UK group Associated British Foods (ABF) has taken full control of a
yeast and baking ingredients venture in the Philippines, previously
part-owned by Pilmico Foods, clearing the way for an expansion of
German-based ingredients firm Nutrinova passes raw material and
energy price rises onto the market, announcing double-digit price
hike for its sorbate products, used increasingly by food
manufacturers to preserve baked goods.
Despite a warning in April that raw materials and currency would
have an impact on second half earnings, the UK ingredients firm
Associated British Foods, which in July laid down €1 billion for
leading yeast supplier Burns Philp,...
With impending sugar reform set to slash the bottom line for the
owner of British Sugar, UK food and ingredient group Associated
British Foods, the company is driving further into the ingredients
business with the decision to buy...
Eager to grab a slice of the steadily growing market for natural
alternatives to hydrolysed vegetable protein (HVP) seasonings, UK
company Overseal Foods has launched a line of yeast products under
the brand name Yesto-Seal.