Business

29-Apr-2008 - DSM has turned in a strong first quarter, with its Nutrition cluster registering 18 per cent year-on-year growth despite a weak US dollar and rising raw materials costs.

Weekly comment

No quick fix to the food price crisis

28-Apr-2008 - The food crisis is neither new nor sudden. The several underlying causes have been independently, steadily gathering speed and have collided in a perfect storm not seen for generations. It is going to take a coordinated, long-term effort to untangle them.

Diet choices and production matter more than food miles: study

28-Apr-2008 - Simple changes in diet could impact a consumer's carbon footprint more than buying local products with the motivation of not wracking up too many food miles, according to researchers at Carnegie Mellon.

Record world wheat production forecast in 2008/09

28-Apr-2008 - The International Grains Council (IGC) and Rabobank Group, a specialist in food and agribusiness banking, forecast that the prospect of a record world wheat harvest in 2008/09 could help to reduce wheat prices on global markets.

Halal market grows, with potential for non-Muslims too

28-Apr-2008 - The market for Halal foods is growing according to experts, as US Muslims grow accustomed to seeing Halal in their grocery aisles, and non-Muslims see it as healthier.

Q1 profits more than double at Bunge

25-Apr-2008 - Bunge reported a 70 percent increase in sales revenue for Q1 2008 over Q1 2007, as it reaps the benefits of rising commodity prices coupled with global demand that is not likely to ebb anytime soon.

Senomyx reports growth balanced with R&D costs

24-Apr-2008 - Senomyx has reported a 98 percent increase in revenue for the first quarter of 2008 over the comparable period in the previous year, owing to the flavor specialist's collaboration with Ajinomoto and two new partnerships.

Fat replacers to spiral in US dairy and meat sectors

24-Apr-2008 - Demand for fat replacers is set to increase as health trends continue, with particular growth experienced in the meat and dairy sector, according to a new report.

Organic Summit to highlight industry concerns

24-Apr-2008 - Nanotechnology for food and food security are among the key issues affecting the natural food industry, according to the line-up of topics at this year's Organic Summit.

Rice bran tipped for debut in new European markets

24-Apr-2008 - NutraCea is expecting to see its first sales of stabilised rice bran in Central and Eastern Europe following this week's FiCEE trade show, where the ingredient has been warmly received for its potential to reduce manufacturers' costs.

CPI adds stevia in hopes of FDA approval

23-Apr-2008 - Corn Products International is investing in what it sees as the eventual approval of stevia as a sweetener by the US Food & Drug Administration (FDA), by adding a stevia-based high-intensity sweetener to its portfolio.

Kerry North America regroups under new name

23-Apr-2008 - Kerry North America has begun rolling out a new name change in the Americas that it says will enhance its customer service by regrouping previously divided divisions.

Nature-identical still rules for CEE flavours

23-Apr-2008 - Demand for nature-identical flavours in Central and Eastern Europe (CEE) remains strong, as lower prices override the Western clamour for all-things natural and organic, say exhibitors at FiCEE.

Health awareness boosts US soy market, report

23-Apr-2008 - The US market for soy foods and beverages is poised for strong growth as consumer awareness of the health benefits of soy increases, according to a new report.

Texturizing starch withstands extreme processing conditions

22-Apr-2008 - National Starch Food Innovation has developed a flexible heat-resistant starch for adding texture to cold applications mayonnaise and dressings and heated products like soups.

Organic trend here to stay despite food price crunch

22-Apr-2008 - Market analysts say the organic market trend is here to stay, despite rising food prices. In fact, issues surrounding these price hikes - the globalization of food and environmental factors - may actually bolster this market.

Drink makers behind in natural colours search

22-Apr-2008 - Soft drink makers and confectioners remain someway behind rival industries in finding natural additives for their product formulations, a leading global ingredient supplier has said.

CPI reports strong growth in Q1 based on pricing advantages

22-Apr-2008 - Corn Products International has reported a 29 percent growth in net revenue for the first quarter ended March 2008, over the same quarter of the prior year, driven largely by its performance and pricing in the Americas.

GMA opposes government push for food manufacturing fees

21-Apr-2008 - The Grocery Manufacturers Association (GMA) has challenged draft legislation put forward last week by Democratic leaders for food and drug safety, on the basis the proposal would overly burden manufacturers currently facing a crisis in food prices.

Imperial Sugar to rebuild refinery damaged in blast

21-Apr-2008 - The Imperial Sugar Co today said it will rebuild the parts of its Georgia sugar refinery that were damaged in last year's explosion, reinstating it as the second largest refinery in the US.

Sensient rides high thanks to pricing and currency

21-Apr-2008 - Sensient Technologies Corporation reported in its financial results for the first quarter of 2008 that profits have been further boosted by pricing and currency conditions.

Gelnex markets traceability amid safety concerns

18-Apr-2008 - Gelatin producer Gelnex has announced it will launch a platform at IFT 2008 highlighting a 100 percent traceability program it says it has always followed, but that now more than ever needs to be marketed.

New superfruit flavors deliver nutritional benefits

18-Apr-2008 - Kerry Ingredients & Flavours has extended its line of functional flavors, which are said to combine the flavor and nutritional value of fruits and vegetables.

Treatt adds natural apricot to US flavor line

17-Apr-2008 - Flavor ingredients supplier Treatt has added Apricot 9853 to its Treattarome soft fruit flavor line and says the new ingredient could make headway in a flavor category that has not been commonly used in North America.

Coca-Cola wins sweetener legal battle

17-Apr-2008 - Coca-Cola has defeated a legal challenge that alleged it attempted to convince consumers that Diet Coke available from soda fountains commonly found in fast food restaurants contained the same sweeteners as those in cans and bottles when it did not.