Archives for February 11, 2005

← 2005

Cheaper alternative to soaring grapefruit oil launched

The hurricanes that swept through the US last year caused great devastation to many crops. Grapefruit prices, in particular, soared, provoking flavor companies including IFF to come up with alternatives, Philippa Nuttall reports.

National Starch improves profits for ICI

Sales are down but profits have perked up for chemical giant Imperial Chemical Industries (ICI) with National Starch bringing a considerable chunk to the growth.

Wheat market remains unstable

Prices for key raw materials used by the food industry are lighter this month on gains in wheat, corn and soybean inventories, but analysts suggests wheat prices are open to upside risk.