Archives for December 13, 2010

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Danisco and Novozymes secure R&D funding

By Jess Halliday

Danisco is to receive a €120m loan from the European Investment Bank (EIB) to part finance its research and innovation in food and enzymes between 2010 and 2014; and compatriot Novozymes will also receive an undisclosed sum.

Nestlé opens $136m Dubai factory

Confectionery giant Nestlé has officially opened a (USD) $136m manufacturing facility in Dubai which is set to become the third largest Kit Kat plant worldwide.

Recession impact on organics varies across Europe

By Jess Halliday

Fortunes for the organic food and drink market in Europe are patchy, according to a new report from Organic Monitor, with Sweden and France seeing double digit growth while other countries stagnated or even contracted.