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Private solutions for e-commerce members

Dublin-based IngredientsNet.com, an e-commerce platform for the food industry, announced on Tuesday that it will offer two new private procurement solutions - ProcureSelect™ and ProcureWare™....

EU bans livestock markets

The European Union has banned livestock markets fortwo weeks to try to contain an outbreak of foot-and-mouth disease, the BBC reports. The EU's veterinary panel...

US sales soar for natural dietary supplements

The US Natural Dietary Supplements Market generated revenues of $6.67 billion in 2000, a new survey reveals. The report, from market research company Frost &...

Food Safety top of list at EU Round Table

Amid the current threat of an outbreak of Foot-and-Mouth disease in Europe, the issues of food safety, food production and quality were the main subjects...

Kraft buys African coffee

Kraft Foods International announced on March 2 that it has acquired Societe des Cafes Ennasr,a leading producer and marketer of roast and ground coffee in...

US and New Zealand seek sanctions over Canadian milk exports

The United States and New Zealand asked the World Trade Organization on Thursday last week forformal permission to impose trade sanctions on Canada over milk...

Ahold loses its sweet tooth

Dutch supermarkets group Koninklijke Ahold NV said on Friday it had sold its Jamin confectionery stores to EuroDelight for an undisclosed amount. "Given Ahold's ...

Heinz buys soups and dressings

H. J. Heinz Co. last week announced that it has acquired two food service companies, Cornucopia Inc. and Central Commissary Inc. Terms were not disclosed. ...

Competition Commission looks into BASF/Takeda merger

The UK Competition Commission has sent an issues and remedies letter to chemical giant BASF AG in its inquiry into the acquisition by BASF of...

Britvic joint owners agree to sell

British food and leisure companies ,Bass andWhitbread have agreed to sell Britvic, their jointly-owned soft drink producer and the UK distributor of Pepsi. The...

Heineken reports 20 per cent profit increase

Higher sales and better prices helped Dutch brewer Heineken NV beat market expectations on Thursday, to report a 20 per cent rise in profits for...

Snacks maintain strong growth

Junk food sales across the globe have gained strength according to a new report from market research company Euromonitor. . The British consumer tops the...

Danisco launches enzyme range for breads

Denmark-based Danisco Cultor, a leading producer of functional ingredients, recently announced the launch of their POWERBAKE range (GRINDAMYL™) for the bakery industry. The range...

Sara Lee pushes ahead with restructuring program

US consumer products giant Sara Lee Corporation. , announced this week that it it to sell its Australia-based apparel operations to Pacific Dunlop for $31.5 million....

ADM and Kao in edible oil alliance

Global food processor Archer Daniels Midland Company (ADM) and Kao Corporation of Japan are to form a 50/50 joint venture for the manufacturing, marketing and...

Lesaffre subsidiary buys Red Yeast

SAF(USA), a subsidiary of Paris-based Lesaffre et Compagnie, the global yeast company, announced on Tuesday the purchase of Red Star Yeast from Sensient Technologies Corporation ,...

Food companies look to E-commerce

Food and drink companies will pump millions of pounds into e-commerce, this is the finding of a recent survey by the UK newspaper Financial Times. The...

Kerry set to deliver growth targets

Irish food ingredients group Kerry Plc reported on Tuesday a 16.1 per cent increase in annual profits. Pre-tax profits rose to 173.2 million euros ($157.7...

ADM signs phytosterol technology agreement

Archer Daniels Midland Company , a leading ingredients company, last week signed a license agreement with US biotechnology company Lifeline Technologies for phytosterol technology. The proprietary...

Imperial sugar to sell nutritional products business

The Imperial Sugar Company last week announced that it is to sell its Diamond Crystal Brands nutritional products business to US Hormel Foods Corporation for...

Penton Media acquires nutrition journal

US group Penton Media, Inc. announced last week that it has acquired the assets of San Diego, CA -based Nutrition Business International, LLC, publisher ofNutrition...

Roche vitamins merge in China

Three Roche vitamin producers have merged in Shanghai. Roche Taishan (Shanghai) Vitamin Preparation Co Ltd, Roche Xinya (Shanghai) Vitamin Co Ltd and Roche Sanwei (Shanghai)...

Kraft sues Schwan over frozen pizza business

Kraft Foods Inc. has gone to court in its battle for market share in the frozen pizza business, accusing Schwan's Sales Enterprises of stealing trade...

Nestlé annual profit up by 22%

Nestlé SA , the world's largest food company, announced that the full-year profit rose by 22 %, with net income rising to 5.76 billion Swiss francs...

Novozymes issues positive 2000 financial statement

Novozymes released its financial statement which reveals that the operating profit for the year meets the Group's growth target for 2000 as announced in connection...

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