News & Analysis on the Bakery and Snacks Industries
Worldwide demand for food processing machinery is projected to rise 4.6 per cent annually up until 2006, to $21 billion (€22bn), according to a study conducted by US industrial market research group Freedonia.
BOC, the worldwide provider of gases and vacuums to the food and beverage industry, has found a significant market for its newly launched flour chilling equipment for the bakery industry.
Acquisitive US private equity group Hicks, Muse, Tate & Furst is keen to buy up more UK food businesses and expects to be running its major Premier foods unit for the next few years before seeking an exit.
Jefferson Smurfit, the Dublin-based paper and packaging group, could become the centre of a takeover battle after a last minute approach from David Bonderman, chairman of the low-cost carrier Ryanair and chief executive of the investment company Texas...
Sonoco, the global provider of packaging products for the food and beverage industry, has announced that it will increase prices for all coreboard grades manufactured in and shipped to continental Europe by €50 per metric tonne.
Portola Packaging, the US based bottle and closures manufacturer, has reported a fall in its 3Q sales to $53 million (€55,4m) compared to $57.6 million for the same quarter last year. The figure represents a drop of a of 8 per cent.
Processors seeking an alternative approach to mechanical and heat treatment of fruit pieces could benefit from the latest research findings from the Dutch-based DSM group.