Penford Food Ingredients, a division of US-based Penford, has introduced PenNovo 00 - an enzyme-treated starch that can be used for food coatings and bakery applications. The new enzyme-treated starch is designed for coating systems for ...
Tags: Penford Food Ingredients, USA, starch, PenNovo 00
Cargill said an increased customer-focus and more disciplined approach to cost control are paying off as the group booked a jump in first-half earnings. The company today (9 January) said earnings rose to US$1.38bn in the six months to ...
Tags: Cargill, earnings, food ingredients, applications booking earnings
Canada-based dairy cooperative Agropur has acquired Foremost Farms USA's dry blending business, as part of its efforts to strengthen its presence in the baking and blending industry. With the acquisition, Agropur gains control of brands ...
Tags: Agropur, Dry Blending Business, Agriculture
Vion has finalised a deal for an MBO of its UK pork arm, which is among a series of assets in the country the Dutch food group is looking to sell. The company today (13 December) confirmed UK private-equity firm Endless would back a ...
Tags: Vion, deal, MBO, UK pork arm
German sugar refiner and food ingredients firm Suedzucker has reported an increase in quarterly profits thanks to its sugar business. The company, one of Europe's largest sugar refiners, said its sugar unit helped drive a 43% increase in ...
Tags: Suedzucker, increase, quarterly profits, sugar business
Tate and Lyle plc has sounded a note of caution on surging corn prices, which could dampen the group's full-year outlook. Corn prices have leapt in recent months, as the drought in the US and poor weather conditions in central and eastern ...
Tags: Tate&Lyle, corn prices, full-year outlook, weather conditions
Tate & Lyle plc has launched a GBP30m (US$47.9m) fund that it hopes will drive its growth in speciality food ingredients. The fund will launch in the New Year and invest in start-ups and smaller companies in both developed and emerging ...
Tags: Tate&Lyle, fund, speciality food ingredients, growth
Japanese conglomerate Mitsubishi has invested in Australian dairy ingredients supplier Tasmanian Dairy Products. The company has acquired 24% of Tasmanian Dairy Products from the firm's largest shareholder Murray Goulburn, the Australian ...
Tags: Mitsubishi, dairy ingredient, dairy industry, dairy products
A "solid" third quarter has led Denmark-based food ingredients firm Chr. Hansen to raise its forecasts for annual sales and EBIT margins. Chr. Hansen said today (4 July) it expects its sales to increase by 9-11% on an organic basis and ...
Featured reports from the just-food research store include innovation trends in sauces, and functional food marketing in Asia Pacific. CONSUMERS Consumer and Innovation Trends in Sauces, Dressings, and Condiments Growth in home ...
Tags: sauces, functional food marketing, Asia Pacific, food industry
This week's featured reports from the just-food store includes research on emerging markets, ingredients, packaging and commodities. EMERGING MARKETS Demand in Emerging Markets in the Food and Beverage Industry - 2012–2013 : ...
Tags: emerging markets, ingredients, packaging, commodities
Dutch meat supplier Vion has announced it wants to quit the UK, a market it has said suffers from over-capacity and "extremely challenging" trading conditions. Vion said today (19 November) it is already in "detailed discussions with a ...
Tags: Meat giant, Meat, Dutch meat, meat sector
As SIAL enters into its fourth day in Paris, just-food brings you a few highlights of what you can expect from the event attending by companies and executives from across the food manufacturing and retailing sectors. Belgian vegetable ...
Swiss food ingredients group Givaudan has booked an increase in first-half profits. In the six months to the end of June, net profit increased 67.5% to CHF201m (US$207.9m). Operating profit amounted to CHF295m, a 27.7% increase on the ...
Tags: food ingredients, flavours, fragrances, net profit
Denmark-based food ingredients firm Chr. Hansen has booked an increase in full-year profit and said it is "well prepared" for future growth. EBIT in the 12 month period climbed 16% to EUR185m (US$239.7m), the company reported yesterday ...
Tags: Profit, full-year profit, organic revenue