Neogen reports strong Q2 results
Neogen has posted a 33 per cent jump in Q2 net income from the previous quarter, with most market segments in its Food Safety Division showing strong growth.
Archives for January 5, 2011
Study pinpoints novel allergen in celery
A highly stable novel allergen that may lead to severe reactions has been identified in celery stalks.
ADM acquires 100% of Golden Peanut Company
Archer Daniel Midlands (ADM) has said it is now the 100 percent owner of Golden Peanut Company after it acquired all outstanding stock from Alimenta (USA), from Alimenta S.A, an international trading company based in Switzerland.
Imperial Sugar returns to profit in 2010
Imperial Sugar Company returned to profit during fiscal 2010 as its Port Wentworth refinery continued to boost production following a 2008 explosion, although its losses widened in Q4, the company said.
New Britain Palm Oil to complete refinery revamp by end of H1 2011
New Britain Palm Oil (NBPOL) says an extension of its Papua New Guinea palm oil refinery to handle products required by confectionery giant Ferrero should be operational by mid 2011.
AB Enzymes appoints business development director
Prof Dr. Karl-Heinz Maurer has been appointed as AB Enzyme’s director of business development, focusing on the company’s 2nd generation biofuels from biomass initiatives.
Fostering culture of food safety key to combating foodborne illness
Food processors must develop a complete culture of food safety that goes beyond such basic measures as regulatory compliance if they are serious about tackling the issue, according to new research.
Agriculture Secretary calls for ‘new paradigm’ of cooperation in GM debate
USDA Agriculture Secretary Tom Vilsack has called for compromise and cooperation between supporters of genetically modified (GM) crops and those of non-GM crops in an open letter to stakeholders.
Wheat price volatility reflects concerns over Australian floods
US wheat futures experienced volatility this week with traders concerned that floods in Australia would hamper transportation of wheat and export commitments would not be met.
Fraunhofer predicts lupin seed success in low-fat sausages
A new lupin seed-based protein isolate developed for use in low fat sauages could help cure the EU's obesity epidemic, according to researchers at Germany’s Fraunhofer Institute.
FAO food price index hits record high
The Food and Agriculture Organization’s (FAO) food price index hit a record high in December, topping 2008’s previous high when soaring food costs led to food shortages and riots in many parts of the world.
Indian metro consumers set to fuel demand hike in processed food - report
Demand for convenience and ready-to-eat food in India will explode over the next five years as a major shift in food-purchasing habits by the growing numbers of middle-class city dwellers takes hold, according to new research.