Archives for April 18, 2004

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Cargill to build Russian oil plant

Cargill is adding to its growing investment portfolio in Russia with the announcement that it is to build an edible oil extraction plant in the Voronezh region, according to regional director Semyon Khariton.

Ahold cuts losses but stays in the red

Troubled Dutch retailer Ahold ended 2003 with losses of €1 million - a major improvement on the €2.1 billion losses a year earlier - but stressed that there would be further hardship ahead in 2004 before the real benefits of its Road to Recovery...

European GM rules now in force

The toughest rules on GM labelling in the world entered into force yesterday in Europe, extending the mandatory labelling to countless food products in the supermarkets and heralding in an extensive paper trail for the food industry.

Natural emulsifier could shave costs for beverage makers

African gum stocks dropped off at the end of 2003 driving up prices for acacia gum - a natural emulsifier used extensively in food and beverage applications - squeezing margins for manufacturers. French hydrocolloid firm Colloides Naturels...

Spanish boost for G&G

Guyenne & Gascogne, the French retail group which operates a number of stores under the Carrefour banner, suffered the same downturn in sales at its French outlets in 2003 as the larger group under whose fascia it trades - and also benefited from a...

E.nose helps food industry smell the cost-benefits

An electronic nose could sniff out considerable savings for food manufacturers as researchers use the latest technology for the early detection of 'undesirable off-odours and microbial contaminants' in dairy and bakery products.

Baby's diet could lead to dietary guidelines

UK food watchdog will inject thousands of pounds into a new study seeking to investigate the role diet plays in our formative years. The findings could open up new opportunities for food and beverage manufacturers targeting the younger slice of society.

Glencore weighs up Russian grain

International Swiss trading company Glencore has plans to invest up to €80 million in an effort to establish a Russian grain business, which according to press reports will be called International Grain Company.

New health claim for soy on the way?

The Food and Drug Administration (FDA) is reviewing a new petition for a health claim that suggests the consumption of soy protein-based foods may reduce the risk of certain types of cancer including breast, prostate and colon cancer. If cleared, the...

Online help for manufacturers

A new system has been launched on the Internet to help food producers cope with the complications of new EU meat labelling regulations. The system provides manufacturers with the Quantitative Ingredient Declaration (QUID) percentage, which is now a...

'Next generation' RTD from Vin & Sprit

Sweden's Vin & Sprit (V&S) is to launch the first ready-to-drink variant of its popular Absolut vodka brand in the Canadian market. The launch comes at a time when global RTD sales are on the decline, but the company believes that its product marks...

EU clears raft of sterol approvals

The European Commission this week granted approval for several new foods with added phytosterols, set to significantly expand the number of cholesterol-lowering foods available in Europe.