San Miguel, the Philippines food and beverage group, has trumped a
rival bid from Fonterra, the world's biggest dairy exporter, to buy
Australia's National Foods, Tom Armitage reports.
Russian natural sauce producer Sostra believes a high quality
production technique called 'hot bottling' has led directly to the
success of its expanded premium product range, yet high pricing may
still deter consumers,...
ICI subsidiary National Starch is the latest ingredients firm to
drive into the soaring Chinese food market, unveiling a new
technical centre adjacent to its recently opened production plant,
writes Lindsey Partos.
Tetra Pak has developed a flexible new packaging concept to help
liquid dairy producers achieve cost-effective processing and better
brand recognition.
Evidence backing the antioxidant powers of natural cocoa could
bring new opportunities for confectionery firms looking to boost
slacking sales in a saturated market, reports Lindsey Partos
.
Cereal makers have a major hold on the heart health foods market
but new ingredients will help other sectors tap into strong
consumer demand for these products, writes Dominique Patton.
High taxes on raw materials and soaring energy costs are severely
hampering progress in Russia's ice cream industry, according to one
industry body which is campaigning for government intervention. Yet
consolidation and tighter...
A 30 to 35 percent increase in milk prices caused Lifeway Foods'
operating profit to dip more than $0.5 million for full year 2004
on the previous year, despite a 9.7 percent increase in sales of
its probiotic dairy drinks, known...
Scientists have successfully developed and tested a hybrid wheat
breed that could at least double China's present per-hectare yield,
according to the China Daily.
Global labelling rules for genetically modified food ingredients as
well as trans fatty acid labels are on the agenda at an upcoming
Codex meeting in Malaysia.
New Zealand dairy co-operative Fonterra, currently involved in a
bidding war for Australia's National Foods, has been told by the
Australian Takeovers Panel to issue a supplementary bidder's
statement about its possible...
Parmalat, the bankrupt Italian dairy group, has had its proposal to
relist on the Italian stock exchange rebuffed, after Italian stock
market regulator Consob raised questions yesterday over its future
restructuring plans, Tom Armitage...