Financial & Industry

Unilever reports strong group turnover

27-Apr-2001 - Unilever, the Anglo-Dutch food and consumer products group, said on Friday that its five-year Path to Growth plan to improve sales and margins was on...

US collaboration to develop soup ingredients

27-Apr-2001 - US flavour specialists Senomyx, Inc.,and US soups giant Campbell Soup Company announced this week a collaborative research and license agreement to discover and commercialise new...

French food industry resisting the difficulties

27-Apr-2001 - As a result of the food crises menacing Europe the year 2000 was undeniably a difficult one for the French food industry. However the industry...

Danisco buys US flavours

27-Apr-2001 - Danish food, sugar and packaging group Danisco said on Thursday it acquired U.S. Florida Flavors, a leading manufacturer of fruit flavours for the juice industry,...

Kellogg reports sales slump

27-Apr-2001 - Kellogg, the US cereals and snacks group on Thursday reported a slump in first-quarter profit as it moves to integrate its Keebler acquisition, the Financial...

Arla action following Tagatose GRAS approval

26-Apr-2001 - A US expert panel recently approved Tagatose, the low-calorie, milk-based sweetener for use in food products in the US. The sweetener obtained the GRAS (Generally...

Japan and Russia partially lift bans on meat

26-Apr-2001 - The Hungarian Government is pushing for a full lifting of the ban on meat and food product shipments to Russia, according to Péter Balás, Deputy...

Heinz buys Singapore condiments

26-Apr-2001 - Leading US food group marketer, Heinz, announced this week that it had acquired Singapore-based Sinsin Food Industries. A new company, Heinz Sinsin,...

Flavours set to grow

26-Apr-2001 - Global demand for flavours and fragrances is forecast to grow 5.4 per cent per annum to $18.4 billion in 2004, new research suggests. According to...

Sun Valley and Brookes sign £30m deal

26-Apr-2001 - All 450 staff at UK-based poultry supplier Sun Valley may move to Wales as the result of a £30 million deal between the company and...

Aventis urges US government for bio-corn residue limit

25-Apr-2001 - Genetically-engineered StarLink hybrid corn that caused massive recalls of taco shells in the U.S. last year has spread further through the food supply than had...

Chiquita in the shadow of bankruptcy

25-Apr-2001 - Chiquita, the US banana producer, reported yesterday a 89 per cent drop in first quarter net income, as it struggles to avoid bankruptcy. The world's...

Opta Food Ingredients releases first quarter results

24-Apr-2001 - Opta Food Ingredients reported revenue of $6.3 million for the first quarter of the year compared to $6.4 million for the same period last year. ...

ADM financial results weakened

24-Apr-2001 - Shares in Archer Daniels Midland (ADM) fell by 6 per cent yesterday after the US grain processor's quarterly earnings fell short of expectations because of...

Website makes life convenient

23-Apr-2001 - Convenience Food Info (CFi), a portal information centre, this month launched a new web site for the food industry. Convenience Food Info describes itself as...

Kiwi dairy invests in Australia

23-Apr-2001 - New Zealand's second largest dairy processing company Kiwi Cooperative Dairies Ltd said on Friday it had increased its stake in West Australian food company Peters...

Irish food industry in FMD shadow

23-Apr-2001 - Irish food companies stand to lose IR£45m (Euro57m) within a week, in the event of a foot and mouth outbreak in the republic, according to...

Beef crisis hits McDonalds sales

20-Apr-2001 - US fast food giant McDonald's warned on Thursday that fears over the safety of European beef, which dragged first quarter profit down 16 per cent,...

Wessanen goes ahead with dairy sale

20-Apr-2001 - Further to the divestment of its dairy activities Koninklijke Wessanen nv, the international food group, announced on Thursday that its US dairy companies, Marigold Foods...

Food companies headstart in functional foods

19-Apr-2001 - Food companies are using their marketing muscle to take an early lead over drug makers in the battle to sell "functional food" to health-conscious consumers,...

Hungarian workers protest over Danone plans

19-Apr-2001 - Protests in France over planned closures announced recently by French food manufacturer Danone are being repeated in Hungary. A public campaign is underway to reverse...

ABF reveals strong performance

19-Apr-2001 - Associated British Foods, the UK food, ingredients and retail group, announced strong interim results on Wednesday. ABF reported a 12 per cent...

ADM and P&G form development council

18-Apr-2001 - Archer Daniels Midland Company (ADM) and P&G Chemicals a business unit of Procter & Gamble last week announced the formation of a Technology Council to...

Blair criticised over food safety

18-Apr-2001 - Tony Blair is losing the battle to reassure voters about British produce,according to a new poll which reveals that three-quarters of the nation no longer...

Food Safety summit opens its doors

17-Apr-2001 - Recently appointed US Agriculture Secretary Ann Veneman is to speak today about food safety policy at the Food Safety Summit and Expo that opened in...

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