News Headlines Financial & Industry
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News briefs: Glanbia, Fonterra speculation
14-May-2008 - This week, Glanbia says it expects to offset dairy cost pressures by meeting full year growth, and Fonterra is expected to target expansion in Australia.
Bumper rice harvest for 2008, FAO
14-May-2008 - World rice production is set to reach record levels in 2008, according to the UN Food & Agriculture organization (FAO) which has quelled fears that sharp price hikes will continue indefinitely.
DuPont, Danisco join forces for non-food ethanol
14-May-2008 - A new joint venture by DuPont and Danisco aims to develop what could be the first large-scale non-food ethanol production, which could lighten the pressure of biofuels on the food industry.
FDA seeks opinions on communication of spinach recall
13-May-2008 - The Food and Drug Administration (FDA) hopes to improve communication with consumers by seeking comments on its handling of 2006's spinach recall.
Cranberry oil gains GRAS approval
13-May-2008 - Stability in a range of food and beverage formats and a nutritional payload that includes omega-3, 6 and 9 oils as well as antioxidants are being pushed for a cranberry seed oil recently granted GRAS status.
Health and prices dominate hydrocolloids debate
13-May-2008 - The trend towards healthier products and price pressure dominated discussions at IMR International's Hydrocolloids Conference last month, mirroring concerns of the food industry at large.
Coca-Cola brand value tops $58.2 bn, claims report
13-May-2008 - Strong brands drive business growth and beat market turmoil for food and drinks sector, as a new report on top 100 global brands confirms firms are recognizing that brands are among their most valuable assets.
R&D agreements perk up Redpoint's finances
12-May-2008 - Taste modulators Redpoint Bio have reported strong Q1 results on the back of its R&D collaborations with Coca-Cola and flavor and fragrances company Givaudan.
Innovation: the fast before the feast
12-May-2008 - Last week's Vitafoods trade show highlighted a drop in ingredient innovation with many companies placing the blame at the door of Europe's evolving health claims legislation.
Burma cyclone could further cut back rice supply, FAO
09-May-2008 - The effects of Cyclone Nargis, which ravaged Burma (Myanmar) on May 3, are now expected to spread to rice markets and further squeeze dwindling supplies, the UN Food & Agriculture Organization said Thursday.
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