News & Analysis on Food & Beverage Development & Technology
Danisco has announced that it will sell its sugar division to Nordzucker for DKK5600m, around €751m, bringing to an end months of speculation as to whether it would agree to a sale or opt to spin off sugar into a separate business.
European corn starch producer Hungrana ramps up production for this popular thickening agent, announcing the completion of a major €100 million expansion project at its Szabadegyháza facility.
Strategies for confectionery makers to absorb rocketing price rises are essential as cocoa prices crash through the $3000 barrier, with demand outstripping supplies and pulling the stocks-to-grindings ratio to a 22-year low.
DSM hopes to improve its international food enzymes activities through the acquisition of the business and all the assets of Valley Research, an American biotechnology company.
Weekly comment
The prescribing of statins for eight years-olds is tantamount to saying that food and diet have failed, and that children are incapable of changing their eating habits and lifestyle.
CSM has announced plans to sell its Purac gluconates production plant in The Netherlands to Avebe, as part of a broader restructuring of manufacturing and focus on core competencies.