Diamond posts Q1 loss after walnut scandal
Kettle Chips maker Diamond Foods has recorded a $10.7m loss in the first quarter of 2013 after incurring expenses for an investigation into improper payments to walnut growers.
Archives for December 19, 2012
EFSA on caramel colours: Consumer exposure lower than previously estimated
Consumer exposure to three caramel colours used in a variety of food and drink applications is ‘considerably lower’ than a 2011 scientific opinion published by EFSA suggested, says the Authority.
5-minute festive flick
Happy holidays from William Reed Business Media!
The working year is almost done, time to pause from ‘the business’ and embrace the festive season…go on, give it a big hug. Happy holidays!
Berry Plastics unveils updated bulk containers
Berry Plastics Group has launched flexible intermediate bulk containers to optimize storage and transportation.
Biggest movements of 2012: Buyouts, JVs and those left up for sale…
This year has seen a flurry of activity in the bakery, snack and cereal market with big buys, joint ventures and companies left up for sale as we enter 2013. BakeryandSnacks.com takes a look back at some of the most prominent moves to shake up the sector…
American Sugar Alliance: ‘The country is swimming in sugar’
Sugar prices in the US have fallen more than 40% since last summer and are now at “dangerously low levels for producers who are facing ever-increasing input costs”, according to Jack Roney, an economist with the American Sugar Alliance (ASA).
Frito-Lay technology slashes potato chip oil content by a third
Frito-Lay North America has filed an international patent for a method it has developed to reduce the oil content of potato chips by around a third.