Archives for November 10, 2004

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Fonterra bolsters value-added division with IP business

Fonterra, the New Zealand dairy co-operative, is looking to exploit a growing market for intellectual property (IP) licensing by creating a new formulated milk business to join its line of value-added subsidiaries, reports Tom Armitage.

RFID-enabled cold chain monitoring to cut costs

An innovative RFID-enabled cold chain consignment monitoring service allows fresh food producers to trace their products across the globe and achieve potential cost efficiency savings. Anthony Fletcher reports.

Orkla launches bid for snacks firm

Norwegian firm Orkla has closed in on a takeover deal for Finnish snack firm Chips with a view to dominating established snack industries in Scandinavia and rising markets in Russia, writes Chris Mercer.

Singapore wins over Tate & Lyle for new venture

Strong campaigning by a top Singapore authority has lured UK sugar giants Tate and Lyle to choose Singapore as the home of its new £97 million sucralose factory, as the firm looks to launch its zero calorie, sugar-based sweetner across the region.

Europe aims to raise profile of diabetes problem

The European Commission will this week host a major conference on the challenges for diabetes research, in a bid to raise political, academic and industrial awareness of the disease.

Health link boost for the humble walnut

Research into walnuts, a key ingredient used in a range of biscuit and confectionery products will help lift stagnant sales for food makers in the sector giving them an opportunity to cash in on the growing functional food market, reports Lindsey Partos.

Probiotic dairy products lack scientific support

The US probiotic industry needs to step up a gear and finance further research in order to win over consumer confidence by providing scientific proof of its health benefits, according to research published by the International Food Information Service.

ABF full year beats forecasts

UK food and ingredients firm Associated British Foods has beaten full year profit expectations after posting double-digit growth against a backdrop of firmer commodity pricing and adverse currency movements. The performance underlines that ABF is well...

Rexam buys out China can manufacturer

Rexam, the UK-based global packaging company, has reached an agreement to acquire the 40 per cent shareholding it does not own in the Chinese beverage can business, Rexam Beverage Can Zhao Qing, from its joint venture partner, Hua Xing Investment Limited.