Stevia ingredients producer PureCircle Ltd on Monday said it has appointed John Gibney as a non-executive director, effective from April 11.
Gibney is the former chief financial officer of mid-cap soft drinks and juices company Britvic PLC, having retired from that role this month.
“We are delighted to welcome John to the PureCircle board. His wide experience will be very valuable to the company and he will make a great contribution to the board’s deliberations,” said PureCircle Chairman Paul Selway-Swift.
PureCircle shares were up 0.9% to 381.75 pence.
By Sam Unste
Source: Alliance News
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.