Burnt toast? Packaged bread needs investors, not innovation
UK bakers must seriously consider outside investment because product innovation won’t be enough to reverse plummeting sales, says Euromonitor.
Archives for August 10, 2015
Ackman investment in Mondelēz: ‘Maybe this is the shake up it needs,’ says innovation expert
Activist-investor William Ackman’s 7.5% stake in Mondelēz International should inject life into a sweet and snack major that has been struggling for the past two years, says the innovation head at Mintel.
Chia extract can slash cake fat by 25%, finds study
Chia mucilage gel can be used to directly replace vegetable fat in pound cakes without impacting texture or color, researchers have found.
Olam’s ‘complex’ ADM cocoa deal hits delay
Singapore-based Olam’s $1.3bn acquisition of Archer Daniels Midland’s global cocoa business has hit a bump in the road, according to U.S. Securities and Exchange Commission filings.
Will relocate employees and equipment from Des Plaines to Itasca, Illinois
Amcor Rigid Plastics to consolidate two US factories over next 12 months
Amcor Rigid Plastics will consolidate its Des Plaines manufacturing facility into its Itasca, factory, both in Illinois, over the next 12 months.
Feature
Two new barley plant genes discovered
A group of international researchers have discovered two new genes in the barley plant that will shed light on the history of agriculture and also bring new capabilities to barley breeding programs.
Adept creates a buzz with the Hornet
Adept Technology has launched a parallel robot, the Hornet 565, for fast, precise pick and place and conveyor tracking.
Competition remains fierce in cholesterol-lowering niche
Benecol buy-back boosts Raisio Q2 results
Sales and profits were up in Q2 at Raisio, with CEO of the €500m Finnish agro-food player Matti Rihko content its re-housing of key brand Benecol was paying off.