Glanbia reports ballooning 2010 operating profit
Irish dairy and nutritionals company Glanbia has reported a 22.8 per cent increase in annual operating profit, returning the company to pre-recession earnings figures.
Archives for March 2, 2011
French firms team up for integrated stevia supply
A new joint venture for stevia between a French sugar producer, a flavour firm, and an ingredients supplier will offer manufacturers ‘leaf to spoon’ service for the sweetener.
Meat industry unruffled by government advice
The British meat industry seems completely unconcerned about the new government advice to limit red meat consumption to 70g a day, believing it will have no impact on the livelihoods of meat farmers and processors.
Sole Dutch healthy food label launched
A new healthy food logo is launching in The Netherlands, replacing the Dutch version of the Choices logo and retailer Albert Heijn’s clover logo that were previously used on products – with a new set of scientific criteria developed by an independent...
Aker’s Superba krill oil gets GRAS from independent expert panel
An independent panel of experts has determined that Aker BioMarine Antarctic’s Superba Krill Oil is generally recognized as safe (GRAS) for use in food and beverages.
Enzyme treatment may remove peanut allergens, suggests study
An enzymatic treatment process may effectively reduce allergens in roasted peanuts by up to 100 per cent, according to new research.
Closer scrutiny of US food imports promised
Exporters to the US and domestic importers can expect much closer scrutiny of their food safety controls, following the signing of the Food Safety Modernization Act by President Barack Obama in January.
Ohly acquires savory ingredients company Bakon Yeast
Yeast specialist Ohly, part of the ABF Ingredients group, has acquired the speciality savory ingredients company Bakon Yeast Inc located in Rhinelander, Wisconsin, for an undisclosed sum.
Squeeze on demand forecast for flavors market
Competition among flavor houses is likely to step up as a slower rate of growth in demand for food flavors is expected across the US market.
US regulator begins probe into Kraft takeover of Cadbury
Kraft Foods is facing another potential grilling about its takeover of Cadbury in early 2010 with the US Securities and Exchange Commission (SEC) examining its actions in relation to India under the US Foreign Corrupt Practices Act (FCPA).