Kellogg reported a solid 7 percent increase in its earnings for the
third quarter with the North America region also putting up a
strong performance thanks to the successful introdution of new
United International Enterprises Limited (UIE), the majority
stakeholder in vegetable oil firm Aarhus United, confirms it will
sell its considerable stake in the Danish firm, due to be divested
by January 2005.
Corn Products International has announced improved sales and
improved earning for the first nine months of 2004, though as the
company had previously forecast, the second half of the year is
proving more challenging.
The battle for market share in the growing zero trans fats oil
marketplace has gathered pace after a small US co-operative joined
the large commercial players by rolling out its first batch of
trans fat-free soybean oil.
Despite acknowledging last week that considerable investments in
R&D and production facilities, designed to support the low carb
surge, would impact sales in the first quarter of 2005, wheat
protein and starch supplier MGP Ingredients,...
Soy products firm Solbar Industries is to set up a new company
specialized in sugar analysis, which will market its technology for
use by manufacturers of dairy products, protein-rich foods and
A rise in global stocks of wheat after a 30-year low will offer
continued relief to the tighter prices experienced by the food
industry in previous years, but the food chain still needs to stay
on the alert.