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ABF acquires Mazola oil

British food, ingredients and retail company Associated British Foods on Tuesday announced the acquisition of Unilever's branded corn oil and corn products business in the...

Higher volumes boost flavour company results

US producer of colours, flavours and fragrances Sensient Technologies said on Monday that its first-quarter earnings had climbed a massive 54 per cent. Revenue for...

Rumours: Coke and Danone close to deal

French food group Groupe Danone and US soft-drinks giant Coca-Cola are close to a deal to make the beverage company the licensed importer and distributor...

Forum for parents to criticise food manufacturers

The Food Commission, the UK watchdog on food, announced plans this week to introduce a parents' jury to help decide which foods and drinks should...

Will Barilla raise Kamps bid?

Italian pasta maker Barilla said it would consider raising its 12 euros per share bid for Europe's leading baker Kamps, should a rival bidder emerge,...

Cadburys chews over Danish gum

British confectionery and drinks group Cadbury Schweppes is set to announce a 350 million pound (€569 million) takeover of privately held Danish chewing gum firm...

New agency for food processing standards

Thai food producers and the Thai government are to work together to boost food exports over the next five years, with a target of one...

Food manufacturers discuss the way forward

Encouraging news for European food manufacturers - apparently two thirds of European consumers think that their food is safe. These are the findings of a...

M&A activity for food industry drops

"As the economy took a dip in 2001, so did merger and acquisition activity in the food industry,'' commented Catherine Pfister, market analyst at the...

Drinks companies target coffee bar set

Everyone wants to be involved in a "hot" consumer trend - like the cold coffee that is due to appear in supermarkets across the US,...

Sucralose blends - new opportunities

Nutrinova, German based supplier of speciality ingredients, claimed this week that the recent UK approval of sucralose for use in food and beverages has opened...

Food group: ingredients slice sees double-digit growth

British food group Associated British Foods, the maker of Twinings tea, reported a top of the range six per cent rise in half-year profits on...

Structure confirmed for Sigma-Tau Group

Italian pharmaceutical and carnitine specialist, Sigma-Tau group, which began US operations in 1989, has formed a holding company for its three US companies - Sigma-Tau...

Barilla bid appeals to Kamp funds

Major institutional shareholders in Europe's leading baker Kamps agreed on Wednesday to accept a €1.76 billion takeover bid from Italian pasta giant Barilla, Reuters reports....

Juicy sales for fruit ingredient company

UK food ingredient specialist J.O. Sims this week announced record growth in the sales of its fruit ingredients, with an increase of over 50 per...

Irish organic farming should move into mainstream, says report

Organic farming could account for 3 per cent of all farmland in Ireland by 2006, if the recommendations of a new report are implemented quickly,...

Colouring foodstuffs gain ground in colourings market

Colouring foodstuffs are making an impact in the European colourings market according to new research carried out by market consultants Frost & Sullivan. The study...

Traditional food company adopts new strategy

Scottish company Baxters, which manufactures soups, chutneys and jams under its well-known brand, is expected to slash its board of directors this week as part...

Kraft Foods reports 20 per cent growth in first quarter

America's biggest food company, Kraft Foods, announced a rise of 20 per cent in earnings for the 2002 first quarter, attributing strong volume growth in...

Food market will be least hit by recessionary consumers, new report

A new report, "Recessionary consumers" , that investigated the shopping habits of consumers across Europe, found that while eating out is still seen as a...

Cargill reports 3Q earnings

US food company Cargill, the new owner of French starch manufacturer Cerestar, reported $161 million (€182m) in earnings for the third quarter ended February 28,...

Coke with a twist, new roll-out

Soft drink giant Coca-Cola, facing a stiff challenge from arch rival PepsiCo in the crucial North American market, on Monday unveiled a new vanilla-flavoured version...

New Japanese organic standards harm local industry

The new Japanese regulations on organic foods are having a profound effect on the organic food industry, reports market analyst Organic Monitor. Although this is...

Mexican duties on high-fructose syrup 'illegal'

An international trade panel on Monday again found Mexico's anti-dumping duties on US high fructose corn syrup (HFCS) illegal, and ordered the government to lift...

US fortified foods market now worth $18 billion

Sales of the total fortified foods market in the US reached almost $18 billion (€20.4bn) in 2001, tripling the sales achieved by the market in...

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