Flavours and texturants firm Degussa will shrug off its fruit
preparation business to an American equity company in a sale that
prepares the ground for a total divesture of its remaining food
US food safety procedures could be improved if the system was
consolidated suggested a report published on Wednesday by the
Government Accountability Office (GAO), but it failed to define
possible cost savings.
Natural and organic food chain Wild Oats yesterday blamed a greater
than expected take up of its holiday rewards program and ongoing
expenses related to the opening of new stores for a
wider-than-predicted quarterly loss.
Underlying the destructive power of foodborne disease against the
backdrop of the increasingly complex food industry, the head of a
food safety centre warns the rise in demand for food carries an
"invisible price tag".
Flavors company Sensient Technologies said last week that
fourth-quarter earnings rose 2.5 percent, lifted by foreign
exchange rates and higher profit from sales of traditional flavors
in Europe and North America.
When nutritional labeling comes into force in Canada later this
year, manufacturers may also take advantage of the need to change
their labels to stipulate whether their products' ingredients are
The Florida Consumer Action Network (FCAN) on Wednesday added its
voice to the chorus calling for the FTC to examine the McNeil
Nutritionals led advertising campaign for the artificial sweetener
Splenda, writes Philippa Nuttall.