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Latest News in the food Industry

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Givaudan sales rise 5.8%

Givaudan sales rise 5.8%

18 Apr 2016

In the first three months of 2016, Givaudan recorded sales of CHF1,152 million, an increase of 5.8% on a like for like basis, and 5.6% in Swiss francs compared to the previous year.

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MGP promotes protein

MGP promotes protein

18 Apr 2016

According to MGP, food with increased protein content is attracting many health-conscious consumers, and the company says its portfolio of specialty proteins helps food manufacturers address consumers’ desire for protein-enriched diets.

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CHS income plunges 50%

CHS income plunges 50%

15 Apr 2016

Farmer-owned cooperative CHS has reported net income of $235.5 million for the first six months of its 2016 fiscal year, reflecting a 50 percent decline from net income of $471.5 million for the first six months of fiscal 2015

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Premier: McCormick walks away

Premier: McCormick walks away

14 Apr 2016

McCormick has announced that it does not intend to make an offer for Premier Foods. Premier Foods shares fell 30% on the news.

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EFSA pronounces on benzoates

EFSA pronounces on benzoates

13 Apr 2016

The EFSA Panel on Food Additives and Nutrient Sources added to Food (ANS) was asked to deliver a scientific opinion re-evaluating benzoic acid (E 210), sodium benzoate (E 211), potassium benzoate (E 212) and calcium benzoate (E 213).

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Ingredients sweeten Cargill performance

Ingredients sweeten Cargill performance

13 Apr 2016

Cargill has reported financial results for the fiscal 2016 third quarter and first nine months ended Feb. 29, 2016. Adjusted operating earnings rose 13% to $476 million in the third quarter, compared with $421 million in the year-ago period.

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Chr. Hansen raises outlook

Chr. Hansen raises outlook

13 Apr 2016

Chr. Hansen has reported strong organic revenue growth of 13% in the first half of 2015/16, with Food Cultures & Enzymes up 13%, Health & Nutrition up 2% and Natural Colours up 22%.

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Frutarom opens new Jo'burg centre

Frutarom opens new Jo'burg centre

13 Apr 2016

Frutarom is to open a centre for research and development, innovation, laboratories, sales and marketing, and production in Johannesburg, South Africa which it says constitutes a significant reinforcement for its existing activity in Africa.

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CSPI reports 4% sodium reduction

CSPI reports 4% sodium reduction

11 Apr 2016

A market basket survey by CSPI (the US Center for Science in the Public Interest) of 451 packaged and restaurant foods posted a slight 4% reduction in sodium over a 10-year period.

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FAO issues first forecast

FAO issues first forecast

11 Apr 2016

World cereal production in 2016 is set to amount to 2 521 million tonnes, just 0.2% off last year's large output and the third-highest global performance on record, according to FAO's first forecast for the new season.

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IOI comments on RSPO suspension

IOI comments on RSPO suspension

7 Apr 2016

IOI has issued a statement following its recent suspension by the Roundtable on Sustainable Palm Oil (RSPO) of its certification, for non-compliance with certain RSPO Principles and Criteria.

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Palsgaard achieves CO2 neutrality

Palsgaard achieves CO2 neutrality

7 Apr 2016

Food ingredients manufacturer Palsgaard has revealed that it achieved CO2-neutrality at its Danish plant during 2015, and has reconfirmed plans to achieve a zero carbon footprint worldwide at all production plants by 2020.

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