Suppliers

CP Kelco slice up for sale

CP Kelco slice up for sale

Number one global xanthan gum supplier CP Kelco is on the auction
block as majority stakeholder merchant bank Lehman Brothers opts to
sell its slice in the leading hydrocolloid company, reports
Lindsey Partos.

China clears GM corn

China clears GM corn

US-based Dow Agro Science has confirmed that its grain corn
containing an insect resistant trait has received regulatory
approval for import into China, reports Simon Pitman.

ISP buys into UK encapsulation

ISP buys into UK encapsulation

US hydrocolloid firm International Specialty Products (ISP)
continues to consolidate its position in the ingredients sector
announcing the acquisition of UK ingredients company Hallcrest. In
March this year the ambitious company acquired...

Fish processors tackle ads

Fish processors tackle ads

Major processors of canned tuna in the US have described a recent
ad campaign by environmental activists as being "an
irresponsible and highly inflammatory tactic" that will scare
consumers away from what they call a safe...

Enough soy?

Enough soy?

Companies working with soy and soy derivatives face continuing
price rises for the raw material as the US - a leading global
producer and exporter of the crop - raises concerns about the
'unusually low soybean stocks level'...

Hosting hydrocolloids

Hosting hydrocolloids

Consolidation in the hydrocolloid industry, price pressure and
'functionality beyond texture' are on the agenda at the annual
industry event to open in San Diego at the weekend.

Fibre, a force for sales

Fibre, a force for sales

Canadian firm SunOpta raises the stakes for high fibre ingredients
by upping production and completing the second expansion phase at
its Minnesota plant on the back of a surge in demand from food
manufacturers.

Avebe in starch agreement

Avebe in starch agreement

The Benelux operation of Fiske Food Ingredients, a distribution
business belonging to €4bn Dutch industrial chemicals group Univar,
has linked up with starch ingredients company Avebe to distribute
the co-operative's full range...

Price soars for soy

Price soars for soy

A recent round up from Goldman Sachs reveals that agriculture
returns fell 0.7 per cent in September led by wheat and corn, with
soybeans facing increasing price pressure.

Investors eye Bunge?

Investors eye Bunge?

Two years after the company went public, $20 billion US oilseed
giant Bunge declares a regular quarterly cash dividend of $0.11 per
share following swiftly on from strong second quarter earnings
announced in July this year.

Saucy findings!

Saucy findings!

Suppliers of whey, dairy proteins, emulsifiers and other
ingredients for salad dressings will welcome the findings of a new
survey that reveal 95 per cent of Americans consume salads at least
three times per week.

Tax relief for sugar giant

Tax relief for sugar giant

Jobs will be saved as US sugar giant Imperial Sugar receives
incentive from the Louisiana state. The company, that filed for
Chapter 11 bankruptcy protection in 2001, said recently that it
will have relief from state sales and use...

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