GLG nearly doubles stevia capacity with new plants

07-Jan-2009 - GLG Life Tech Corporation said it had underestimated the capacity of its two new stevia processing plants in China as projections have now nearly doubled.

New Reb A collaboration to enhance flavor

06-Jan-2009 - Reb A supplier PureCircle has joined with Firmenich in an exclusive global collaboration which aims to provide a formula for applications using the stevia-derived sweetener, not just the ingredient.

National Starch sale unlikely in current climate

19-Dec-2008 - Hopes for National Starch to be sold by the end of the year have been dashed by the credit crisis and a sale is unlikely in the near future, said owner Akzo Nobel.

News in brief

Cargill's meat division acquires Carneco Foods assets

18-Dec-2008 - Cargill Meat Solutions (CMS) has purchased assets of Carneco Foods LLC, including a ground beef processing plant in Columbus, Nebraska.

Cargill takes texturizers direct to Australia and New Zealand

17-Dec-2008 - Cargill’s texturizing business is opening offices in Australia and New Zealand to serve local markets as well as customers meeting burgeoning demand for dairy products in Asia Pacific.

Opening trade with Cuba a priority for grain industry

12-Dec-2008 - Potential changes to US trade policy with Cuba once president-elect Barack Obama takes office would significantly boost grain markets, the USDA has said.

Malt ingredients company expands into US

11-Dec-2008 - Muntons Malted Ingredients (MMI) has opened its first office in the US to grow sales as it anticipates expanding markets for micro-brewing, whole grains and clean label ingredients.

Cannibal pricing strategies dent quality

10-Dec-2008 - The perceived quality of a product can suffer from frequent price promotions which can have a "cannibalization" effect on future sales, researchers have shown.

M&A round-up: October/November

01-Dec-2008 - It has been a bumpy ride over the last few months for mergers and acquisitions. The global credit crisis has cut into financing opportunities, while some high-profile deals have been stalled or even terminated.

Barclays downgrades US packaged food sector

28-Nov-2008 - Barclays Capital has adjusted its outlook for the packaged food sector in the US as it is not expected to see the benefits of lower commodity prices in the near future.

Bunge terminates merger agreement with CPI

10-Nov-2008 - Bunge announced today that its board of directors has voted to terminate the merger agreement with Corn Products International (CPI), following a decision by CPI’s board to withdraw its support.

CPI has ‘myopic vision’ over Bunge merger

06-Nov-2008 - CPI’s withdrawal of support for the planned merger with Bunge is a knee-jerk reaction to the current economic crisis, according to a Frost & Sullivan analyst.

News in brief

FAO chief appeals to Obama to help end world hunger

06-Nov-2008 - The director-general of the Food and Agriculture Organization of the UN (FAO), Jacques Diouf, has called on US President-elect Barack Obama to make the eradication of world hunger a priority.

Bunge merger under threat after CPI withdraws support

05-Nov-2008 - The merger agreement between Bunge and Corn Products International has been thrown into turmoil as CPI’s board has withdrawn its support for the $4.8bn deal.

News in brief

Monsanto diversifies into sugar cane

05-Nov-2008 - Monsanto is diversifying its core crop portfolio and investing in sugar cane with a definitive agreement to acquire Aly Participacoes Ltda.

Danisco rolls out plant emissions plan

05-Nov-2008 - Danisco is introducing measures to boost its ethical and environmental record with plans to cut CO2 emissions at five of its largest plants worldwide, starting with Denmark.

Commodity costs silver lining for ADM in Q1

04-Nov-2008 - Archer Daniels Midland Company is seeing the benefit of increases in commodity costs as its net sales income increased 65 percent for the first quarter.

Innovation needed to help adapt to new economic climate

27-Oct-2008 - Changes in the way people shop and a revival of family dining culture as households cut back on spending mean that manufacturers must innovate to preserve customer loyalty, according to IRI.