Cargill has said that it remains confident in its prospects, despite a 56% drop in full-year profits. For the 12 months to the end of May, Cargill saw profits slide to US$1.17bn. Fourth-quarter profits plunged by 82% to $404m, marking the ...
Tags: Profits Slump, Slump, record profits
Agribusiness giant Bunge has announced the opening of an ingredient innovation centre in the US. The "state-of-the-art" centre in Bradley in Illinois will include an industrial kitchen and corporate dining facilities, Bunge said. After ...
Tags: Culinary Centre, ingredient innovation centre, Agribusiness
The latest batch of reports from the just-food research store includes a look at the baking ingredients market in Australia, global food and grocery retailing and consumer trends in speciality rice. INGREDIENTS Baking ingredients market ...
Tags: just food research, baking ingredients market, Australia
Atkins,a US-based diet brand, has launched Atkins Frozen Meals that will be available across the nation from January 2013. The new menu item includes Farmhouse-Style Sausage Scramble, Tex-Mex Scramble, Chicken & Broccoli Alfredo, Roast ...
Tags: Atkins, Atkins Frozen Meals, food ingredients, food industry
Increasingly demanding requirements from food manufacturers and their consumers mean that packaging is becoming progressively 'smarter'. Active or intelligent packaging is a sector which continues to grow in size, with expansion driven by ...
Tags: Smarter Packaging, Antimicrobial packaging, take-up of packaging
Penford Food Ingredients, a division of US-based Penford, has introduced PenTech NG, a starch-based blend for bakery industry, which can replace whole egg and egg yolks for both liquid and dry forms. The new blend features soft texture, ...
Tags: starch-based blend, bakery industry, whole egg and egg yolks
US-based ingredient firm Z Trim has launched new ingredients that are designed to extend the shelf-life of a pizza in Mexican and Central American markets. The company is selling the ingredients through its Mexican and Central American ...
Tags: new ingredients, the shelf-life of a pizza, the pizza chain
Ireland-based food ingredients and flavors group Kerry plans to set up a EUR100m food technology center in Naas, County Kildare, Ireland, in order to cater to its customers in the Europe, the Middle East and Africa region. The Kerry ...
Tags: food ingredients and flavors group, technical and innovation capability
Olam International,a Singapore-based processor of agricultural products and food ingredients,has reported that its revenues increased by 45.2%to S$4.69bn($3.82bn)for the first quarter of 2013,compared to S$3.2bn($2.6bn)for the same period ...
Tags: revenues, sales volume, continued growth
Olam International has acquired a 50%stake in Acacia Investments(AI),a business group based in the United Arab Emirates with a strong presence in edible oil refining and distribution in East Africa,for$35m. Olam managing director and Palm ...
Tags: edible oil refining, joint venture, CPO
US-based ingredient firm Z Trim has announced that the FDA has approved the labeling of Z Trim products in meat applications.With this decision,the FDA has cleared the use of Z Trim ingredients in ground,emulsified,and processed meats and ...
Tags: label, processed meats, poultry, food processors, costs
Thiele Technologies has announced the launch of its new automated packaging system Slidell PowderPacker Pro that offers virtually dust-free bagging for difficult to handle powders. The new Pro uses a Slidell design based on the 3109 and ...
Tags: Thiele, new automated packaging system, Slidell PowderPacker Pro
FMC, a US-based chemical company has entered into an agreement to acquire Pectine Italia, an Italy-based producer of pectin for the food ingredients industry, for an undisclosed amount. This acquisition will mark FMC's foray into the ...
Tags: Italy-based producer, food ingredients industry, chemical company
PGP International has broken ground on a$17.2m manufacturing and distribution facility in Indiana,US,as part of its plan to boost production of speciality food ingredients and additives. The 70,000ft2 facility,which will be located in ...
Tags: food ingredients, additives, animal feed
Dairy co-operative Irish dairy board (IDB) has acquired The Cheese Warehouse - a UK based cheese ingredients company, for an undisclosed amount. This acquisition is a part of the co-operative's strategy to further strengthen its position ...
Tags: Irish dairy board, part of the co-operative's strategy, food ingredients