News & Analysis on the Bakery and Snacks Industries
Huhtamaki today blamed the ongoing weak economic conditions in North America for a 5 per cent year-on-year drop in Q1 EBIT but hailed strong performance in its flexible and film operations as evidence that packaging demand remained robust.
The downward trend in sugar prices is likely to continue, but this recent correction in the market may be undermined by tight global supplies, a factor also likely to curb the fall in cocoa prices, according to Rabobank.
Another milestone has been achieved in the UTZ certified sustainable cocoa programme, with the first-ever shipment of cocoa beans from Ghana that meets that standard’s economic, environmental and social criteria.
Saint-Gobain confirmed yesterday it was in the first steps towards an initial public offering (IPO) of Verallia, its glass packaging arm.
Active packaging technology that prolongs shelf life by forming a cloud of carbon dioxide around food has been modified to be used with a raft of new products.
‘I Can’t Believe it’s Not Butter!’ When it comes to transparency you can’t get much clearer than Unilever’s famous exclamation-turned-margarine-brand. But new labelling rules to prevent one food masquerading as another should distinguish between intent...