French packaging company Groupe Guillin has challenged the legitimacy of the decision by Spanish competition authorities to fine it almost €3m for its alleged role in a fruit packaging price fixing ring as it lodged an appeal with the anti-trust body.
Soaring resin prices, falling demand in sectors such as confectionery, along with almost US$40m costs related to plant closures and job cuts saw fourth quarter operating profits in flexible packaging slump by 37% at the end of what Bemis called a “challenging”...
Bread manufacturers can take advantage of changing breakfast habits among young consumers in the UK by expanding portfolios to include sweet baked goods, according to an analyst.
Global sugar prices could rise following a shortage in Mexican production unless the US Department of Agriculture (USDA) allows additional imports, according to the Jenkins Sugar Group.
Increased intakes of fiber may reduce the risk of pancreatic cancer by 60%; with both soluble and insoluble forms offering benefits, suggests a new study from Italy.
The Spanish competition authority has handed out multi-million Euro fines to Linpac, Groupe Guillin and ILPA for their part in a fruit and vegetable packaging price-fixing cartel spanning eight years.
US-based Rich Products Corporation has extended a recall of some of its cake products over fears they may be contaminated with small fragments of plastic from the packaging.
Tight supply and high prices in guar gum are set to continue until at least the end of 2012, and probably beyond, claims a leading hydrocolloid industry analyst.
UK-based bakery firm Finsbury Foods has announced improved sales in a first quarter (Q1) trading driven by significant gains in its export business, but high commodity prices continue to squeeze profit margins.
Experts from 10 countries will bid to “change the face of paper packaging” by creating innovative sustainable packing with enhanced properties as part of a new European Union funded scheme.
A newly lightweight, tear resistant liner “tailor-made” for the corrugated packaging sector has been developed after collaboration between Stora Enso and industry.
Leading US packaging players Sonoco and MeadWestvaco have both cautioned that earnings for the end of 2011 are likely to fall short of expectations on weakening demand from Europe and North America.
2 Sisters Food Group’s chilled food business Brookes Avana, acquired from Premier Foods last year, will be returned to profitability within two years, according to its new owners.
The Spanish confectionery sector must innovate on a health awareness platform, according to the head of the recently formed national confectionery association.
DS Smith’s €1.7bn (£1.4bn) takeover of SCA Packaging is a game changer both for the company and the European packaging sector, said an industry analyst as the fallout from this week’s deal continues to be scrutinised.
Using amaranth, millet or buckwheat flour to replace traditional flours can lower the glycaemic response in extruded breakfast cereals spelling opportunities for manufacturers, according to a study.
Agrofood giant Cargill is alerting the world to look out for more food labels bearing its Barliv-branded barley beta-glucan in 2012 after winning a positive cholesterol-lowering opinion from the European Union science agency last month.
A new range of split packs for fresh and cooked meats can help reduce food waste and tap into the growing trend for smaller packaging to cater for one and two person households, said Linpac.
Exceptional sales growth for sugar will fuel expansion at Associated British Foods (ABF), say food industry analysts, even if Q1 continued to highlight struggles for the food ingredients side of the business.
A Singapore consortium launched yesterday says it is aiming to develop high-tech plastics for food and medicinal applications, as well as ‘durable’ paints and varnishes.
The discovery of a 'nourishing gene' that controls how nutrients are distributed in plants and crops could offer hope for improved crop yield and increased food production, say researchers.
Kraft Foods has said it will cut about 1,600 jobs from its US and Canadian workforce over the next 12 months, as it prepares to split into two separate companies.
Ralcorp has outlined the shape of the company after it spins off its Post cereals business, four years after it bought the maker of Grape-Nuts, Raisin Bran and Honey Bunches of Oats from Kraft Foods for $1.65bn.
A free online course that aims to increase environmental awareness in the food and drink sectors could help processing and packaging SMEs save money and boost their green credentials, said the body championing the initiative.
Food producers can cut costs and boost environmental credentials by recycling food waste at a new anaerobic digestion plant in Wiltshire, UK, according to the firm behind the facility.
Industrial bread sales in Sweden, Denmark and Finland will decline in the next five years as a result of a low-carb trend and changing consumer habits, according to an analyst from Euromonitor.
An economical new pouch that it is claimed extends the shelf life of single-serve fresh fruit products has just been launched onto the European market by UK firm Baltimore Innovations.
Ingredients firm Herza Chocnology has launched a range of bake-stable chocolate batons for baked goods that can be tailored to meet manufacturers’ precise size, shape and flavour requirements.
Food packaging firm ILPA said its ‘leased’ takeover of fellow Italian company AMP Film and Packaging would allow it to become self-sufficient in the production of rPET with an annual capacity of around 10,000 tons.
A Dutch food processing joint venture has been put on hold while authorities in the country investigate its potential effect on frozen snacks market competition.
Canadian firm Maple Leaf has confirmed that it plans to close its West Midlands bakery, after failing to find a buyer for the site, with the loss of 236 jobs.
Premier Foods boss Michael Clarke has received a resounding vote of confidence from city analysts, six months into his role, as he continues his plan to guide the firm out of trouble.
A major bakery workers union has hit out against Hostess Brands for its assertion that pensions obligations were a principal reason for its Chapter 11 bankruptcy filing, blaming 'ineffective executives' instead.
US packaging body Ameripen plans to hammer out a raft of policy initiatives this year in a bid to establish itself as a leading voice on packaging and the environment, new president Gail Tavill told FoodProductionDaily.com in an exclusive interview.
Carr’s Milling Industries has reported solid Q1 results in a trading update as improved flour sales driven by new customers led to results that have surprised market analysts.
Bakery manufacturers can capitalise on an emerging Scandinavian dietary trend with new low-carb offerings, according to an analyst from Euromonitor International.
Favourable market trends and successful business strategies have driven strong profits in Agrana’s sugar and starch segments, creating 20.2% growth for the first three quarters of 2011|12, the CEO said.
JBT Corp has blamed a drop in demand for its decision is to cut 115 jobs in its food processing division and shift some operations out of Europe in a bid to make annual savings of US$9m by the end of next year.
The US share of the global flexible packaging market will decrease as emerging markets such as India and China continue to grow at a “staggering” rate, according to an industry analyst.
