Guar gum futures will be relisted soon, says FMC
India’s commodity regulator the Forward Markets Commission has said it plans to reintroduce guar gum onto the futures market soon.
Archives for October 16, 2012
Tereos acquires Romanian sugar refinery to meet Eastern European demand
French sugar group Tereos has said it will acquire Romanian sugar refinery Ludus, calling it a foundation for development in Eastern Europe.
Vion closes major Scottish plant
Vion UK has announced the closure of its primary pork processing plant in Scotland, citing major financial losses.
SymphonyIRI asks: Is there a ceiling to private label growth?
Ongoing economic turbulence in Europe could have a lasting effect on consumer attitudes to brands and private label products, according to new research into the private label sector from SymphonyIRI.
Pork prices set to hit record next year, predicts Rabobank
Tight global supplies and a challenging economy are likely to push pork prices to record levels in 2013, according to the latest analysis from Rabobank.
Resource efficiency set to rise in prominence
Resource efficiency will be even more crucial for the food industry in the coming year as it fights to prevent production costs from being passed on to consumers.
Danone reconfirms targets after ‘solid’ baby nutrition and water sales
Danone has reconfirmed its full year targets after recording “solid growth” in its Baby Nutrition and Waters business segments in the third quarter of 2012.
UK government defends actions on DSM
The UK government has agreed that the consequences of the European Commission stance on Desinewed meat (DSM) have been serious for industry but said it had “no alternative course of action” and handled the matter “appropriately” under the circumstances.
DuPont raises global hydrocolloids prices 10 to 15%
DuPont Nutrition & Health has said it would increase prices globally across its DuPont Danisco hydrocolloids range by an average of 10 to 15%, citing increases in raw material, energy and fuel costs.
Anti-GM sentiment grows in CIS
Opposition to the use of genetically modified organisms (GMO) in animal feed is growing in the CIS countries of Russia, Ukraine, Azerbaijan and Belarus.