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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...

Snack demand lifts Cosun results

Compound ingredients for the snack industry, inulin and sugar activities lift operating profit in 2004 for Dutch ingredients and foodstuffs group Royal Cosun.

Atkins to pull out of UK market

Atkins Nutritionals, the company behind the trendy low-carb diet, is closing its operations in the UK, in a move that seems to herald the end of its presence in Europe...

Greggs thrives on image change

Takeaway sandwich and pastry ranges for on-the-go consumers drove up profits and sales for UK bakery retailer Greggs, but the company is working hard to compete in this increasingly crowded...

IAWS cornering specialist in-store bakery

Specialist bakery group IAWS is aiming to benefit from a renewed focus on supplying in-store bakeries across the UK as the company announces a strong profit rise, increasingly driven by...

Napier Brown confirms takeover talks

UK sugar and dairy powder firm Napier Brown Foods confirmed rumours this week that it is in discussions that could lead to a possible takeover, writes Lindsey Partos.

ADM gains €70m on sale of share stake in Tate & Lyle

US oilseed and cocoa processor Archer Daniels Midland (ADM) said on Monday it will post a gain of €70 million in its fiscal third quarter, due to the sale of...

Soy and wheat prices still open to risk

Food makers still vulnerable to rising ingredients prices as soybean, wheat and corn prices rise 20 per cent, 16 per cent and 9 per cent respectively last month, reports Lindsey Partos.

Neotame sales soar, while Splenda's ads attract more criticism

Sales of the sugar substitute neotame more than quadrupled last year as food and beverage manufacturers searched for low calorie alternatives in the face of rising obesity, said its makers,...

Sunset invades US organic snacks market

Low-carb specialist Sunset Brands has become the second company in a week to move in to America's rapidly growing organic food sector after signing a deal for organic snack and...

CSM shuts US bakery units for €60 million in savings

Shaving off unprofitable units, Dutch ingredients firm CSM said this week it would close four of its bakery ingredients distribution units in the US.

DSM: low margin food ingredients climb in tough climate

DSM, the largest food fermentation company in the world (in value terms) sees its combined food units beating industry growth for the year, but bakery still under pressure, reports Lindsey...

Wheat sourced ingredients still open to price risk

Prices for key raw materials used by the food industry are lighter this month on gains in wheat, corn and soybean inventories, but analysts suggests wheat prices are open to...

European speciality yeast suppliers face Chinese competition

Increasing affluence and changes in diet in China to open up new opportunites for European yeast extract suppliers, but the threat from Chinese suppliers has kicked off, writes Lindsey Partos.

Splenda fights back

Tate & Lyle's Splenda brand in the news again this week as McNeil Nutritionals, the table-top supplier of this increasingly popular sweetener, takes the US sugar industry to court.

Krispy Kreme crisis prompts redundancies

The cash-stricken Krispy Kreme doughnut company is to shed a quarter of its workforce in an attempt to overhaul losses as over-expansion and a lack of new products to appease...

Unilever divests UK edible oils

Edible oils market in the UK undergoes change as Anglo-Dutch conglomerate Unilever announces plans to divest its seed oils and cooking fats business to canned fish and meat firm Princes.

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