News & Analysis on the Bakery and Snacks Industries
Smithfield Foods, the largest US pork producer, has reported that its quarterly profit fell by more than half as an excess of meat, caused partly by Russia's month-long ban of US poultry imports, hurt prices.
Acatris and Schouten Products have opened a new factory for the production of SoyLife (natural soy germ isoflavone concentrates) in Poederooijen, the Netherlands.
Caraustar Industries, the US-based recycled packaging company, announced that it will raise prices for its entire tube and core product line by up to 8 per cent. The increase will apply to all shipments from 24 June 2002.
US-based International Dispensing Corporation has announced that Wegman's Food Markets of New York has introduced its latest packaging line, a disposable Beverage Carafe designed to safely carry 96-ounces of hot brewed coffee.
Agr TopWave has introduced a new system to monitor the quality of PET production called the PETWallplus.
The enormous growth rate in China's packaged and processed food and beverage markets is fuelling the interest that has led to the ProPak China show in Shanghai.