General Mills looks to tap cereal and snacks potential in BRIC countries and beyond
General Mills sees great potential for its snacks and cereals segments outside North America as population growth in emerging markets looks set to soar.
Archives for May 17, 2012
Del Monte Foods to close processing plant
US-based Del Monte Foods will close a food processing plant due to “consumer sentiment and macroeconomic factors.”
CSM bakery sell-off puts 400+ UK jobs at risk
The plans by Dutch-owned bakery ingredients group CSM to sell parts of its European and American bakery supplies business puts far more jobs at risk than the 400 previously reported, a union official has told FoodManufacture.co.uk.
Researchers develop new beta glucan-rich oats
Researchers at the University of Wisconsin claim to have developed a new oat variety that is richer in beta glucan, a compound that has been linked to heart health.
'More likely' PepsiCo split could see beverages or snacks arms sold - analysts
Leading US analysts believe that major shareholders are pushing for a PepsiCo split that could happen sooner rather than later, and said the firm could spin-out or sell its Americas Beverages or American snacks businesses.
Kerry Ingredients fined $50,000 for repeat safety failures
The US department of Labor’s Occupational Safety and Health Administration (OSHA) has fined Kerry Ingredients & Flavours $50,000 for three repeat safety violations at a plant in the US.
Bühler's Leybold takeover approved
Bühler’s takeover of Leybold Optics has been cleared without any restrictions by the relevant anti-trust authorities.