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Avebe announces financial results

Starch processor Avebe of The Netherlands, ended the financial year 2000/01 with a positive consolidated result from ordinary business operations of 20.1 million euros. This...

Soy milk grows in popularity as sales reached record amount

Rising soy milk consumption is "not surprising," the Washington Post has reported, because "studies have shown that soy may have a positive effect on everything...

Tyson shares rally after raised outlook

Shares of Tyson Foods Inc. rose 8 percent to their highest level in half a year Friday, after the company said fiscal first-quarter earnings would...

ADM to release second quarter results on Jan. 23, 2002

Archer Daniels Midland Company will release financial results for its second quarter before the market opens on Wednesday, January 23, 2002. The Company will host...

Secretary of Agriculture Ann Veneman speech in Oxford, England

US Secretary of Agriculture Ann M. Veneman held a speech in Oxford, England on Jan 3, 2002. This speech concentrates on the latest developments in...

Kraft acquires Stollwerck AG

Kraft Foods Inc., a global leader in branded foods and beverages, announced that Kraft Foods International has completed its acquisitions of the Russian and Polish...

Danisco expands antioxidant production to the US

To satisfy growing demand, both internationally and in the United States, the production of Danisco antioxidants recently began in St. Louis, Missouri. Products manufactured at...

Manila set to approve Kirin stake in San Miguel

The Philippine government is close to approving Kirin Brewery's planned investment in San Miguel after assurances that the deal would not weaken the country's equity...

Food & beverage spending mixed for 2002

According to the recently released 2002 Industrial Outlook ( http://www.industrialinfo.com/indoutlook.htm ), food & beverage companies will continue restructuring to find growth in 2002. Merger, acquisition...

Tyson CEO gets $2.1 million bonus

Tyson Foods Inc. awarded its chief executive officer a $2.1 million bonus for the latest fiscal year, despite company troubles over the purchase of meatpacker...

Unilever to cut number of brands to 400 by 2004

Unilever PLC/NV plans to cut the number of its brands to 400 by the end of 2004, said chairman of the Dutch arm Antony Burgmans,...

Constellation Brands lifts 3rd-quarter profit

Beer, wine and spirits maker Constellation Brands Inc. on Wednesday said net income rose 42 percent to beat Wall Street projections by a penny in...

Cargill sells Thai raw sugar to Russia

Cargill has sold 55,000 tonnes of Thai raw sugar to Russia, the world's top sugar importer, for January shipment at undisclosed prices, trade sources told...

RFM says it completed Cosmos soft drink sale

Philippine conglomerate RFM Corporation on Thursday completed the sale of soft drink unit Cosmos Bottling Corp to a San Miguel Corp joint venture through a...

ImClone shares plunge, FDA delays drug Ok

Shares of ImClone Systems Inc. fell nearly 16 percent on Monday after regulators said they would not accept the biotechnology company's application to sell its...

Burger King to create 1,250 jobs in the UK

Fast food chain Burger King announced yesterday it was to create 1,250 jobs next year. Burger King, owned by drinks giant Diageo, will generate the...

ConAgra to concentrate on packaged food segment

ConAgra Foods' recent move to separate financial results of its branded foods from agricultural businesses might be more than a bookkeeping shuffle, and could prepare...

Danone revives local plan, cuts capital outlay

French dairy giant Group Danone is reviving its plans for India. It has now proposed to convert its proposed 80 per cent subsidiary into...

Russian dairy company set to milk offering

Russia's leading dairy products and fruit juices company is set to launch an initial public offering on the New York Stock Exchange in the next...

Nestlé sweetens ice-cream position

Nestlé sweetened its position as one of the world's largest ice-cream makers on Thursday by agreeing to pay General Mills $641m for the 50 per...

Danish organic exports on the up

Well-known Danish manufacturers of organic products are set to increase exports of organic products to the British market. The new export initiative will be supported...

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