Cargill eyes Eastern Europe with €20m chocolate upgrade in Germany
Cargill has announced plans to invest €20m in two cocoa and chocolate production facilities in Germany as it looks to boost its presence domestically and in Eastern Europe.
Archives for February 9, 2012
Pringles deal ‘dead’: Diamond Foods ditches top brass over shady walnut accounts
Diamond Foods has removed both its CEO and chief financial officer (CFO) over improper accounting on walnut payments rendering its move for Pringles over, according to market analysts
Tesco adopts shelf-life extending ethylene-absorbing packaging
Tesco has become the latest supermarket to trial a new food packaging that claims to prolong the freshness of produce and ultimately reduce waste.
Nestlé defends Nesquik website as CFC demands ASA action on ‘cynical’ child marketing
Nestlé has leapt to the defence of its Nesquik milk-based drinks brand, after the Children’s Food Campaign (CFC) lodged a ‘super complaint’ with the UK Advertising Standards Authority (ASA), complaining that well-known beverage and food brands were...
Smurfit Kappa voices Venezuelan seizure fears as it posts strong 2011 results
Smurfit Kappa Group (SKG) announced a big jump in its 2011 profits and two new acquisitions, as it flagged up falling demand at the end of the year and the future risk that its Venezuelan operations may be seized by the Hugo Chavez-led government.