News & Analysis on the Bakery and Snacks Industries
Dutch bakery ingredients supplier CSM is feeling the impact of rising raw material costs, with its first-half 2011 results hit by the price increases the company has been forced to pass on to customers this year.
Tough technological challenges and a lack of infrastructure mean that the vast majority of flexible packaging is almost impossible to recycle, said industry analysts Envicura as it called for the development of novel materials and new waste management...
Finnish supplier Raisio has turned in a bumper half-year with earnings before interest, tax and depreciation (EBIT) surging from €10.3m to €16.2m – a 73% rise.
Australian food manufacturer Goodman Fielder Ltd is set to open a new dedicated gluten free bakery in Huntly, New Zealand next month in order to cater to the rising demand for such products there.
The European Commission will consider boosting the availability of sugar at its next tonnage tender meeting on August 25 after sharp rises in prices and calls from food manufacturers for it to increase sugar quotas or abandon them.
Reports about the imminent break-up of United Biscuits (UB) are not true, said an industry source.