Arla Foods has announced the retirement of Povl Krogsgaard, its Vice CEO and Head of Supply Chain, effective 31 December 2017.
Krogsgaard, who has been with Arla for 30 years, has been Vice CEO since 2004. He will be succeeded by Sami Naffakh, currently Senior VP of Global Supply Chain – EMEA at Estée Lauder. Naffakh has also worked at Danone Early Life Nutrition, Reckitt Benkiser and Unilever.
The company expects to eliminate 1.2 billion tons carbon dioxide equivalent of methane emissions by the end of the decade. The company says that it already reduced its methane emissions by around 14% between 2018 and 2020.
The “first-of-its-kind” pilot project will develop and demonstrate an affordable modular bioprocessing system to produce biodegradable bioplastics from food waste diverted from landfills. The three-year grant will test the scalability and feasibility of the conversion on a national and global scale.
Arkeon is allying with specialty mineral giant ICL to support the scaling of its fermentation bioprocess that converts CO2 into the 20 proteinogenic essential amino acids needed in human nutrition. The process, hailed as carbon negative, is based on the use of archaea, a group of microorganisms that naturally feeds off the greenhouse gas.