With R&D departments at some food manufacturers pared down to the bone as bosses slash overheads to control costs, open innovation has moved from a hot topic on the conference circuit to a practical necessity, says Ingredion CEO Ilene Gordon.
What’s in a name? Everything, when it comes to ‘cleaning’ up ingredients declarations, says National Starch/Corn Products International, which has launched an online hub at cleanlabelinsights.com to collate the latest research and market data to help...
So much stock has now been taken out of the supply chain that customer orders should not “fall off the table” as they did in 2008/9 if commodity markets go back into a spin, according to Corn Products International (CPI).
Corn Products International has seen profits more than triple in the first quarter after passing on higher prices for its products and receiving a payment from the Mexican government to settle a trade dispute.
Corn Products International’s profits fell in the fourth quarter on charges related to its National Starch acquisition, although sales from the newly acquired business boosted sales growth beyond expectations.
Corn Products International has said the Federal Trade Commission (FTC) has given initial approval of its $1.3bn acquisition of National Starch, with the deal expected to be finalized by early October.
Corn Products International’s $1.3bn acquisition of National Starch is unlikely to have an impact on the hydrocolloids industry as a whole, as starches are in ‘a field of their own’, says an industry expert.
National Starch is to be sold to US-based Corn Products International for US$1.3bn, current owner Akzo Nobel has confirmed. The news ends over two years of speculation over the business’ future and propels CPI into the European market.
National Starch is extending its range of Novation functional
native starches to include two new starches from waxy maize that
are suitable for use in products geared towards the certified
Chefs have long had a role to play in the food industry's
development of new products, but ingredients companies are placing
greater emphasis on how their sensory skills can be used to prepare
foods that are more appealing to...
National Starch introduced an extension to its Homecraft range of
functional flours to the European market at FIE this year called
Express 760, aimed at building viscosity and texture in instant and
National Starch Food Innovation has become the latest ingredients
firm to signal a price rise in the face of rising raw material
costs, with starches for food, beverage and pharmaceutical use set
to become more expensive.
The recent price and supply pressures facing users of dairy
ingredients have spurred National Starch Food Innovation to launch
a promotion platform for its new and existing dairy replacement
Cleaner labels, health claims and satiety are amongst the projects
in the pipeline at ingredients giant National Starch Food
Innovation, which will be looking for food firms to partner with in
its quest to bring new products to market.
National Starch Food Innovation has introduced a range of natural,
grain-based ingredients, which it claims maintain the positive
attributes of traditional flours while expanding and improving the
ways they can be used in packaged...
About half of US food producers that specify the use of
non-genetically modified ingredients in their products have little
understanding of the process involved, according to a recent
survey, writes Philippa Nuttall.
ICI subsidiary National Starch is the latest ingredients firm to
drive into the soaring Chinese food market, unveiling a new
technical centre adjacent to its recently opened production plant,
writes Lindsey Partos.
Facing the pressure of squeezed margins ICI-owned starch supplier
National Starch passes price rises onto the market, announcing an 8
to 10 per cent price hike for its tapioca based modified food
starches,reports Lindsey Partos.