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Australian milk industry fights back after deregulation

Milk sales in Australia's supermarkets have dropped but production is increasing, according to the Australian Dairy Corporation (ADC). In a review of industry sales, the...

Agreement between Agri-Food Canada and Mexico

Canadian and Mexican agriculture leaders this week announced a new agreement that will lead to further co-operation over the next three years. Canada's Agriculture and...

Indian FMCG makers face stagnant market

Indian makers of fast moving consumer goods (FMCG) posted mixed results for the past quarter, but all face a similarly daunting future: nearly stagnant demand...

Technology to play greater role in designer foods

The constant demand for food which is fresher, more convenient, more flavoursome and more nutritious will mean an increase in the use of technology in...

Profit hike for Ajinomoto

Japanese food company, Ajinomoto Co. said this week that it will boost its production capacity of amino acid lysine in a move to focus on...

Report says innovation is key to food and drink industry

A new report by Leatherhead Food Research Association in Britain says that innovation in product development is crucial for today's global food and drink markets....

Singapore Food Industries declares 2001 profit

Food manufacturer and supplier Singapore Food Industries (SFI) announced a full-year profit of $14.82million (EUR17.2million) last year, a 19 per cent increase from 2000, reported...

Consolidation key to success in dairy market

UK dairy company Express Dairies Plc confirmed this week that they are in preliminary talks regarding a possible bid from the continent. It is understood...

Danisco targets private investors

Danish food ingredients company Danisco has launched a new initiative to provide targeted information to investors, via a new website integrated with Danisco's overall web-based...

Irish diet uses only 50 per cent of approved food additives

The first national report, aimed at the food industry, on the exposure of Irish consumers to food additives in their diet was published this week...

Audit set up to encourage seafood processors

Seafood processors in Scotland are being given the opportunity to improve their performance and profits through a confidential competitiveness audit, the Aberdeen Press & Journal...

Swiss franc holds back Huegli sales

Sales at Huegli Holding AG rose by 7.2 per cent to 192.7 million Swiss francs (€131.1m) in 2001, with the extent of the increase held...

Profits climb for Australian food ingredients company

Australian food ingredients producer Burns Philp & Co. said on Wednesday that fiscal first half profit climbed 16.7 per cent to A$67.8 million (€39.9m) as...

UK food manufacturers back new proposals

The UK food industry showed its total support for the farming and food policy commission report released this week in the UK. Sylvia Jay, Director...

Nestlé-USA forms agreement with Ocean Spray

The Nestle USA - Beverage Division and Ocean Spray Cranberries, Inc. announced this week that they have formed a long-term agreement which, they hope, will...

Hovis bread to float

Ranks Hovis McDougall (RHM), the UK Hovis bread and Bisto gravy foods group, is preparing for a flotation later this year that will value the...

Givaudan assembles chefs for flavour development

In a bid to increase innovation leading flavours and fragrance company, Givaudan, this week announced the launch of the Givaudan Chef's Council(TM). The Council is...

IFF reports favourable 4Q

US flavour company International Flavors & Fragrances Inc. this week reported an increase in fourth quarter 2001 earnings per share of $.30 (€0.34), increasing 100...

ADM closes cocoa processing plant

US agribusiness giant Archer Daniels Midland Company (ADM) announced on Monday that it will discontinue operations indefinitely at its Savannah, Georgia cocoa processing plant, effective...

Sainsbury's pledges 100 per cent organic British meat and dairy

UK supermarket J Sainsbury plc recently pledged to dramatically decrease the amount of imported organic food sold in the UK. In a statement one of...

Criminal charges possible for Snow Brand

Snow Brand Food Co Ltd said on Monday it expected earnings to slump following a meat-packaging scandal that has sent its shares plummeting to record...

Organic fresh fruit booming in UK

Organic fresh fruit sales in Britain rose by a third in 2001 as consumer demand for organic foods continues to grow, states market analysts Organic...

Plastic food containers market set to grow

Demand for food containers in the US is forecast to grow more than three per cent annually to $12.6 billion (€14.5bn) in 2005, reports US...

Income falls for fast food giant McDonalds

McDonald's Corp. said on Thursday that its fourth-quarter net income had fallen 40 per cent, its fifth straight quarterly decline, as the fast-food giant took...

Calls for self-regulation in fresh food sector

Italy has tightened regulation of its fresh fruit and vegetables sector to prevent a repeat of the soaring prices seen after drought and ice destroyed...

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