Kraft’s bid is ‘contemptuous’, says analyst
Even if Kraft intends to increase its bid for Cadbury, its latest offer has probably managed to upset both the board and shareholders, says Andrew Wood, senior research analyst at Sanford C. Bernstein.
Archives for November 10, 2009
First shipment of UTZ cocoa reaches Europe
An initiative to improve the agricultural, environmental and social aspects of sourcing cocoa from West Africa achieved has achieved a milestone, as the first beans have arrived in Europe for processing.
Meat processors anxious on FSA bid to cut inspection funding
Proposals by the UK Food Standards Agency (FSA) to cut its funding of meat control inspections could be a “significant blow” to the processing sector, said a leading industry body.
Low-fat better for mood than low-carb: Study
People who lost weight by following a low-calorie, low-fat regime saw longer term effects on mood than those who used a low-carb approach, report researchers in Australia – but whether its down to social chemical reasons remain unclear.
Pea flour could create tasty low-GI foods: Study
Whole yellow pea flour could be used to create low-GI foods with similar sensory characteristics to whole wheat flour, according to a new study from the Journal of Food Science.
Marine collagen big in Japan now going west
Chinese supplier Fenchem said its new collagen peptide extracted from fish scales, an ingredient used in the joint health food and drinks market in Japan, is aimed at food and supplement manufacturers in the US and Europe.
Maple Leaf dismisses hygiene breaches at Listeria plant
The discovery of mould, meat debris and slime in the Maple Leaf plant at the centre of the 2008 Listeria outbreak just weeks after it re-opened did not pose food safety concerns, the company said.
SunOpta reports Q3 loss; continues debt reduction
Canadian natural and organics group SunOpta has reported a loss of $4.7m in the third quarter of 2009, much of it linked to professional and banking fees, but it has continued its debt reduction strategy.