Archives for September 13, 2011

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Touchi novel foods approval becomes EU law

The European Food Safety Authority (EFSA) novel foods approval for the fermented black bean extract called Touchi has been writ into law by the European Commission.

Wild Flavors to acquire mint specialist A.M. Todd

By Caroline Scott-Thomas

Wild Flavors has said it will acquire certain assets of natural mint flavor specialist A.M. Todd Group to allow it to expand into new markets and better respond to its customers’ demands.

Nestlé invests in Asia expansion strategy

By Kacey Culliney

Nestlé is investing a total of $320m in expansion projects in Indonesia and Thailand in an effort to target health conscious consumers in Asia, the company said.

Nestlé battles Kraft to retain global hot drink dominance

By Ben Bouckley

Despite its status as the world’s largest hot drinks manufacturer, Nestlé faces a tough battle for global dominance with Kraft in coffee due to the rising popularity of fresh coffee, according to Euromonitor International.