Unilever profits slump in tough third quarter
Food manufacturer Unilever has reported a 20 per cent decrease in third quarter pre-tax profit of 1.12bn, despite bucking the trend in the European market.
News & Analysis on Food & Beverage Development & Technology
Food manufacturer Unilever has reported a 20 per cent decrease in third quarter pre-tax profit of 1.12bn, despite bucking the trend in the European market.
A genetically modified wheat variety that has significantly more resistant starch than regular wheat could reach the market in five years, say Australian scientists who have won financial backing to commercialise the crop.
Leading agri-business Archer Daniels Midland (ADM) has seen earnings more than double in its first quarter, with performance boosted by improved market conditions and price increases for some of its primary products.
Israeli flavour firm Frutarom is continuing its rapid growth strategy through its expansion into Latin America.
The suspended WTO farm talks featured in the organisation's agriculture committee's meeting yesterday, with members' failure to supply up-to-date information a source of frustration.
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A new automated extraction system increases the amount of high viscosity fluids that can be removed from bulk bag-in-box packages, its manufacturer claims.
DSM has re-organised its dairy ingredients division into two distinct categories, reflecting growing demand from customers for both added value and efficiency-boosting products.
Tate & Lyle's unaudited interim results have given the firm reason to be confident that stronger growth can be expected in the near future.