In response to increasing demand for Frutafit® inulin, Dutch
ingredients company Sensus is to expand its manufacturing capacity
in Roosendaal,The Netherlands.
French food company Groupe DANONE announced on Wednesday that it
intends to make a public offer to acquire 100 per cent of the
capital of Frucor Beverages Group Limited, a market leader in the
fast growing energy drink segment in...
Rumours this week that French ingredients company Rhodia has
received informal bids from its European rivals DSM and BASF
remained confused on Tuesday.
Food science and technology company Bon Coeur Inc. announced
recently that it has formalised a relationship with nutrition
product maker Nutrition 21 Inc.
Agribusiness giant Archer Daniels Midland Co. said on Tuesday it is
paying an extra 20 cents per bushel for soybeans that have not been
genetically modified and are delivered to its processing facility
in Decatur, Illinois.
The American Association of Cereal Chemists (AACC) this week
announced the appointment of its 2001/2002 Board of Directors, to
be installed on October 18, 2001.
French based specialty chemicals company Rhodia announced on
Thursday that it had adjusted its 2001 earnings outlook due to the
volatile economic climate.
Nutraceutix, a US producer of ingredients and technologies for the
nutraceutical industry, is to sell its D-glucarate business to
another licensor of the product, BioChemix.
Acirca, Inc., a US organic foods and ingredients company, announced
on Tuesday that it had acquired Mountain Sun, a leading organic
juice maker in the United States.
Finnish company Raisio on Tuesday unveiled its long-expected
strategic focus change, saying it aimed to be a life-science
oriented chemicals group and forecasted its turnover to double to
1.6 billion euros ($1.46 billion) by 2005
An economic downturn may not hurt the U.K. market for organic food
products, Robert Duxbury, technical manager for organic products at
J Sainsbury PLC told Dow Jones Newswires Monday.
US organic company Horizon Organic Holding Corp. this week
announced the creation of the Organic Agriculture Project (OAP), a
project designed to promote the benefits of organic agriculture.
Americans possess a growing awareness of the link between nutrition
and health, as government committees become increasingly attentive
to nutraceutical product claims and potential regulations.
ADM announced the restructuring of its Food and BioProducts
Divisions to strengthen the company's global focus on its core food
and feed operations, as well as its functional foods and
ingredients.
Henkel KgaA has agreed to sell its chemical division Cognis to a
consortium of financial investors comprising of Schroder Ventures
and Goldman Sachs Capital Partners.
The Board of Directors of Béghin-Say, chaired by Jérôme de
Pelleport, met on 10 September 2001 to approve the consolidated
financial statements for the six months ended 30 June 2001.
So Natural Foods posted a A$233,867 (Euro132,566m) net loss for the
year ended June 30, 2001, compared to a net profit of A$1.127m
(Euro638,834) in the previous year.
The Australian organic industry aims to quadruple production in the
next five years reaching $1 billion in domestic and export sales by
2006, reports IndustrySearch this week.
The EC has approved the proposed acquisition of Nutricia Dairy and
Drinks Group (NDDG) by Friesland Coberco Dairy Foods Holding N.V.
(FCDF), Netherlands.
Hansen Natural Corp. reported record sales for its second quarter
ended June 30, 2001, supported by strong growth in functional
drinks lines and new products.
Lactoferrin ingredients giant DMV International announced this week
a joint venture agreement with US beef packing company Farmland
National Beef Packing Company L.P.
Croda, the UK chemicals company, said its move to focus on
higher-margin oleochemicals had cushioned it against the sharp
downturn that has affected most chemical groups in the first half
of the year.
After months of baited breath soft drinks giant PepsiCo Inc.
finally obtained the approval, albeit by a hair's breadth, to buy
Quaker Oats Co. and its successful Gatorade brand.
Saputo Inc, the largest dairy processor in Canada reported on a
first-quarter profit climb of a third compared to the same quarter
last year as the price of cheese shot up.
The Federal Trade Commission (FTC) is getting ready to vote as
early as Wednesday on whether to try to block PepsiCo Inc.'s
proposed $13.8 billion acquisition of Gatorade sports drink maker
Quaker Oats Co.
German chemicals group Bayer AG is edging towards a deal to buy the
agrochemicals arm of Franco-German drugs group Aventis SA for
around Euro 7.25 billion, including debt.
