Danish Crown continues restructuring
Danish Crown, Europe's largest meat processor has approved the sale of another slaughterhouse in its domestic market, as it attempts to expand internationally and lower costs.
Archives for June 30, 2005
CSM reduces debt by €145m
Dutch bakery ingredients giant has reduced its long-term debt by €145m, the company announced today, as part of its strategy to improve its balance sheet.
Reclassification of milk derivatives divides industry
A recent proposal to broaden the definition of Class 1 fluid milk has divided industry opinion between those who see potential in improved prices and those who see a loss of consumer trust, writes Anthony Fletcher.
Association calls for boost in productivity, innovation
The EU's food and drinks sector is in danger of losing its market share unless more is done to boost its competitiveness, says a body representing the industry - which also supports a reduction in domestic subsidies for its members.
UPM to sell unit as part of ongoing restructuring
As part of a programme to focus its business on speciality paper and packaging products, Finland-based packaging group UPM-Kymmene has agreed to sell its Loparex unit, part of a company division that makes labels.
Pesticide residue levels detected in bread
Wholemeal bread contains more pesticide residues than any other bread type, according to research published yesterday by the UK's Pesticides Residues Committee (PRC), yet the levels are not considered dangerous to human health, writes Lorraine Heller.