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Tate & Lyle reports 20% increase in pre-tax profit

Tate & Lyle reports 20% increase in pre-tax profit

30 May 2017

Tate & Lyle has reported a 20% increase in adjusted PBT for the financial year, with good performance and increased margins in both business divisions. The company says it saw a 5% increase in Speciality Food Ingredients adjusted operating profit to £1...

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FoodDrinkEurope calls for improved diet to promote good health

FoodDrinkEurope calls for improved diet to promote good health

30 May 2017

On the occasion of the European Business Summit, as part of a panel on “Sustainable Living: Foresights for 2050”, FoodDrinkEurope launched a Call for Action to help improve diets and promote good nutrition and health.

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OTA: US organic sales see 8.4% increase to $47 billion

OTA: US organic sales see 8.4% increase to $47 billion

30 May 2017

The American organic sector stayed on its upward trajectory in 2016, gaining new market share and shattering records, as consumers across the United States ate and used more organic products than ever before, according to the Organic Trade Association.

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Fonterra raises farmgate price, confirms earnings estimate

Fonterra raises farmgate price, confirms earnings estimate

29 May 2017

Fonterra has increased its 2016/17 forecast Farmgate Milk Price by 15 cents to NZ$6.15 per kgMS, and confirmed its forecast earnings per share range of 45 to 55 cents for the 2017 financial year based on revenues that are 8% up.

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Mintel: Italians are falling out of love with pasta

Mintel: Italians are falling out of love with pasta

29 May 2017

It seems that consumers in Italy are saying ‘Pasta La Vista’ according to, new research from Mintel which reveals that sales of pasta in Italy had a compound annual growth rate (CAGR) of -2% between 2011 and 2015.

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Symrise opens Asia-Pacific Flavor Innovation and Technology Centre

Symrise opens Asia-Pacific Flavor Innovation and Technology Centre

29 May 2017

Symrise has unveiled its new Asia-Pacific Flavor Innovation and Technology Centre. The centre marks the completion of the company’s over €30 million expansion of its regional headquarters in Singapore.

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EFSA maintains 1993 vitamin K dietary reference values

EFSA maintains 1993 vitamin K dietary reference values

26 May 2017

EFSA has set dietary reference values for vitamin K , with the Panel on Dietetic Products, Nutrition and Allergies (NDA) deciding to maintain the values established by the Scientific Committee for Food in 1993.

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Orkla licences acrylamide-reducing yeast

Orkla licences acrylamide-reducing yeast

26 May 2017

Orkla Food Ingredients has signed a licence agreement with Renaissance BioScience to exclusively produce and sell Renaissance acrylamide-reducing yeast to food manufacturers in the European Nordic and Baltic markets.

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Frutarom reports record quarter with net income up 56.9%

Frutarom reports record quarter with net income up 56.9%

26 May 2017

Frutarom has reported another record quarter, with sales growing 17.4% to $302.5 million, gross profit increasing 16.8% to $115.7 million, EBITDA up 38.6% to $55.7 million and net income rising 56.9% to $33.7 million.

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Firmenich recognised for social, environmental and ethical best practices

Firmenich recognised for social, environmental and ethical best practices

25 May 2017

Firmenich has announced that it has been recognized by the Better Society Network with its 2017 Ethical Business Award. The Better Society Network recognizes top achievers that advance social, environmental and ethical best-practices across business.

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University of Illinoisfills the gap with coloured corn

University of Illinois"fills the gap" with coloured corn

25 May 2017

Consumers today insist on all-natural everything, note researchers at the University of Illinois. Current sources of natural dyes are expensive and hard to come by. Now, a large University of Illinois project is said to be filling the gap with coloured...

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Campbell invests $10 million in e-commerce company Chef'd

Campbell invests $10 million in e-commerce company Chef'd

25 May 2017

Campbell Soup has announced a strategic partnership and investment of $10 million in Chef’d, an e-commerce meal marketplace, which the company says will help grow Campbell’s e-commerce capabilities.

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