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Tesco employees to share the cake

Up to a third of staff at British supermarket chain Tesco are set to share in a GBP38 million pound bonus payout, UK newspaper The...

Soybean export market

Based upon the response from hundreds of participants visiting the Ohio Soybean Council (OSC) booth at the U. S. Food Export Show, held early May...

Food companies moving away from GMO

Genetically modified food may be slowly disappearing from New Zealand supermarket shelves, as more and more food manufacturers shun the technology, reports the New Zealand...

New ingredients for infant formulas reviewed by FDA

According to Martek Biosciences Corporation, the American provider of health nutrients derived from micro-algae, the Food and Drug Administration (FDA) has completed its review of...

Lion Nathan to purchase more of Montana

Lion Nathan, the Australasian brewer faced little opposition from the UK's Allied Domecq on May 17th, when it purchased a further 9.5 per cent in...

2nd quarter results for Advanced Nutraceuticals

The American nutraceuticals producer Advanced Nutraceuticals, Inc. announced on May 16th its financial results for the second quarter and the six months ended March 31,...

Pernod Ricard clear to purchase Polish vodka

The French beverage group Pernod Ricard will acquire Polmos Poznan, the producer of Wyborowa, Poland's best-known vodka brand, reports the Financial Times. Agros Holding...

Tesco to expand in South Korea

On may 14th, Tesco, the British retail group announced it would invest US$3.2 bn in its South Korean venture over the next four years. Terry...

Nutraceutix Inc. & Sinphar Co. to develop products for Asia

Nutraceutix, Inc., an American company providing patented products for the nutraceutical and pharmaceutical industries, has announced the signing of a memorandum of understanding with Sinphar...

Union SDA bought two Brazilian sugar refineries

The French coop group Union SDA acquired two sugar refineries/distilleries Univalem and Gasa , located in the northwest part of Brazil. These acquisitions were made...

ADM Co. receives award

The Archer Daniels Midland Co., the American agricultural processing and nutraceuticals company, received the prestigious "Most Improved Investor Relations" award for mid cap companies at...

Coca-Cola acquired Mad River Traders

Coca-Cola, the American beverage company, announced on Friday it had bought Mad River Traders, a maker of tea, juice and soft drinks, based in Connecticut,...

NBTY to acquire NatureSmart

NBTY, Inc., an American manufacturer and marketer of vitamins and nutritional supplements recently announced that it has entered into a contract to purchase NatureSmart from...

Danone factory in Hungary resists closure

After a call for a nationwide boycott of its products, French food company Danone has decided to resume production at itsbiscuit factory in the western...

Japanese snack firm invests in Australia

Japanese snack food company Terra Harvest Foods is to build a $10 million plant in Melbourne, Australia creating 220 new jobs in the food manufacturing...

Nestlé sells stake in German water

Nestlé Deutschland AG and Blaue Quellen Mineral- undHeilbrunnen AG announced on Thursday the sale of their 42 per cent stake in the Mineralbrunnen überkingen-Teinach AG...

Restructuring at Unilever to shut down 100 plants

The Anglo-Dutch consumer goods company Unilever confirmed at its annual general meeting on May 9 that it would close a total of 100 sites as...

Pre-packed food drives plastic packaging growth

The replacement of traditional materials, improvements in polymer properties and processing equipment, and growth in the pre-packed food market are the main factors driving the...

42.4 percent Q1 final result increase for Eridania Béghin-Say

The French-Italian food group Eridania Beghin-Say reported a 42.4 per cent increase in its final result to Euros 8.4m for the first quarter 2001, Les...

US food manufacturers demand tighter GMO testing

Food manufacturers, reacting to recalls of biotech corn products, say the U.S. government should not approve any more genetically modified crops unless there is a...

DuPont buys into French packaging pouches

The packaging subsidiary of DuPont Canada Inc. (DUPA ) said on Friday it is buying Prepac of France to expand into the fast-growth market of packaging...

Vietnam launches into cocoa market

As with coffee and pepper, Vietnam may soon have a major stake in the cocoa market, Reuters reports. In recent years the country has already...

EC clears Diageo-Pernod deal

Diageo - the British premium drinks company - and Pernod Ricard - the French drinks group - overcame the first regulatory hurdle in their £5.6bn...

Roche's CFO dismissed

The crisis at Roche, the Swiss pharmaceutical giant, deepened on Tuesday when the group unexpectedly dismissed its chief financial officer, reports the Financial Times. ...

Cadbury in talks with La Casera

Cadbury Schweppes, the British confectionery and soft drinks group, is in talks on forming an alliance with La Casera, the Spanish soda water producer, reported...

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