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Coca-Cola said yesterday it would shut down one of its three ingredients plants in Ireland and cut 166 people from its workforce.
A customised packaging line is designed to produce coffee capsules, a huge growth area in the market.
DSM Food Specialities has reached an agreement with Frito-Lay and Proctor & Gamble that gives it intellectual property rights to use asparaginase, the enzyme that underlies its acrylamide-reducing PreventASe preparation, in food products.
Diageo today forecast organic operating profit will increase by nine per cent in the current financial year after posting strong gains across the majority of its big brands, including Guinness.
Australian brewer Foster's has posted 4.7 per cent increase in sales to AUS$4.5bn (€2.6bn) for the full fiscal year as it continues to expand its operations outside of its core beer brands.
Cadbury's planned acquisition of the Turkey-based chewing gum manufacturer Intergum has been approved by the competition regulator, the company said today.
Premier Foods will close two of its bakery plants in the UK following lower consumer demand for bread.
In 1993, it seemed superheroes had reached their lowest peak when Superman was slain by an unstoppable monster known as "Doomsday".
Syral is set to unveil its new sales and industrial organisation in October, following the acquisition of Tate & Lyle starch assets that is currently underway, and says it will be able to respond to customers' changing sweetener demands.
In a sign of the increased emphasis being put on food safety, Royal DSM has invested in a sensor manufacturing company.
Swedish probiotic biotech company BioGaia has recorded increased sales in Europe but a downfall in the Asian market in its interim results released today.
Danone has played down fears over the safety of some of its yoghurt products as it becomes the latest European company to be hit by concerns over possible dioxin contamination in guar gum.
Cereal giant Kellogg's has released a statement in response to the Which? campaign announced earlier this week that condemned the use of superheroes in advertising to children..
Some manufacturers are deliberately 'hoodwinking' consumers over salt content, claims a new report from UK regulators that says more action needs to be taken for salt reduction targets to be met by 2010.
That all-important coffee boost sought by about 70 per cent of the UK population may be becoming a bit of a drag, with coffee related illnesses having doubled during the last four years, according to new figures released this week.
Nestle expects to significantly reduce its acquisitions spending for the foreseeable future following a hectic twelve month period of expansion.
Net sales for Sara Lee increased 7.1 per cent to $12.3bn (€9.1bn) for the fiscal year 2007 from $11.5bn (€8.5bn) the previous year, the company has said.
Dutch brewer Royal Grolsch hopes it can extend its in Australia's burgeoning imported beer market through a new distribution partnership in the country.
Cadbury last week said it will be re-launching its Wispa bar in the UK following pressure from social-networking sites.
Consumer watchdog Which? has launched a new campaign to oust cartoon characters from unhealthy snack advertising, claiming that superheros are being exploited to encourage kids to clamour for foods that are high in fat, sugar and salt.
In a sign that the UK's push to cut down on greenhouse gas emissions is working, McCain Foods has announced it will install wind turbines at its potato chip plant in the country.
Pesticide residues largely comply with legal limits, according to the results of food tests conducted by New Zealand Food Safety Authority (NZFSA) published yesterday.
Heinz's sales grew by 9 per cent in the quarter ended 2 August, the company said today in a trading statement.
Production of the powerful antioxidant astaxanthin at a plant in the UK has been called off after operating losses mounted to more than £3m (€4.4m).
The snacks industry has taken another hit this week after researchers suggest eating junk food during pregnancy and breastfeeding may lead to obese offspring.
The sports nutritional market sector is set to surpass growth expectations in the run up to 2011, hoisted up by emphasis on more mainstream consumers, according to a new report.
Wal-Mart audited 8,873 of its suppliers' factories last year, part of the giant retailer's ongoing push to portray itself as an ethical and environmentally-conscious company.
Nestle's drive to be a major health and nutrition player resulted in a strong first half fiscal performance for the company.
In a bid to take advantage of the new consumer fad for dark chocolate, Nestle has re-written its Black Magic recipes.
Masterfoods has announced plans to introduce a vegetarian labelling scheme for some of its chocolate products as of next year, but the Vegetarian Society says ingredients still do not meet its sourcing requirements.
A court in Argentina has dismissed allegations against Danone that it had engaged in unfair trade practices in the country against rival Coca-Cola.
Two former subsidiaries of Italian dairy group Parmalat have failed in their attempts to win compensation from financial institutions alleged to have played a part in its one time parent company's financial collapse.
Consumers are bombarded with an overload of nutritional advice and product marketing - be it from magazines, television shows, and product advertising - and without a degree in nutritional science, it's a wonder they can make sense of it at all.
Campbell Soup is considering selling its Godiva Chocolate business in order to focus upon its simple meals and healthier options, the company said yesterday.
Emerging markets in Europe and Asia continue to boost the global profitability of Coca-Cola's brands as two of its regional bottlers yesterday posted optimistic growth expectations for the fiscal year.
Arla Foods is to step up both the amount of payouts to its suppliers and organic production in an attempt to adapt to a rapidly changing global dairy market.
The Office of Fair Trading (OFT) has cleared international food company Associated British Foods' acquisition of Indian food manufacturer Patak's.
The sports nutrition market in Europe is set to surpass the €4bn mark by 2010 and is outstripping growth in North America, a report has said.
Private investment firm Lion Capital yesterday became the latest foreign firm to enter the burgeoning Russian fruit juice market through the acquisition of local manufacturer Nidan.
Carlsberg today lifted its fiscal earning expectations for the second time this year on the back of a stronger than expected performance during the six month period up to June 30.
Eastern Europe continues to boost the fortunes of brewer Scottish & Newcastle, driving comparable sales growth of 7.8 per cent to £2.1bn (€3bn) for the first half of the year as the company moved to offset increased input and production costs.
Dutch-based bakery supplier CSM announced today its acquisition of UK-based Kate's Cakes in a deal worth £32.5m (€48m).
Greek dairy group Vivartia has sold its entire 24 per cent stake in ice cream producer and retailer Dodoni to the National Bank of Greece Group as it continues to restructure its operations.
UK food manufacturer Bird's Eye has said it will use pollock in place of cod in some of its fish fingers as of September, in a bid to counter sustainability issues
As the dust settles on this year's IFT Food Expo 2007 in Chicago, health and wellness and food safety came through as the star performers, and drivers for the future of the industry.
Bakers in Bulgaria are predicting a 30 to 50 per cent rise in bread prices due to increased input costs, according to a recent market update.
Unilever today announced it will cut 20,000 jobs, accounting for 11 per cent of its total workforce, as part of a new "aggressive" growth strategy for its operations.
Sales of chocolate biscuits in the UK fell 17 per cent between 2001 and 2006 as consumers made the switch to healthier varieties, according to new figures.
Danone yesterday announced a major restructuring of its senior management as it continues to refocus its operations towards being a leading player in health and nutrition.
Spirits group Bacardi yesterday announced a $250m (€183m) investment into production of its Scotch whisky brands amidst increasing global demand for the drink.
Cadbury Schweppes today reported an operating profit decline of 6 per cent to £180m in the first-half of the year, particularly due to high input costs and restructuring costs.
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