California-based Ingredients by Nature (IBN) recently announced its partnership with Israel-based Galam to distribute a new prebiotic fiber, GOFOS. IBN said they will be distributing the ingredient solely to the nutraceutical industry.
The liberalisation of the EU sugar market next year must be accompanied by market measures to maintain sugar beet production and allow the sector to retain its strategic importance, according to a recent EU report.
Global sugar prices have rocketed 30% since mid-April as the balance between supply and demand tightens. In Europe prices have remained steady but could soon increase, according to Rabobank’s latest sugar quarterly.
The recent finalization of the Trans Pacific Partnership is good news for confectioners and sugar-using manufacturers across the US, according to Rick Pasco, president of Sweetener Users Association (SUA).
A judge in Illinois has thrown out a class action lawsuit against KIND LLC over “no refined sugars” claim on its Healthy Grains products, which contain evaporated cane juice, a form of sugar, and molasses.
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).
The Real Good Food Company (RGFC) has pinpointed its bakery ingredients business Renshaw as the ‘gem’ within the group and has committed to a growth strategy for this arm.
EU sugar supplies are at their most critical levels since the 2005 sugar reform and are causing ‘extreme volatility, instability and disruption’ to the European food and drink industry.
Sugar stocks should rise significantly from their current low levels, with analysts forecasting a global sugar surplus of around 9.5m tonnes in the 2011/12 (October-September) crop year, on the back of increased production in Europe and Asia.
Associated British Foods (ABF) is investing “tens of millions of pounds” in upgrades at its UK baking business, chief executive George Weston told FoodManufacture.co.uk.
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.
New research from Serbia has flagged up the antioxidant benefits and shelf life extension properties of a sugar beet fibre derived ingredient, Fibrex, when added to cookies.
Associated British Foods (ABF) has issued what stockbroker Shore Capital describes as a “rather subdued” trading update, following a disastrous UK beet sugar harvest
The Sweetener Users Association (SUA) has warned that the sugar market could be disrupted by production shortages, refining capacity issues and the upcoming hurricane season.
Danisco has announced that it will sell its sugar division to
Nordzucker for DKK5600m, around €751m, bringing to an end months of
speculation as to whether it would agree to a sale or opt to spin
off sugar into a separate business.
Tapping into the trend for alternative sources of pectin,
researchers based in Belgium and Cameroon, have reported that
pectin from banana skin could find application as a gelling agent.
UK-based Associated British Foods (ABF) today reported real
operating profit increased by 11 per cent in 2007,
despite EU sugar reforms and the weak US dollar's effect on
margins.
Associated British Foods (ABF) has forged an agreement with Chinese
sugar group Hebei Tian Lu, which is expected to revolutionise beet
sugar production technology and boost yields.
Manufacturers of food and beverage products that contain sugar are
calling on the US Department of Agriculture (USDA) to allow for
more sugar imports in order to top up the nation's reduced sugar
production and prevent a shortage...
Tate & Lyle has vowed to continue to pursue its ambitious
expansion plans despite warnings that proposed changes to the sugar
regime could begin to affect business as soon as 2007, writes
Anthony Fletcher.
Functional flavours and ingredients manufacturer Danisco, one of
Europe's largest sugar suppliers, is to cease the processing of
sugar beet at one of its sites in Lithuania, Tom Armitage
reports.
Imperial Sugar yesterday (Thursday) announced a higher
first-quarter profit, but predicted that operating income would
fall significantly in 2005 as the sugar industry remains
challenging, reports Philippa Nuttall.
Food and ingredients producer Greencore has warned early that its
Irish sugar business could be seriously damaged when the EU finally
implements its sugar reform, expected next December, writes
Chris Mercer.
Top ingredients supplier Danisco will phase out its activities in
oil and protein crops in order to focus on sugar beet seed, said
the Danish firm this week, in a move reflecting changes to the
European sugar regime in 2006 that will...
US biotech crop pioneer Monsanto is to suspend the introduction of
the world's first biotech wheat, amidst public outcry at the
possible risks of genetically modified crops and at Monsanto's
aggressive marketing tactics,...
Belgian firm Cosucra Groupe Warcoing is exiting the sugar beet
processing business to concentrate entirely on added value
ingredients for health foods, it announced this week.
