Choline maker and encapsulates supplier Balchem reported a strong
30 per cent increase in sales for 2002 this week, thanks to growth
in both its core units. The global company also saw a 45 per cent
increase in its net income to $7.4...
Encapsulates company Balchem reported a 30 per cent increase in
sales for 2002 this week, up to $60.2 million. Growth in both its
core units also brought a 45 per cent increase in its net income to
$7.4 million, the Baltimore-based...
The whole infrastructure of European egg production will be
decimated ifcurrent legislation to improve animal welfare is
allowed to passunhindered into European law, without protection
against importsproduced to lower standards.
Roche has completed its previously announced exit from the vitamins
business, signing a contract yesterday with Dutch speciality
chemicals group DSM, the new owner of its vitamins and carotenoids
unit. Roche added that it has also...
Finland's Raisio Group today reported consolidated sales in 2002 of
€843.1 million, up 2.5 per cent on last year, thanks largely to
good sales in the Life Sciences unit, which makes
cholesterol-lowering ingredient Benecol.
The European Food Safety Authority (EFSA) is slowly taking form -
several months behind schedule - with the announcement this week
that it is currently on the look out for scientists to join its
scientific committee and scientific...
Food ingredients giant Cargill this week reported $319 million in
earnings from continuing operations for the 2003 second quarter, a
25 per cent rise on last year's figure of $256 million. The
company's net income for the...
Two of the biggest names in US agriculture have joined forces to
create a new company focused on speciality ingredients, in
particular soy proteins and lecithins. DuPont will control the
company, dubbed Solae, with Bunge taking a...
The board of directors for the National Food Processors Association
in the US has approved a position on the use of food crops for
production of plant-made pharmaceuticals (PMP) and industrial
compounds. Undoubtedly the move will...
In the US, Bion Environmental Technologies and the California
Agricultural Technology Institute will work together to assess the
performance of a Bion NMS dairy waste treatment system.
With the aim of improving scientific understanding in the European
Union, in November this year Brussels witnessed the launch of one
of the biggest research programmes in the world - the Sixth
Framework Programme (FP6). A slice of...
With falling livestock numbers across Europe, feed antioxidant
manufacturers are suffering from lower volumes and lower prices -
causing them to look at the natural antioxidant market in an effort
to increase revenues. The category...
European ministers have reached a political agreement on
genetically modified foods and feed, paving the way towards some of
the toughest legislation on GMOs in the world. Although a supporter
of GM labelling, the European food industry...
Swedish company Biacore is currently leading the way in global food
safety testing solutions. FoodProductionDaily.com spoke to
company vice-president Esa Stenberg to find out about the
latest developments in its food safety testing...
Food manufacturers could be hit by a global shortage of grain and
wheat supplies, as harvest forecasts for the 2002-03 season look
increasingly unfavourable. With global stocks being eaten away,
what remains to be seen is how much...
Food and biotechnology industries in the US breathed a collective
sigh of relief this week as the voters of the US state of Oregon
voiced a resounding 'no' to Measure 27, an initiative that would
have required labels on...
German chemicals group BASF said this week that while on schedule
with its expansion of vitamin E production, first announced in
2001, it was anticipating supply bottlenecks at its Ludwigshafen
plant between now and April next year.
A new study supported by the US National Cancer Research body is
set to investigate recent concerns that a growth promoter widely
used in the US cattle industry could be linked to an increase in
the risk of breast cancer.
The US has complained to the World Trade Organisation about the
recent decision in the EU to tighten the labelling restrictions for
GM products, increasing the likelihood of a new trade war between
the two blocs, warns Friends of...
American food companies expanded their foothold in Cuba's long
forbidden market last week, advocating normal business ties with
the communist-run island.
Greencore, the Irish ingredients and food producer, is predicting a
decline in its net debt for 2002 as its core operations continue to
improve despite continued difficulties in its ambient grocery
division.
EU committee backs Commission proposals to reverse enforced testing
of fish products from China. In March this year Member States
blocked certain Chinese products over fears of banned antibiotic
chloramphenicol.
The European Union Commission has given the go ahead for US-based
Bunge to buy a 55 per cent stake in French competitor Cereol , in a
move that gives the company key production facilities in Europe and
creates the world's largest...
The European Food Safety Authority finally started work this week,
but despite the hype it still has no permanent headquarters and no
executive director.
Rice grains with less phytic acid could mean improved nutrition for
the world's malnourished, more nutritious animal feed and less
potential for water pollution from manure, reports the US
Agricultural Research Service (ARS)...
In autumn 2002 chemical giant BASF will suspend lysine production
for a total of six weeks in Gunsan, Korea as the company integrates
new vitamin manufacturing features.
Malaysian plantation group IOI Corp is buying the Unilever group's
speciality oils and fats division for RM814 million (€218.5m), a
move that will give it an instant market presence and manufacturing
facilities in Europe, North...
Japanese seasoning producer Ajinomoto said on Monday that it is to
double its Brazilian unit's annual production of amino acid-based
Lysine for animal feed products by the end of 2004.
Uni-President Enterprises, Taiwan's largest food conglomerate, is
planning to invest in a multimillion-dollar integrated flour
milling facility in the Philippines, according to a report in the
Philippine Daily Inquirer.
Pilgrim's Pride, the US-based poultry producer, has announced that
following an outbreak of flu that decimated its stocks and
subsequent disappointing financial results, it is to consolidate a
number of its processing operations.
The European Union said on Tuesday it was investigating a growing
food scare in several member nations surrounding the discovery of
synthetic hormones in soft drinks and pork products.
Dairy Park, LLC - a subsidiary of Bion Environmental Technologies -
has entered into an agreement with investors Dr. Michael McCloskey
and Timothy den Dulk to develop, own and operate a number of large
dairy facilities in the US.
Arla Foods of Arhus, Denmark, through its subsidiary Medipharm,
Sweden, and Triple "F", of Des Moines, Iowa have announced a
restructuring of their partnership Medipharm USA.
Chemical giant BASF Corporation is to pay more than $17 million to
Farmland Industries, the bankrupt US farmer-owned co-operative, to
settle a vitamin price-fixing lawsuit, according to court papers.
The fate of a significant part of this year's UK pea harvest hung
in the balance this week after one of the biggest pea processing
factories in Britain closed with the loss of 320 jobs, reports the
Financial Times.
Germany tries to reassure its trading partners of the safety of its
organic foodstuffs amid fears that the European Commission is
planning to ban them because of the nitrofen contamination scare.
An advisory committee to the European Parliament has ruled that
draft rules on the labelling of genetically modified foods should
be toughened, to the delight of anti-GM campaigners throughout the
Union.
A new report presented to the US Congress has claimed that the EU
and other countries which have imposed bans on GM products because
of public health concerns are acting irrationally.
Consumers need clear information about genetically modified (GM)
food, but tough European Commission proposals planning compulsory
labels for all food products made from gene crops are unworkable, a
UK parliamentary report said.
Genetically modified foods pose no greater health risk than
conventional foods, but the US government should scrutinise more
closely the safety of new biotech products, the investigative arm
of Congress has said.
San Miguel Pure Foods Co . Inc., the processed meat and poultry
unit of conglomerate San Miguel Corp., said Thursday that it plans
to spend 3 billion pesos (€6.5million) to expand its facilities
this year, optimistic of its growth...
First quarter sales at pharmaceutical giant Roche were up 5 per
cent in Swiss franc terms to SFr7.4 billion (€5m), with good
performances from the group's other divisions more than offsetting
a decline at the vitamins arm.
US food company Cargill, the new owner of French starch
manufacturer Cerestar, reported $161 million (€182m) in earnings
for the third quarter ended February 28, up 63 per cent from $99
million earned in the same period a year ago.
In a rare interview , Cargill, the US food group, spoke to Laurent
Flallo from Les Echos, and set out the rationale behind its
recent acquisition, the biggest in the company's 137-year history,
of French starch company Cerestar.
Japanese firm guarantees products are free of ethoxyquin, a
chemical preservative not permitted in human foodstuffs, following
last week's voluntary recall.
The American Association of Cereal Chemists, a group that evolved
out of the need to create standardised methodology for the cereal
grains industry, is to expand to include the growing field of
pulses/legumes.
