News & Analysis on Food & Beverage Development & Technology
Saudi food giants Savola and Almarai reported very different Q3 results, with Savola’s profit dropping 47% to US$99m, and Almarai’s up 10.3% at US$158.7m, but both missing analyst’s forecasts.
Mars has signed a partnership agreement with the Food and Agriculture Organization (FAO) of the United Nations (UN).
Food Manufacture Excellence Awards
Congratulations to all the winners and finalists in the 2015 Food Manufacture Excellence Awards (FMEAs), staged on Tuesday night at the Lancaster hotel in central London.
Falling oil prices and excessive bureaucracy and currency controls are the largest challenges for many regional firms, according to Dutch bakery equipment maker Rademaker.
Companies in Iran and Iraq are keen to work with BASF, with a lot of delegates from the countries visiting the German firm’s stand at Gulfood Manufacturing.
FULL-YEAR RESULTS
Barry Callebaut lowers its growth outlook and predicts a challenging year ahead as high cocoa prices and high finance requirements hit 2014/2015 profits - despite solid sales growth.
A Spanish advertising watchdog has upheld a ‘no added sugar’ claim for a dessert containing sweetened chocolate – a questionable interpretation and clear breach of EU law, warn food lawyers.
Comment
Far from the frenetic madness of its parent show in February, Gulfood Manufacturing nevertheless has its own, slightly geeky, energy – and it clearly means business.
Product reformulation, an advertising ban and restrictions on promotions are expected to be the main focus of the government’s childhood obesity strategy.
Tetra Pak has opened its first Customer Innovation Centre in Dubai, with six more around the world to follow by 2017, the company announced last week at Gulfood Manufacturing.
A single high calorie snack could be enough to trigger signals of metabolic disease, according to new research investigating the short term effects of diet.
Gulfood Manufacturing has seen a more than 20% rise in both visitors and exhibitors in the second edition of the Dubai event, as it carves out its own identity next to its sibling shows.
Helping small-scale farmers and producers in developing countries to access the global marketplace can help to boost nutrition and development, say the UN Food and Agriculture Organisation (FAO) and the World Trade Organisation (WTO).
The European Food Safety Authority (EFSA) has handed over details of which working group members made what changes to a draft document on pesticides following a European Court of Justice (ECJ) ruling – but it will be keeping EFSA staff details to itself.