BASF confirms Cognis bid, says FT
BASF continues to be the subject of rumours that its supervisory board has approved a takeover bid for fellow German supplier, Cognis, which is owned by Permira PERM.UL and Goldman Sachs Capital Partners.
Archives for May 9, 2010
Biodegradable alternative or a levy - gum makers should chew on that
It’s a sticky issue that just won’t go away. There are sugar-free, tooth whitening and nicotine added versions but none from leading makers, as yet, that are dissolvable in rain.
New Kampffmeyer R&D centre set to focus on healthy baked goods
Summer 2010 will the see the opening of a new innovation centre at a milled grain technology developer’s headquarters in Hamburg that is set to focus on R&D in the areas of health and nutrition.
Harvard study finds no coffee, soda link to colon cancer
A new study published by scientists at the Harvard School of Public Health suggests that drinking even large amounts of coffee and carbonated drinks is not linked to colon cancer risk.
Health commissioner all for food innovation, but not at any cost
The EU Commissioner for Health and Consumer Policy has indicated that he supports science-based approaches to sustainability in the food chain, but not at the expense of safety and consumer confidence.
Soy fibre increases yield, lowers cost in processed meats, says Solae
Solae has introduced a new soy fibre ingredient intended to increase the yield and fluid retention of processed meat products, such as ground and kebab meat, while reducing cooking time, the company has said.
Healthy chocolates may need more sugar: Kraft study
Ensuring consumers reap the benefits from the beneficial compounds in cocoa may mean formulating products with more sugar, suggests a new study from Kraft.
Affluent households driving private label growth, says Nielsen
Growth in private label is approaching 20 percent of dollar value in the US, according to market research organization the Nielsen Company – and it is being driven by the most affluent households.
FSANZ approves novel food sterol changes
Food Standards Australia and New Zealand (FSANZ) has backed a generic definition for phytosterols, phytostanols and their esters to replace the formulation-specific approvals that exist at the moment.
Kraft Q1 revenues soar by 26 percent after Cadbury acquisition
US food giant Kraft has announced first quarter 2010 revenues up 26 percent to $11.3bn after its acquisition of British food and confectionery company Cadbury.
Avoid potential carcinogens in food, suggests government panel
A new report from the President’s Cancer Panel has raised concerns about the levels of potential environmental carcinogens, including pesticide residues on conventionally grown food.