Israel-based supplier Frutarom has acquired Brazilian flavour house Mylner for $15.7m (€11.84m), underlining its strategy of plugging any gaps in its flavour portfolio or market base.
Edible oils and fats supplier, AAK, has reported its best ever second quarter, with the bakery industry remaining one of the Swedish ingredients company’s key targets for growth.
Huhtamaki has posted improved year-on-year figures for the first half of 2010 as it predicted better returns in H2 despite continued uncertainties in the market.
Novozymes has reported a better than forecast profit in the third quarter of 2009, on the back of higher sales volumes and better productivity – although sales of food enzymes have fallen.
Price increases for oil and other commodities are likely to dampen
growth in trade and overall output in 2005, according to World
Trade Organisation statistics.
Month-on-month growth for Tate & Lyle's zero calorie sweetener
will offset a dip in figures at the firm's European starch
operations as long term investment in added-value ingredients
starts to pay off.
French starch supplier Cerestar, a subsidiary of US agri-giant
Cargill, will tackle the stagnant European bakery market rolling
out a new generation of cold water swelling starches targeted at
bakery products with fruit, cream or...
Mirroring the state of play for ingredients companies operating
into today's climate, price pressures put the squeeze on third
quarter margins for ingredients giant Danisco.
Wheat, corn and soybean prices will remain high for much of 2004,
warns the US agency Fitch Ratings, with the industry likely to see
a continual shifting of higher ingredients costs onto the food
manufacturer. But tough negotiations...
Set against the backdrop of difficult trading conditions for
branded food manufacturers, raw material prices and a negative
currency impact played down first half figures for ingredients
giant Danisco.
