Nestlé has launched an initiative that promises to help bridge the living income gap for cocoa farmers in its supply chain. With a focus on productivity, resilience, diversification and access to education the company is more than tripling its current...
Mondelez International plans to close older ‘subscale’ facilities and will open five previously unannounced sites by 2020 as part of a five-step supply chain efficiency program.
Improving economic data notwithstanding, the US market will remain challenging for packaged food companies for some time, according to bosses at Heinz.
MGP Ingredients has seen a surge in Q2 sales and operating profits, which the company said is mainly attributable to higher sales of food grade alcohol.
SunOpta is catching up on filing its financial results and has announced a rise in profits in the first quarter of this year despite hefty professional fees relating to its berry division write-down.
Flavors company Sensient Technologies has reported a third
consecutive quarter of strong sales growth on the back of good
demand and price increases for its products.
New products and seasonal success may have given Hershey increased
2005 sales, but income for the confectionery colossus remains
blighted by the cost of reorganisation.
More acquisitions may be on the cards for Balchem, the company that
last month bought Loders Croklaan's encapsulation and agglomeration
business, reports Jess Halliday.
Despite reporting a decline in revenues, Germany's third-largest
chemicals company Degussa said that it had 'got off to a solid
start' in the first quarter of the year, ahead of presenting its
full results tomorrow.
German pharmaceuticals and ingredients group Boehringer Ingelheim
has reported a successful first half-year, with sales in the first
six months of 2002 rising 21 per cent on the previous year to €3.7
billion and an operating income...
US spice maker McCormick & Company saw profits in the
second-quarter climb 19 per cent, helped by solid sales growth and
interest income from a purchase-price adjustment.
