Nestlé first half results: Pros and cons
Europe and North America were the worst performing regions for Nestlé according to its first half (H1) results, while Asia, Oceania, Africa and emerging markets delivered double digit growth.
Archives for August 8, 2012
Special edition: Meat alternatives
What’s new in the meat-free market?
Meat-free burgers, sausages, and other meat analog products have come a long way in recent years, but there is still room for improvement in texture and taste, as companies continue to strive for more meat-like attributes – and a bite of the meat-free...
Brazil cited as a leading poultry exporter
A detailed report looking at the impact of Brazil’s agricultural impact on third-country markets has been published, highlighting Brazil as a leading poultry exporter.
US senators step into corn ethanol debate
A bipartisan group of US senators has called on the Environmental Protection Agency (EPA) to help the meat industry cope with drought conditions by adjusting the corn-ethanol mandate for the Renewable Fuel Standard (RFS).
3M software boosts contamination detection
3M Food Safety has upgraded its Hygiene Monitoring System to improve identification of cleanliness and sanitation programs for the food and beverage industry.
Hong Kong to test babies over Japanese infant formula concerns
Hong Kong plans to test babies over concerns two brands of Japanese infant milk formula were iodine-deficient.
Becoming a Japanese energy drink Monster isn’t easy…
Monster Beverage Corporation admits its Q2 brand launch in Japan has hit problems, but said the nation’s distributors and retailers were far less tolerant of shipping damages and leakages than in the US.
Harvard scientists’ breakthrough could stop biofilm formation
Harvard scientists have developed a coating to prevent biofilms forming in food processing machinery and on surfaces by tricking bacteria into thinking there is nowhere for it to attach and grow.
Re-formulated Nestlé infant formula tested after consumer complaints
Nestlé Australia has ordered tests on its recently re-formulated Nestlé NAN H.A. 1 Gold infant formula after it received a number of complaints from parents that the 'new, improved' product was making their children ill.
PepsiCo set to fizz again on Burmese market after 15 year absence
PepsiCo has signed an agreement with Diamond Star to distribute its beverage brands in Burma, granting the latter exclusive rights to sell and distribute the Pepsi Cola, 7-Up and Miranda brands in the country.
Cargill full year earnings ‘not up to expectations’: CEO
Cargill has reported an 82% slump in profit for the fourth quarter and a 56% drop for the fiscal year, citing cyclical trends in soybean processing and American beef, as well as wider economic and political factors.
Food price crisis could spread famine
Relentless food price increases threaten to tip many more people into famine, according to global charity Oxfam.
Special edition: Meat Alternatives
Industry must improve long term acceptance of meat analogues, say researchers
Consumer acceptance of meat analogues can be increased through repeated exposures to products containing substitute meat proteins, but industry must work to improve quality and establish initial positive experiences, say researchers.
Symrise tastes sales growth in first half results
Symrise’s flavour and nutrition division nailed an increase in sales in the first half (H1) of 2012, driven by performance in emerging markets and increasing sales with major customers.
Ralcorp consolidates three units as profits slump
North American private label firm Ralcorp has announced plans to merge three of its four business units after it suffered a 9% fall in third quarter (Q3) results.
White House responds to ‘historic’ drought with $30m disaster aid
The worst drought to hit the United States in half a century is having dramatic effects on crop and livestock production, President Obama said in a White House briefing Tuesday, in which he called on Congress to pass a Farm Bill that includes more...
Australian drinks industry: Container tax is not skewing prices
The Australian beverage industry has come out strongly against claims made by an environmental lobby group that drink makers are benefiting from a newly introduced ‘container tax.’