Australian food giant Goodman Fielder said this week that it is on
track to divest its milling and gelatin assets and is proceeding as
planned with a second tranche share buyback following other asset
sales
Croda Healthcare, a division of UK speciality chemicals company
Croda Oleochemicals, this week launched a new range of fish-derived
gelatins for pharmaceutical and edible applications.
'Sustainable development' are buzz words on the lips of politicians
and industry leaders across the world. A new report from the
Confederation of the Food and Drink Industries (CIAA) suggests that
the food industry is no...
Fresh, organic and convenience food markets could all benefit from
the birth of the first child in a young family, claim market
analysts Datamonitor. According to a new report, the opposing
forces of both increasing time pressure...
In the US this week the Seventh Circuit Court of Appeals reinstated
a seven-year-old civil lawsuit that alleges Archer Daniels Midland
and its rivals rigged what is today a $2.4 billion (€2.5bn) market
for the corn sweetener high-fructose...
Irish food ingredients company Kerry Group formally introduced its
new flavour division, Mastertaste during a press conference at the
IFT's Annual Meeting and Food Expo in Anaheim, California, this
week.
Australian ingredients company Burns Philp on Thursday announced
the closure of a yeast manufacturing plant in South Yarra in
Melbourne, reports Dow Jones.
Cargill confirms the company's belief in recent French starch
acquisition Cerestar, citing an enhanced R&D team and expanded
product line as major advantages.
US company Kerr Concentrates has entered into an agreement to
acquire the fruit and vegetable concentrate business of US flavours
company International Flavors & Fragrances (IFF).
Further confirmation that today's hectic, time-pressured, consumer
has even less time to prepare a meal and actually sit down to eat
it comes in the form of a new publication from the UK's Institute
of Grocery Distribution...
Archer Daniels Midland Company (ADM), a leading agricultural
processor and supplier of food ingredients, marked its 100th
anniversary at the IFT Annual Meeting and Food Expo taking place in
Anaheim, California this week.
In an interview with French daily Les Echos on Tuesday,
Franck Riboud, CEO of Groupe Danone, quickly denied accusations
that developments with Coca-Cola were a sign of Danone's defeat in
the US water market.
Scotland's food and drink industry must grasp every opportunity to
market itself as 'the best in the world', according to Alastair
Salvesen, president of the Royal Highland and Agricultural Society
of Scotland, writes...
Swiss food group Nestlé this week announced that it has entered
into an agreement to combine Nestlé's US ice cream business with US
ice cream giant Dreyer's Grand Ice Cream.
Long-established brand icons such as Toblerone chocolate and Polo
mints would be considered unacceptably innovative by marketers
looking to launch them today and would be "either strangled at
birth or sent back to the drawing...
The UK snacks sector is coming under increasing pressure from
competing markets with sugar and chocolate confectionery
particularly hard hit by the consumer desire for a healthier
lifestyle, according to a new report from market analysts...
Japanese Prime Minister Junichiro Koizumi decided on Tuesday to
submit a basic food safety bill in the next fiscal year in a bid to
erase widespread public distrust stemming from the government's
failure to keep mad cow disease...
A new report issued by the US National Center for Food and
Agricultural Policy (NCFAP) quantifies significant increases in
farm income, food production and reductions in pesticide use that
may resultfrom wider use of agricultural...
The Danish press this week covered a heated debate about a fat
replacer, called Salatrim, from Danish ingredients company Danisco.
The vice president of the group responded to allegations in a press
statement on Tuesday.
The Canadian food manufacturing industry has welcomed the
recommendations made in a report from the Standing Committee on
Agriculture and Agri-Food on labelling of genetically modified
(GM)foods.
The fate of a significant part of this year's UK pea harvest hung
in the balance this week after one of the biggest pea processing
factories in Britain closed with the loss of 320 jobs, reports the
Financial Times.
French food giant Danone is believed to be interested in St Ivel,
the yoghurts division of the UK food group Uniq (formerly Unigate),
reports French financial paper Les Echos.
More than 10,000 anti-globalisation activists demonstrated in Rome
at the weekend ahead of the World Food Summit taking place this
week in the Italian capital. The summit, hosted by the UN's Food
and Agriculture Organisation...
Food manufacturers caught up in a scandal triggered by Japanese
company Kyowa Perfumery & Chemical Co., were affected by a
complex industry distribution structure and the custom of employing
professional food tasters when developing...
Sales of soyfoods in the US grew by 16.8 per cent in 2001 to reach
$3.2 billion, making it one of the fastest-growing categories in
the US food industry, according to a recent study.
The US Federal Trade Commission has found no evidence that
so-called 'malternative' alcoholic beverages are being marketed to
minors, according to an investigation prompted by a complaint from
an advocacy group.
Three Japanese firms have recalled batches of frozen spinach
imported from China after they were found to contain
higher-than-permitted levels of the pesticides fenvalerate and
chlorpyrifos
Italian pasta giant Barilla has said the response to its recent
takeover bid for German baker Kamps had been better than expected
and it would pursue more acquisitions, above all in the United
States, according to a report by Reuters.
At the inaugural ASDA Awards ceremony for outstanding supplier
performance, the award for the Most Innovative Fresh Packaging was
won by Hoppers Farmhouse Bakery for its ovenable tray, packaging
in-store baked mince pies.
The ownership of UK food producer RHM, formerly known as Ranks
Hovis McDougall, is once again in question, according to a recent
interview. The company may soon change hands for the third time in
a decade.
Putting the meat scandal behind it, Snow Brand Milk Products has
announced plans to form a joint venture with two co-op groups which
aims to become the Japanese market leader within two to three
years.
Trade friction between the European Commission and the United
States threatened to worsen yesterday as officials rejected
Washington's demand for an outright end to farm export subsidies
within a strict deadline.
Ready-to-drink alcoholic mixers such as Bacardi Breezer saw the
fastest growth in the global food and drink market last year,
although they are still far behind old faithfuls such as beer when
it comes to overall sales, a new report...
Soft drinks giant PepsiCo is to merge all its North American drinks
operations into one division in a bid to strengthen its position in
its long-running battle with arch rival Coca-Cola.
Marlow Foods, the British company which makes the meat substitute
Quorn has been put up for sale by its parent company, the
AstraZeneca pharmaceuticals group.
Poultry meat in Denmark, the Netherlands and Austria is being
tested for traces of a dangerous herbicide which entered the
European food chain via a pesticide store in former East Germany.
Sargento, the US-based cheese producer, has managed to achieve
double digit sales growth thanks in part to its prize winning
packaging concept.. The company's director of new products, Brad
Rostowfske, discusses the story behind...
The European market for diet foods is likely to grow steadily over
the next few years as the population continues to grow heavier and
more out of shape, according to a new report from market analysts
Datamonitor.
Danish vegetable oils and fats specialist Aarhus Olie has launched
a new investor relations (IR) website which is designed to help
keep its shareholders up-to-date with developments at the company.
The European Commission has told Spain it must change its rules on
organic food labelling in order to ensure that all products
labelled Bio are organic.
