Archives for July 31, 2006

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Ebro Puleva extends reach into rice segment

By  Ahmed ElAmin

Spain-based Ebro Puleva has reached agreement with Kraft Foods to buy its Minute Rice brands in the US and Canada, extending the company's reach into North America.

AWB warns drought may hit profits

By  Catherine Boal

Wheat and grain exporter AWB has reduced its profit forecasts in the face of drought and rising commodity costs.

Zetar profits healthy after snack purchase

By  Catherine Boal

Following its recent acquisition of snack manufacturing companies, Humdinger and Readifoods, food buyout company Zetar has announced growing profits for its second year of business.

Industry races to get green, GM omega-3 from plants

By  Stephen Daniells

Industry giants are locked in a "fish oil arms race" to develop genetically modified crops that could challenge the supremacy of fish as the best source of omega-3 fatty acid, with both BASF and DuPont reporting progress in the field.

Blackcurrant research may yield more vitamin C for fruit drinks

By  Jess Halliday

UK scientists are mid-way through a project in collaboration with Ribena maker GlaxoSmithKline to boost vitamin C levels in blackcurrants, and results to date indicate it will yield benefits for consumer health, as well as the country's fruit farmers.