A quirk of the latest go round in the FDA facility registration process means thousands of foreign firms could find their registrations have lapsed, a leading consultant tells NutraIngredients-USA.
Shares in the Brazilian meat company JBS have hit a 15-month low, coinciding with reports that senior figures, including the chairman Joesley Batista, have been accused of financial crimes regarding loan payments made to related companies in 2011.
Okanagan Specialty Fruits – the company behind the non-browning ‘Arctic Apple’ – is to be acquired by Intrexon Corporation, which also owns a majority stake in GE salmon firm AquaBounty Technologies.
Stevia supplier PureCircle has released sustainability goals for 2020 - but is sustainability really top-of-mind for stevia users? And why does the company define calorie reduction as part of sustainability? FoodNavigator speaks with PureCircle's...
Best Organics, a Boulder, CO-based company that offers organic food gift baskets, is the latest to take the plunge into B Corporation status. It solidified the company’s outward profile, but also brought some surprises through introspection.
One of the inventors of the B Corporation concept, Andrew Kassoy, said his goal was to find a way to harness the entrepreneurial spirit to solve social problems. Along the way, he discovered that a new corporate structure was needed to support that mission.
More than two-thirds of consumers avoid buying products if they dislike the parent company, according to the results of a new survey from Weber Shandwick and KRC Research.
Stevia supplier GLG Life Tech saw sales plummet 92% in the third quarter, after end customers complained about aftertaste problems when formulating with the sweetener, the company said.
Sara Lee has said it will sell the majority of its foodservice tea and coffee business to The J.M. Smucker Company for $350m, continuing its efforts to streamline the business.
GLG Life Tech’s joint venture in China has been given the go-ahead by Chinese authorities to provide its stevia-derived sweeteners for use in foods and beverages, the company has said.
Natural Soda has said it will incrementally increase production of sodium bicarbonate from 125,000 to 250,000 tons a year after the Bureau of Land Management approved its mining plan in Rifle, Colorado.
Finnish food group Raisio and Swedish firm Lantmännen have
dissolved joint ownership of a number of food businesses, which the
firms hope will drive focus and profitability.
A spate of acquisitions by larger natural ingredients companies
indicates consolidation in the market place mirroring that of the
industry at large, say industry experts, helping them gain weight
to cater to the needs of large clients.
Mitsubishi Corporation is to form a new diversified food science
company by amalgamating three of its subsidiaries, in order to
strengthen its R&D capabilities and expand globally by
combining customer bases and sales networks.
Takasago Flavors has completed the expansion of its confection and
beverage applications laboratories, a move forming part of a
multimillion dollar expansion project.
Now that the US authorities have issued final guidance under the
Bioterrorism Act, companies can now have assurance about the food
safety systems they have implemented or are about to put in place,
and the costs involved in complying...
