Selling off brands may not solve Premier Foods’ woes
The latest profit warning from Premier Foods has prompted more speculation about a sell-off of some of its brands.
The latest profit warning from Premier Foods has prompted more speculation about a sell-off of some of its brands.
An extension to its existing Geltec range allows for egg substitution in the manufacture of mayonnaise, and could help producers offset expected liquid egg price hikes next year, says UK supplier Fayrefield FoodTec.
There has been a slight decline in global food prices in September but world cereal markets are set to remain tight, said the FAO in its latest evaluation of crop prospects and the global food production.
Ralcorp confirmed this week it had closed the $545m deal to buy Sara Lee’s Refrigerated Dough Business.
The Ferrero Group and The Hershey Company have announced a partnership under which they will share North American supply chain processes in order to reduce costs and carbon emissions.
A new sheep industry initiative will see the New Zealand lamb industry step into the premium meat markets worldwide much on the lines of Japan’s famous Wagyu beef.
The Canadian government has put forward a proposal for energy drinks to be regulated as foods rather than as natural health products, which could see a raft of new labeling and formulation requirements for energy drinks in Canada.
Dietary fructooligosaccharides – carbohydrates with established prebiotic activity – may suppress high-fat diet-induced body fat accumulation, and inhibit intestinal absorption of dietary fats, say researchers.
Maple Leaf Foods has opened a new commercial bakery it claims is the largest in Canada. The Canadian packaged food company has spent $100 million on creating the 385,000 sq ft facility, which is situated in the Red Hill Business Park in Hamilton, Ontario.
Kraft Foods has moved to reassure customers, despite admitting that its food safety systems did not detect the potential contamination of cheese-containing products with wire bristles in 2 US factories.
The European food industry wants to be more transparent in terms of its use of nanotechnology but is constrained by commercial sensitivity, claims a speaker at a Brussels seminar to address criticism of secrecy over nanotech.
GLG Life Tech Corporation (GLG) claims it has made a ‘strong impact’ on the ready-to-drink (RTD) tea market in China, despite serious production issues in the third quarter of 2011 and warmer weather that hit consumer demand.
Food sorting machinery specialist Belgian Electronic Sorting Company (Best) says it plans to target the Asian market following the opening of its fourth ‘sorting solution centre’.