Continuing uncertainty and senior management turmoil at cranberry
supplier Ocean Spray has led Moody's to downgrade the firm's
short-term and preferred stock ratings, with further downgrade
possible in the near future.
A new organic programme in the US has lifted sales of organic food
and drink while western Europe saw growth slowing down on 2002
figures. New report predicts drop in growth for industrialised
world, but acceleration in developing...
One century on and millions of ice cream tubs later the US 'food
police' are out in force calling on ice cream retailers to tell the
full story about saturated fat and calorific content.
Oilseed giant Bunge reaped a strong second quarter with net income
more than tripling to $182 million (€158m), up from $50 million in
2002, boosted by the soy ingredients unit sale.
The volatile vanilla market has seen food manufacturers turning to
synthetic substitutes as prices per kilo soar from double to treble
figures in recent years. Danish ingredients giant Danisco - a
leading extractor of vanilla in the...
US firm Technology Flavors & Fragrances continues to falter in
2003 with a 70 per cent decrease in net income for the second
quarter, a decrease in net sales of 5.7 per cent and rising
operating costs.
The World Health Organisation continues on its mission to reduce
global obesity, hosting further meetings with food manufacturers
from around the world to discuss the role the trade can play in
tackling the problem.
The €435 billion US food industry has welcomed a move by the Bush
administration to inject more cash into food security. "Both
Secretary Thompson and FDA Commissioner McClellan emphasised that
the focus of this new food security...
Agribusiness giant ADM will dissolve a joint venture with US corn
sweetener company after the two companies stuck an agreement under
the auspices of a federal judge, reports the Washington
Post.
Cargill and Riceland Foods have announced their intention to link
up to manufacture, market and sell lecithin products to food,
pharmaceutical, and technical customers.
Crowds of food industry professionals will start pouring through
the doors of Chicago's McCormick Place South building this weekend
for the opening of the IFT Annual Meeting + FOOD EXPO. This year's
event - opened by Health...
Food safety is making international headlines as the United States
and the European Union continue to take dramatically different
positions over this contentious issue. A food policy think-tank
raises concerns that these transatlantic...
