UK government rules out sugar tax
The British government has no plans to tax sugary drinks, despite an online petition receiving more than the 100,000 signatures required to spark a parliamentary debate on the issue.
Archives for September 21, 2015
Jordan poultry producer lays $21m EBRD loan
Jordanian poultry producer Al-Jazeera Agricultural Company has secured a US$21m loan from the European Bank for Reconstruction and Development to modernise its facilities.
Mazola rolls out new ‘heart of nature’ brand slogan
Oil producer Mazola has launched a new slogan – “from the heart of nature” – as part of a refresh of its brand platform, aimed at making the firm more relevant to consumers.
DISPATCHES FROM IDF WORLD DAIRY SUMMIT 2015
Dairy sector faces supply challenge as products assume 'rightful place' in diet: IDF
The global dairy sector will face supply rather than demand challenges if its products successfully assume their "rightful place in just about all diets," says the International Dairy Federation (IDF).
‘No success model’ for new protein ingredients
Novel protein ingredients face a difficult future with too many barriers to entry to make success likely – but there are brighter prospects for Quorn and some potential for insect protein in animal feed, says Giract.
Savola and Thai Union form seafood JV, aim to net $400m in sales
Saudi’s Savola Group has formed a joint venture with Thai Union Frozen, one of the world’s largest seafood processors, to bring new seafood products to the Middle East, targeting US$400m in sales.
Aspen Foods refuses additional recall request
Aspen Foods has refused to recall additional chicken products after the USDA-FSIS said it had found a strain of Salmonella that prompted an earlier recall.
Dutch company HYET buys Ajinomoto aspartame factory
HYET Holding will purchase Ajinomoto Sweeteners Europe as part of its global expansion, the Dutch company has announced.
Almarai misses mark on $533m sukuk issue
Saudi dairy and poultry producer Almarai missed its US$533m sukuk target by more than US$100m last week, a reversal from previous rounds of debt-issuing, which were routinely oversubscribed.
Investigation
Anti-dumping: Will Tate & Lyle pull the trigger on Chinese sucralose?
Concerns are mounting within China’s sweeteners industry over the risk of Chinese sucralose becoming a target for an anti-dumping investigation by the US or EU, according to industry sources.
Americana faces rumoured joint bid from Savola and Temasek
Savola has reportedly teamed up with Singapore’s Temasek to make a joint bid for Americana, but the Kuwait food giant’s board denies knowledge of any bids.