Lithuania's top court ruled on Thursday that a government move
clearing the way in 1998 for Danish sugar group Danisco to buy
stakes in local producers was unconstitutional due to technical
reasons.
UK sweets and soft drinks group Cadbury Schweppes on Wednesday
shrugged off weakness in the U.S. beverages market to say it was
confident of meeting its earnings target this year.
Montedison food subsidiary Cereol said on Wednesday it planned to
focus its strategy on oilseeds and suggested it could sell its
Carapelli olive oil unit.
A major concern of food processors is the inadvertent cross-contact
of food products, with allergenic residues, such as eggs.
Scientists in Nebraska may have the answer.
Agribusiness processing giant Archer Daniels Midland Co.'s
prospects have brightened as the outlook for its mainstay soybean
products and high-fructose corn syrup improves amid favourable
commodity trends, analysts said.
Japan's Prima Meat Packers Ltd said on Tuesday it would slash its
workforce by about 30 per cent by March 2005 to help it weather
damage from price falls and the outbreak of mad cow disease in
Japan.
One out of every three loaves of bread produced around the globe by
a commercial bakery contains emulsifiers from Danisco, the company
claims this week. An increasing demand for emulsifiers worldwide
are helping the statistics.
People in Parma love food and many live by producing it so they see
every reason why their city should be picked to host the European
Food Safety Agency.
The outlook for the dairy market is concerning, although payouts
would hold at forecast levels in the short-term, New Zealand dairy
processor Fonterra Cooperative Group said on Wednesday.
Flavour company Quest International continues to develop products
for the ice-cream and the dairy industry. The company announced
this week a new ingredients range, Sherex, with improved taste and
texture characteristics.
A European Union ban on meat-based livestock feed, imposed over
fears of mad cow disease, could in future be relaxed for certain
types of animals, E.U. officials said on Monday.
Brazilian beverage leader AmBev, the world's fourth-largest brewer,
said on Monday it would issue $500 million (568 million euros) in
bonds to pay off short-term debt and make other investments.
Cuban President Fidel Castro's government was expected to buy more
U.S. food products this week, as executives of major poultry
producers headed to Havana, a group that tracks U.S.-Cuba trade
relations said on Monday.
An industrial chemical found in antifreeze, de-icing fluids, and
liquid detergents could soon stand alongside animal feeds,
sweeteners and cooking oil.
Spanish food group Sos Cuetara said on Wednesday it would consider
a merger with Koipe after it completes its 414.7 million-euro
($364.7 million) takeover of the edible oils company.
Food policy and agriculture in Europe are intimately tied, so Dr.
Franz Fischler, Member of the European Commission responsible for
Agriculture, Rural Development and Fisheries European Agriculture
stressed this week at a conference...
T-bone steak came a step closer to reappearing on European menus on
Tuesday after senior European Union officials said the removal of
cattle vertebrae from food stocks provided little extra protection
against the human form of "mad...
Finland's agriculture minister said on Wednesday he was confident
his country would beat off a challenge from Barcelona to become the
base for the European Union's new food agency.
Muller yoghurt and Flora margarine enjoyed the biggest gains in
Britain's top 20 grocery brand rankings while two Proctor &
Gamble products were among the big loosers, market researcher
ACNielsen said on Wednesday.
US flavour group Technology Flavors and Fragrances, Inc. has
entered into a letter of intent to merge with another flavour and
fragrance company Belmay Holding Corp., the two companies announced
on Wednesday.
When Americans get queasy about the economy, they reach for comfort
food like chocolate and ketchup and don comfort clothes like Levi's
jeans, research from the University of Michigan showed on Monday.
Due to a lack of raw materials to supply food manufacturers at
home, Japanese food producers are showing an interest in their Thai
counterparts, claims a report this week in the Thai publication,
Business Day.
U.S. antitrust authorities could give the green light to an
Anglo-French bid for Seagram's drinks portfolio as soon as today,
an industry source said on Monday.
Research into the commercial use of genetically-modified potato
starch has been agreed in Germany by Aventis CropScience in a joint
venture with Dutch cooperative AVEBE
French drink and food company Groupe Danone has shown
disappointment that the independent directors of takeover target
Frucor Beverages have rejected its bid.
The Australia New Zealand Food Authority, after consultation with
State and Territory health authorities, has recommended a
nation-wide recall of mini-cup jelly lollies, containing the food
additive konjac.
Danish ingredients company Danisco is accelerating the development
of starter cultures to the dairy industry and other food industry
customers with the opening of a new pilot plant in Niebüll in
Germany.
Whey derivative producer Borculo Domo Ingredient introduced a new
range of brandnames at the Food Ingredients Europe 2001 exhibition
in London last week.
Flavour company Quest International introduced globally its new
range of 25 High Impact Taste (HIT) flavours Ingredients or `Hifi
aromatics' for short.
Dutch food group Numico NV Wednesday suffered a 10 per cent fall in
underlying profit in the third quarter on the back of weaker U.S.
vitamin sales and warned that full year cash earnings would be
flat.
Singapore-listed Chinese firms United Food Holdings Ltd UTDF.SI and People's Food Holdings Ltd PPFH.SI said on Thursday their pork products were not...
Food manufacturer and distributor International Multifoods Corp. IMC.N on Thursday said it expects to complete its $316 million purchase of specialty...
Europe's attempts to solve a transatlantic row over genetically
modified organisms (GMOs) by tough food labelling rules have yet to
bear fruit, leaving the 15-nation bloc vulnerable to legal
challenge, officials say.
