Irish dairy and ingredients group Kerry has turned in a”solid” first half of 2011 that saw it increase volumes, weather raw material price hikes, and see success in a “go-to-market” functional ingredient strategy as profits jumped 6.1% on 2010 figures.
All round gains in flavours, speciality, and dairy ingredients help
Irish ingredients group Kerry face "highly competitive trading
conditions" and contribute to the 12.8 per cent rise in first-half
profit.
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...