UK chemical stalwart Imperial Chemical Industries (ICI) will spin
off the food ingredients arm of its struggling flavour and
fragrance business Quest to Irish ingredients group Kerry, giving
the flavours operation room to concentrate...
Frutarom Switzerland, the recently acquired Swiss arm of Israeli
flavours group Frutarom, has pulled on synergies from its new
parent to launch a new line of grapefruit flavours, the first in a
range of citrus flavours.
Danisco is on the acquisition trail with rumours suggesting the
Danish ingredients giant is preparing to buy the food additive arm
of ailing French chemicals business Rhodia.
Pinpointing growth areas in the food industry, leading US flavours
company International Flavors & Fragrances (IFF) is to break
ground on a new facility in the bakery and savoury application
areas.
Hot on the heels of disappointing third quarter results, notably in
the colours division hit by weaker sales in the US, Sensient
Technologies has announced a round of cost cutting measures which
will include job losses.
Ongoing consolidation of European food product companies means that
today's flavour firms will principally achieve market gains through
product innovation. Aiming to hit the top five flavour slot,
Danisco has a new president...
Eager to grab a slice of the steadily growing market for natural
alternatives to hydrolysed vegetable protein (HVP) seasonings, UK
company Overseal Foods has launched a line of yeast products under
the brand name Yesto-Seal.
Tekes, the national technology agency in Finland, is currently
funding an investigation into the use of rare sugar components -
previously deemed as unimportant by-products - as a useful raw
material in food and pharmaceutical industries.
As US International Flavours and Fragrances and Swiss company
Givaudan continue to fight it out for the number one global
flavours and fragrance spot, the Swiss supplier reports stable but
far from dazzling 3 per cent sales growth...
Competition in the European flavours arena - already tough -
slammed up a gear yesterday with the news that US agribusiness
giant Cargill has swallowed up its first flavour business in Europe
- UK company The Duckworth Group, marking...
Freshly formed Bunge-Dupont soy ingredient joint venture, The Solae
Company, is to plunge into flavors and to work on the taste of soy
protein through a new collaboration with flavor scientists at the
Linguagen corporation.
Rising sales channelled through a long-standing relationship with
Treatt have opened the way for UK-based Endeavour Speciality
Chemicals to step into larger premises.
Visitors expecting to see flavours company Flachsmann at the
upcoming Food Ingredients Europe exhibition will take note of the
'Flachsmann is now Frutarom' motto. The company - recently taken
over by Israeli company Frutarom...
Our glimpse of imminent product launches at the upcoming Food
ingredients Europe exhibition in Frankfurt this November continues
with UK starch business National Starch launching Advanta-Gel, an
instant structurising starch.
An industry tie-up to find cheaper production methods for flavours
is already bearing fruit as Swiss flavours giant Givaudan announces
'key milestone' in research on gene pathways.
In 2001 enough sausages were sold in Britain to go around the world
five times. That's a lot of sausages, but also - as the UK food
agency points out this week - a lot of salt.
Putting the pressure on its licensee MD Foods to bring tagatose to
the marketplace may well have worked for the low cal sweetener
patent holder Spherix international with the news this week that
7-Eleven has introduced a new drink...
A robust second quarter for flavour and fragrances multinational
Frutarom, announcing a rise for both sales and profits and
completion of its acquisition of the Swiss natural extracts company
Emil Flachsmann.
Innovation continues to drive new product development. Recent
highlights from Mintel’s GNPD (Global New Products Database) reveal
a pint of ale ice-cream, rice-based FABs and bubble-gum tea.
Crowds of food industry professionals will start pouring through
the doors of Chicago's McCormick Place South building this weekend
for the opening of the IFT Annual Meeting + FOOD EXPO. This year's
event - opened by Health...
New flavour encapsulation technology could provide product
developers with a new tool to prolong shelf life, claims flavours
company International Flavors & Fragrances.
Trade in spices is nothing new. After all, since the 15th century
ships laden with the smells of the Orient have navigated their way
to European shores. But Europe's penchant for ethnic foods is
taking on an insatiable upward...
Five Japanese companies have said they will recall a wide range of
food products which were made using banned flavouring agents
acetaldehyde, propionaldehyde and castor oil.
US caramel colour company DD Williamson announced this week that it
has launched a new, oil-dispersible caramel colour blend to provide
sticking power for snack and confectionery applications.
US manufacturer of colours, flavours and fragrances Sensient
Technologies saw revenue rise for the first quarter ended 31 March,
2003 by 10.3 per cent to $235.1 million (Euros 215m), up from
$213.1 million for the same period in 2002....
Innovation is the key to growth for many food companies involved in
the competition food market of the 21st century. This week market
analysts Mintel report on some of the latest products to hit the
supermarket shelves and shows competition...
International Flavours & Fragrances is to launch CoolTek, a
high-intensity cooling technology designed to add 'fun and
originality' for a wide variety of products including food,
beverages and even pharmaceutical products.
Giant flavour house International Flavors & Fragrances
continues to reorganise activities after acquiring, and
integrating, Bush Boake Allen with the news this week that it has
axed 150 jobs as part of a savings drive.
The United States and western Europe combined account for 58 per
cent of the global market of the flavour and fragrance industry,
highlights a recent article from Frost and Sullivan analyst Vivek
Tapuria. But with growth slackening,...
The United States and western Europe combined account for 58 per
cent of the global market of the flavour and fragrance industry,
highlights a recent article from Frost and Sullivan analyst Vivek
Tapuria. But with growth slackening,...
The new merger between Haarmann & Reimer and Dragoco, to be
known as 'Symrise', is thought to be capable of sales of €1,245
million. How does Danisco flavours, aiming to become the world's
number five, plan to compete?
Acquisitions helped US colour, flavour and fragrance manufacturer
Sensient Technologies boost its revenue by 15 per cent to a record
for $939.9 million (€861m) for the year ended December 31, 2002.
The consumer desire to reduce salt intake, combined with increasing
criticism of the food industry with regards to the generous use of
salt in processed foods, is leading ingredients companies to
develop low salt alternatives.
From one sense to another - taste. As children, and indeed adults,
how many of us have been forced to swallow bitter-tasting medicines
? But there could be a solution for present and future generations,
and a natural one at that.
Irish food ingredient and dairy company Kerry continues to move
forward with the group reporting on Tuesday a 22 per cent leap in
2002 profits after tax to €189 million thanks to a strong
perfomance across all businesses.
Swiss flavours company Givaudan has signed an agreement to acquire
International Bioflavors - a leading US producer of natural cheese
and dairy flavours.
Convincing our taste buds that summer is, in fact, an all year
event has long been the challenge of food scientists. A new range
from flavour manufacturers Ungerer seeks to do just that.
Flavour sales continued to decline in Europe for number one
flavours and fragrances company, International Flavors &
Fragrances, but despite this the overall picture for the third
quarter of 2002 is clearly optimistic and the...
Higher volume food and beverage flavour product sales to existing
customers contributed to a net increase for the third quarter for
flavours company Technology Flavors & Fragrances.
New report reveals that growth in value-added products designed for
specific applications is set to drive the food additives market in
the US. Flavours will gain nearly fifty per cent of the market,
with alternative sweetners revealing...
Swiss company Givaudan, the number two global flavours company
behind International Flavors and Fragrances, could be on track to
achieving its objective of becoming 'the undisputed leader in
terms of growth, profitability and...
The board of directors of Swiss flavour and fragrance manufacturer,
Givaudan at its 16 September meeting agreed the repurchase of up to
725,627 registered Givaudan shares.
The American arm of Danish food ingredients company Danisco this
week announced the launch of a flavour concept designed to target
the ice cream and frozen novelty segment and to maximise on the
persuasion techniques of children.
US functional flavour company Blue Pacific Flavors has opened a
state-of-the-art finished beverage R&D application facility for
the development of functional beverages.
Leading US flavour company International Flavors & Fragrances
(IFF) this week reported an increase in sales for the second
quarter 2002 with figures exceeding previously announced
expectations. In Europe strong fragrances sales...
As the United States celebrates National Ice Cream week this week,
the media is awash with reports from companies and associations
boasting a multitude of reports linked to this popular food
product.
