Diamond posts Q1 loss after walnut scandal
Kettle Chips maker Diamond Foods has recorded a $10.7m loss in the first quarter of 2013 after incurring expenses for an investigation into improper payments to walnut growers.
Archives for December 19, 2012
5-minute festive flick
Happy holidays from William Reed Business Media!
The working year is almost done, time to pause from ‘the business’ and embrace the festive season…go on, give it a big hug. Happy holidays!
Special edition: Reformulation
'Rollercoaster of pricing and availability' for key ingredients driving reformulation solutions: Ingredion
Increases in the price of key ingredients, or widely fluctuating prices, are driving reformulation efforts in the industry, with suppliers like Ingredion offering solutions to replace ingredients and cut costs.
American Sugar Alliance: ‘The country is swimming in sugar’
Sugar prices in the US have fallen more than 40% since last summer and are now at “dangerously low levels for producers who are facing ever-increasing input costs”, according to Jack Roney, an economist with the American Sugar Alliance (ASA).
What changes should be made to the Nutrition Facts panel in 2013?
First it was scheduled for late 2011, then we were told it would be early 2012, and now it's going to be 2013. But at some point in the near future, the FDA will publish a proposed rule to reform the Nutrition Facts Panel.
Frito-Lay technology slashes potato chip oil content by a third
Frito-Lay North America has filed an international patent for a method it has developed to reduce the oil content of potato chips by around a third.