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DuPont announces increased investment in food and nutrition research

03-Feb-2012 - DuPont has said it intends to invest over $10bn in food and nutrition research and development over the next nine years, in an effort to meet the challenge of feeding the world’s growing population.

Kellogg records modest growth driven by Latin America and Asia-Pacific

03-Feb-2012 - Cereal and snacks giant Kellogg has announced growth in its fourth quarter (Q4) full-year results led by gains in Latin America and Asia-Pacific.

Hershey records growth as international markets shine

02-Feb-2012 - The Hershey Company has announced improved sales and gross profit in its fourth quarter (Q4) and end of year results as sales in emerging markets soared.

Blue Pacific Flavors partners with Wilmar International

01-Feb-2012 - Blue Pacific Flavors has partnered with Wilmar International, in a move it says will expand its global market and raw materials supply chain.

ADM profits shrink 89% on higher corn costs

31-Jan-2012 - Grain processing giant Archer Daniels Midland (ADM) has seen its second quarter profit shrink 89% on higher corn costs and lower oilseed earnings, although sales have grown, the company said on Tuesday.

McCormick: 40% of flavor projects with US manufacturers are in healthier foods

27-Jan-2012 - Almost four out of 10 product development projects for US food manufacturers developed by McCormick & Co last year were on “flavor solutions that feature all-natural ingredients, reduced sodium, lower calorie and other healthy attributes”, its chief executive has revealed.

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Nonni's Foods acquires V.I.S cookie brand

27-Jan-2012 - North American biscotti firm Nonni's Foods has acquired cookie maker V.I.S’s THINaddictives brand.

Glanbia to open new HQ in Twin Falls, Idaho

26-Jan-2012 - Glanbia Foods has said it will open a new cheese innovation center and corporate offices in downtown Twin Falls, Idaho at a cost of about $15m, with construction due to begin later this year.

Sensient opens new color and flavor factory in Sao Paulo, Brazil

25-Jan-2012 - Wisconsin-based colors, flavors and fragrances giant Sensient Technologies has signaled its ambitions in the fast-growing Brazilian food market with the opening of a new color and flavor complex in Jundiaí, Sao Paulo.

Danisco acquisition provides bright spot for DuPont in 2011

25-Jan-2012 - DuPont benefited from last year’s acquisition of Danish specialty food ingredient company Danisco in the fourth quarter of 2011, as revenue more than doubled in its nutrition and health business – although the chemical group’s overall profit fell slightly.

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Ajinomoto to invest 2bn yen (US$26m) in Brazil seasoning plant expansion

24-Jan-2012 - Japanese ingredients giant Ajinomoto has begun construction work on a 2bn yen (US$26m) expansion of its flavor seasoning plant in Brazil.

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'Extraordinary outcome' for NutraCea as it pays off all of its creditors

20-Jan-2012 - Stabilized rice bran (SRB) specialist NutraCea has finally paid off all of its creditors 14 months after emerging from Chapter 11 bankruptcy protection.

Treehouse turnaround derailed by sudden drop in volume

20-Jan-2012 - Private label products giant Treehouse Foods blamed a sudden drop in volumes in December for derailing its turnaround and delivering a disappointing finish to its financial year.

Kraft to cut 1,600 jobs in preparation for company split

18-Jan-2012 - Kraft Foods has said it will cut about 1,600 jobs from its US and Canadian workforce over the next 12 months, as it prepares to split into two separate companies.

Ralcorp board approves Post cereals spin-off

18-Jan-2012 - Ralcorp has outlined the shape of the company after it spins off its Post cereals business, four years after it bought the maker of Grape-Nuts, Raisin Bran and Honey Bunches of Oats from Kraft Foods for $1.65bn.

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ConAgra moves into packaged fruit/veg with Del Monte Canada acquisition

17-Jan-2012 - ConAgra Foods has struck a deal to buy packaged fruit, veg and snacks maker Del Monte Canada Inc from an affiliate of Sun Capital Partners for an undisclosed sum.

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PepsiCo and Ocean Spray announce strategic alliance to crack Latin America

17-Jan-2012 - PepsiCo and Ocean Spray have annonced a strategic alliance in Latin America in a bid to strengthen the former's juice portfolio in the region and increase accessibility of the latter's products in this region.

BASF pulls out of European GM market

17-Jan-2012 - Ingredients and chemicals giant BASF has announced it will pull the plug on its European operations in genetically modified plant development due to a lack of acceptance in the market.

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Ralcorp announces Post and Ralcorp board members following Post spin-off

16-Jan-2012 - Ralcorp Holdings has announced the composition of its board of directors and that of Post Holdings following the spin-off of the Post cereal business from Ralcorp, planned for completion by the end of the month.

Hostess financial woes due to 'ineffective executives', says union leader

13-Jan-2012 - A major bakery workers union has hit out against Hostess Brands for its assertion that pensions obligations were a principal reason for its Chapter 11 bankruptcy filing, blaming 'ineffective executives' instead.

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Penford completes Carolina Starches acquisition

13-Jan-2012 - Penford Corporation has completed its acquisition of Carolina Starches, a manufacturer of modified starches and starch blends with annual revenue of about $25m, the company has said.

ADM to slash 1,000 jobs

12-Jan-2012 - Archer Daniels Midland (ADM) intends to cut 1,000 jobs, or about 3% of its global workforce, as part of an effort to save about $100m a year, the company said on Wednesday.

Imperial Sugar loss widens, shares fall to year-low

11-Jan-2012 - Imperial Sugar’s share price slumped to a 52-week low on Wednesday, after it reported a wider net loss in the fourth quarter and missed analyst expectations by $1.84.

Twinkies maker Hostess Brands files for bankruptcy

11-Jan-2012 - Wonder bread and Twinkies maker Hostess Brands has filed for Chapter 11 bankruptcy to allow it to restructure, but does not expect to stop producing or delivering any of its products during the process, the company said on Wednesday.