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
Long term investments in added-value products contributed to
British starch group Tate & Lyle's end of year results with
strong US performance offsetting squeezed margins due to surging
raw material prices. A lift in demand...
US biotech crop pioneer Monsanto is to suspend the introduction of
the world's first biotech wheat, amid public outcry at the possible
risks of genetically modified crops and at Monsanto's aggressive
marketing tactics, writes...
With shortfalls in grain harvests progressively worsening over the
past four years, closing the gap will not be easy, says Lester
Brown at the Earth Policy Institute. He predicts this year may
witness another shortfall, bad news for...
Specific functional and nutritional benefits have boosted sales in
recent years for the fast growing, EU-subsidised milk protein
concentrate market. With export markets continuing to grow French
ingredients group Ingredia has linked...
Food makers and ingredients firm across the world are currently
affected by the rising world price for basic food commodities. In
each of the last four years world grain production has fallen short
of consumption, forcing a drawdown...
Smart risk management moves guided the world's leading oilseed
processor Bunge to a massive 75 per cent rise in income for the
first quarter as the price of soybeans reached 15 year highs on
poor crop harvests last year.
Spearing growth in the speciality starch and health ingredients
domain MGP Ingredients links up with Penford Corporation to market
a new potato-based resistant starch for increasing fibre and
reducing carbohydrate levels in food products....
US colours and flavours group Sensient continues to feel the impact
of soft markets in North American food and beverage segments,
particularly synthetic colours, posting a further drop in income
for the first quarter of 2004. Pressure...
In a new move to drive sales and carve a position in the growing
health foods market, US supplier of ingredients to the bakery
industry FACT corporation will directly target the consumer through
a line of bakery mixes.
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...
Building up a market position through direct contact with the
consumer and cashing in on the growing low carbohydrate fad,
ingredients firm Arla Food Ingredients will see its low-cal,
low-carb tagatose sweetener emblazoned on the...
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...
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'...
Flavours giant International Flavors and Fragrances and subsidiary
Bush Boake Allen must pay out $20 million in damages as an American
court rules that a US popcorn factory worker sustained harm to his
lungs from mixing flavouring...
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
Deaths due to poor diet and lack of exercise have risen by more
than a third in the last ten years, said the US government
yesterday, citing new research that suggests obesity could soon
overtake tobacco as the leading preventable...
Wheat, corn and soybean prices will remain high for much of 2004,
warns the US agency Fitch Ratings, with the industry likely to see
a continual shifting of higher ingredients costs onto the food
manufacturer. But tough negotiations...
US starch supplier MGP Ingredients witnesses the benefits of
'adding-value' to ingredients products with strong growth in
low-carb ingredients pushing demand for its resistant wheat starch
Chipping away at heavy debt the Australian ingredients firm Burns
Philp & Co will spin off its US herbs and spices unit - Tones
North American - following 'expressions of interest' for the
division, the company said...
The sixth International Cocoa Agreement in three decades came into
force at the beginning of October, heralding a break from the past
with the exclusion of market regulatory mechanisms - production
quotas, buffer stocks and other...
One year after new rules on organic standards hit the American food
industry one in ten Americans are eating more organic foods,
reports a US trend tracker - but price is still a barrier to new
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...
Building on the one-stop-supplier philosophy, the new kid on the
xanthan gum block Danisco has made inroads into the market this
week, linking up with one of the largest xanthan gum suppliers in
China, the Henan Tianguan group.
Ongoing rumours that the Irish food and ingredients company Kerry
Group had bought up a US fruit flavour operation were at last
confirmed with the ambitious food ingredients business broadcasting
that it has purchased US-based Da...
As US International Flavours and Fragrances and Swiss company
Givaudan continue to fight it out for the number one global
flavours and fragrance spot, the Swiss supplier reports stable but
far from dazzling 3 per cent sales growth...
Controversial new rules in the US on the labelling of trans fatty
acids (TFAs) on food products continue to meet with opposition from
food manufacturers. On Thursday the National Food Processors
Association - the industry body - voiced...
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.
Steady but unsensational growth is earmarked for soy products in
the US with market analysts predicting a 5.4 per cent rise year on
year to $8.6 billion (€7.3bn) in 2007. But demand for industrial
applications are poised for a surge...
Fresh from acquiring starch derivatives company Cerestar,
privately-held US company Cargill throws another European
ingredients company into its shopping trolley with the purchase of
French cocoa and chocolate ingredients company...
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.
Americans' knowledge of genetically modified foods remains low and
their opinions about its safety are just as divided as they were
two years ago, according to a new survey released last week by the
Pew Initiative on Food and...
We take a look at the freshly elected officials for the 2003-2004
season at the American Association of Cereal Chemists (AACC) - to
be inaugurated at the organisation's annual meeting later this
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...
Innovation courses through the food and drink industry as
businesses continue to strive for oneupmanship in an increasingly
competitive market. As different sectors seek to satisfy key
consumer needs - 'beauty from within'...