Archives for February 29, 2012

← 2012

DSM readies €2bn+ acquisitions war chest as 2011 profit jumps 15%

By Shane Starling

Nutrition and polymers were the stand-out divisions for Royal DSM in 2011, a year that saw operating profits rise 15% from €752m to €866m, as the newly life science-oriented ingredients giant singled out Martek buy-out success and committed to ongoing...

Strauss faces chocolate price hike accusation in Israel

By Oliver Nieburg

Israel’s antitrust authority has received a complaint alleging that the country’s number two food manufacturer The Strauss Group is exploiting its monopoly on the domestic chocolate market by overcharging consumers.

Audit slates Spanish slaughterhouse conditions

By Arabella Mileham

Spanish slaughterhouses have been criticised for poor animal welfare standards, after an audit carried out by the EU’s Food and Veterinary Office found that four out of seven slaughterhouses did not meet requirements.

FAO campaigns against fraudulent farm drugs

By Melodie Michel

The Food and Agriculture Organisation (FAO) is campaigning for a pharmaceutical standard on Animal African Trypanosomosis drugs to be implemented in regions affected by the fatal livestock disease.

Poor profitability affects EU pig herd

By Melodie Michel

High production costs and stringent sow stall legislation have discouraged many pig producers in the European Union (EU), according to a UK Agriculture & Horticulture Development Board (AHDB) market survey.

Rocketing US cheddar exports fuel strong full-year for Glanbia

By Ben Bouckley

Irish dairy firm Glanbia says that booming US cheddar export sales fed into a strong 2012, but warned that the key risk to the global dairy market in 2012 centred on “significant concerns” regarding the global economic downturn and its effect on consumers.