Headlines > Markets
Nestlé exercises Phospha-E option
15-Jan-2007 - Nestle has exercised its option to finalise its commercial agreement with Phosphagenics over the use of Phospha-E in specialised nutrition products for metabolic syndrome.
Tate & Lyle operational Down Under
03-Jan-2007 - Tate & Lyle's new subsidiary in Australia and New Zealand is operational as of 1 January.
Tate & Lyle announces 2007 ingredients pricing rounds
18-Dec-2006 - Tate & Lyle has issued an update regarding the 2007 calendar year pricing rounds.
Danisco earnings 'progressing as planned'
15-Dec-2006 - Danisco's first half performance for 2006/7 has been 'as expected', said the company.
Ozone jet washer helps firms clean-up
12-Dec-2006 - A new power washer, using ozone mixed with cold water to decontaminate food processing premises, will reduce costs and help the environment, its manufacturer claims.
Cadbury trading on track despite bitter year
12-Dec-2006 - Weak performance in the UK combined with financial irregularities in Nigerian operations has added up to an unsettled year for global confectionery giant Cadbury Schweppes, according to a trading update announced today.
EU sugar reforms leave east in the cold, claims expert
08-Dec-2006 - Central and Eastern European sugar processors are bearing the brunt of new EU reforms due to dominant Western European companies within the industry acting in a political and not economic manner, claims an agricultural expert.
Sugar reform fails to sweeten ABF sales
05-Dec-2006 - Associated British Foods (ABF) yesterday blamed a drop in operating profits of 21 per cent to £413m (€612.9m) before on higher energy costs and instability arising from EU sugar reforms.
Buhler steps up cocoa production in Ghana
01-Dec-2006 - Supplier Buhler has boosted machinery supplies to facilities in Ghana, enabling operations in the country to not only harvest the beans but process them into cocoa butter and powder.
Consumer concerns prompt Nestlé factory closure
24-Nov-2006 - European confectionery giant Nestlé is feeling the heat from consumer worries over health and nutrition with the closure of three of the company's main facilities in France.
Sweetener distributor combines low costs and quality control
21-Nov-2006 - A new sweetener supplier in the US claims to allow food and beverage firms to access ingredient supplies from low-cost manufacturing countries while maintaining Western standards of quality and service.
Cocoa replacer firm hit by shea nut shortage
17-Nov-2006 - Scandinavian ingredients group AarhusKarlshamn (AAK) remains undeterred by a shortfall in raw materials which failed to dent stable profits.
Machines speed up bag production, manufacturer claims
14-Nov-2006 - Two different new bag making machines have been released on the market, one designed to produce large bags at high speed, while the otheris targeted at dry and frozen food manufacturers.
EU sugar reform knocks ABF
07-Nov-2006 - Associated British Foods (ABF) yesterday blamed a 21 per cent drop in operating profit on European sugar industry reform and significantly higher energy costs.
Barry Callebaut posts sweet sales
03-Nov-2006 - Swiss cocoa processor Barry Callebaut announced yesterday that, following company restructuring, profits were showing improvement, despite the cocoa market's recent instability.
Tate & Lyle hails 'excellent' ingredients performance
02-Nov-2006 - Tate & Lyle's unaudited interim results have given the firm reason to be confident that stronger growth can be expected in the near future.
Olam, ADM acquire Cameroon cocoa processor
31-Oct-2006 - Singapore-based cocoa bean supplier Olam has jointly acquired the Cameroon cocoa processor Usicam with ADM, the world's largest cocoa processor, giving both firms greater economy of scale in the African market.
Cadbury enters UK gum market
31-Oct-2006 - The world's second largest gum company, Cadbury Schweppes, is to introduce its most popular chewing gum brand into the UK market next year, putting the pressure on foremost competitor Wrigley and adding to larger firm domination in the sector.
Tate and Lyle considers sale of EU starch, sweeteners business
26-Oct-2006 - Ingredients giant Tate & Lyle is considering the sale of its Food & Industrial Ingredients, Europe (TALFIIE) division, in a move designed to sharpen its focus on value added ingredients, the firm announced yesterday.
Blackstone and PAI devour United Biscuits
26-Oct-2006 - Blackstone and PAI acquired United Biscuits (UB) from private equity firms Midocean and Civen yesterday, in a deal worth £1.6bn (€2.3bn).
Wrigley's no longer a family affair
25-Oct-2006 - For the first time in the gum maker's long history, the William Wrigley Jr Company has appointed a non-family member to take over the leadership of the global confectionery business.
Kraft reports mixed third quarter results
24-Oct-2006 - US food giant Kraft has reported third quarter net revenue growth at a modest 2.3 per cent, with European chocolate sales contributing to the upturn.
Hershey enters organic chocolate market
20-Oct-2006 - US confectionery company Hershey has extended its foothold in the premium chocolate sector with the purchase of Dagoba organic chocolate company.
Nestlé enjoys strong organic growth
19-Oct-2006 - Nestlé today said sales are up 9.1 per cent to CHF72.2bn (€45.4bn) in the first eight months of this year compared to the same period in 2005.
Sugar reforms take toll on Tate and Lyle in Central Europe
11-Oct-2006 - Ingredients giant Tate and Lyle could be set to cease its sugar processing operations in Central Europe, as producers look to lower quotas in light of new EU sugar reforms.
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