Sluggish protein market forces Tyson downgrade
US packaged meat processor Tyson Foods has been downgraded by Moody's Investors Service, following concerns the firm cannot cope with the current slump in global meat sales.
Archives for July 26, 2006
Blair demands food industry cooperation to tackle obesity
Government cannot be the only actor with responsibility over the current obesity crisis, said UK prime minister Tony Blair in a key note speech on public health yesterday.
DSM will not raise prices to meet costs - for now
DSM has said that it will not pass on rising costs to end markets straight away, despite an otherwise excellent Q2 blighted across the board by yet more increases in raw material and energy prices stemming from political tensions.
Could olive waste boost lard's health image?
Lard, the animal fat with a poor health image, could be stabilised by adding antioxidants from olive oil milling waste, boosting the shelf-life and adding nutritional value, says a study from Italy.
Orange pulp ingredient targets fat reduction, moisture management
An ingredient made from orange pulp claims to allow food manufacturers to slash up to half of the fat in their products, while also acting as a moisture management tool in a number of formulations, including baked goods, salad dressings and meat...
Corn Products posts strong results for second quarter
Corn Products International has reported good second quarter results, with a strong performance from the company's North American operations offsetting a decline in its South American business.
CSM acquisition strengthens global bakery portfolio
CSM's $70 million acquisition of CGI Desserts, a supplier of thaw and serve bakery products, underlines again the firm's focus on the bakery market.
Bird's Eye exits private label business
The world's largest frozen foods business Bird's Eye plans to sell five US factories that make non-branded products, and instead concentrate on its more profitable trademarked range.
EU food industry 'disappointed' in WTO talks failure
The EU food industry has expressed disappointment at the WTO's failure to achieve any meaningful agreement at the Doha round of agricultural trade talks.