Net profit soared 83% at Corn Products International in the fourth quarter of 2011 on the back of higher sales, increased prices, and a one-off accounting gain, the company said Thursday.
An innovative new technology platform could provide manufacturers and food formulators with greater control and speed when producing encapsulated ingredients such as flavours and bioactive ingredients, say its developers.
International Flavors and Fragrances (IFF) saw net profits slump 56% in the fourth quarter due to one-off costs and ongoing high raw material prices, but adjusted results were largely in line with analysts’ expectations.
Demand for increased taste, odour and aroma without the heat has driven the development of a savoury jalapeno flavour application that can be used in sauces, dips and beverages.
Global food prices have jumped nearly 2% marking the first increase since July 2011, claims the price index from the UN’s Food and Agriculture Organization (FAO).
Sight and Life began 25 years ago as a vitamin A-delivering emergency response to the Ethiopian famines of the mid-1980s.
UK ingredients firm Macphie has announced plans to develop ultrasound technology for industrial scale baking that it claims will improve quality, boost nutritional value and bring energy savings.
An increase in the price for iso-glucose, driven by strong sugar prices, has boosted results at Tate & Lyle, according to city analysts, following the firm’s latest trading update.