Mitsubishi grows food business
Mitsubishi has strengthened its foothold in the North American food market with its purchase of the ingestibles business of Dublin, Ohio based Ashland Distribution.
Archives for August 31, 2004
Bad weather could cost UK food production £1 billion
The UK government's rural adviser, Lord Haskins, has described the financial implications of this year's awful weather as being more damaging to arable farming than the 2001 foot-and-mouth outbreak was to the livestock industry.
Aarhus sees improving sales in first half
First half sales at Aarhus United fell 3 per cent, eroded by price competition in bulk oils, but improved volumes, particularly in Mexico, and reduced costs helped it generate solid operating profits.
Vegetable compound stops breast cancer cell growth
The broccoli compound sulphurophane disrupts the growth of breast cancer cells in later stages, a US team has found. They say their study reveals for the first time a possible explanation for the compound's well-known anti-cancer activity.
Hoop profits hit by costs
Polish soft drinks manufacturer Hoop, a significant player in the European soft drinks market, has announced a drop in profits for the financial year 2003 following an increase in expenditure related to the enhancement of production facilities and...
US pursues CMC dumping inquiry
The United States International Trade Commission (ITC) has decided to pursue its investigation into alleged dumping of the hydrocolloid ingredient purified carboxymethylcellulose (CMC) after an initial complaint by Aqualan, a division of the Hercules...
GPI launches new aseptic packaging system
Gold Peg International (GPI) has launched an aseptic packaging system that it claims eliminates the need for expensive refrigeration of end food products.
CampoMos 'is not in trouble'
The future of Spanish meat processor Campofrio Alimentacion's operations in central and eastern Europe has been thrown into doubt following reports that its Russian business interest, CampoMos, is about to be restructured in preparation for a sale -...
Broad welcome for dietary guidelines
Every five years the Dietary Guidelines for Americans are updated by the Department of Agriculture, and last week's offering stirred up an interesting mixture of praise and concern from the US food industry.
Hungary round-up
The news from Hungary includes the latest on the division of the Bábolna business, Kaiser Food upgrading its processing operations and Hungarian wine producers looking towards a vintage year.
Encouraging signs for Glanbia's nutritional business
Food ingredients sales at Irish dairy firm Glanbia jumped 20 per cent during the first half and lifted profits 49 per cent higher than the previous year, reported the company, which is targeting strong growth for its ingredients business under a new,...
Sales up, but costs keep Hain's income down
Natural foods group Hain Celestial Group has reported a mixed bag of results for fiscal 2004, announcing a healthy 17 percent increase in sales over the year, though net income was down on 2003.