Archives for July 14, 2008

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Danisco Sugar to be sold to Nordzucker

By  Jess Halliday

Danisco has announced that it will sell its sugar division to Nordzucker for DKK5600m, around €751m, bringing to an end months of speculation as to whether it would agree to a sale or opt to spin off sugar into a separate business.

Hungrana boosts production for cake makers

By  Lindsey Partos

European corn starch producer Hungrana ramps up production for this popular thickening agent, announcing the completion of a major €100 million expansion project at its Szabadegyháza facility.

Pressure for chocolate industry as cocoa breaks $3000 barrier

By  Lindsey Partos

Strategies for confectionery makers to absorb rocketing price rises are essential as cocoa prices crash through the $3000 barrier, with demand outstripping supplies and pulling the stocks-to-grindings ratio to a 22-year low.

Acquisition strengthens DSM enzyme activities

By  Laura Crowley

DSM hopes to improve its international food enzymes activities through the acquisition of the business and all the assets of Valley Research, an American biotechnology company.

High pressure processing kit wins IFT science award

By  Mike Stones

High pressure processing equipment, which uses a working pressure of 87,000 psi (6116.7 Kgf/cm2) was one of three food packaging and processing systems honoured with a 2008 IFT Food Expo Innovation Award.

CSM signs agreement for gluconates plant sale

By  Jess Halliday

CSM has announced plans to sell its Purac gluconates production plant in The Netherlands to Avebe, as part of a broader restructuring of manufacturing and focus on core competencies.