Food manufacturer and distributor International Multifoods Corp. IMC.N on Thursday said it expects to complete its $316 million purchase of specialty...
Food Junction Holdings Ltd, which runs 15 food courts in Singapore
and two in Malaysia, said on Friday it was offering 20 million new
shares at S$0.20 each in an initial public offering (IPO).
Britain is taking the threat of a bioterrorist attack against its
food supply seriously and is ready to respond very quickly, a
senior Food Standards Agency official said on Thursday.
Italian food company Parmalat this week announced the creation of a
new organisational structure to focus on strengthening the
Company's operation in North America.
Welcome to our Food Ingredients Europe 2001 Special Edition. Food
Ingredients Europe 2001 opens its doors to food industry
professionals on Monday 5th November at the new ExCel Exhibition
Centre in London's Docklands.
Leading food ingredients supplier German-based Nutrinova is to
settle patent infringement claims against Rit-Chem with respect to
unauthorised sales by Rit-Chem of acesulfame K.
Italian agro-energy conglomerate Montedison said on Tuesday it is
selling its 56-per cent in starch maker Cerestar to U.S.
agribusiness giant Cargill for 33 euros per share.
Food technology company aLF Ventures, LLC, a partnership between
Farmland National Beef Packing Company L.P. and ingredients
specialists DMV USA, this week opened N-terminus, a new
multi-million dollar food safety research and development...
Product development, once a main force behind the company's
success, but recently a division lacking innovative fire, has also
received a major infusion of cash.
Retail sales of prepared foods in Europe are stronger than ever
showing an increase of 5.2 per cent between 1996 and 2001,
according to a recent study by market analysts Datamonitor.
In response to increasing demand for Frutafit® inulin, Dutch
ingredients company Sensus is to expand its manufacturing capacity
in Roosendaal,The Netherlands.
French food company Groupe DANONE announced on Wednesday that it
intends to make a public offer to acquire 100 per cent of the
capital of Frucor Beverages Group Limited, a market leader in the
fast growing energy drink segment in...
The Bush administration is "hopeful" that a trade dispute with
China that has disrupted exports of U.S. soybeans will be resolved
soon, U.S. Agriculture Secretary Ann Veneman said Tuesday.
ADM Cocoa, a leading processor of cocoa beans, has acquired part of
the cocoa assets of Sifca, the Ivory Coast's main trader and
producer of cocoa, coffee and sugar.
Australian food group SPC Ltd said its AUS$81 million (45.6million
euros) friendly merger with central Victorian neighbour Ardmona
Foods Ltd is progressing well .
Food science and technology company Bon Coeur Inc. announced
recently that it has formalised a relationship with nutrition
product maker Nutrition 21 Inc.
Agribusiness giant Archer Daniels Midland Co. said on Tuesday it is
paying an extra 20 cents per bushel for soybeans that have not been
genetically modified and are delivered to its processing facility
in Decatur, Illinois.
The director general of the U.N. Food and Agriculture Organisation
(FAO) has proposed that a World Food Summit originally scheduled
for next month should be postponed until June 2002, the Rome-based
body said on Monday.
Unilever, one of the world's biggest multinationals, has been
giving financial support to anti-globalisation groups through its
Ben & Jerry's ice-cream subsidiary.
The market for soyfood products in the U.S. has experienced strong
and steady growth during the past 20 years and in 2000 grew by 21.1
per cent to reach US$ 2.77 billion (3.06 billion euros).
The American Association of Cereal Chemists (AACC) this week
announced the appointment of its 2001/2002 Board of Directors, to
be installed on October 18, 2001.
As the food industry takes a look at itself this week during the
massive Anuga Food show in Cologne, Germany, our compatriots in the
Southern Hemisphere launch Austrade, a round of Global Food
Seminars.
Polish company Polmos Poznan is to become a direct subsidiary of
the Pernod Ricard group Wyborowa SA, following Pernod's recent
acquisition of the vodka company.
Swiss-based life science chemical company Lonza has set up a cGMP
manufacturing capacity for large scale solid phase manufacture of
peptides at its Visp (CH) facility.
US natural foods and drinks company J.M. Smucker is to acquire the
formulated fruit and vegetable preparation businesses of flavours
giant, International Flavors and Fragrances Inc.
Functional foods and ingredients will be given a greater focus at
global agriculture company Archer Daniels Midland (ADM), the
company announced on Monday.
NSF International, a US Public Health and Safety Company(TM),
announced on Monday the first five products to receive
certification through the NSF Dietary Supplements Certification
Program.
Lower crude soyoil prices are not tempting west European consumers,
who continue to prefer other soft oils that do not contain
genetically modified organisms (GMOs), dealers said on Friday.
Kerry, the Irish ingredients group, this week pushed its
development strategy further forward with the acquisition of two
flavour businesses in the UK and Brazilian food ingredients
markets.
The United Nations food body has accepted an Italian proposal to
move a planned world food summit from Rome to Rimini, but officials
are still haggling over costs, sources familiar with the event said
on Wednesday.
Environment issues and e-commerce came under discussion when
FoodNavigator.com spoke with Hans Berggren, President of Lyckeby
Stärkelsen Food & Fibre AB, the Scandinavian supplier of
specialist starches.