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.
