Almost three-quarters of U.S. manufacturers this year aim to
aggressively cut supply chain costs in a bid to boost
profitability, with over a fifth planning...
Dutch supermarket chain, Royal Ahold, announced on Tuesday a surge
in net earnings of 48 per cent to Euro 1.1 billion. Operating
results increased by...
Dublin-based IngredientsNet.com, an e-commerce platform for the
food industry, announced on Tuesday that it will offer two new
private procurement solutions...
The US Natural Dietary Supplements Market generated revenues of
$6.67 billion in 2000, a new survey reveals. The report, from
market research company...
Amid the current threat of an outbreak of Foot-and-Mouth disease in
Europe, the issues of food safety, food production and quality were
the main subjects...
Kraft Foods International announced on March 2 that it has acquired
Societe des Cafes Ennasr,a leading producer and marketer of roast
and ground coffee...
SAF(USA), a subsidiary of Paris-based Lesaffre et Compagnie, the
global yeast company, announced on Tuesday the purchase of Red Star
Yeast from Sensient...
Novozymes released its financial statement which reveals that the
operating profit for the year meets the Group's growth target for
2000 as announced...
The US giant retailer Wal-Mart believes it has weathered the worst
of the consumer cutbacks prompted by the slowdown in economic
growth in its native...
Coca-Cola and consumer products group Procter & Gamble have
formed a joint venture to develop and market innovative juice-based
drinks and snacks on a...
International Flavor & Fragrances Inc. provided yesterday an
update regarding its integration of Bush Boake Allen and the
progress of its reorganisation...
In order to continue its global expansion and deliver the rates of
return expected by its shareholders, Foster's Brewing will need
near-to-permanent access...
US drinks giant Coca-Cola Company and Carlsberg, the Danish brewer,
agreed on Wednesday to split the Coca-Cola brand market between
them. Under the terms...
Unilever, the Anglo-Dutch consumer products giant, is understood to
have received three bids of $1.4bn-$1.6bn on Monday for the US
bakery business it...
British drinks company Allied Domecq recently waived some of the
conditions on its bid for New Zealand winemaker Montana Group (NZ)
Ltd. The company said...
US snacks and soft drinks group, PepsiCo, announced on Monday
soaring earnings for the last quarter across all its businesses.
Steve Reinemund, chief...
Soya consumption on the increaseIncreasing consumer awareness of
the health benefits of soya is boosting sales of the full range of
soya products, reports...
From April 3-5, 2001 500 national and international exhibiting
companies from China and overseas will meet at the Food Ingredients
Asia (Fi Asia - China)...
Sales of soy products in the U.S. have now risen above $2.5 billion
annually, reports US organisation Foods for the Future. Purchase of
soyfoods is expectedto...
Quaker Oats, the US food and beverage group, on Thursday reported a
15 per cent rise in fourth quarter profit, excluding charges, and
said its sale to...
US Northland Cranberries Inc. anticipates a smallprofit for the
fiscal year 2001 Chairman John Swendrowski said on Tuesday.
Speaking at the shareholders...
US fruit and vegetable group, Dole Food, announced a fourth-quarter
loss that significantly exceeded Wall Street expectations, the
Financial Times reports....
In a bid to prevent an outbreak of mad cow disease in Australia a
special committee met in Melbourne on Tuesday. The Australian
National Health and Medical...
At a meeting of European agriculture ministers this week to discuss
the BSE crisis, Franz Fischler, the European Farm Commissioner,
warned that the situation...
US drinks giant, the Coca-Cola Company and Swiss group Nestle S.A.
announced on Tuesday the further development of their existing
joint venture partnership,...
Danone, the French foods group, on Tuesday reported a 5.7 per cent
rise in 2000 net profits, helped by a higher revenue from its
drinks and dairy products...
Allied Domecq, the UK wine and spirits group that includes the
Kahlua and Courvoisier brands , said onMonday that it was on track
to achieve its annual...
Leading banana producer Chiquita Brands International Inc.,
currently facing financial difficulties, has filed a lawsuit
seeking 564 million euros ($525)...
Interbrew, the Belgian brewer, on Friday effectively accepted that
it would be forced to sell Bass Brewers - but in order to limit
damage it stated that...
The World Health Organisation executive board approved a resolution
in Geneva this week urging governments to tighten their controls on
the marketing...
US fast food giant, McDonald's Corp. said on Wednesday that its
fourth-quarter net income fell 7 per cent, slightly missing Wall
Street's expectations,...
