While the proposed merger of Northern Foods and Greencore will inevitably mean job losses at both companies, it is unlikely to result in scores of factory closures, City analysts have predicted.
Germany eyes processing and packaging investment in India
Germany could be the latest nation to invest in the Indian food processing and packaging industries after ministers from the nations met this week.
Emmi to further its foothold in Europe through Onken acquisition
Emmi is to gain the brand rights to Onken yoghurt as part of its wider plan to further its sales growth in the UK and Germany.
Galam to collaboration with Czech liquid sweetener player
Galam Group has signed an agreement with Czech company VUC Services to develop new liquid sweetener blends, as part of its strategy to spread its reach into new European markets.
Kerry acquires Agilex as flavours business booms
“Strong organic growth” has led Kerry Ingredients to acquire US ingredients firm Agilex, as its flavours and ingredients business grew 6 per cent relative to the first nine months of 2009.
Survey highlights quality demand of European bread buyers
The three top reasons for buying a particular bread brand are consistent quality, health, and value for money, according to a Novozymes consumer survey which investigated the habits of 3794 consumers in the UK, France, German and Sweden.
Hochdorf moves wheat germ production to HQ
The Hochdorf Group has relocated its wheat germ processing from Steinhausen to Hochdorf after space was created at its headquarters by the termination of certain packaging activities last year.
Research versus marketing: The battle for investment
SPECIAL EDITION: R&D
Investment in research and development, including new product development, is a key growth strategy in the food industry, but how does the current investment in research compare to investments in advertising current products.
Nutrition helps DSM to strong third-quarter results
Strong performance in DSM’s nutrition segment helped the company achieve third-quarter operating profit of €185m; up 28 per cent on the €144m reported in the same quarter of last year.
CSM warns on raw material costs as it posts 3rd quarter gains
Dutch bakery ingredients supplier CSM posted an increase of sales of €149.2m for the third quarter, but notes a substantial hike in commodity costs and reports that it has taken some steps to offset this through higher prices.
GLG signs stevia distribution deal with ChemPoint for Europe and US
GLG Life Tech has signed a deal with e-distributor ChemPoint for the marketing, sale and distribution of its stevia extracts – and take up of stevia in Europe is expected to be swift post approval due to transfer of know-how from the US.
FrieslandCampina lets go of major facility in organisational shake-up
FrieslandCampina has sold its yoghurt and dessert making facilities in Elsterwerda, Germany, as the company puts into action restructuring plans that will result in 942 job losses.
Univar explains ingredients with sample boxes
Ingredients distributor Univar has launched a new procedure for explaining to customers and potential customers the tastes, textures and colours they can achieve, by sending them boxes of sample product concepts.
Jungbunzlauer hikes citric acid, xanthan gum prices
Concern around stock levels of commodities such as sugar, wheat and corn, is claimed by ingredients group Jungbunzlauer as the rationale behind its 10 per cent hike in the price of its xanthan gum, erythritol and citric acid products.
Cargill says stevia demand is driving erythritol sales
Stevia sales are raising independent consumer demand for bulk sweetener erythritol, according to ingredients leader Cargill.
Beverages lead way as Firmenich reports double-digit growth in flavour sales
Flavour and fragrance manufacturer Firmenich has announced a 12.1 per cent sales increase for 2010 after recording double-digit growth in both flavours and perfumery
FrieslandCampina to open new R&D centre in H2 2012
Dutch dairy co-operative Royal FrieslandCampina is building a new €16m research and development (R&D) centre to target innovation in consumer products and ingredients.
Snack flavours deliver double digit gains for Givaudan
The snack and sweet goods category delivered double digit gains for flavour and fragrance house, Givaudan, which recorded overall sales of CHF 3,283m in the first nine months of 2010.
Speciality enzyme firm Biocatalysts plans to increase turnover by £6m in five years
UK biotechnology firm Biocatalysts has announced that it aims to increase turnover by up to £6m and create 25 new jobs under a five year development plan.
Lack of obvious candidates drying up confectionery mergers, analyst
Convergence in the confectionery market has slowed since the acquisition of UK confectionery group Cadbury by Kraft Foods in February this year, according to a market analyst.
Kraft opens Swiss R&D centre to ensure gum has regional flavour
Kraft said its new innovation centre in Switzerland, inaugurated today, will ensure innovations in chewing gum and sugar confectionery have regional appeal.
BASF sets up HQ for nutrition and health division
BASF is to shift 150 employees to the new HQ of its nutrition and health division in Lampertheim, Germany from 2011.
Sucralose sales up as Tate & Lyle’s speciality ingredients show ‘solid demand’
Sales of Tate & Lyle’s speciality food ingredients were solid in H1 of 2010, claimed the firm in its half-year trading update, where sales of speciality sweeteners such as sucralose “remained steady”.
Galam increases fructose prices
Israeli ingredients firm Galam is increasing prices for its crystalline fructose product on the back of rising raw material and energy costs.
Wisdom Natural Brands opens new stevia processing facility
Stevia-based ingredient producer Wisdom Natural Brands is opening a new plant processing facility in Chile that it says will increase its output fivefold.
DSM to sell final citric acid business to Adcuram
DSM is exiting the citric acid market with an agreement to sell Citrique Belge, its last remaining operation, to Adcuram.
ADM Cocoa’s expansion reflects Eastern European sales focus
ADM (Archer Daniels Midland) Cocoa has appointed new managers to reflect its expansion and Eastern European sales focus, while an announcement on new European research centres is imminent.
Positive first quarter results see Danisco’s sweeteners division recover
Food ingredients company Danisco has reported “solid” growth during Q1 of 2010, with the continued recovery of its sweeteners division particularly notable.
European Commission adopts draft food trade deal with Morocco
The European Commission has adopted a draft trade agreement for the agri-food and fisheries sectors with Morocco that would open up new export opportunities for the EU food sector, especially for processed agricultural products.
Mintel urges pie rethink to keep sales strong
Manufacturers of pies and pasties in the UK may need to find ways to make the products healthier if sales growth is to be sustained once purse strings loosen, according to Mintel.
Unilever says palm oil deal edges it closer to 2015 pledge
Unilever said its deal with leading supplier, Unimills, for segregated certified sustainable palm oil represents a small start for the Dutch food and personal care group but takes the company in the right direction in terms of its 2015 total palm oil...
Three workers killed at DSM plant in Italy
DSM has confirmed that three workers were killed at the weekend after an industrial accident at its food and pharmaceutical ingredient plant in southern Italy.
Ohly opens yeast extract plant in China
Ohly has officially opened a new yeast extract plant in Harbin, China, giving it an Asian production arm to complement existing plants in the US and Europe.
The Genius gluten-free fresh bakery brand is now worth more than £10m at retail level, just 15 months after launch, making it one of the most successful launches in the free-from market over the last decade.
New R&D centre for Spanish food company Grupo Siro
Leading Spanish food company Grupo Siro has opened a €6m research and development facility in El Espinar, northern Spain to develop a range of new products including ones suitable for consumers who are intolerant to gluten and for children.
Deal sees Barry Callebaut double existing business with Kraft
Industrial chocolate supplier Barry Callebaut has secured a key, long-term supply contract with Kraft Foods, which will see the Swiss firm invest €51m to expand production capacity in North America, the Ivory Coast, Malaysia and Europe.
SternEnzym and Lallemand team up for distillery ingredients
German ingredient firm SterEnzym has joined forces with a Lallemand group to create a new range of enzyme and yeast combinations targeting sprit manufacturers in the eastern bloc.
Report ranks food ingredient leaders by revenue
Cargill, Südzucker and Tate & Lyle are ranked as the three leading global food ingredient companies, according to a listing based on annual turnover.
Kerry plans expansion in emerging markets
Kerry Group’s strong interim performance has prompted the Irish ingredients and finished product firm to raise its earnings forecast, with more investment planned in emerging regions.
Givaudan to move savoury flavour production to Hungary
Givaudan plans to streamline its savoury flavour manufacturing production in Europe, with a new plant in Hungary designed to take over most of its current production from the UK and Switzerland.
Nestle Nutrition boss resigns
Nestle Nutrition has a new interim VP at the helm, as Richard Laube has left today to pursue new personal opportunities outside the company.
Glanbia raises outlook as nutrition drives recovery
Glanbia has reported a significant recovery in turnover and profits for the first six months of 2010, driven largely by the strong performance of its nutrition and ingredient businesses.
Lactalis gets EU backing in Puleva buy out
Lactalis has secured regulatory approval from the EU to buy Puleva Foods - the dairy arm of Spanish food giant Ebo Puvela.
Danisco appoints new Enablers president
Danisco has appointed a new president to its Enablers division, who is said to bring “broad experience from running sizeable global businesses”.
Olam to build cocoa processing plant in Ivory Coast
Olam International is planning to invest $43.5m to build its first, large greenfield cocoa processing plant in the Ivory Coast as well as additional primary processing and warehouse facilities.
Cognis gains new green certification
Cognis has been recognised for its commitment to sustainable development by Sustainability A to Z, which has certified its ‘Green Carrier Management Tool’.
Sustainability and innovation are key to Danisco’s future, AGM
Cost reduction and streamlining efforts at Danisco have pushed the firm ahead of budget, prompting a re-assessment of targets while the firm also places a renewed focus on sustainability.
FTC gives go-ahead to Corn Products-National Starch deal
Corn Products International has said the Federal Trade Commission (FTC) has given initial approval of its $1.3bn acquisition of National Starch, with the deal expected to be finalized by early October.
Natural ingredients and flavours propel Q2 growth for Frutarom
Frutarom’s double-digit growth in Q2 is due to accelerated growth in specialty fine ingredients and excellent flavours sales, says the firm, which has a rapid growth strategy in place.
AAK spies ongoing growth in cocoa butter alternatives
Specialist fat supplier reports strong growth in cocoa butter alternatives, sustaining an increase in operating profits in spite of growing market uncertainty.