Archives for May 27, 2010

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Cognis comments spark €3.4bn buy-out figure

By Shane Starling

Speculation about typical asset valuing ion the chemicals industry by Cognis’s chief financial officer, Marco Panichi, has led to a figure of €3.4bn being attached to the German ingredient company, as buy-out speculation mounts.

Tate & Lyle shifts focus as profits fall

By Lorraine Heller

Tate & Lyle has announced a major shake-up of its business, shifting focus to specialty food ingredients and away from its traditional sugar business.

Cargill gets Novel Foods for Xtend sucromalt

By Lorraine Heller

A sucromalt ingredient from Cargill has received Novel Foods approval in Europe, opening up the use of the sweetener in a range of food and beverage products in the bloc.