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Roquette acquires LG sorbitol activity

Roquette, a leader of Sorbitol and related Polyols announced this week the purchase of the sorbitol units of the Korean Group L.G. These units,...

Diageo Guinness faces strikes

Diageo PLC's Guinness brewing operation is facing strike action over plans to close down a packaging plant in Ireland, said the company. The company...

CP Kelco sues Monsanto unit

CP Kelco ApS, a newly created food-gums company, has sued Pharmacia & Upjohn Inc, alleging its Monsanto Co unit provided misinformation in order to complete...

GMO worry affects Thai sales

A severe business backlash and the loss of hundreds of million baht in revenue are quickly emerging as Thai consumers voice concern over genetically modified...

Dutch food group tastes Italian confectionery

CSM, the Dutch foods and biotechnology group, is to take over Italian confectionery maker Socalbe for 132m euros. The new acquisition will generate an annual...

French farmers wary of CAP changes

The Fédération Nationale des d'Expliotants Agricoles (FNSEA), a French agricultural trade union organisation, expressed its hostile position towards any fundamental revision of the Common Agricultural...

Amcor merger pleases the market

Shares in packaging group Amcor jumped 4.8 per cent to a 19-month high on Monday as investors showed their approval of the group's three-way merger...

Soy alliance formed

US consulting firm Arthur D. Little, Inc., and Soyatech , Inc., a publishing and market research firm specialising in soyfoods, have formed an alliance to provide...

SKW and Degussa complete merger

SKW Trostberg and Degussa-Hüls announced this week the completion of their merger to form Degussa AG. Twenty-one global business units are gathered together into six...

China number one fruit and veg producer

China has become the number one vegetable and fruit producer in the world today, producing 13.3 per cent of the fruit and 65.7 per cent...

Danone is "sacrificial lamb" in globalisation fight

The chairman of French foods group Danone decried the outcry over planned layoffs at his company, saying his firm had become a "sacrificial lamb" in...

Cocoa market to benefit from increased standards

Standards should be raised to relaunch the cocoa market, agreed the 42 member countries of the International Cocoa Organisation (ICCO ) meeting in London last week....

Milk deregulation benefits Australian consumer

Six months after the deregulation of Australia's dairy industry, milk prices have fallen by as much as 40 cents a litre with the likelihood of...

Acquisition in the French poultry industry

LDC, the French poultry specialist has just acquired 85 percent of its competitor Guillot-Cobreda and is still negotiating to buy the rest, Les Echos reports....

Soft drinks rise in Korea

Sales of soft drinks in Korea are expected to rise to 1.1 trillion won (US$ 821 million) in 2001, a 6 per cent growth from...

Japanese processor reports loss

Japanese food processor Marudai Food Co. said this week that it is likely to record a group net loss of 20.7 billion yen (US$ 165.8...

Seaweed conference to push processing

The 2nd Mindanao Seaweed Congress, to be held in the Philippines April 25-26, will aim at expanding the region's seaweed sector beyond simple production to...

Giant mill merger

A giant European mill is due to emerge in the next few days. To be called Intermill Paris, the new French and European company, will...

Billion pound profit for Tesco

UK supermarket chain Tesco is set to confirm its position as one of the UK's most profitable retailers when it unveils its results on Tuesday,...

Boycott discussed over Danone's restructuring

The Danone Group - a major player in the fresh dairy product, the biscuit and the bottled water industries - claims it needs restructuring to...

Ahold sells tea and wine activities

Dutch supermarkets group Koninklijke Ahold NV announced on Friday that it is to sell the tea and wine activities of its unit Marvelo, which manufactures...

NZ government to decide on dairy merger

The New Zealand government is likely to approve the mega-merger between the major forces in the dairy industry and give it the necessary exemption from...

Suiza goes for Dean Foods

Dairy group Suiza Foods announced on Thursday a $1.5bn bid for US Dean Foods. Dean, which had put itself on the market last month, by...

Danisco sells flexible packaging

Danish sugar, food ingredients and packaging group Danisco announced this week that is is to sell its flexible packaging unit to a new joint venture...

Danone denied funding

French dairy and biscuits Groupe Danone said it has halted construction of a global research center in Palaiseau, near Paris, after the Ile-de-France regional government...

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