Chocolate makers are well prepared for current cocoa deficit forecasts and will only be forced to raise prices if other inputs such transportation become costlier along with cocoa, according to the National Confectioners Association (NCA).
GEA said continuing strong demand for food processing technology meant it was “satisfied” with performance in the first quarter of 2012 even as one-off integration costs for its food solutions unit were largely responsible for its year-on-year operating...
Germany experienced a “significant increase“ in turnover for aluminium packaging across food, cosmetics and pharmaceuticals in 2010 as the sector continued its post-recession revival, said the national trade body.
Are health claims dossiers really that expensive, and has the ‘wait and see’ approach to submitting dossiers won? Stephen Daniells speaks to Joerg Gruenwald, PhD, President of Analyze & Realize, about how much it costs to compile a dossier, and why...
Rising costs and shrinking supply of sugar molasses are driving up
the cost of yeast extract production, says Bio Springer, which is
today announcing a double digit price increase for its extracts as
of next year.
Tough trading conditions in the confectionery industry have forced
UK group, Lees Foods, to look at ways of diversifying -
highlighting the tactics smaller sweet makers must adopt to ensure
their survival in an increasingly competitive...
The chairman of Kraft Foods, the world's second biggest food
company, Roger Deromedi, has launched an attack on EU and US trade
barriers that are driving up the price of commodity ingredients
such as sugar and coffee.
Prices for raw materials and energy are forecast to rise by around
five to 10 per cent this year, but Nestlé believes cost cuts will
balance the equation out, the company's chief executive said
Kraft Foods has confirmed that it is increasing prices of many of
its products in the United States by an average of 3.9 per cent
because of rising energy and packaging costs caused by higher
global oil prices.
Tate & Lyle's European food and industrial ingredients division
proposed increase of 10 to 15 per cent on new contracts for certain
products highlights again the impact of rocketing energy prices on
the ingredients market.
EU fruit and vegetable canners are concerned that major European
steel producing companies such as Arcelor, Corus, Rasselsein and
US-steel could be about to increase steel prices by 20 to 30 per
cent. Anthony Fletcher reports.
Northern Foods is facing the possibility of a rapid decline in its
biscuit profit margins as its main customers - the British
supermarket groups - seek to cut costs. The company must now decide
whether to invest in new products, or...