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US enzyme market to diversify
New applications for enzymes should increase revenues, according to a market report released this week. According to market research company Frost & Sullivan the US...
Spanish Carrefour profits up 5 per cent
Carrefour España, the Spanish unit of French supermarketgiant Carrefour, has posted first-quarter net profit of Euro5.7m, up 5 per cent compared to last year's Euro33.9m. ...
New Zealand organic exports grow by 50 per cent
Organic agricultural exports in New Zealand are expected to total around NZ$ 64 million (US$ 26.9 million) this year, according to a new report on...
Report criticises French handling of mad cow crisis
A report on the handling of risk factors in the outbreak of mad cow disease criticices France's Agriculture Ministry for dragging its feet in forbidding...
Snow Brand to cut 1,000 jobs
Due to a sharp decline in sales after a massive outbreak of food-poisoning last summer, Snow Brand Milk Products Co., a major Japanese dairy product...
Dairy products consumption increases in China
Dietary habits are rapidly changing in China, boosting total consumption by 12 per cent per year and 15 per cent for the dairy products. According...
Nestlé denies interest in Dutch functional food
Nestle SA Chief Executive Peter Brabeck played down on Friday market talk that the world's biggest food group may have its eye on Dutch functional...
Tesco employees to share the cake
Up to a third of staff at British supermarket chain Tesco are set to share in a GBP38 million pound bonus payout, UK newspaper The...
Soybean export market
Based upon the response from hundreds of participants visiting the Ohio Soybean Council (OSC) booth at the U. S. Food Export Show, held early May...
Food companies moving away from GMO
Genetically modified food may be slowly disappearing from New Zealand supermarket shelves, as more and more food manufacturers shun the technology, reports the New Zealand...
New ingredients for infant formulas reviewed by FDA
According to Martek Biosciences Corporation, the American provider of health nutrients derived from micro-algae, the Food and Drug Administration (FDA) has completed its review of...
Lion Nathan to purchase more of Montana
Lion Nathan, the Australasian brewer faced little opposition from the UK's Allied Domecq on May 17th, when it purchased a further 9.5 per cent in...
2nd quarter results for Advanced Nutraceuticals
The American nutraceuticals producer Advanced Nutraceuticals, Inc. announced on May 16th its financial results for the second quarter and the six months ended March 31,...
Pernod Ricard clear to purchase Polish vodka
The French beverage group Pernod Ricard will acquire Polmos Poznan, the producer of Wyborowa, Poland's best-known vodka brand, reports the Financial Times. Agros Holding controlled...
Tesco to expand in South Korea
On may 14th, Tesco, the British retail group announced it would invest US$3.2 bn in its South Korean venture over the next four years. Terry...
Nutraceutix Inc. & Sinphar Co. to develop products for Asia
Nutraceutix, Inc., an American company providing patented products for the nutraceutical and pharmaceutical industries, has announced the signing of a memorandum of understanding with Sinphar...
Union SDA bought two Brazilian sugar refineries
The French coop group Union SDA acquired two sugar refineries/distilleries Univalem and Gasa , located in the northwest part of Brazil. These acquisitions were made...
ADM Co. receives award
The Archer Daniels Midland Co., the American agricultural processing and nutraceuticals company, received the prestigious "Most Improved Investor Relations" award for mid cap companies at...
Coca-Cola acquired Mad River Traders
Coca-Cola, the American beverage company, announced on Friday it had bought Mad River Traders, a maker of tea, juice and soft drinks, based in Connecticut,...
NBTY to acquire NatureSmart
NBTY, Inc., an American manufacturer and marketer of vitamins and nutritional supplements recently announced that it has entered into a contract to purchase NatureSmart from...
Danone factory in Hungary resists closure
After a call for a nationwide boycott of its products, French food company Danone has decided to resume production at itsbiscuit factory in the western...
Japanese snack firm invests in Australia
Japanese snack food company Terra Harvest Foods is to build a $10 million plant in Melbourne, Australia creating 220 new jobs in the food manufacturing...
Nestlé sells stake in German water
Nestlé Deutschland AG and Blaue Quellen Mineral- undHeilbrunnen AG announced on Thursday the sale of their 42 per cent stake in the Mineralbrunnen überkingen-Teinach AG...
Restructuring at Unilever to shut down 100 plants
The Anglo-Dutch consumer goods company Unilever confirmed at its annual general meeting on May 9 that it would close a total of 100 sites as...
Pre-packed food drives plastic packaging growth
The replacement of traditional materials, improvements in polymer properties and processing equipment, and growth in the pre-packed food market are the main factors driving the...
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