Canola protein pioneer BioExx files for bankruptcy protection
Canadian canola protein specialist BioExx has filed for bankruptcy protection under the Companies’ Creditors Arrangement Act (CCAA) for an initial period expiring on October 31.
Archives for October 9, 2013
Diet soda in a funk says Wells Fargo: ‘PepsiCo will be forced to do something soon to stop the share and volume losses’
Dollar sales of low/zero calorie carbonated soft drinks (CSDs) plunged 8.6% in the four weeks to Sept 28, according to the latest Nielsen xAOC* data, which shows the diet soda market remains stuck in a rut.
What do higher gas prices mean for convenience stores, and how can food marketers fight back?
If you’re paying more at the pump, you’re likely to spend less on groceries at the convenience store - or just pay at the pump and skip the store altogether. So what do higher gas prices mean for firms supplying the c-store channel?
Outside forces hit Cargill’s earnings
US meat processor Cargill has reported a drop in earnings for the first quarter of fiscal 2014 as a result of ongoing drought and smaller harvests.
Hershey launches Lancaster caramel brand in US after successful rollout in China
Lancaster - a new soft caramel brand launched by Hershey in China earlier this year - will be rolled out across the US in January 2014, bosses at the confectionery giant have revealed.
Naturex launches natural blue spirulina for 'fat-loving' candies
French ingredients firm Naturex claims to be the first supplier to offer natural blue spirulina coloring for lipophilic confectionery applications such as compound coatings.
Patent Watch
'It's too milky!': Unilever files patent to control color of aerated chocolate
Adding low levels of red and black pigments to chocolate prior to aeration can prevent aerated chocolate from getting lighter and potentially putting off consumers, according to a patent filed by Unilever.
Horse meat scandal exposed weak supply chain controls, says NAO
The horse meat scandal exposed weaknesses in controlling the food supply chain, according to a UK watchdog.
Flavour success in emerging and mature markets helps Givaudan to 'sustained growth'
Increased sales in developing markets for its flavour division have helped flavour and fragrance giant Givaudan to sustained growth above the market average for the first nine months of 2013.
MEPs back plans to modernise pig inspection
Reforms to EU pig inspection will go ahead after the European Parliament rejected a last-minute attempt by a group of MEPs to block the changes on food safety grounds.
Low food industry wages are a British disease, says food policy expert
The UK food sector is characterised by low wages –but pressure is ramping up to pay food workers a living wage, rather than just the minimum wage, according to Professor Tim Lang of London City University.
Big breakfast backed to aid female fertility difficulties: Study
Eating a bigger breakfast in the morning, and cutting back on large meals in the evening, could help to assist women in overcoming reproductive difficulties, say researchers.
Haribo to construct second UK factory for $109m
Haribo has announced plans to build a £92m ($109m) factory in Castleford to keep pace with accelerating UK sales.
Crown China expansion sees rise in aluminium cans
Crown Holdings has opened three beverage can factories in Heshan (Guangdong province), Ziyang (Sichuan province) and Putian (Fujian province), bringing the total number of plants in China to seven.
Nestlé, Unilever rubbish Brazilian ice cream antitrust allegations
Nestlé and Unilever have rubbished allegations that they violated Brazilian competition law by preventing the exposure of rival ice cream products at retail level.
Parents seeking balanced approach to nutrition in bakery: Cargill
As parents look to strike a balance between healthy and unhealthy foods in their childrens' diets, bakery manufacturers have an opportunity to innovate with healthier products in the cookies, breads/rolls, crackers and snack bars categories, according to...
Fast food firm hit by China food safety scares
US fast food giant Yum Brands has reported a disastrous third quarter as a result of food safety scares in China.
Indian retail
Frustrated Wal-Mart lays consumer ambitions to rest with JV break-up
Wal-Mart appears to have lost patience with its fraught ambition to enter Indian consumer retail, after deciding to buy out its local partner, Bharti Enterprises, from their six-year-old joint-venture.
Genome sequencing to shed light on Campylobacter coli
The Institute of Food Research (IFR) is to study how a strain of Campylobacter can survive in different environments to better understand the risk to human health.
GFSI reissues V6.3 standard to include food storage and distribution
The Global Food Safety Initiative has reissued its Guidance Document Sixth Edition under version 6.3 to include requirements related to the storage and distribution sector.
Anuga
US firm seeks canned chicken success in Europe
US tinned meats producer Crider Foods is hoping to replicate its canned chicken’s North American success in Europe after gaining European certification for its products.