Archives for April 7, 2013

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Cargill puts weight behind ground beef drive

By Carina Perkins

US meat processing giant Cargill has revealed plans for a multi-million-dollar investment into ground beef production at its Pennsylvania beef processing plant.

Food ingredients, not fuel, helps Penford post profit

By Hank Schultz

Higher profits and margins in the human nutrition portion of the company helped Penford Corporation swing from a loss to a profit, according to the company’s recent second quarter earnings statement.

Tyson to pay $4m penalty to settle EPA case

By Joseph James Whitworth

Tyson Foods will pay almost $4m in civil penalties in relation to eight accidental releases of anhydrous ammonia which resulted in one death, multiple injuries and property damage over four years.

Better understanding of consumption to help target eco strategies

By Caroline Scott-Thomas

Nestlé and UK supermarkets Sainsbury’s and the Cooperative Group have entered into a pilot project to improve the environmental performance of some of their products, say the project’s organisers at the Product Sustainability Forum (PSF).

'We are building Lifeway as a global brand', says CEO

By Stephen DANIELLS

Record sales and a 97% control of the kefir category are only the start for Lifeway Foods, as the company states it’s ‘in the early stages of its long-term growth trajectory’.

Lower cocoa prices dent Callebaut profits

By Oliver Nieburg

Barry Callebaut has reported a slight dip in half-year profits as lower cocoa prices meant customers were paying less for the company’s range of cocoa ingredients compared to last year.

Australia sees food export value soar

By Carina Perkins

The value of Australia’s food exports soared to their highest level for a decade last year, boosted by strong performance in the meat sector.