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Latest News in the food Industry

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Corbion completes 100% non-PHO transition

Corbion completes 100% non-PHO transition

16 Feb 2017

Corbion says that it is ahead of the Food and Drug Administration (FDA) deadline of removing all partially hydrogenated oils (PHOs) from food products by June 2018, having now replaced PHOs across its portfolio.

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Research: Asia prioritises healthy eating

Research: Asia prioritises healthy eating

16 Feb 2017

Consumers in Asia are far more likely to be interested in healthy eating than those in the western world, according to a new survey of people’s attitudes to diet and nutrition.

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Jungbunzlauer announces True North Non-GMO compliance

Jungbunzlauer announces True North Non-GMO compliance

16 Feb 2017

Jungbunzlauer has announced that it has obtained the certification of compliance by NSF to the “True North” Non-GMO standard for its entire product range, meaning its products may be used in NSF certified Non-GMO foods.

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Mondelēz makes solid progress

Mondelēz makes "solid progress"

15 Feb 2017

Mondelēz International has reported its 2016 results. Diluted EPS was $1.05, down 76%, due to the prior-year gain related to the coffee business transactions; adjusted EPS was $1.94, up 24% on a constant-currency basis.

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Reckitt Benckiser to acquire Mead Johnson

Reckitt Benckiser to acquire Mead Johnson

15 Feb 2017

Mead Johnson has announced that it has reached an agreement to be acquired by Reckitt Benckiser Group (RB) in a transaction valued at approximately $17.9 billion (including net debt).

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Dairy Crest makes progress

Dairy Crest makes progress

15 Feb 2017

Dairy Crest has issued an Interim Management Statement for the nine months ended 31 December 2016. The company said that the outlook for the full year remains in line with its expectations.

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Puratos acquires Diamant

Puratos acquires Diamant

14 Feb 2017

Puratos has acquired Diamant, a bakery ingredient producer in Austria, from Werhahn Group. Diamant also has a strong market presence in Poland and the Czech Republic.

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Agropur earnings grow 34.6%

Agropur earnings grow 34.6%

14 Feb 2017

Agropur Cooperative has announced what it describes as excellent financial results. Revenues for the fiscal year were nearly $6 billion. Earnings from operations grew by CAN$105.7 million or 34.6% to $411.7 million.

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Campden recruits head of regulatory affairs

Campden recruits head of regulatory affairs

14 Feb 2017

Campden BRI has recruited a new head of regulatory affairs to support the ongoing expansion of its labelling and regulatory support services, and consolidate its expansion in international regulatory affairs.

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Frutarom acquires SA flavours company

Frutarom acquires SA flavours company

13 Feb 2017

Frutarom has acquired Unique Flavors of South Africa for $6.7 million

Unique’s sales volume in the 12 months ending January 31, 2017 amounted to approx. $9 million.

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Tate & Lyle sees profits rise

Tate & Lyle sees profits rise

13 Feb 2017

Tate & Lyle has issued a trading statement for the three months ended 31 December 2016, noting that it continued to perform strongly in the third quarter with profit in constant currency ahead in both divisions.

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Study: obesity impacts immune system

Study: obesity impacts immune system

13 Feb 2017

Obesity and a diet high in fat could lead to a harmful activation of the immune system, increasing a person’s risk of heart disease, according to a study led by Queen Mary University of London (QMUL).

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