Archives for November 26, 2003

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Orafti buys Belgian rice ingredients

Belgian ingredients company Orafti is to acquire Remy Industries, a Belgium-based producer of food ingredients made from rice, the company announced this week.

Ahold losses deepen in year-to-date

The chances of Anders Moberg, the new chief executive of Ahold, achieving the bonus targets announced yesterday look increasingly unlikely as the Dutch supermarket group today announced a further slide into the red for the first nine months of 2003.

Bulk oil margins eat into Aarhus bottom line

Danish oils and fats company Aarhus United saw third quarter profit falling by over 50 per cent as reduced margins, lower exchange rates, a decline in bulk oil sales and heightened competition, ate into the bottom line.

Irish companies to invest in British snacking?

Snack and convenience food consumption plays a dominant role inthe eating habits of almost half of British consumers, according tonew research published by Teagasc. And Irish food companies should be cashing in.

A tastier soy-based bread

The US Agricultural Research Service (ARS) has developed a new dough formulation to eradicate the musty, 'beany' aftertaste of some soy-based breads; a problem that has eluded food technologists since the 1970s.

Amino acids boost Ajinomoto 1H

Strong sales in amino acids for food and pharmaceutical products lifted fiscal first half figures for Japanese seasoning giant Ajinomoto.