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Danish sugar giant to wind up beet operation

Functional flavours and ingredients manufacturer Danisco, one of Europe's largest sugar suppliers, is to cease the processing of sugar beet at one of its sites in Lithuania, Tom Armitage reports.

Rising costs dent Domino's Pizza margins

Rising ingredients prices dampened a strong first quarter sales increase for Domino's Pizza, the world's biggest pizza delivery firm, yet health may be the industry's biggest challenge in 2005, reports...

New labelling regime driving up product recalls

Tough new labelling regulations concerning allergens may be driving up the number of product recalls by UK's food producers, warns food safety consultancy RSSL.

Kraft puts money into flavor research

Kraft Foods is helping to finance a seat at the Monell Chemical Senses Center, which should help scientists - and food companies - to learn more about the intensity and...

RHM plots stock market floater

The owners of Britain's RHM, Doughty Hanson, have begun preparing the food group for a stock market flotation later this year after implementing pension reforms and cutting away dead wood,...

Marketing and health keep Kellogg rising

Kellogg has increased sales and profits in its first quarter through clever pricing and strong marketing investment, helping the firm to forge ahead in healthy snacks and beat off private...

Novozymes: food enzymes rise above industry pace for Q1

Food enzymes contribute a quarter of sales revenue to the overall enzyme business in the first quarter, says Danish firm Novozymes, marking a one per cent rise in contribution on...

CSM spears bakery ingredients

Dutch bakery ingredients firm CSM continues to focus on core business, clearing the sale of its sugar confectionery unit Malaco Leaf to investment companies Nordic Capital and CVC Capital Partners.

Soy prices still exposed: China reduces harvests

Pressure on soy prices likely to continue with a new report revealing China is expected to reduce its principal soybean planting area, while increasing corn and rice planting in 2005.

Danisco leaps into number two enzyme slot

Danish sugar and ingredients group Danisco leaps into the number two enzyme position as the firm announces control of 98.2 per cent of the shares in US biotech firm Genencor.

Yeast unit brings gains to ABF

South American and Asian yeast markets bring strong gains in the first half, offsetting weaker markets in the US and Turkey, London-based sugar and ingredients group Associated British Foods reports...

Lower wheat prices lift Carr's profits

Settling UK wheat prices have helped Carr's Milling Industries to get its food business back on track in the first of half of 2005, despite freak floods and fire hitting...

Ingredients giant Cargill posts high double digit gains in Q3

Ambitious US ingredients supplier Cargill boosts its war chest, announcing a 35 per cent rise in profit for the third quarter of 2005, on gains from commodity trading and its...

DSM sheds bakery ingredients to focus on high margin core activities

In a €197.5 million deal food and pharma group DSM sheds low growth bakery ingredients operations to private equity firm Gilde, freeing up the Dutch firm to increase its focus,...

CSM sheds BakeMark Sweden to equity group

Dutch bakery ingredients leader CSM continues to shed activities in non-core countries, selling off its Swedish subsidiary BakeMark Sweden to private equity group Accent, Lindsey Partos reports.

Tesco, Asda price cuts pressure producers

A fresh round of price cuts from the two biggest UK food retailers increases the pressure on suppliers' margins and intensifies competition between own-label and branded producers, forcing them to...

Danisco extends timeline for Genencor buy, again

Danisco's move into the number two enzyme position delayed for the second time as German regulators pose questions on anti-trust issues.

Battered Krispy Kreme gets loan lifeline

The Krispy Kreme doughnut company has pulled itself back from the abyss by successfully negotiating a new loan deal, yet financial pressure on the firm remains intense with analysts sceptical...

RHM re-jig ends McDonald's partnership

British food group RHM has confirmed it is in advanced talks to sell its Golden West bakery, ending a troublesome supplier relationship with fast-food giant McDonald's and streamlining the company's...

US food giants attacked over 'low sugar' claims

An American woman has launched a lawsuit aimed at food companies including Kraft Foods, General Mills and Kellogg alleging that "low sugar" breakfast cereals are leading the customer astray. ...

Splenda sales boost trading at Tate & Lyle

Tate and Lyle said today that overall trading had continued to be strong during the last three months boosted by demand for its high intensity sweetener Splenda.

Consumers snub General Mills price rise

A dip in profits for US cereal giant General Mills highlights the rising threat of private label competition on the cereal market, making branded players work harder to justify higher...

Brazilian drought drives up soy prices

Food makers using soybeans suffered further price increases last month as a worsening drought reduced production in Brazil.

Artisan, premium focus lifts Finsbury profits

UK speciality cake and bread maker Finsbury Foods has recovered well from a rocky 2003, showing just how quickly a company can progress by focusing on premium and indulgence trends...

Lawsuit looms for battered Krispy Kreme

The knives are out for the cash-strapped Krispy Kreme doughnut company as a class action lawsuit looms, threatening to destroy the firm's attempts to overhaul losses caused by a lack...

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