Flavours and fragrance market to shrink, says Symrise CEO
Symrise CEO predicts continued shrinkage in the fragrance and flavour market as acquisitions prop up first half sales and weigh down profits.
Archives for August 5, 2009
Enzymes help post-merger cost reduction, Novozymes
Enzymes can help reduce costs and increase productivity for brewers in the wake of a merger or acquisition, says Novozymes, which has a pipeline of new solutions nearing launch.
Calls for supplier relations watchdog; retailers disagree
The UK’s Competition Commission is asking government to establish an ombudsman to arbitrate in disputes between retailers and suppliers, as retailers have declined to act and the Commission does not have the power to do so itself.
Lallemand acquires Wisconsin-based yeast company
Lallemand Bio-Ingredients said on Wednesday that it has completed its acquisition of the Wisconsin-based Lake States Yeast Company, in a move which marks its first entry into inactivated torula yeast.
Massive beef recall linked to antibiotic-resistant salmonella outbreak
California firm Beef Packers Inc has recalled over 800,000 pounds of ground beef linked to an outbreak of antibiotic-resistant salmonella that has sickened people across nine states.
Naturex buys Natraceutical to form botanicals giant
Naturex has succeeded in its stated ambition to become the world’s biggest independent botanicals extracts supplier by striking a deal that brings on-board the ingredients division of Spanish company, Natraceutical.
Cognis simplifies gels for aerated cakes
Cognis is launching a new emulsifier that is said to vastly simplify the making of cake gels and ensure consistent quality.
Senomyx sees Q2 slump, enters new royalties deal
Senomyx revenues fell by 17 percent in the second quarter of 2009 compared to the same period last year, primarily due to a 2007 payment from Ajinomoto that bolstered previous revenue, the company said.
Senate approves $125bn FDA, USDA budget
The US Senate has approved a $125bn budget for the Food and Drug Administration (FDA) and the US Department of Agriculture (USDA), which includes extra funding for food safety as well as farming subsidies.