Givaudan claims to have continued its good sales growth momentum
despite strong comparables in the third quarter and the ongoing
streamlining of commodity ingredients.
DSM Nutritional Products is increasing prices of its food and
pharma-grade vitamins, premixes and citric acid, as it redoubles
efforts to cover rising raw material, energy and logistics costs.
A new report examining how dairy companies are successfully
targeting healthy products to children underlines the growing
importance of this particular food category.
Innovative labelling from Pricer ESL and Toshiba will now be taken
up in 25 more Franprix supermarkets in a contract worth SEK 6m
(€6m), increasing efficiency in stores.
Ingredients giant Tate and Lyle could be set to cease its sugar
processing operations in Central Europe, as producers look to lower
quotas in light of new EU sugar reforms.
Food products that provide a measurable health benefit will ensure
healthy corporate growth in the future, delegates at Wild's
Heidelberg Convention were told.
Northern Foods, which has been struggling to revive its sales,
today reported adeclined by 1.1 per cent in overall operating
revenue for the group during the first six months ofthe year,
compared to the same period in 2005.
On the back of growing demand for healthier snacking products,
cereal snacks are luring consumers away from traditional
indulgences such as crisps and confectionery - prompting snack
makers to diversify to keep up with the trend.
ADM's purchase of French firm Lesaffre's 50 per cent interest in
International Malting Company (IMC) strengthens the ingredient
giant's position in the global malt business.
Tate & Lyle has formed a joint enterprise to build and operate
a sugar plant in Israel, a move that will partially replace
traditional sugar imports from the European Union.
Frutarom is acquiring Acatris Health for €10.5m cash in the latest
step in its rapid expansion programme - a move expected to bolster
its R&D and human resources, and create new cross-selling
opportunities.
If the Chinese government gives in to mounting international
pressure to revalue its currency, it could spell the end of cheap
exports, a move that many anticipate would have a knock-on effect
on raw materials costs for the food industry....
A meeting between the EC's directorate general for health and
consumer protection and the UK's food safety watchdog was 'positive
and constructive', according to FSA chair Deirdre Hutton.
Switzerland, Finland and Sweden are the world's most competitive
economies according to this year's assessment by the World Economic
Forum (WEF) of the best places to do business.
Tate & Lyle chief executive Iain Ferguson's appointment as
president of the UK's Food and Drink Federation (FDF) comes at a
critical time for the industry.
The demonisation of spinach following last week's E.coli outbreak
could give salad-dodgers the excuse they have been looking for to
skimp on their recommended five to nine portions of fruit and veg a
day. Without communication...
The European Commission spent nearly €5bn more on agriculture in
2005 than it did in 2004, according to the 'Allocation of 2005 EU
expenditure by Member State' published yesterday.
Naturex claims to have experienced a 20 per cent increase in
rosemary extract sales in 2006 compared to 2005 (year-to-date),
underlining the growing success of natural preservatives.
Changes to Danisco's ingredients division will lift the EBIT margin
for the segment to above 15 per cent, according to the firm's
announcement of Q1 2006/07 results.
The theme of this year's World Food Day, 'Investing in agriculture
for food security', underlines growing concern that aid to this
particular sector has been declining for years.
The coffee market was very volatile during the month of August,
particularly with the explosion in Robusta prices, according to ICO
executive director Nestor Osorio.
The first ever World Grains Summit opened its doors in San
Francisco yesterday, attracting visitors from throughout the food
and beverage industries for four days of exploration of the latest
developments in grain-based science and...
The third EU-China Business Summit in Helsinki was designed to
strengthen economic cooperation between the two blocs, a move that
will have a significant impact on Europe's food industry.
Finnish food group Raisio has downgrades its expectations for
full-year 2006 as it grapples with the weak performance by its
Finnish, Swedish and Russian food business and diagnostics, and
carries the costs of restructuring.
The burgeoning organic chocolate market is taking off thanks to an
increase in ethical consumerism and the willingness of
confectionery makers worldwide to exploit the trend.
