Food Information for Consumers (FIC) legislation should allow manufacturers to choose whether to label ingredient origins to avoid costly, complicated and unnecessary changes, say suppliers.
Nordenia International said its 2011 full year profits of just over €100m – the second highest ever – were driven more by the passing on of price rises to customers rather than volume increases.
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.
Nestle will use price increases as a last resort in the face of rising raw material costs, says its CEO, and only after implementing its 4-point strategy based on trend predictions, engaging suppliers, replacing ingredients, and cutting down waste.
Price cutting by food retailers coupled with substantial simultaneous increases in raw materials prices has undermined profitability in the German confectionery industry over the past 12 months, but recovery in exports has served the sector well, said...
Supplying hydrocolloids requires more foresight and investment than ever before, as producers are caught in the squeeze between tight supply and growing demand, and changing functionalities, says Cargill director.
Germany's confectionery trade saw a boost in turnover in 2008 across all product segments, but higher raw material and energy costs ate into potential gains.
BASF, a major supplier of polymers and other chemicals for use in a variety of industries like consumer packaging, said that it is raising the prices for its paper and card board dispersions by up to 20 per cent with immediate effect.
Austria-based Agrana announced a revenue increase of 3 per cent in
its first three quarters, overcoming the challenges of sugar
restrictions and weather-induced crop failures.
FMC Biopolymer will again increase prices for its food ingredients
on the back of high energy and raw material costs, and the company
says it expects prices to continue rising.
Privately owned Gelnex, which pioneered the production of type A
pork skin gelatin in South America, has recently opened a beefskin
gelatin plant in Brazil. Philippa Nuttall spoke to the
company's CEO about the challenges the...
Sun Chemical has increased the price of all packaging inks and
coatings by three to seven per cent this month, blaming rising
petrochemical costs that could affect the entire packaging industry
for the next couple of years. Simon...
Building on a stronger start to the year, Germany's third largest
chemicals group reports continued growth into the second quarter
with an increase in demand pushing up sales and earnings for the
period but the firm warned that...
US food giant General Mills is to increase wholesale prices on
several categories of foods in response to rising raw materials
costs. The increase is thought to be between two to nine per cent
on selected lines.
Inspection systems manufacturer Lock has added to its metal
detector series by launching the Compact Vertical Fall, which is
said to be 25 per cent smaller than the previously available
standard systems.
