Tate & Lyle results ‘upbeat’ but 'real test to come': analysts
Financial analysts have welcomed Tate & Lyle’s trading update for the six months ending September 30 but warned of a challenging second half.
Archives for September 27, 2012
Stevia set to be a ‘mass volume, mainstream ingredient’, says PureCircle after striking deal with Coca-Cola
PureCircle says it is one step closer to establishing its high-purity stevia as a “mass volume, mainstream ingredient” after signing a joint development and supply agreement with soft drinks giant Coca-Cola.
Mettler-Toledo introduces faster, more convenient inspection
Mettler-Toledo launched groundbreaking technology targeting speed and convenience for food manufacturers looking for vision and inspection systems at the FachPack 2012 trade show in Nuremberg, Germany.
RTS identifies growing market for natural flavour materials
Market research firm RTS has identified a burgeoning market for natural flavour materials as companies increasingly move away from artificial ingredients – but its first report on the market is intended to open discussion rather than clearly define...
Frito-Lay and Innovia Films settle film patent dispute out of court
Frito-Lay and Innovia Films have reached an out of court settlement over patent rights for a biodegradable film used in packaging for crisps and snack bags.
Kiwi authorities crack down on unlawful infant formula exports
New Zealand authorities have begun action to stop unlawful exports of infant formula to China, after trade bodies blamed these for severely undermining the southern nation’s reputation for food safety.
KFC to ramp up growth in China
KFC has revealed plans to accelerate its expansion across China’s smaller cities, and has pledged to open over 500 new restaurants per year over the coming years—a 20% increase over the current rate.
Mars and Hershey: beneficiaries of US Halloween candy glut, says analyst
US Halloween candy spending is projected to rise this year and the major players Mars and Hershey will be raking in the profits with seasonal variants of popular brands, according to an analyst from Euromonitor.
US welfare group files lawsuit over pork slogan purchase
A US animal welfare group has launched a lawsuit over the purchase of an “iconic” pork advertising slogan by a government-funded body from an industry lobby group.
EP committee votes to curb food commodity trading to tackle price spikes
A European Parliament committee has voted to limit ultra-fast computerised trading on food commodity and energy markets in an effort to curb the kind of speculation that contributed to food price spikes in 2007-08.
'Sugar control' study could spawn food solutions to fight obesity and diabetes
Intestinal enzymes responsible for breaking down starchy foods could soon be ‘toggled’ to be on or off, leading to foods that might help battle obesity and diabetes by better controlling blood sugar levels, say researchers.
Group asks Trader Joe's to sell only antibiotic-free meat
A group delivered a petition to Trader Joe’s via a news conference outside one of the food retailer’s stores in New York City yesterday to ask that the chain stop selling meat that had been raised with antibiotics.
JBF to build giant bio-glycol plant in Brazil to help Coca-Cola meet PlantBottle 2020 target
JBF Industries will build a giant new plant in Brazil dedicated to the production of the recyclable PET material used in Coca-Cola's PlantBottles to help the soft drinks giant meet its goal of making every plastic bottle a PlantBottle by 2020.
Chinese must make tough choices on corn and pork
The author of a report suggesting that China’s corn imports are in line to explode by 2017, today cautioned that the government will have to walk a tightrope in balancing pork prices with domestic corn productivity.
Indian coffee growers suffering labour headache
India’s coffee industry is under severe stress due a shortage of skilled labour and must invest heavily in expanding its capabilities, a major industry association has said.
Darrell Lea seals IGA supermarket supply deal
Australian confectioner Darrel Lea’s new owners have wasted little time in getting a foothold in the national commercial channels having secured a deal for 1,400 Independent Grocers of Australia (IGA) supermarkets to stock its confections.
Thailand’s broiler meat industry under pressure, says GAIN report
Chicken processors in Thailand will be forced to lower production over the coming years, according to a report from the USDA Global Agriculture Information Network.
Canada: beef trade balance with US is worsening
The beef sector in Canada is reported to be at a tipping point and still at risk of becoming a net importer, according to industry leaders.