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Danisco shares drop as Q3 results announced

Shares in Danish food and ingredients company Danisco dropped three per cent on Wednesday to a six-month low on disappointing quarterly results and a slight...

Cargill constructs new soy protein plant

US agribusiness giant Cargill announced this week that it is to open a new soy protein isolate plant in Ohio, US. The plant, destined to...

Chiquita enters new phase to recuperate market share

Chiquita Brands, the number two banana producer, said on Tuesday that it had emerged from the Chapter 11 bankruptcy protection and it has began a...

Faith in food irradiation boosts sales for US company

Consumer faith in food irradiation appears to be on the rise in the US, arguably driven by an increase in food safety concerns since the...

Green consumer shifts in attitude

Products with both functional and emotional benefits may be the way forward for manufacturers looking to make an impact on green consumerism. In a new...

Degussa exceeds expectations

German specialty chemistry company Degussa reported a one per cent increase in sales in 2001 this week, up to €12.9 billion from €12.8 billion for...

Cadburys to up slice of chewing gum market?

UK confectionery and drinks group Cadbury Schweppes is preparing a $2 billion (€2.27bn) bid for the chewing gum and cough drops arm of Pfizer, the...

Organic supply chain must be united

The National Farmers Union (NFU) in the UK this week called on every element of the organic supply chain to work together to increase efficiencies...

Forbes declines to buy back phytosterol ingredient from Novartis

US health science company Forbes Medi-Tech announced this week that it has exercised its right not to buy back the licensing and distribution rights to...

Sports drinks dominate performance industry, more evidence

A British study has found that the global market for performance foods and drinks is now worth in excess of $11billion(€12.5bn), and is dominated by...

Molson raises brewing stakes in Brazil

Canadian brewer Molson made a significant leap forward in Brazil this week by acquiring the country's second-largest brewer, the Financial Times reports. According to the...

Kraft cuts 7,500 jobs

US food company Kraft Foods announced this week that it is to cut about 7,500 jobs as it incorporates the biscuit and cracker maker Nabisco...

Life science boosts Lonza sales

Swiss fine chemical company, Lonza, this week reported an increase in 2001 group sales to CHF1,868 (€1,276m), up 9.7 per cent from the previous year....

Additional volumes boost Cerestar turnover

Starch company Cerestar announced on Friday that turnover in 2001 grew by 9.2 per cent to reach €1.8bn. The company attributed the rise to additional...

NZ Dairy Foods ruling due in March

New Zealand's competition regulator on Friday said it was again negotiating to extend the deadline for its decision on whether Australian dairy group National Foods...

Avebe cuts 450 jobs in company shake-up

Dutch potato starch company Avebe announced this week that it is to shed 450 jobs and cut production lines as part of a two year...

Organic milk must not be a loss leader, declares group

The organic dairy industry - producers, processors and retailers - must ensure that it avoids the route taken by the conventional industry if it is...

Tyson fights court decision over forced IBP merger

US meat giant Tyson Foods has asked a Delaware court to throw out a landmark ruling on its merger with IBP as the country's largest...

Future for scandal-smeared Snow Brand

The next episode in the saga of Snow Brand Milk Products, the Japanese company hit by food safety scandals, unfurled yesterday when the company announced...

US company ups powdered milk operations in Asia

Mead Johnson, the dairy product subsidiary of Bristol-Myers Squibb, has started production at its first powdered milk plant in Thailand that will serve as a...

Lonza extends production facilities

Swiss-based company Lonza recently announced the expansion of its small scale production capability at the Visp site, Switzerland. The small scale plant, predicted to come...

Phytonutrients: price erosion strongest restraint on revenue growth

The market for European phytonutrients producers appears to be threatened by cheap imports from Asia, cites a new report from market analysts Frost & Sullivan...

Butter creams the market

Despite growing trends in the West towards healthier eating patterns, the desire for comfort food, it appears, is still clearly present. According to a recent...

Coffee, the latest success story

Coffee was flavour of the weekend as scientists met in Florida not only to share the latest research into this popular drink but also to...

UK food industry: unsung success story?

The UK Food and Drink Federation (FDF) this week announced a new awards scheme to promote the food and drink manufacturing industry's commitment to the...

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