All news articles for July 2017

© iStock

EU agri-food exports on the rise

By Niamh Michail

The total value of EU agri-food exports increased by 9% in May this year compared to 2016, according to trade figures from the European Commission.

Kingchick poultry is contracted to grow chickens for a major African meat processor

London investor pumps cash into African chicken farm

By Oscar Rousseau

Tanzania-based Kingchick Poultry has received a six-figure sum from a London agri-business investor as the African farm aims to scale up operations to supply local markets with low-cost chicken.

Demand for cheap pork is expected to dwarf Russian poultry sales

Russians are beginning to eat more meat

By Vladislav Vorotnikov

Russian meat consumption is set to reach 75.2kg per capita in 2017, which corresponds to the pre-crisis level of 2013 and is an increase of 2kg on 2016, according to Yuri Kovalev, chairman of the Russian Union of Pork Producers (RUPP).

Brazil's pork exports are falling, in spite of rising Russian imports

Russia buys Brazilian pork due to lack of choice

By Oscar Rousseau

Brazil pork exports are down amid political turmoil, but Russia, which has alienated the world’s biggest pig meat traders, has little choice but to buy Brazilian.

© Smuus

'We're the first product that dreams of impeaching the US president'

German start-up Smuus mixes food, politics & tongue-in-cheek marketing

By Niamh Michail

German start-up Smuus has an original concept with its fruit and vegetable smoothies for yoghurts, desserts, bread, meat and cheese. But the campaign for its peach-flavoured product, which promises to donate 10% of profits to charities fighting the policies...

Hilton Food Group has expanded the range of products it makes for online retailer Ocado

Hilton Food Group sees sterling drop benefit

By Aidan Fortune

UK-based meat packing business Hilton Food Group (Hilton) has reported solid financial growth for the year so far with currency fluctuations aiding progress.

© iStock

FDE: Act now before Commission considers maximum levels

Mandatory acrylamide action could be in place by spring 2018

By Niamh Michail

An EU vote backing the Commission's proposal to reduce acrylamide in food and drink could see mandatory mitigation action and benchmark levels in place by spring next year, with maximum levels to follow.

Atria's sizable investment in production efficiency is starting to lift profit

Acquisitions assist Atria’s profit rise

By Oscar Rousseau

Two takeovers in the past 18 months have helped Finnish meat processor Atria post what its CEO called “delightful” profit and sales growth. 

GSK plans to sell the Horlicks brand in the UK; India and South East Asia are unaffected

GSK to sell Horlicks brand in the UK

By Rachel Arthur

GSK has announced it intends to sell its Horlicks brand in the UK, and is proposing to close the associated manufacturing site in Slough. It also intends to sell its Maxi Nutrition brand in the UK. 

HKScan has already cut 160 jobs this year amid market pressure

Hard-hit HKScan posts €20m loss

By Oscar Rousseau

An earnings decline across HKScan’s biggest Scandinavian markets saw the struggling Finland-based meat processor post a €20.8m pre-tax loss in its half-year results.

© iStock/SIphotography

Lithuania moves to cap industrial trans fats

By Niamh Michail

Lithuania has drawn up a draft law that will limit the amount of industrially produced trans fatty acids (TFAs) to a maximum limit of 2 g per 100 g of total fat content.

Octofrost CEO Rasmus Larsoon said the deal puts the business closer to its customers

OctoFrost Group buys Dutch Innotec Systems

By Oscar Rousseau

A Sweden-based manufacturer of machinery tunnels used to quick-freeze bulk meat products has acquired Dutch Innotec Systems for an undisclosed sum.

OctoFrost Group acquires Innotec Systems. Picture: OctoFrost Group.

OctoFrost Group acquires Innotec Systems

By Jenny Eagle

OctoFrost Group has acquired Innotec Systems, which manufactures food processing machinery and processing lines including thermal processes for blanching, cooking and chilling.

Meat production rises in Russia as the country targets a tenfold rise in exports

Meat production in Russia keeps growing

By Vladislav Vorotnikov

Russia has increased poultry production by 5.4%, pork production by 5.7% and beef production by 1.1% between January and May 2017 compared to the same period last year, according to recent estimates from the Russian State Statistical Service (Rostat).

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