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Opportunities for Constellation Brands

With the recent acquisition of BRL Hardy, Constellation Brands has become the world's largest wine producer, but faces a challenge to maintain its leading share of the market intensifies from...

S&P downgrades WBD

Following its failure to attract investment from French food giant Danone, Russian dairy and juice producer Wimm-Bill-Dann has had its Standard & Poor's rating downgraded from stable to negative. S&P...

Cargill makes Russian move

International food processor Cargill is set to construct a $50 million malt plant in Tula Oblast, Russia. Company spokeswoman Irina Kalygina told the Russian Vedomosti newspaper that the corporation is...

Czech brewers eye Poland

Czech brewers, backed by the Czech Association of Small Independent Breweries (CSMNP), are readying to increase their presence in the significant Polish beer market. The move is the first big...

CEE food retail flourishes

The economic transformation of Russia and the CEE region is still being led by the retail sector, according to a market report. For the food retail sector, growth has been...

UK's Sherlock detects illegal imports

The saga of an illegal red dye saga in the UK continues this week with the country's food agency boasting the powers of its 'detective work' in thwarting imports of...

Leaf to expand into Russia

Finland's leading confectionery company, Leaf, has said that it is to build a factory in St. Petersburg, Russia, for the production of functional pastilles and lollipops.

Scotch producers bridle at stamp threat

UK Chancellor Gordon Brown's attempts to clamp down on tax evasion have 'dismayed' one of the country's biggest manufacturing sectors - the Scotch whisky industry.

Meat group targets 'grey' consumers

Consumers aged 50-64 are among the most affluent in Europe, and while the food industry has been relatively slow to see the potential of targeting this age group, a few...

Reduced gum stocks push prices up

Early depletion of African gum stocks have driven up global prices of gum acacia. US company TIC gums this week passed the price rise of gum arabic on to the...

Tapping into steady emulsifiers market

Leading Japanese emulsifier supplier Riken Vitamin is set to boost production at its subsidiary in Malaysia with the opening of a new plant this week. High hopes to increase market...

Byrne update on enlargement

Speaking in Brussels earlier this week, European Commissioner for Health and Consumer Protection David Byrne announced the latest development on issues relating to food safety within an enlarged EU.

Industy mulls over 'may contain' alternatives

Labelling issues on the cards again for manufacturers as the UK's food safety agency this week launches a consultation on the use of alternative phrases to 'may contain' on food...

Emerging markets to impact soy processing

The regional distribution of soybean production and processing capacity in the US has shifted dramatically during the last decade. Citing the impact of emerging markets, a new study claims this...

Flexible pricing strategy keeps shoppers happy

An Every Day Low Pricing (EDLP) strategy is more popular with shoppers than one driven purely by promotions, according to a recent survey in the UK. But a combination of...

Food scientists, strength in numbers

Nurturing tighter relations across the globe in the domain of food science has motivated the UK's Institute of Food Science & Technology to link up with a range of national...

Second generation FABs to drive European growth?

Despite the steady stream of new product launches in a number of European markets, and continued growth of flavoured alcoholic beverages (FABs) across the Continent, spirit manufacturers are already predicting...

Heidi Romania set for growth

After getting off to a slow start at the beginning of the year, Romanian confectionery manufacturer Heidi Chocolats Suisse has said it is now estimating a 15 per cent increase...

Croatian companies discuss consortium

A number of leading Croatian food and beverage manufacturers and retailers have confirmed that they have started the first round of discussions aimed at promoting the industry in the face...

Hame ups Slovakia sales estimates

Hame Slovakia, a subsidiary of the Czech-based Hame Babice group, has upped its estimates for growth in the 2003 financial year, claiming that it now expects sales of its canned...

Kleppers to drive Danisco flavours forward

Ongoing consolidation of European food product companies means that today's flavour firms will principally achieve market gains through product innovation. Aiming to hit the top five flavour slot, Danisco has...

PURAC absorbs AVEBE subsidiary

Dutch food ingredients and confectionery multinational CSM continues its strategy to expand worldwide activities in the food and pharmaceutical markets with the recent announcement that it has completed the acquisition...

Treatt holds steady for full year results

Despite a 'challenging' year that saw profit before tax falling by 24 per cent for the first six months, UK flavours company Treatt has reined in results posting a steady,...

Budgens owner expands UK foothold

With the Safeway takeover bid dominating the headlines for nearly a year, the rest of the UK retail sector has been somewhat overlooked. But there has been plenty of activity...

First rise in 4 years for corn ingredients company

Earnings growth and cash generation boosted the quarterly dividend for US producer of starch and high fructose corn syrup, Corn Products international - the first rise in four years.

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