Solae has said that ingredients companies will have to continue
their efforts to pass on rising input costs through 2008, but the
relatively lower increases in soy costs compared to other proteins
could provide a business opportunity.
Rising costs and shrinking supply of sugar molasses are driving up
the cost of yeast extract production, says Bio Springer, which is
today announcing a double digit price increase for its extracts as
of next year.
Novel Ingredient Services and the Ingredient House are pairing up
to offer food and beverage manufacturers the opportunity
to improve the sourcing of their ingredients while still
reducing costs - an aim that for many could be too...
Input and energy costs for such commodities as wheat, corn, and
barley, will remain high on the list of pressures plant managers
will face over the course of this year, according to a new forecast
report by Standard & Poor's...
Hot weather, the rising cost of raw materials and a poor potato
harvest have contributed to a downturn in the German snack market –
threatening profits for producers balancing mounting costs with
DSM has said that it will not pass on rising costs to end markets
straight away, despite an otherwise excellent Q2 blighted across
the board by yet more increases in raw material and energy prices
stemming from political tensions.
The chairman of Kraft Foods, the world's second biggest food
company, Roger Deromedi, has launched an attack on EU and US trade
barriers that are driving up the price of commodity ingredients
such as sugar and coffee.
Tate & Lyle's European food and industrial ingredients division
proposed increase of 10 to 15 per cent on new contracts for certain
products highlights again the impact of rocketing energy prices on
the ingredients market.
Supply problems in Asia - mostly as a result of the political and
economic fallout of December's devastating tidal wave - have not as
yet hit prices for key herbs and spices imported into Russia,
according to the company Vremea....
Hungarian food canner Globus has dropped into the red in the third
quarter of 2004, with pressure on prices and the sale of a
production facility contributing to the poor performance. But a
steady move in Hungary towards higher added-value...
The world's number two vitamin maker BASF opened a new production
plant for the chemical citral yesterday, the key building block for
vitamins A and E, as well as the carotenoids beta-carotene and
Lindt & Sprüngli, the Swiss confectionery group, has ended the
first half of 2004 in the black - the first time the company has
completed the first six months of the year in profit. Increased
marketing expenditure - helped by...
Efforts by the Spanish government to counter what it believes are
excessive price increases for a number of fresh products appear to
be paying off, with a sharp fall in price for chicken, seafood,
green beans and lettuce. But other...
The Spanish authorities look set to introduce dual labelling for a
number of non-processed food products in order to provide clear
information to consumers regarding the difference between the farm
gate and retail price - yet another...
The impact of a recent, and ongoing, drought in Australia, will
soon be felt by retailers and the consumer, predicts market analyst
Euromonitor. And there is no let up in sight as El Niño, widely
responsible for the ongoing adverse...