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Splenda maker invests heavily in NPD
21-Feb-2005 - Race for the next high margin ingredient continues as the UK maker of Splenda sweetener signs off $46 million over the next five years to invest in "next-generation food and industrial ingredients".
Cinnamon drop: latest ingredient to go trans fat free
21-Feb-2005 - As the deadline for trans fats labeling approaches, confectionery manufacturer Wilbur last week launched a zero trans fat cinnamon drop.
Sensient sees small rise in Q4 earnings
21-Feb-2005 - Flavors company Sensient Technologies said last week that fourth-quarter earnings rose 2.5 percent, lifted by foreign exchange rates and higher profit from sales of traditional flavors in Europe and North America.
CSM slices away unprofitable ingredients units
21-Feb-2005 - Shaving off unprofitable units, Dutch ingredients firm CSM said this week it would close four of its bakery ingredients distribution units in the US.
FCAN joins call for Splenda to drop ad campaign
18-Feb-2005 - The Florida Consumer Action Network (FCAN) on Wednesday added its voice to the chorus calling for the FTC to examine the McNeil Nutritionals led advertising campaign for the artificial sweetener Splenda, writes Philippa Nuttall.
Jays potato chips market trans fat free status
18-Feb-2005 - Jays Potato Chips on Wednesday became another company to take advantage of the growing consumer awareness of the dangers of trans fats.
GM dispute panel meets in Geneva
18-Feb-2005 - With the countdown extended, talks continue this week in Geneva between the US and Brussels to move the entrenched trade dispute on genetically modified organisms forward.
Chocolate industry affirms reponsible farming need
18-Feb-2005 - Democrats Tom Harkin and Eliot L. Engel wrote a hard-hitting piece in the LA Times on Monday about the human cost of the chocolate trade, but the cocoa industry has hit back by reaffirming its commitment to responsible farming.
Organic ingredient price decrease means more conversions
16-Feb-2005 - House of Bread Franchising has finally decided to start producing organic bread after a decrease in ingredient prices makes production a viable business option, reports Philippa Nuttall.
'Natural' sweetener to take on synthetic market
16-Feb-2005 - Swiss Research believes it has created the "holy grail" of sweeteners, a natural alternative to the synthetic varieties frequently lambasted by the media, it officially announced on Tuesday, Philippa Nuttall reports.
TIC launches low-viscosity inulin
16-Feb-2005 - Hydrocolloid supplier TIC Gums has launched an inulin ingredient aimed at boosting the fiber content in a variety of products.
Peanuts in plentiful supply
14-Feb-2005 - Several recently published studies have revealed the nutritional benefits of peanuts and USDA figures released last week show that there is no shortage of supply for food manufacturers.
Rising soybean stocks mean stable prices
14-Feb-2005 - Global stocks of soybeans continue to rise after last year's price spiking draw-down, with oilseed production for 2004-05 projected to reach 390.2 million tonnes, providing a 'comfort-zone' for inventory levels.
Expenses push Senomyx's revenue down
14-Feb-2005 - An increase in research and development and other expenses caused Senomyx's revenue to slip 23 percent in Q4, according to the results published by the company last week.
Dietary guidelines influence consumers
14-Feb-2005 - Food manufacturers who haven't yet decided to rethink their product ranges based on the recently released dietary guidelines should perhaps do so, according to new research.
National Starch boosts profits for parent company
11-Feb-2005 - Sales are down but profits have perked up for chemical giant Imperial Chemical Industries (ICI) with National Starch bringing a considerable chunk to the growth.
Cheaper alternative to soaring grapefruit oil launched
11-Feb-2005 - The hurricanes that swept through the US last year caused great devastation to many crops. Grapefruit prices, in particular, soared, provoking flavor companies including IFF to come up with alternatives, Philippa Nuttall reports.
MGPI still susceptible to low-carb swings
11-Feb-2005 - The decline of the low-carb trend continued to impact MGP Ingredients in Q2, though this slide helped give a slight boost to its fiber rich products.
Spices top flavor charts in 2005
11-Feb-2005 - Flavorists at McCormick & Company this week forecast the top flavors for 2005 - with annatto, cardamom and pickling spice at the top of the list.
Wheat market remains unstable
11-Feb-2005 - Prices for key raw materials used by the food industry are lighter this month on gains in wheat, corn and soybean inventories, but analysts suggests wheat prices are open to upside risk.
Second round of price hikes at Solae
09-Feb-2005 - Solae announced yesterday that its customers were to suffer another round of price rises because of increased consumer demand for soy protein.
Splenda logo to appear on new Diet Coke
09-Feb-2005 - Sales and consumer awareness of sweetener from UK manufacturer Tate & Lyle look set to rise as number one global soft drinks player launches a new version of Diet Coke, complete with Splenda sucralose logo on the packaging, writes Lindsey Partos.
Q4 profit slight, but Bunge optimistic
09-Feb-2005 - Bunge, the biggest processor of oilseed in the world, was extremely upbeat about its results yesterday, despite volatility in the fourth quarter keeping profit back to five percent, writes Philippa Nuttall.
FAO advises calm reaction to US/Canada BSE scares
09-Feb-2005 - UN-backed food organisation warns food producers and consumers to stay calm, after a few cases of mad cow disease are identified in Canada and the US, and last month the first case of Bovine Spongiform Encephalopathy (BSE) in a goat.
CP Kelco and Noviant become one
07-Feb-2005 - CP Kelco and Noviant, part of JM Huber, announced today (Monday) that the companies will henceforth operate as one business under the CP Kelco name.
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