Archives for July 28, 2004

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Interbrew bites back

In reaction to the continued buy up of shares in Sun Interbrew by a Russian investment company, parent company Interbrew has responded by announcing measures to control the sale of voting shares. The move has been made in an effort to maintain the...

Bunge readies Polish oilseed production

US-based agro-food giant Bunge says it is readying to resume production at its newly acquired oilseed processing facility in southern Poland. Bunge says that, tying in with Poland's accession to the EU, the facility represents a strategic move into...

Chocolate makers go head-to-head

Two of the biggest chocolate makers in the UK are to launch products which will directly compete with some of each other's biggest brands - an indication, perhaps, that the rich vein of new product innovation of the last few years may be drying up?

Tesco continues to stretch its lead

Tesco strengthened its position as the leading grocer in the UK in the last quarter, with sales growth more than twice that of its nearest rival Asda. Upmarket retailer Waitrose also showed excellent growth, while Morrisons continued to be weighed...

Asda steps up Fairtrade offering

After a highly successful Fairtrade Fortnight earlier this year, Britain's number two food retailer Asda is to increase the number of ethical products on its shelves - further evidence of the popularity, and profitability, of such products.

Ahold sales fall again

Ahold's management remains stoically bullish about the Dutch retailer's chances of recovering from the double whammy of fraud and poor performance, but the company's latest set of results show that the journey is likely to be long and hard.

Egg study angers industry

Sparking an angry response from the egg industry, but opening up opportunities for alternative ingredients, Japanese researchers suggest an egg a day could significantly contribute to heart disease in women.

Two new market leaders for xanthan

The competitive world of xanthan gum saw a new player enter the already crowded market this week when US chemicals firm Huber announced it would buy the world's number one xanthan gum supplier CP Kelco. Huber steps into the leading position just weeks...

Russia bans Nordic poultry

The Russian agricultural ministry has announced a temporary ban on poultry imports from both Sweden and Finland in an effort to prevent the spread of Exotic Newcastle disease.

Does organic food bring added health benefits?

The benefits of conventionally grown produce over organic foods was the focus of a recent debate between food technologists with scientists warning it is too early to reach conclusions, despite new research that suggests some organic produce could...

Moves in UK confectionery ingredients

UK confectionery firm Glisten Confectionery has gained a stronger foothold at the higher end of the confectionery market after food ingredients business Kiril Mischeff sold its House of York toffee brand to the Blackburn-based firm.