Sun sets in East: Emerging markets deliver for Nestle in 2011
Food giant Nestle has recorded modest growth in 2011 driven by strong performance in China and other emerging markets leading its CEO to say wealth potential is moving from West to East.
Archives for February 16, 2012
Paperwork and costs reduced with new EU and US organic trade deal
A new organic trade deal between the EU and the US will eliminate much of the costs for producers, particularly small and medium scale firms, looking to leverage both markets, claim trade groups.
Ralcorp ups the ante in row with PepsiCo over Frito-Lay Tostitos Scoops
Branded snacks giant Frito-Lay and store-brand specialist Ralcorp have become embroiled in a legal battle over corn chips designed to scoop up salsa and dips.
McDonald’s US pledges to phase out sow stalls
Fast-food giant McDonald’s has announced its decision to ask US pork suppliers to eliminate gestation crates for sows.
Intertek Cantox tackles regulatory hurdles in China
Global consultancy firm Intertek Cantox International has expanded its food regulatory services in Asia with a new office in Beijing dedicated to assisting food ingredient manufacturers conform to regulatory requirements and enter the Chinese marketplace.
Botswana hopes to lift EU beef export ban
The Botswana government claims it is fulfilling demands made by the European Union (EU) to improve livestock disease controls in the face of foot-and-mouth disease (FMD) outbreaks, and hopes an EU beef import ban will soon be lifted.
Self-affirmed GRAS under fire as AHA steps up sodium reduction campaign
There are serious weaknesses in the system that allows firms to self-affirm the safety of foods without the approval or knowledge of the Food and Drug Administration (FDA), according to the American Heart Association (AHA).
Kellogg becomes #2 global snacks firm with Pringles buy; analysts react
Kellogg’s $2.7bn deal to acquire Procter & Gamble’s Pringles will significantly boost its global snacks presence and open existing products up to new markets, according to analysts.
Cantaloupe listeria scare still affecting US recalls - ExpertRECALL
The 2011 cantaloupe-related Listeria outbreak has continued to effect food recalls across the US, with a 50% increase in the number of recalls in the fourth quarter of 2011 compared with Q3.
NZ High Court blocks Chinese Crafar buy-out (for now)
A High Court in New Zealand has blocked the government-backed sale of Crafar Dairy Farms to China-based Shanghai Pengxin Group for NZ$210m.
Chinese omega-3 supplier joins GOED
Chinese ingredients supplier Fenchem has joined the global omega-3 association GOED after including fish oil ingredients in its product portfolio just a year ago.
UK and Italy join forces against CAP reform
The National Farmers’ Union of England and Wales (NFU) and Italy’s Confederazione Nazionale Coldiretti are working together to ensure the EU’s Common Agricultural Policy (CAP) reform benefit farmers in both countries.
UK halal plant targets export market
A halal food plant that aims to supply meat to Muslim consumers across Europe has received approval and funding from the UK agriculture ministry (Defra).
Major strides in fat reduction claimed as algae-based flour released onto EU market
An algae-based flour targeted at fat reduction in foods, the first product to emerge from a joint venture between French food ingredients giant Roquette and Californian microalgae expert Solazyme, has just been released onto the European market.
FSIS reiterates foodborne outbreak reduction promise despite funding cuts
Federal food safety and inspection funding is set to be cut by nearly $10m, in a second wave of money saving measures by the US Department of Agriculture (USDA).
FSA chief executive Smith extends stay as head of agency
UK Food Standards Agency (FSA) chief executive Tim Smith has agreed to extend his stay as head of the organisation until the end of October 2012.
Cyclodextrins may boost flavour of goat’s milk products
The addition of cyclodextrins to products made from goat’s milk could help mask ‘goaty’ flavour notes, leaving consumers more able to benefit from the nutritional advantages of such products without compromising on taste, say researchers.
Cereal based yogurt-like product offers prospect of extended vegetarian range
A fermented yogurt-like product formulated from cereal, soy flour and grape may have a texture and sensory profile like its dairy equivalent, but offer a vegan option for consumers, suggests new research.
Calls for a ban on gutkha in India increase
Calls for a ban on gutkha in India have intensified after a recent spree of inspections by a food safety watchdog found traces of toxins in samples.
Goodman Fielder net profits drop 77% as it refines operations
The Australian food giant Goodman Fielder faced another quarter of declining profits and revenues even as the company prepares to sell assets in both Australia and New Zealand.