Economics

CME Group to introduce cocoa contract on London futures market

CME Group spills beans on new cocoa contract

By Oliver Nieburg

Futures exchange company CME Group has made a “strong commitment” in the cocoa market and plans a new contract to rival the IntercontinentalExchange Group (ICE).

Thorntons shifts focus to commercial sales after torrid 2012

Thorntons shifts focus to commercial sales after torrid 2012

By Oliver Nieburg

UK chocolatier Thorntons is to concentrate on selling its premium chocolate range through commercial channels and will also explore international markets after its earlier focus on own-store sales helped profits to slump.

Cheaper chocolate with a healthy twist could gain traction in Egypt's unstable economy, says analyst

Egypt not so tasty amid unsettled economy

By Kacey Culliney

Egypt’s confectionery market will slump over the next two years spurred by political and economic unrest, but manufacturers can create appeal with NPD of low-cost, healthier products, according to an industry expert.

Anuga FoodTec - innovation powerhouse

DISPATCHES FROM ANUGA FOODTEC

Anuga FoodTec - innovation powerhouse

By Rory Harrington

The food and beverage production industry is ramping up its innovation pipeline as a way of bucking the uncertain economic trend, Anuga FoodTec show director Peter Grothues told FoodProductionDaily.com at the event last week in Cologne, Germany.

Government is offering £600,000 to help firms get to grips with robotics

Three reasons for equipment firms to be optimistic

By Mike Stones

Stronger sales, rising reputation and technological innovation are three reasons for UK food and drink manufacturers to feel optimistic this autumn, Chris Buxton, ceo of the Processing and Packaging Machinery Association (PPMA ), tells FoodManufacture.co.uk.

Early harmonisation urged for stevia standards, methods

Dispatches from EUSTAS stevia symposium

Early harmonisation urged for stevia standards, methods

By Jess Halliday in Leuven

As the stevia industry is poised for wide take-up, harmonisation and recognition of the need for standards is crucial to securing a good reputation from the outset, according to ChromaDex CEO.

Innovation, food safety and economic pep talks in Anaheim

Dispatches from IFT

Innovation, food safety and economic pep talks in Anaheim

By The FoodNavigator team

Top prizes for innovation, stevia capacity and taste tests, food safety, and doing business in a tough economy... the FoodNavigator team shares thoughts on the opening day of the IFT trade show in Anaheim, California.

Fazer to focus on Poland

Fazer to focus on Poland

Cloetta Fazer Group, the Stockholm-listed Swedish-Finnish
confectionery group, says it is planning to tap into the huge
potential of the Poland market. According to CEO Karsten Slotte,
the company is set to play a role in the consolidation...