The company yesterday posted its performance for the three months to July 31 2008, which revealed a 12 percent increase in product sales to $83.5m compared to the same period last year.
In the third part of a series on omega-3, NutraIngredients examines the supply for the three major sources of the nutritional lipid: fish oils, algal oils and plant oils.
Archer Daniels Midland has signed an agreement to acquire a rapeseed crushing plant in southern Germany – its first in Central and Eastern Europe region.
Swiss supplier Lonza has turned in a healthy first half performance with its Life Science Ingredients division that includes L-carnitine, vitamin K and nicotinates performing above expectation.
The soaring price of vegetables is having a knock-on effect on the price of fish oils used by the nutrition industry, says Croda Heath Care, which today announced a double-digit increase in the price of its Incromega range.
Bunge has announced the signature of a definitive agreement to
acquire Corn Products International for around $4.8bn, a major deal
that plunges it into the high-potential sweeteners market.
A three-pronged approach including stepping up scientific research
and embracing innovative technology will help combat new food
challenges, says US secretary of agriculture, Ed Schafer.
NutraCea has received approval from the US Department of
Agriculture (USDA) to supply stabilized rice bran as an enhancer
for pulverized meat and poultry products.
Stability in a range of food and beverage formats and a nutritional
payload that includes omega-3, 6 and 9 oils as well as antioxidants
are being pushed for a cranberry seed oil recently granted GRAS
status.
Danish dairy group Arla Foods is increasing its investment in
Argentina by a further US$10 million to boost its processing
capacity and target new markets.
Ingredients firm Cargill yesterday completed the expansion of its
Polish wheat processing facility, designed to meet consumer demand
across the European bloc.
The European Food Safety Authority (EFSA) says that the growing use
of antimicrobial agents in food could be damaging human resistance
to bacteria and other microbes.
The UK National Farmer's Union (NFU) has hit out at 'fashionable'
environmental criticisms of dairy and other livestock-based farming
it claims are based on outdated exaggerations.
The UK Food Standards Agency (FSA) has appointed the Central
Science Laboratory (CSL) as the central UK, expert body on
contaminants in food, to help and advise the Agency across a range
of food contaminant issues.
Starch from grass pea could be an alternative to chemically
modified starch for the food industry, says a new study from Poland
that assessed its rheological properties.
Dutch ingredients supplier DSM has jacked up the price of
vitamin A by 10 per cent in response to "sharp" energy,
raw materials and transportation cost increases.
The use of biomass for fuel should not jeopardise the food supply,
EuropaBio has proclaimed, but more European investment is needed in
second generation technology that does not compete with food
sources.
Arla Foods is expanding its capacity of whey protein concentrates
through an agreement with Norwegian dairy firm TINE, under which it
will sell WPC produced as a by-product of TINE's cheese production.
The unstable political situation surrounding the cultivation of
genetically modified (GM) crops is restricting university research
and pushing small companies out of the arena, thereby restricting
competition, said a GM expert.
New legislation passed in Germany on Friday has paved the way for
increased biotech innovation and easier cultivation of genetically
modified (GM) crops.
Organic milk production in the EU market could become increasingly
constrained during 2008, as rising feed costs are forcing some
farmers to quit the market, says an industry expert.
The Danish manufacturer of processing equipment Upfront
Chromatography is commercialising its technology for the production
of vegetable proteins on the back of a successful launch with
Solanic.
Dairy co-operative Arla Foods continues to expand beyond its native
European market by stepping up investment in Argentina for
the production of whey powders.
The UK regulator this week released industry guidance on a
regulation due to come into force 14 December, which impose
higher fees on companies that fail to follow food safety
rules.
Enzymatic modification of protein from canola could enhance the
gelling properties of the canola protein isolate, and boost its
potential as a food ingredient, suggests a new study from Canada.
The Soil Association has declared the elimination of synthetic
antioxidants in its certified organic fish feeds, giving a new
layer of assurance to consumers who wish to purchase organic
produce.
DSM Nutritional Product has released specifics on its price
increases for vitamin E, which have resulted from the rising cost
of raw materials, energy and transportation.
Nearly all the milk, dairy products and pork in the UK are produced
from animals fed on genetically modified (GM) crops, and none are
labelled, according to a study by an organic lobby group.
ADM has launched a new line of soya proteins for use in place
of expensive dairy ingredients or to extend milk supply, in the
light of high prices that caused manufacturers' costs to escalate
this year.
DSM Venturing has stumped up part of a $12m investment round in US
probiotics company Ganeden, which it expects will help it establish
a presence in a fast-evolving area of nutrition.
The decision on whether to force Austria to lift its national ban
on genetically modified maize now lies in the hands of the European
Commission, after EU environment ministers failed to agree at last
week's Council meeting.
DSM Nutritional Products has said it will put the price of vitamin
E it supplies up by 10 per cent globally, in the wake of "sharp
increases" in raw materials.
The ability of fructooligosaccharides (FOS) to beneficially boost
gut health has received a significant boost as two studies report
the prebiotic efficacy of the ingredient.
The UK has revised its regulatory guidance on food safety,
traceability, and recalls in a bid to help processors lower the
cost of complying with EU regulations.
Cargill is to move towards full ownership of a leading grain and
oilseeds firm in Hungary, as the US agricultural giant continues
its strategy of expanding its presence in Central and Eastern
Europe.
The European Food Safety Authority's (EFSA) GMO panel has no safety concerns after reviewing data from French scientists suggesting toxicity concerns in rats fed the MON863 variety of GM maize from Monsanto.
Tougher measures against illegal dyes and a more harmonised
criteria for detecting pathogens have led to a 5 per cent drop in
EU food safety alerts, the European Commission said yesterday.
Fungal species of Rhizopus could offer a valuable alternative
source for lactic acid production, with significant advantages over
bacterial production, says a new review from Australia.
Israeli's Algatechnologies is considering ways to extend its
business beyond astaxanthin. It is investigating opportunities to
derive other nutritional ingredients and biofuel from microalgae.
Retail meat from pigs, chickens and other livestock could be
infected with a "superbug" strain of methicillin-resistant
Staphylococcus aureus (MRSA), according to a UK study released
today.