British ingredient supplier Tate & Lyle has reported an 85% increase in profit before tax, putting the successful performance down to higher sales, a weak pound and fewer exceptional costs.
French supermarket Super U has pledged to remove or reduce 90 “controversial” substances from its private label range, including palm oil, aspartame, monosodium glutamate, bisphenol A and fructose-glucose syrup, citing consumer fears and the cocktail effect....
We've all heard the statistics - almost 36% of Americans are now obese. But 50 years ago, it was just 13%. So why did we get so fat, so quickly? And what role did sugar - and specifically high fructose corn syrup - have to play?
Tate & Lyle could be vulnerable to a takeover by an industry rival such as Cargill, according to a lawyer specialising in food industry mergers and acquisitions.
Tate and Lyle now has new capacity for glucose syrup up and running at its facility in Slovakia, to cater to European demand and, in particular, underserved manufacturers in Central and Eastern Europe.
Carrageenan has good textural properties and is a more cost effective hydrocolloid than dextran for use in semi liquid syrups for production of a wide range of confectionery products, claims a new study from Mexico.
Hong-Kong listed firm Global Sweeteners has delivered mixed results for the first half of 2008, but escaped a potential hit from the price hike in corn by passing on costs to the market.
UK sweetener group Tate & Lyle reduces risk to earnings from
today's volatile commodity markets, announcing the sale of its
international sugar trading operations to US oilseed giant Bunge.
Bunge has announced the signature of a definitive agreement to
acquire Corn Products International for around $4.8bn, a major deal
that plunges it into the high-potential sweeteners market.
A US federal judge has rejected a claim that the use of the term
'all natural' on Snapple drinks was deceptive because the products
contained high fructose corn syrup (HFCS).
Chinese corn-based sweeteners producer Global Sweetener Holdings
has taken a new step towards its aim of becoming a leader in the
Asian and worldwide markets for corn sweeteners by buying out
Mitsui's share of their sorbitol...
High fructose corn syrup is increasingly being blacklisted by food
and beverage manufacturers as they attempt to market products that
are perceived as 'better-for-you', says Datamonitor.
Tate & Lyle has announced the inking of a deal with Syral for
the sale of part of its European starch ingredients business for
€310m, which will make it more secure in volatile markets and in
context of the new European sugar...
Corn Products International has reported "record" sales for
2006, closing its 100th anniversary year with what it had forecast
to be its "best year ever" .
Corn Products International has again reported strong growth, with
its third quarter results reflecting a continued good performance
from its North American business.
The US and Mexico have concluded an agreement under which access
will be granted for US high fructose corn syrup exports to Mexico,
a move that begins to address the decade long dispute between the
two countries.
Major food commodity processor and ingredients supplier Archer
Daniels Midland (ADM) will expand cocoa operations in Brazil to
match expansion of current product lines, the firm said this week.
Welcomed by sweetener suppliers, scientists at the world's biggest
food ingredients exhibition claim this week that there is no
credible evidence to 'single out' the common sweetener high
fructose corn syrup (HFCS)...
Despite higher raw material prices Corn Products International, a
US maker of corn syrups sweeteners, saw profits and sales rise for
the year, citing sales in North America and a better price-product
mix as key factors responsible...
First half profits for UK sugar and sweeteners group Tate &
Lyle slipped as US figures hit the bottom line but improved results
from European operations helped add sparkle to a generally
lacklustre performance.
Archer Daniels Midland, the leading US ethanol producer, on Friday
won conditional approval from US antitrust authorities to acquire
privately owned Minnesota Corn Processors LLC, a smaller rival.
Agribusiness processing giant Archer Daniels Midland Co.'s
prospects have brightened as the outlook for its mainstay soybean
products and high-fructose corn syrup improves amid favourable
commodity trends, analysts said.