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Twenty-twenty was an eventful year to say the least. As the tumultuous year comes to a close, the world is still reeling from the deadly Covid-19 pandemic, which has impacted every aspect of life and business.

But there was more to this year than disease and strife. Big deals were done, innovations launched, and progress towards sustainability was made.

To read the roundup of the most important stories of the year, published in PKN's Nov-Dec 2020 issue, click here.

Food & Drink Business

Nestlé says it will remove artificial food colourings from its entire global portfolio by the end of 2026, making it the first major food company to commit to the change worldwide, CTO, Stefan Palzer, told Reuters this week.

Wide Open Agriculture (WOA) will wind down its German production facility immediately and shift to a contract manufacturing model, as the ASX‑listed lupin ingredients company looks to cut costs and scale more efficiently.

Select Harvests has appointed Kristina Hermanson as the company’s new managing director and CEO, effective from 3 August. She takes over from David Surveyor, who has been in the role since February 2023, and will finish on 31 July.