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Nestlé registers Azerbaijani company following suspended operations

Food mogul Nestlé has recommenced operations in Azerbaijan through a registered company following suspended trade of its entire product range in March due to supply problems.

MPs tour Mars to ‘see inside food manufacturing’

Mars Chocolate UK in Slough – home of Mars, Snickers, Galaxy and Maltesers – hosted a visit by MPs and Peers yesterday (June 12) as part of ‘See Inside Manufacturing’ (SIM) initiative.

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Hershey claims 30% reduced fat chocolate with first brand launch since 2007

Hershey’s first brand launch since 2007 is a chocolate product that it claims contains 30% less fat compared to the average leading milk chocolates.

Kraft risks being left out of recycling loop after rejecting EPR call

Kraft Foods’ refusal to adopt a policy on extended producer responsibility (EPR) for its US packaging operations is likely causing millions of dollars of post-consumer waste ending up in landfill, said...

Analyst predicts food and bev winners and losers

Bernstein Research gives sales forecasts for the top 10 food and beverage companies worldwide up to 2014 with some predicted to gain shares and others to lose out.

Farley's & Sathers and Ferrara Pan seal merger

US confectioners Farley's & Sathers and the Ferrara Pan Candy Company  have reached a deal to merge the two companies to become the Ferrara Candy company.

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Kraft shareholders approve ‘Mondelez International’ name for global snacks business

Kraft Foods shareholders have approved the name Mondelez International as the new name for the company’s global snacks business after it splits into two separate companies later this year.

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Vote due on Kraft snacks name

Kraft Foods will decide tomorrow whether to change the name of its global snacks spin-off to Mondelez International in a vote at its Annual Shareholder Meeting.

Cloetta raises prices after ‘weak market’ harms sales

Swedish confectioner Cloetta has introduced price increases after its sales slowed in the first quarter (Q1) 2012.

Zetar’s nuts hit by raw material price inflation

Zetar took a 5% hit in annual group revenue after exiting from low margin core commodity sales, particularly in processed and packed nuts, at the beginning of 2012.

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Nestlé teams with Girl Scouts for limited edition Crunch bars

Nestlé has teamed-up with the Girl Scouts to create limited edition Crunch candy bars.

Zed Candy to move Oatfield confectionery to UK

Irish retro confectionery maker Zed Candy is to close its Letterkenny facility in County Donegal and transfer production of its Oatfield Sweets brand to Kettering in Northamptonshire.

CSM puts bakery supplies arm on the block to reposition as bio-ingredients firm

Ingredients supplier CSM has announced plans to sell its bakery supplies businesses and reposition itself as a bio-based ingredients company.

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Natra profits soar after operational improvements

Spanish ingredients firm Natra has upped its operating profit 71% on last year in its first quarter (Q1) results due to operational changes in its main cocoa and chocolate business.

AAK posts record high Q1 results as food ingredients segment shines

Swedish-based firm AarhusKarlshamm AB (AAK) has recorded its highest ever first quarter (Q1) results driven by its food ingredients arm and its Golden Foods/Golden Brands acquisition.

Biscuits, chocolate and developing markets drive growth for Kraft in Q1

Kraft Foods is off to a solid start to 2012 in its first quarter (Q1) results driven by sales growth in global biscuits and chocolate and strong performance in emerging markets.

Thorntons oversees positive Easter but sales still on decline

UK chocolatier Thorntons has reported a solid Easter performance in a third quarter trading update, but overall sales continue to fall.

Industry damns sucralose study at cancer conference

Research led by the controversial Italian scientist, Dr Morando Soffriti, linking the artificial sweeteners sucralose and aspartame to cancer, was presented today at the Children with Cancer science conference in...

Hershey sales up 10.7% on strong Easter and international growth

The Hershey Company has recorded growth in its first quarter (Q1) results driven by pricing, solid Easter performance and growth in international markets.

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Debt mounts for Malaysian confectionery firm Silver Bird

Malaysian firm Silver Bird Group Berhad has defaulted on loan repayments totalling almost €1.7m (RM 6.5m) for its Standard Confectionery subsidiary.

Nestlé posts 7.1% confectionery growth in Q1

Nestlé has recorded 7.1% growth for its confectionery business in its first quarter (Q1) results released today driven by emerging chocolate markets such as Latin America and Asia.

Tangerine gains license for Vimto branded Bon Bon sweets

UK firm Tangerine Confectionery has reached a licensing agreement with Vimto to manufacture Vimto Bon Bon sweets.

Hershey denies Godrej split in India

The Hershey Company has dismissed reports that it is set to sell its 51% stake in its Indian joint venture with the Godrej Group and tackle the market alone.

Kraft 2012 outlook stable in face of commodity pressures, says rating agency

Risks remain for Kraft Foods ahead of its planned split as it is squeezed by commodity costs, but it will sustain growth in 2012, according to the rating agency Standard...

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Kraft CEO Irene Rosenfeld bags $22m in 2011

Kraft Foods head Irene Rosenfeld was paid $22m in 2011, according to figures in a recent filling to the US Securities and Exchange Commission.

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