Sugar giant British Sugar helped boost six month results for its
parent, food and ingredients firm Associated British Foods, which
this week reported double-digit growth in profits. But
international agency Oxfam has criticised the...
Number one flavours and fragrance firm Givaudan ambles along in the
first quarter with higher sales in flavours offsetting a drop in
the fragrance division, suggesting that strategies to boost profit
announced back in January this...
Intensified competition in the ingredients marketplace and
disappointing orders for Cocoa Butter Equivalents (CBE) following
the new chocolate rules leads to job losses at Danish fats and oils
firm Aarhus United.
After repeated warnings that the spiralling cost of raw materials
would impact profits this year, US-based breakfast cereal producer
Kellogg yesterday said that it had got off to a
better-than-expected start to the year and forecast...
Global chocolate supplier Barry Callebaut said that recent
acquisitions had boosted its six month figures, with net profit
showing double-digit growth. But low cocoa prices affected
activities at the processing arm of the company.
Natural colours UK firm Overseal Foods is set to carve a deeper
position in the US market, signing a new distribution deal with US
company RFI Ingredients and meeting growing demand for natural
colouring foodstuffs, writes Lindsey...
Rathbones Bakeries, one of the leading suppliers of own label bread
and baked goods to the UK retail trade, has been sold by Greencore,
the Irish food group which is keen to focus on building its
convenience food operations.
A substantial increase in goodwill amortisation costs pushed down
operating profits at Irish baked goods and agribusiness group IAWS
in the first half. But sales increased during the half, even after
the impact of currency movements,...
Romanian bakery group Vel Pitar looks set for further expansion
after announcing that it intends to become more acquisitive and
that a significant increase in its investment programme is mooted
for the year.
Expecting a higher uptake of vegetable fats by European chocolate
manufacturers following the new '5 per cent' chocolate rule, Danish
oils and fats supplier Aarhus United sees a drop in income for
2003, compounded by currency...
Greggs, the specialist baked goods retailer, said last week that
growth in the booming British sandwich market was showing some
signs of slowing down and that it expected to see increasing
competition in this high added value sector.
US starch supplier MGP Ingredients witnesses the benefits of
'adding-value' to ingredients products with strong growth in
low-carb ingredients pushing demand for its resistant wheat starch
The largest sugar producer in Europe Südzucker has divested all
shares in the Spanish food group Ebro Puleva through the group's
subsidiary Saint Louis Sucre, providing it with breathing space to
concentrate on speciality ingredients.