RiceBran Technologies says it plans to move more aggressively into speciality markets, including dietary supplement excipients, to help stem losses. The company has stumbled trying to compete as a high volume food ingredient supplier.
Not all supplement and food ingredient manufacturers have benefited from pandemic demand upticks. RiceBran Technologies said consumers stocking their pantries with rice meant it had less raw material to work with, which hurt financial results.
Stabilized rice bran (SRB) supplier NutraCea has narrowed its loss in the second quarter of 2011 and increased revenues 29 percent, although sales of rice bran for food and feed applications did not grow as quickly as anticipated, the company said.
Stabilized rice bran (SRB) maker NutraCea has shipped its first products to China and won new business in the Philippines and the US as it strives to return to the black after emerging from Chapter 11 bankruptcy protection.
A raft of higher-value products targeting humans rather than animals - from an ultra-potent antioxidant-rich rice bran oil to rice lecithin and food grade defatted rice bran – will help NutraCea puts its troubled past behind it in 2011/12, bosses have...
Rice bran ingredient and nutraceutical supplier NutraCea has emerged from Chapter 11 bankruptcy after just over a year – a move that allowed it to restructure and reduce overheads, the company has said.
Rice bran ingredient supplier NutraCea has said it expects to exit bankruptcy later this year after having filed for Chapter 11 protection in November to allow the company to restructure, reduce overheads and sell non-core assets.
Rice bran and baby cereal specialist NutraCea is cutting 17 per cent of its US work force, a move the company claims will save $1m annually in its process of reducing its overheads under Chapter 11 bankruptcy.
NutraCea has entered an agreement with a Californian rice cooperative, which the company says will allow it to directly maintain a consistent supply of its stabilized rice bran ingredient to food manufacturers.
NutraCea, the leading supplier of rice bran, has fought back at findings from a recent study that the ingredient contains high levels of arsenic, maintaining that the claims are “scientifically unsound”.
NutraCea has entered into an agreement with Archer Daniels Midland
(ADM) for the production of its stabilized rice bran - a
significant accomplishment for the young company as it brings its
nutritious ingredient to the mainstream...
Rice bran ingredient maker Nutracea's business platform includes
fighting world hunger by getting nutritious meal replacements to
children through feeding programs. Given the 800 million hungry
people in the world, this is no...
On the back of increased demand for its stabilized rice bran
product, California-based NutraCea has announced it is to double
capacity at its Dillon, Montana plant, revising its previously
announced decision to increase capacity by...
NutraCea is in discussions with high-level government officials and
rice mill owners in the Dominican Republic over joint ventures that
could see the rice-bran pioneer setting up operations in the
NutraCea and The RiceX Company's plan to merge will create a
monopoly on rice bran for the nutraceutical market and bring the
nutritional benefits of the rice production byproduct to more
people, in both developed and developing...
NutraStar said last week that its scientists have received a second
diabetes patent, proving the effects of its stabilised rice bran
derivatives in reducing blood glucose levels, glycosylated
hemoglobin levels and improving insulin...
The RiceX Company, a manufacturer of food ingredients from
stabilised rice bran, has reported a 64 per cent increase in
revenues for 2001 to US$6.3 million (€7.17m) compared to $3.8
million in fiscal year 2000.