Business

It's not just about being eco-friendly...

Unilever highlights ‘good business sense’ of sustainability

By Caroline SCOTT-THOMAS

Unilever has slashed €300m from its costs since 2008 due to sustainability initiatives, while also growing sales 26%, the company said as it unveiled a two-year progress report on its Sustainable Living Plan this week.

Asian demand for baby food was a major driver of Danone's sales increase

Danone results get Asia baby food boost

By Caroline SCOTT-THOMAS

Danone reported sales growth in the first quarter of 2013 as demand for baby food in Asia boosted profits, despite continued weakness in Europe.

Pizza has become global - but cheese making is still difficult in some areas

KMC eyes Middle Eastern promise for imitation cheese ingredients

By Caroline SCOTT-THOMAS

Starch specialist KMC says it has developed two new starches for imitation cheese to cut costs and bring hard cheese alternatives to parts of the world where dairy ingredients may be difficult to handle or source, including the Middle East and North Africa.

Barry Callebaut half year 2013 results

Lower cocoa prices dent Callebaut profits

By Oliver Nieburg

Barry Callebaut has reported a slight dip in half-year profits as lower cocoa prices meant customers were paying less for the company’s range of cocoa ingredients compared to last year.

Unilever hails one-third sustainable sourcing

Unilever hails one-third sustainable sourcing

By Caroline Scott-Thomas

Unilever has said it now sources more than a third of its agricultural raw materials sustainably, up from just 14% two years ago and 24% in 2011.

Rotten harvest: aflatoxin will wipe £7M from Tate & Lyle's full-year operating profit

Fungus to wipe £7M from Tate & Lyle’s profit

By Gary Scattergood

Tate & Lyle has posted “reassuringly dull” third-quarter figures, despite having to implement measures to tackle aflatoxin, a fungus in maize caused by the unusually hot and dry conditions in the US last summer.

EU food and drink industry production fell by 0.36%

EU food and drink production flat in Q4 2012

By Oliver Nieburg

Food and drink production in the EU remained flat in the fourth quarter of last year as some raw materials became costlier, according to data from FoodDrinkEurope.

Nestlé opens new beverage systems technlogy center in Switzerland

Nestlé opens new beverage systems technlogy center in Switzerland

By Ben BOUCKLEY

Nestlé has opened a new System Technology Center in Switzerland that brings together on one site the expertise it uses to combine products, capsules and machines such as those used in its Nespresso and Nescafé Dolce Gusto beverage systems.

CSM confirmed $1.05bn sale of bakery supplies to private equity today

BILLION DOLLAR BAKERY DIVESTMENT CONFIRMED

Eight months later: CSM sells bakery supplies for $1.05bn

By Kacey Culliney

CSM has agreed to sell its bakery supplies businesses to private equity firm Rhône Capital for $1.05bn, eight months after its announcement to reposition as a bio-based ingredients firm.

RTS unveil ingredients focused market insight database

RTS unveil ingredients focused market insight database

By Nathan Gray

A new interactive graphical database offering market insights for food and beverage ingredients will help manufacturers and suppliers identify new trends and grow their business, according to RTS.

Britain’s food and drink exports maintained their value of £12.1bn last year

Food and drink exports tough out the recession

By Mike Stones

Britain’s food and drink exports are remaining resilient during the recession – with total UK food and non-alcoholic drink exports for last year maintaining their value of £12.1bn, according to the Food and and Drink Federation (FDF).

Women are still under represented on the boards of manufacturing firms

Manufacturing firms employ more women bosses

By Mike Stones

Manufacturing businesses in the FTSE 100 have more women on their boards than other firms but more should be done to boost their numbers, according to a new report.

Nestlé and Bosch woo food processing recruits

Nestlé and Bosch woo food processing recruits

By Rod Addy

Nestlé has teamed up with Bosch Packaging Technology and trade body the Food and Drink Federation (FDF) to recruit young talent for the UK food and drink manufacturing industry.

Sun Opta moves cocoa processing for speciality ingredeints in-house

SunOpta to up cocoa processing capacity

SunOpta plans to increase its cocoa processing capacity with a new facility in Middenmeer, Netherlands as it looks to grow its organic and specialty cocoa business to serve the specialty chocolate industry.

‘If your company fails, we all fail’, says Cargill food safety exec

Dispatches from GFSI in Barcelona

‘If your company fails, we all fail’: Cargill food safety exec

By Caroline Scott-Thomas

Greater cooperation on food safety throughout the supply chain to preserve company reputations was a major theme at this year’s GFSI (Global Food Safety Initiative) conference, wrapping up in Barcelona on Friday.

Ikea cake recalled due to possible human waste contamination

Ikea cake recalled due to faecal contamination

By Joseph James Whitworth

Ikea has stopped the sale of two affected batches of chocolate and butterscotch almond cake over fears it might be  contaminated with fecal matter.

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