Archives for May 3, 2006

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Acquisitions help Numico tap new markets

By  Anita Awbi

Europe's largest infant nutrition firm Royal Numico has announced a record 43.5 per cent profit rise, boosted by acquisitions in Asian and Southern European markets.

Vitamin C, lysine still blight BASF margins

By  Jess Halliday

BASF's fine chemicals division is bolstered by higher sales volume of aroma chemicals and vitamins A and E for animal nutrition, but the pressure over vitamin C and lysine has not abated, dragging down the division's profitability.

Food industry urges caution on biofuel promotion plan

By  Ahmed ElAmin

A plan to increase biofuel production could lead to an increase in prices for agricultural ingredients, in particular rapeseed, the bloc's food industry association warns in a position paper.

Metro's domestic performance slips

By  Anita Awbi

Metro Group's domestic first-quarter sales have fallen 3.8 per cent in the difficult retail sector, while increased international earnings continue to prop up overall performance.