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President Ferdinand Marcos Jr. met with members of the Philippine Chamber of Food Manufacturers Inc. on Monday, Aug. 15, 2022, to discuss their concerns about the sugary supply in the country. (Photo from Marcos’s Facebook account) MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. met with members of the Philippine Chamber of Food Manufacturers Inc. in Malacañang on Monday to tackle concerns over the sugar supply in the country. “We want the smooth operations of businesses and maintain job security for our countrymen in the fast-moving consumer goods industry. That’s why we want to set a clear system in relation to increasing the supply of sugar,” Marcos said in Filipino in a Facebook post. On Sunday, Marcos said the Philippines might import sugar around October should the supply be depleted. He stressed, however, that the amount would be smaller than the proposed 300,000 metric tons of sugar that he had earlier rejected. Specifically, he rejected Sugar Order … [Read more...] about Bongbong Marcos discusses sugar supply with food manufacturers

China: ‘Another audience watching’ drills says expert SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Tees Valley Lithium (TVL), Europe’s largest independent and sustainable lithium hydroxide producer, has signed an agreement with Weardale Lithium (WL) to establish an integrated lithium supply chain in North East England. Under this new deal, the two firms will work together to create a battery-supply chain industrial hub, which will also include “the evaluation of the potential for WL to supply lithium to TVL for refining.” Related articles China outbreak: NEW potentially deadly virus puts officials on alert End of the world warning as humanity on the brink of ‘mass extinction' This is a major step for the … [Read more...] about UK handed EV boost as new deal to provide ‘secure, domestic’ supply and scupper China

WASHINGTON (AP) — The co-founders of baby formula startup ByHeart began working on their product long before the current shortage that's rattled many American parents. It took Ron Belldegrun and his sister Mia Funt six years to research, test and win regulatory approval for their company's formula. When the Pennsylvania-based company launched in March, it was first new formula to hit the U.S. market in 15 years. Belldegrun spoke with the AP about the lack of competition in the formula industry and the ongoing shortage. His remarks have been edited for length and clarity Q: Why is it so hard to introduce a new formula in the U.S.? A: This is appropriately the most highly regulated food in the world. It’s the only food that requires clinical trials for a novel, new formula. Until us there were only four companies in this country that made it. So it’s a supply chain bottleneck for a new company because three companies have owned 90% of the category for decades. We believed that … [Read more...] about ByHeart CEO on launching new baby formula in a supply crisis