Ginger giant fears profit plunge
Australian confectionery ginger giant warns of profit plunge due to intense pressure from rising dollar, a sharp turnaround from the previous guidance that profits would rise in 2003.
Archives for October 9, 2003
South African fortification becomes law
South African millers must fortify flour and maize meal with a blend of vitamins and minerals, including folic acid, following new legislation introduced this week to improve malnutrition in the country.
Festive cheer
The range of Anchor extra thick cream with alcohol from Thomas Lowndes, a subsidiary of Allied Domecq, is being relaunched this Christmas with new packaging and a new addition.
Alcoa closes the deal
Alcoa has announced that its Alcoa Closure Systems International (CSI) business is set to expand further into the $100 million dairy packaging business.
Lactalis gets motivated in the health food market
Lactalis, one of the world's largest dairy companies, has strengthened its position in the health food sector via a stake in Cema, a French company whose low-fat spread Primavere has been a great success.