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News > June 2001

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Vitamin E can fight bone loss

According to a study presented at a meeting held by the Endocrine Society, new research indicates that Vitamin E can be a safer and much...

Request for FDA rules on trans-fat labelling

The Center for Science in the Public Interest (CSPI) is urging the US Food & Drug Administration (FDA) to quickly require that food processors include...

ADM launches new web corporate site

Archer Daniels Midland Company, the American agri-business giant, introduced a new design to the Company's website in order to provide consumers, investors and customers with...

Südzucker selling ice cream to buy sugar

Südzucker, Europe's biggest sugar group, is in talks on two deals that would see it extend its European market leadership in sugar and end an...

S.Korean companies imported banned corn

According to the Korean Food & Drug Administration (KFDA), five South Korean companies used banned Starlink corn to make edible corn starch and they should...

EU GMO labelling policy causing confusion

European industry representatives said on June 28 that food completely free of genetically modified organisms (GMOs) was almost impossible and EU draft labelling rules were...

EBRD buys stake in Danone's Russia plant

The European Bank for Reconstruction and Development (EBRD) announced on June 28 that it had bought a minority stake in Danone's factory in Russia for...

Nordsee postpones its IPO

On June 28, Europe's largest fish restaurant operator Nordsee AG postponed its already-delayed initial public offering, due to rapidly deteriorating conditions in the new issues...

Russia lifting bans on French and Irish meat

On June 28, Russia lifted its ban on imports of live cattle and meat products from France and Ireland and relaxed restrictions on the Netherlands,...

ConAgra earnings fell in 4th quarter

ConAgra Foods Inc., the large US food and agri-business group, reported on June 28 that fiscal fourth-quarter earnings fell 38 per cent, meeting the high...

Japan on path to deregulating vegetable standards

Japan's deregulating efforts might pay off for the tight and restricted vegetable market. The Japanese Ministry of Agriculture, Fisheries and Forestry (MAFF) is considering removing...

Dairy Farm undecided to sell yet

Hong Kong-based Dairy Farm International Holdings announced on June 28 that it would await the possible shakeout from a High Court of New Zealand ruling...

Mexico and US may negotiate on HFCS dispute

On June 27, Mexico said it hopes to resolve a corn sweetener dispute with the United States through negotiation and not by appealing a ruling...

Formulations with higher isoflavanoid content

A new preparation process of isoflavanoid formulations was recently patented by the US Patent & Trade Office. The preparation consists of first providing a mixture...

Tyson and IBP agree on $2.7bn acquisition

On June 27, the American poultry giant Tyson Foods Inc. claimed it agreed to acquire beef and pork producer IBP Inc. and form the largest...

Thailand working on GM labelling policy

Soybeans, corn, potatoes and related products are considered "high-risk" goods and will be targeted when mandatory labelling of genetically modified organisms (GMOs), expected by the...

Azucarera Ebro investigated regarding sugar quotas

Spanish anti-corruption prosecutors have asked the High Court to investigate sugar company Azucarera Ebro Agricola for suspected violation of European Union sugar quotas. Last year,...

Dean Foods warns about 4th quarter earnings

Dean Foods Co., the second-largest American dairy group, announced on June 27 that its fiscal fourth-quarter earnings fell 30.5 per cent as lower sales and...

Sugarcane to improve taste of flavoured foods and beverages

The American company creating flavours and fragrances International Flavors and Fragrances (IFF) has been granted a patent for sugarcane leaf essence that can improve the...

General Mills announces 4th quarter results

General Mills Inc., the largest American cereal maker, announced on June 27 that it expects double-digit growth in fiscal 2002 earnings per share, consistent with...

New e-business for Givaudan

Leading flavour and fragrance company, Givaudan announced at IFT's Annual Meeting in New Orleans, that it is launching an online business initiative called GivaudanAccess. This...

Unilever selling edible oil refineries

On June 27, Unilever, the Anglo-Dutch consumer products group announced that its Unilever Bestfoods Europe unit intends to sell two edible oil refineries in the...

Consumers more aware of GM products

Americans are more aware of genetically modified food than they were six months ago, but confidence in the ability of government regulators to manage these...

Kroger meets earnings expectations

On June 26, Kroger, one of the largest grocery retailers, reaffirmed its outlook for 16 to 18 per cent earnings growth this year, despite the...

Focus to benefit from profitable niche markets

According to Promar International, a food research and consulting firm, major food and beverage players should balance the battle for market share with more focused...

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