SunOpta to close acquisition despite financial woes
SunOpta is set to complete its acquisition of Tradin Organic Agriculture in the next few weeks having faced delays due to the internal financial issues.
Archives for March 13, 2008
Invest in biofuels v2.0 to ease food supply issues, says EuropaBio
The use of biomass for fuel should not jeopardise the food supply, EuropaBio has proclaimed, but more European investment is needed in second generation technology that does not compete with food sources.
Finsbury Food revenue soars by giving customers what they want
In these uncertain times for the bakery business the Finsbury Food Group's profits have soared by giving people what they want, says Chief Executive Dave Brooks.
Citrus essential oils could be antimicrobials for food
Citrus oils - particularly those already used as flavourings - could be an ideal alternative to chemical-based antimicrobials for food applications, says a new paper.
Food industry takeovers continue to rise
The number of mergers and acquisitions in the North American food industry continued to grow in 2007, continuing the rapid pace of consolidation that began in 2006, according the latest edition of the annual food business survey by the Food Institute.
Oil prices fuels coffee sustainability concerns
High oil prices are set to exacerbate coffee supply concerns by deterring growers from using fertilizers in cultivating the crop, according to new figures from the International Coffee Organisation (ICO).
Nestle product price-hikes drive growth
Nestle has seen a strong start to 2008, partly thanks to its strategy of increasing product prices quickly in line with commodity price increases.