Archives for August 5, 2009

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Calls for supplier relations watchdog; retailers disagree

By Jess Halliday

The UK’s Competition Commission is asking government to establish an ombudsman to arbitrate in disputes between retailers and suppliers, as retailers have declined to act and the Commission does not have the power to do so itself.

Lallemand acquires Wisconsin-based yeast company

By Caroline Scott-Thomas

Lallemand Bio-Ingredients said on Wednesday that it has completed its acquisition of the Wisconsin-based Lake States Yeast Company, in a move which marks its first entry into inactivated torula yeast.

Naturex buys Natraceutical to form botanicals giant

By Shane Starling

Naturex has succeeded in its stated ambition to become the world’s biggest independent botanicals extracts supplier by striking a deal that brings on-board the ingredients division of Spanish company, Natraceutical.

Senomyx sees Q2 slump, enters new royalties deal

By Caroline Scott-Thomas

Senomyx revenues fell by 17 percent in the second quarter of 2009 compared to the same period last year, primarily due to a 2007 payment from Ajinomoto that bolstered previous revenue, the company said.

Senate approves $125bn FDA, USDA budget

By Caroline Scott-Thomas

The US Senate has approved a $125bn budget for the Food and Drug Administration (FDA) and the US Department of Agriculture (USDA), which includes extra funding for food safety as well as farming subsidies.

Enzymes help post-merger cost reduction, Novozymes

By Jess Halliday

Enzymes can help reduce costs and increase productivity for brewers in the wake of a merger or acquisition, says Novozymes, which has a pipeline of new solutions nearing launch.