Increasing competition on the xanthan gum market leads Danish
ingredients firm Danisco to cut jobs at the recently acquired
Rhodia Food activities in France.
High energy costs bite into margins for the number one pectin
player CP Kelco with the company passing the prices onto the
market, announcing increases for a range of hydrocolloids in its
portfolio.
Gellan CP Kelco, bought by JM Huber last month, has launched
Kelcogel HM-B gellan gum, a hydrocolloid system designed to provide
suspension of cocoa and minerals in ready-to-drink dairy based
beverages, writes Philippa Nuttall.
CP Kelco, bought by JM Huber last month, has launched Kelogel HM-B
gellan gum, a hydrocolloid system designed to provide suspension of
cocoa and minerals in ready-to-drink dairy based beverages.
Philadelphia based FMC BioPolymer the number one supplier of
food-grade carrageenan will raise prices for this gum by up to 8
percent as raw material costs cut into margins, suggesting that
cheaper alternatives, such as the semi-refined...
Clearing up any confusion over food labels, US food authorities
have given the green light for food ingredients firms to use
ethanol in precipitating food grade xanthan gum and to still allow
the ingredient to keep the 'xanthan'...
Philadelphia-based FMC BioPolymer, the number one supplier of
food-grade carrageenan, will raise prices for this gum by up to 8
per cent as raw material costs cut into margins, suggesting that
cheaper alternatives, such as the semi-refined...
Clearing up any confusion over food labels, US food authorities
have given the green light for food ingredients firms to use
ethanol in precipitating food grade xanthan gum and to still allow
the ingredient to keep the 'xanthan'...
Corn Products International has announced improved sales and
improved earning for the first nine months of 2004, though as the
company had previously forecast, the second half of the year is
proving more challenging.
Greater market penetration is expected for Avebe starch products as
Fiske Food Denmark, a distributor of food and beverage ingredients,
links up with the potato starch firm to distribute products from
the Dutch farming co-operative.
Despite acknowledging last week that considerable investments in
R&D and production facilities, designed to support the low carb
surge, would impact sales in the first quarter of 2005, wheat
protein and starch supplier MGP Ingredients,...
Risk assessment and market predictions translate into new pectin
opportunities for Danisco that will break ground on a new pectin
plant in Brazil, to be up and running by 2007, reports Lindsey
Partos.
Ending months of speculation, the flavours and texturants units at
Degussa, Germany's third largest chemicals group, are up for sale
as the firm looks at selling the food ingredients arm or finding a
partner for its business.
Number two pectin player Danisco rolls out a line extension for new
gains from its Grinsted pectin range that targets food and beverage
makers looking to spear the growing sports nutrition and functional
food markets, reports Lindsey...
Spearing the growing convenience sector starch specialities firm
Cerestar improves the functionality of its C*PulpTex brand, aiming
to slice away costs for food makers working in the pre-prepared
foods sector.
The recent bolt on acquisition of Rhodia Food Ingredients lifted
sales for Danisco in an otherwise challenging first quarter for
2004/2005 but efforts to improve margins appear to be paying off,
writes Lindsey Partos.
Continued consolidation in the hydrocolloid industry seems imminent
as leading pectin supplier Citrico International goes into
liquidation, but the firm's German-based production plant Citrico
GmbH is not up for sale, reports...
The United States International Trade Commission (ITC) has decided
to pursue its investigation into alleged dumping of the
hydrocolloid ingredient purified carboxymethylcellulose (CMC) after
an initial complaint by Aqualan, a division...
With the market for certified organic products continuing to grow,
demand for organic hydrocolloids has also expanded - prompting the
leading supplier of hydrocolloids to the US food industry to launch
an organic version of its guar...
Europe's food safety body has concluded that jelly mini-cups made
with a range of food additives derived from seaweed and certain
gums, from xanthan gum to calcium alginate, could constitute a
choking risk, reports Lindsey Partos.
The complex issue of carbohydrate labelling fired up by the
low-carb trend will move up a gear next month when the FDA is
expected to release proposed rules on how information about
carbohydrates should appear on the nutrition facts...
Faced with capacity problems due to growing business over recent
years Danish emulsifier supplier Palsgaard has poured €10 million
into expanding its emulsifier facilities in Denmark.
Despite a squeeze on ingredients prices and global volatility in
key commodities, adept risk management tools help agri-giant
Cargill deliver a strong performance for the year, with sales in
the last quarter rising by a considerable...
As growth in the premium bottled beer sector gallops ahead overall
beer consumption in Europe brewers are driving innovation in the
ingredients sector, encouraging firms to come up with novel
solutions to tackle the market. Starch...
Building on a stronger start to the year, Germany's third largest
chemicals group reports continued growth into the second quarter
with an increase in demand pushing up sales and earnings for the
period but the firm warned that...
Starch and starch derivatives supplier Cerestar has designed a new
maltitol syrup application targetted at European dairy makers
looking to cut the calories in their health-positioned product
range, notably fruit yoghurts.
US ingredients giant ADM saw double-digit sales growth for the year
but overall profits were dragged down by a recent payout of
millions of dollars to leading food and beverage manufacturers to
settle a lawsuit linked to the popular...
The competitive world of xanthan gum saw a new player enter the
already crowded market this week when US chemicals firm Huber
announced it would buy the world's number one xanthan gum supplier
CP Kelco. Huber steps into the leading...
Faced with rising costs for starch ingredients sourced from
stock-squeezed wheat and corn the global food industry is on the
look out for better value alternatives. A recent report on the
modified starch market suggests that the tropical...
As food makers continue to roll out new low carb food products to
meet the rise in demand from consumers, starch supplier MGP
Ingredients has agreed to link up with agri-giant Cargill to push a
new resistant starch product aimed at...
Danish firm Palsgaard has ramped up production of its food
emulsifiers for chocolate makers as demand has risen on the back of
global approval and a growing interest from the chocolate industry
to cut costs, writes Lindsey Partos.
Joining the growing ranks of ingredients companies taking root in
China to defend their market position, US starch and sweeteners
firm Corn Products International has linked up with Shandong Juneng
Electric Power Group Golden Corn...
Food processors looking to boost sales in reduced-fat fried foods
are currently in the sight of hydrocolloid supplier CP Kelco that
has adapted an existing oil barrier coating technology.
Eager to protect a burgeoning market in value-added ingredients
wheat protein supplier MGP Ingredients has filed a case against
rival ingredients supplier Manildra Milling corporation.
The less than sparkling, but stable, full year results for Danish
ingredients giant Danisco mirror the current state of play for
ingredients companies in today's market marked by squeezed margins,
higher raw material prices and...
Leading ingredients firm Danisco heads deeper into the growing
semi-refined carrageenan market acquiring all the assets for
processing the ingredient from liquidated firm Scottish Scotcol.
Findings from a new report from the Geneva-based World Trade
Organisation suggest today's highly processed food industry will
continue its thirst for ingredients, writes Lindsey Partos.
In the past two decades international trade...
Number one global xanthan gum supplier CP Kelco is on the auction
block as majority stakeholder merchant bank Lehman Brothers opts to
sell its slice in the leading hydrocolloid company, reports
Lindsey Partos.
French starch supplier Cerestar, a subsidiary of US agri-giant
Cargill, will tackle the stagnant European bakery market rolling
out a new generation of cold water swelling starches targeted at
bakery products with fruit, cream or...
The acquisition of Rhodia Food Ingredients by Danisco has finally
been completed today, bringing the Danish ingredients group one
step closer towards its goal of becoming a leading supplier of
ingredients to the food industry. The...
The use of hydrocolloids, in particular carrageenans, to provide
texture and viscosity to meat products has grown over decades in
parallel to the needs of food makers. While supply shortages are
currently impacting the price of a...
Pressure on food manufacturers to remove artery-clogging trans fats
linked to heart disease from foods continues in the US and Europe.
In response to increasing demand and imminent labelling rules in
the US, food ingredients players...
On 1 May an historic moment marked the entry of ten countries and
75 million consumers into the European Union. Churchill's 'Iron
Curtain' has been consigned to the history books, heralding
democracy, stability and...
Spearing growth in the speciality starch and health ingredients
domain MGP Ingredients links up with Penford Corporation to market
a new potato-based resistant starch for increasing fibre and
reducing carbohydrate levels in food products....
Mirroring the state of play for ingredients companies operating
into today's climate, price pressures put the squeeze on third
quarter margins for ingredients giant Danisco.
