg https://pr.report/KGVp5hkD
SMI Vantage: Acqusition of 51% Stake in Provino Logistics to Complement and Expand Current Business Areas in F&B
SMI Vantage Limited, a company listed on the mainboard of the SGX, recently announced that the Company entered into a sales and purchase agreement (“the Agreement”) with Michael Hadley and his partners, on the acquisition of a 51% stake in Provino Logistics Pte Ltd (“The Target”).
The Target’s business activities are based in Singapore and is primarily in third party logistics specializing in inventory management services to the wine and spirits and other alcoholic beverages industry including export services (“Business”). It uses a world class proprietary Warehouse Management System making the company a leader in the use of such technologies.
Combined with the Group Chief Executive Officer’s (“CEO”) considerable knowledge of, and global network in, the field of wines and spirits, the Board is of the view that the Proposed Acquisition will allow the Company to further develop its logistics business, an area which the Group already has considerable expertise.
CEO and President of SMI Vantage Mark Bedingham is a graduate of Oxford University and began his career with Jardine Matheson and was subsequently appointed as a Director of Jardine Pacific. He joined Moet Hennessy (LVMH Group) in the mid-1990s as the Regional Managing Director of APAC and served in that role for twenty years. Today, he also serves on the Board of The Artisanal Spirits Company (ASC), a company that owns the Scotch Malt Whisky Society (SMWS) a specialist bottler of cask strength single malt whisky and is a membership-based e-commerce business. He has also previously served as Executive Chairman in two large hospitality companies, both of which have a significant presence in Singapore.
“The Proposed Acquisition is part of the Group’s corporate strategy to diversify and expand into complementary business areas within the food and beverage industry and will provide the Group with a new source of revenue, improve profitability and enhance shareholder value,” said Mark Bedingham.
“I am extremely pleased to be partnering with SMI Vantage and believe that their relevant expertise and deep experience in logistics and the F&B business will allow Provino to grow significantly going forward. I am excited to see the fruits of this partnership pan out in the future, as we look to grow this business together,” Michael Hadley added.
For details on the Agreement please refer to the Company’s Announcement posted to SGX Net on [27 June 2013]
About SMI Vantage
SMI Vantage Limited is an investment and management company focused on capitalising on strong trends in the new economy including Food and Beverage related businesses, technology-based SaaS services and other high-tech platforms. Listed on the Main Board of the Singapore Stock Exchange, SMI Vantage Limited has a highly capable and experienced management team with a proven track record in building strong business partnerships and alliances.
For media queries, please reach out to:
Waterbrooks Consultants Pte Ltd
Wayne Koo – wayne.koo@waterbrooks.com.sg +65 9338-8166
Derek Yeo – derek@waterbrooks.com.sg +65 9791-4707
Proud Investor Relations partner:
https://www.waterbrooks.com.sg/ and https://www.shareinvestorholdings.com/
Moolec Science Presents ‘Piggy Sooy’, a Soybean Platform That Can Produce Significantly High Amounts of Pork Proteins
Moolec Science SA ((NASDAQ:MLEC) Company; Moolec), a science-based food ingredient company focused on producing animal proteins in plants through Molecular Farming technology, announced today an outstanding achievement in its Meat Replacements Program for the Soybean platform, as its new Piggy Sooy produced a significantly high amount of pork protein.
The animal protein reached a high expression level up to 26.6% of total soluble protein in soy seeds, 4x higher than initially projected by the Company. The result can be directly observed due to the pink color of Moolec’s soybeans, the same color as the pig (access the picture by clicking here https://moolecscience.com/#piggysooy ). After this achievement, the Company’s soybean platform was renamed “Piggy Sooy”.
The breakthrough accomplishment has led Moolec to file a new patent utilizing a novel approach aiming to provide the Company with a frictionless regulatory pathway going forward.
Moolec’s CEO & Co-Founder Gaston Paladini said: “Piggy Sooy represents tangible and visual proof that Moolec’s technology has the capacity to achieve significant yields in plants to produce meat proteins. With this groundbreaking achievement, Moolec consolidates its position as a category creator and a pioneer in Molecular Farming for the food industry. Our plant biology team is writing the history of science in food, I couldn’t be prouder of them.”
This scientific milestone consolidates the Molecular Farming path as one of the most valuable alternative technologies to produce animal proteins, given that plants can function as animal protein factories in a more efficient manner than initially expected. This enhanced efficiency of plants has the potential to improve the economics of the Company’s business model.
Moolec Science is producing several meat proteins in plants as functional ingredients to improve the taste, appearance, texture, and nutrition of meat alternatives. Due to its enhanced functionality and final application, the Company also highlighted that these food ingredients could also be potentially commercialized within the ~$600 billion traditional processing meat industry.
Amit Dhingra, Ph.D., Chief Science Officer of Moolec said: “This achievement opens up a precedent for the entire scientific community that is looking to achieve high levels of protein expression in seeds via Molecular Farming.” He further emphasized: “Moolec has developed a unique, successful, and patentable platform for the expression of highly valuable proteins in the seeds of economically important crops such as soybeans. This platform has the potential to be used across a wide variety of proteins of interest for a broad range of industries, such as the pharma, cosmetic, diagnostic reagents, and other food industries.”
About Moolec Science SA
Moolec is a science-based food ingredient company focused on producing animal proteins in plants through Molecular Farming, a disruptive technology in the alternative protein landscape. Its purpose is to upgrade the taste, nutrition, and affordability of alternative protein products while building a more sustainable and equitable food system. The Company’s technological approach aims to have the cost structure of plant-based solutions with the organoleptic properties and functionality of animal-based ones. Moolec’s technology has been under development for more than a decade and is known for pioneering the production of a bovine protein in a crop for the food industry. The Company’s product portfolio and pipeline leverages the agronomic efficiency of broadly used target crops, like safflower, soybean, and pea. Moolec has a growing international patent portfolio (24, both granted and pending) for its Molecular Farming technology. The Company is run by a diverse team of Ph.Ds and Food Insiders, and operates in the United States, Europe, and South America. For more information, visit moolecscience.com.
Forward-Looking Statements
This press release contains “forward-looking statements.” Forward-looking statements may be identified by the use of words such as “forecast,” “intend,” “seek,” “target,” “anticipate,” “believe,” “expect,” “estimate,” “plan,” “outlook,” and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements with respect to performance, prospects, revenues, and other aspects of the business of Moolec are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Although we believe that we have a reasonable basis for each forward-looking statement contained in this press release, we caution you that these statements are based on a combination of facts and factors, about which we cannot be certain. We cannot assure you that the forward-looking statements in this press release will prove accurate. These forward-looking statements are subject to a number of significant risks and uncertainties that could cause actual results to differ materially from expected results, including, among others, changes in applicable laws or regulations, the possibility that Moolec may be adversely affected by economic, business and/or other competitive factors, costs related to the scaling up of Moolec’s business and other risks and uncertainties, including those included under the header “Risk Factors” in the Moolec’ Annual Report on Form 20-Filled with the U.S. Securities and Exchange Commission (“SEC”), as well as Moolec’s other filings with the SEC. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Accordingly, you should not put undue reliance on these statements.
Contact Information
Catalina Jones
Chief of Staff & Sustainability
comms@moolecscience.com
Martin Taraciuk
Investor Relations
ir@moolecscience.com
Michael Bowen
ICR, LLC
moolecir@icrinc.com
Edmond Lococo
ICR
edmond.lococo@icrinc.com
Related Files
Moolec Science Presents “Piggy Sooy”, A Soybean Platform That Can Produce Significantly High Amounts Of Pork Proteins.pdf
https://cdn.newswire.com/files/x/d9/db/f425d1320c1028c17fdceea2e8f4.pdf
Spritzer Launches Label-Free Bottles
- Company aims to be fully circular brand by 2030
SPRITZER (the Company) today announced the rollout of the Company’s latest sustainability initiative, label-free, 100% recyclable bottles, for Spritzer silica-rich Natural Mineral Water, as part of the move towards reducing the use of plastic while minimising the impact on the environment.
The quality of Spritzer Natural Mineral Water remains the same, with the water coming from the pristine protected source in Taiping, Perak. The bottles are produced from recycled plastics that can be recycled. The silica-rich Spritzer Natural Mineral Water is superior in taste and has been recognised as such by the Brussels-based International Taste Institute with three stars in the Superior Taste Award 2022. For the launch, the label-free bottles will have a limited distribution at the beginning and now are available on Spritzer online store and Spritzer EcoPark.
The Spritzer Natural Mineral Water 1.25-litre and 550-millilitre options will now come in label-free options and consumers can still enjoy well-balanced, quality water that is perfect for coffee or tea-brewing and to use for cooking.
This latest initiative of sustainable packaging is part of the proof of our commitment to becoming a fully circular brand by 2030. It’s now more important than ever for us to bring consumers our natural mineral water in a more sustainable way as we owe everything to nature.
As part of ESG efforts, Spritzer encourages everyone to be more environmentally responsible. By taking small steps towards sustainability like choosing eco-friendly products, we can make a big impact on the health of our planet for future generations.
The label-free Spritzer Natural Mineral Water can be ordered through https://shop.spritzer.com.my/ , https://shoppee.com.my/spritzer.os , https://www.lazada.com.my/shop/spritzer/ or at Spritzer EcoPark.
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About Spritzer Bhd
Spritzer Group of Companies comprises a total of eight business subsidiaries, specialising in manufacturing and distribution of natural mineral water, sparkling natural mineral water, distilled drinking water, non-carbonated fruit flavoured drink and carbonated fruit flavoured drink. The company has been in operation for more than 30 years, and is the country’s largest, and only listed bottled water producer. For more information, please visit www.spritzer.com.my.
FRIED WITH PRIDE: Everyone has a seat at the table with KFC
KFC Thailand loaded its buckets with three important ingredients at the “Proud To Be Pride Parade 2023”: Love, Respect and Equal Opportunity. A trio of deep-fried values that’ve been coming in hot for KFC fans since 1952 – and this year’s rainbowed streets of CentralWorld Square, were no exception.
A pride parade unlike any other, “Proud To Be Pride” lit up Bangkok as a love fest spectacular on 1 June. Presented by Muse by Metinee x CentralWorld x The United Nations Development Programme, this was one gathering of minds that certainly needed no introduction. KFC Thailand was front and centre, with its Pride placard quoting the Colonel’s very first testimony from back in the day: ‘Everyone gets a seat at the table.’ And this year, everyone did. The Colonel’s 2023 Thai team bucketed forth and joined hearts with their pledge for diversity, inclusion, and equality, specifically in the workplace. KFC took to the bright-striped avenues with life-size recruitment buckets, in support of equal opportunities for all.
Spectators, marchers and even musicians were embraced and ushered by zealous KFC-stars to the KFC Walk-In Recruitment Buckets – where the table was duly laid with the freedom to be your best self, no matter what. Everyone was invited to step in and apply for some of the hottest KFC job vacancies this side of the menu. This was undoubtedly a proud moment for the KFC squad.
“At KFC Thailand, we’re not just about chicken; we’re about people – and encouraging people to bring their best selves to the party,” says Sakechai Choomuenwai, General Manager of KFC Thailand. “We’re an inclusive organization that goes above and beyond to cultivate a workplace where human values like Love, Respect and Pride are always dished up first,” says Choomuenwai.
With its zero-discrimination policy, and an all-time customer promise to serve its patrons with friendship, KFC Thailand makes no bones about its uncapped celebration of LGBTQ+ rights, applying the essence of diversity and equality to every touchpoint in and outside of its business. For KFC, Pride is not only reserved for the month of June, but rather, “Pride is a way of service and a way of life,” adds Choomuenwai, “and so too is individualism. If we can continue to provide an environment where our team members feel safe and comfortable to openly express themselves, then we’re doing our jobs, and we’re doing them well,” ends Choomuenwai.
By affording equal and fair career opportunities, KFC Thailand continues to stand strong against the backdrop of diversity and inclusion and holds true to its deeply-ingrained wishbone: to nourish a nation of dreamers, doers and achievers – and to do it with a whole lot of zing!
#KFCThailand #musebymetinee #UNDPthailand #centralwOrld #CTWprOudtObepride #PrideMonth2023
About KFC
KFC, one of the largest brands of quick service restaurants (QSR) and is popular all over the world. Founded by Colonel Harland Sanders in 1952 with a commitment to improving and offering delicious and unique fried chicken menu of excellent quality to customers who love fried chicken. In Thailand, the first KFC store was established in 1985 at Central Ladprao Department Store. Currently, there are 978 KFC branches nationwide (as of October 2022). Brand and franchise management by YUM Restaurants International (Thailand) Co., Ltd. and KFC restaurant management by 3 franchisees: Central Restaurants Group Co., Ltd. (CRG), Restaurant Development Co., Ltd. (RD), The QSR of Asia Co., Ltd. (QSA).
Source: KFC Thailand