MGPI narrows loss, aims to ease corn cost impact
Corn costs continued to hit MGP Ingredients’ results in the second quarter, although it narrowed its loss from $10.3m a year ago to $850,000.
Archives for August 9, 2012
Molson Coors to launch Carling in Central Europe via StarBev business?
Molson Coors CEO Peter Swinburn says the company is scoping the possibility of extending its best-selling Carling brand to central European regions covered by $3.4bn acquisition StarBev.
Meat behind drop in profits for Cargill
US processing giant Cargill has reported another profit plunge, with fourth-quarter and fiscal 2012 earnings below company expectations.
Fonterra gets tanked up: Firm invests $45m in new tankers
Fonterra is spending $45m to upgrade and expand its milk tanker fleet in New Zealand, the cooperative has revealed.
Special edition: Meat Alternatives
Meating the demand: The future of meat replacement proteins
With demand for meat replacement proteins set to rocket, industry is left with the conundrum: how to meet the requirements? In this special edition article, FoodNavigator looks at some of the solutions that could pave the way for future generations of...
Eco-labels could 'overwhelm' consumers - study
The number of eco-labels seems to be bamboozling consumers and the trade, according to joint research by the International Institute for Management Development and the Ecole Polytechnique de Lausanne.
Nestlé results fall out: analysts comment
Analysts raised warnings about aspects of Nestlé's half year results, which were announced yesterday, while broadly welcoming them.
Chinese drinks firm partners Nottingham University
Chinese soft drinks manufacturer Wahaha has signed a deal with the UK’s Nottingham University to collaborate on research and development covering areas including bioenergy, food technology and electric motors.
New Canadian guidelines target single food inspection system
The Canadian government has released draft guidelines for improvements to the food safety inspection system, including a single, consistent approach to all food commodities, whether Canadian or imported.
Post cereals takes hit to profits; fears 2013 grain inflation
US cereal firm Post Holdings has reported a 5% fall in profits in its third quarter (Q3) results and fears ingredients cost inflation in 2013.