Archives for September 7, 2004

← 2004

So Natural raises funds for functional food venture

Australian soyfoods maker So Natural Foods Australia said yesterday that it will raise A$5 million (€2.87m) through the issue of unlisted convertible notes to fund expansion of its new joint venture Thorpedo Foods.

LA Lakers star enters bidding for Knjaz Milos

Serbia appears to be flavour of the month for investors, as the race to bag the country's leading mineral water bottler, Knjaz Milos, intensifies following a late but serious bid from Serbian national and LA Lakers basketball star Vlade Divac.

Phytonutrient flexibility from ARS

The US government science agency has made available a new tool to help food scientists undergoing research into the burgeoning field of phytonutrients, used increasingly by food makers looking to grab a share of the growing health food market.

GM soy to be allowed in Brazil, or not?

Food makers sourcing soy ingredients from Brazil will be interested to see that the country will not issue another decree to temporarily lift the ban on the planting and sale of genetically modified soybeans for the upcoming season.

Byrne bids adieu

On the eve of his departure as head of consumer protection in Brussels, EU Commissioner David Byrne claims that public confidence in Europe's food chain 'is returning', thanks to a raft of food safety rules now in place.

Western Balkans set to tap into EU sugar market

Sugar producers from Serbia and Montenegro will once again benefit from preferential access to the European Union market, following the EU's recent lifting of a 15-month ban on duty-free sugar imports from the country - a move that is expected to win...

Commission takes on controversial GM seed limits

Now tight rules are in place for the labelling of GM ingredients on food products, Brussels has moved down the food chain to tackle the sensitive issue of genetically modified seeds, meeting today to hammer out a draft decision setting GMO thresholds...

Hungarian wine exports suffer on poor marketing

Despite reporting that a vintage harvest is in store for the Hungarian wine industry, a leading industry expert claims that progress is being hampered by poor marketing, which is impacting marketability outside of Hungary.