Archives for June 28, 2016

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Danish Crown backs revolutionary packaging

By Rod Addy

Danish Crown has endorsed packaging that preserves long-distance meat shipments without the need for freezing or vacuum packing, claiming it would ‘gain traction’ in the pork industry.

Mezzan buys into KSA’s Al Safi for $25m

By Eliot Beer

Kuwaiti food conglomerate Mezzan Holding will buy into Saudi Arabia’s Al Safi Food for up to US$25m, while EIP, one of the buyers of Diamond Meat Processing, eyes further purchases.

Egypt agriculture in chaos amid fraud and inefficiency

By Eliot Beer

Egypt launches an investigation into potentially widespread fraud in its wheat procurement process, as the USDA claims wasteful food and agribusiness policies cost the country US$800m a year.

USDA pressed on Salmonella testing accuracy

By Joseph James Whitworth

The US Department of Agriculture (USDA) has been urged to revise pathogen testing protocols after a study found antimicrobials used as processing aids may lead to false-negative results.

Ethical labels worth $2bn in UAE market

By Eliot Beer

Sales of products with ethical labels of some sort reached more than US$2bn in the UAE last year, according to Euromonitor, with recycling and preservatives the main areas of focus.

Americana sale back on, NFPC sale off

By Eliot Beer

The sale of Americana finally went ahead this month, with Adeptio paying US$2.4bn, while NFPC abandoned its sale attempt, with potential buyers’ scepticism over expansion plans blamed. 

Ecolab tables bid for Laboratoires Anios

By Joseph James Whitworth

Ecolab has made an undisclosed binding offer to acquire Laboratoires Anios from co-owners Bertrand and Thierry Letartre and private investment company Ardian

Middle East drives hope for Brazil sweet producers

By Eliot Beer

The Middle East is a bright spot for Brazil’s confectionery industry as the only global market seeing growth, with Brazilian producers hoping to capitalise further on synergies with the region.  

Sustainability: A long-term investment and driver of innovation?

By Will Chu

The food industry has taken notable steps to address the issue of sustainable sourcing, compelled by a corporate and social responsibility that ensures products that are produced in a safe, supportive and environmentally responsible manner.