Financial & Industry

Britain starts mass slaughter

19-Mar-2001 - Britain started to kill tens of thousands of healthy sheep, goats and pigs on Friday in an effort to end the foot-and-mouth outbreak. It is...

New sports drink hits the market

19-Mar-2001 - PacificHealth Laboratories, Inc., a US nutrition company, announced this week the launch of a new sports nutrition product. Accelerade®, a sports drink,...

Northern Foods goes for mints

16-Mar-2001 - UK food provider Northern Foods is in talks with Nestle to buy Fox's Glacier Mints and "XXX" extra strong mints, the BBC reports. ...

Chinese food companies help agricultural development

16-Mar-2001 - The establishment and development of leading food enterprises has increased the industrialised operation of agriculture in China's Ninth Five-Year Plan period (1999-2000), Asia Pulse reports. ...

Gum Tech sells operations to Wrigley

16-Mar-2001 - Gum Tech International Inc., announced on Thursday that it has signed a definitive agreement to sell selected assets of its gum business to the Wrigley ...

Heinz to reduce workforce

16-Mar-2001 - US Food maker H.J. Heinz Co. said on Thursday it is to close some plants and reduce its workforce by 4 per cent, or nearly...

EU criticises massive embargoes

16-Mar-2001 - The European Union on Wednesday threatened to complain to the World Trade Organisation after the US and several other countries banned EU meat and livestock...

Nestlé and Cola deny joint venture rumours

15-Mar-2001 - Responding to an analyst's report, (see news yesterday) Nestle SA said it has no plans to collaborate with Coca-Cola Co. in the bottled-water business. ...

Eridania Beghin-Say Group divides into four

15-Mar-2001 - French food ingredients group Eridania Beghin-Say is to demerge in July 2001. The news arrived at the same time as mixed financial results for 2000. ...

Danone confirms provisional results

15-Mar-2001 - French food giant Groupe Danone confirmed its provisional results on Wednesday for the year 2000 which saw an increase in group sales of 7 per...

Parmalat to sell in US Kmart

15-Mar-2001 - Parmalat , one of Europe's leading dairy companies, said on Wednesday that it has entered an agreement with U.S. retailer Kmart to sell Parmalat milk and...

Programme to help food industry in Middle East

14-Mar-2001 - Jordan and the UN Industrial Development Organisation (UNIDO ) on Monday issued a statement for the implementation of an Integrated Programme which aims to improve the...

ADM closes soybean plant

14-Mar-2001 - Archer Daniels Midland Co., the leading U.S. oilseed crusher, said on Monday its soybean crushing plant in Little Rock, Arkansas, will be shut down indefinitely. ...

Do not abandon us, NFU asks gov

14-Mar-2001 - As the number of confirmed foot-and-mouth cases reached 204 in the UK on Tuesday, National Farmers Union president Ben Gill told the Prime Minister, "You...

Coca Cola and Nestlé,rumours of water venture

14-Mar-2001 - Coca-Cola Co. andNestle SA are considering a $3 billion joint venture in the water business, according to Sanford C. Bernstein & Co. beverage analyst Bill...

Ocean Spray launches website

14-Mar-2001 - Ocean Spray's Ingredient Technology Group (ITG) announced this week the launch of a new website, www.oceansprayitg.com . Visitors can access the group's latest corporate, product and...

Cadbury may bid for Pepsico sports drink

13-Mar-2001 - British confectionery and soft drinks group Cadbury Schweppes is considering a bid forPepsiCo Inc's All Sport Body Quencher for up to 60 million pounds ($88.09 million),...

First foot-and-mouth case strikes France

13-Mar-2001 - The first case of foot-and-mouth disease in continental Europe was confirmed in Mayenne in the north-west of France on Tuesday. The Ministry of Agriculture announced...

Food exports from Australia to Asia show strong growth

13-Mar-2001 - Australian food exports to Asia grew 13 per cent in the December quarter and are expected to exceed $12 billion, the Supermarket to Asia Council...

Australia to develop national food industry strategy

13-Mar-2001 - Australia is to develop a national food industry policy to identify new areas of growth, the government announced this week. Agriculture Minister Warren Truss will...

Foot and mouth disease update

12-Mar-2001 - Twenty-two new cases were confirmed on March 11 in Powys, in Devon 4 cases , Cumbria 8 cases, Worsestershire, Derbyshire,Dumfries and Galloway 2 cases, Gloucestershire,...

Signs that Dean Foods may be sold

12-Mar-2001 - Dean Foods , the second-largest dairy processor and distributor in the US, has called in Goldman Sachs, the US investment bank, to advise on strategic and...

United Biscuits sells frozen fish business

12-Mar-2001 - United Biscuits is to sell its stake in Young's Bluecrest, the frozen fish business, to the venture capital division of Legal & General (LGV), the...

Fierce competition for US health supplements market

12-Mar-2001 - Dutch health products supplier Royal Numico NV expects the competitive market for nutritional supplements in the U.S. to grow by an average of 10 per...

Manufacturers to slash supply costs

09-Mar-2001 - Almost three-quarters of U.S. manufacturers this year aim to aggressively cut supply chain costs in a bid to boost profitability, with over a fifth planning...

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