Continuing moves into new segments of the confectionery market have
helped US gum maker Wrigley end 2004 with record sales and profits.
And the acquisition of Spain's Joyco, with strong market shares in
India and China, should...
Widespread procurement and more than 100 years in business help
French hydrocolloid producer Colloides Naturels International (CNI)
assure supplies for gum arabic amid global shortfalls in stock,
writes Lindsey Partos.
Rumours that Kraft Foods was mulling the sale of its sugar
confectionery business have been circulating for a month or so, and
were this week proved to be correct when gum maker Wrigley
confirmed that it would be buying the Altoids,...
Clearing up any confusion over food labels, US food authorities
have given the green light for food ingredients firms to use
ethanol in precipitating food grade xanthan gum and to still allow
the ingredient to keep the 'xanthan'...
The takeover of Spanish confectionery group Joyco earlier this year
continued to lift sales at gum giant Wrigley in the third quarter
of the year. Joyco's business in Asia, in particular, has helped
improve Wrigley's standing...
Flagging consumer interest in Wrigley's Eclipse Flash dissolvable
breath strip product has prompted the US confectioner to shut down
production facilities in the US and shift manufacturing to Europe,
where, it seems, consumers...
A new gum tax in Ireland proposed to help street cleaning could add
5 to 10 cents to the price of a packet of gum, potentially curbing
growth in a chewing gum market which has been revitalised by sales
of healthy and oral hygiene...
Family-owned US firm JM Huber has become the number one pectin,
xanthan gum and CMC supplier after yesterday agreeing to buy
leading hydrocolloid firm CP Kelco from merchant bank Lehman
Brothers, reports Lindsey Partos.
Three companies have announced a technology that allows the deposit
gum bases and incorporate gums into candies and lollipops, which is
said to provide new opportunities for the confectionery industry.
Ireland is considering tough new proposals on waste management and
recyling, including a programme to target the management of chewing
gum waste - a move that could effect confectionery manufacturers
Growing through international expansion, chewing gum giant Wm.
Wrigley Jr has closed on a €215 million deal to acquire the Joyco
gum and confectionery businesses from Agrolimen, a privately-held
Spanish food conglomerate. The acquisition...
Is Big Red the next functional food fad? Scientists in the US claim
the natural flavours found in the chewing gum brand manufactured by
gum giant Wrigley's could beat the bacteria that causes bad breath.