Gluten-free bakery proving earner for Penford
Gluten-free bakery ingredients had a strong quarter for US supplier Penford, which had a decline in overall profit for its first quarter 2011 but a rise in consolidated sales to over $72m.
Archives for January 7, 2011
Dioxin-contaminated liquid egg distributed in UK
Eggs from farms affected by dioxin-contaminated feed have been and mixed with products to be used in processed foods and exported into the UK, food safety officials said yesterday.
Tasty Baking’s financial challenges shows brand recognition isn’t enough, analyst
US firm Tasty Baking’s recent fiscal difficulties reflect the fact that nostalgia and brand recognition are not sufficient enough during continued economic uncertainty and rising commodity costs, says a Datamonitor consumer analyst.
Private equity firm targets leading player status in Euro rigid packing sector
Sun European Partners, the private equity company that bought Huhtamaki’s rigid packaging business last month, said the European sector is ripe for consolidation as it served notice to become a major player in the region.
New packaging uses wireless technology to cook soup
Fulton Innovation has developed soup packaging that cooks its contents without any external heat source – that means no need for a microwave or hob.
Slim interest in diet foods: Mintel report
UK consumers are losing interest in diet foods and choosing other ways of losing weight, according to the latest report from Mintel.
Kraft sues Indian biscuit maker for 'trademark violation'
Kraft Foods is suing Indian biscuit maker Britannia Industries for trademark violation related to one of its products that the US group says is a copy of its popular Oreo cookies