GrainCorp rejects ADM’s takeover bid as full-year profits soar
Australian commodity giant GrainCorp rejected ADM’s $2.8bn takeover bid stating it ‘materially undervalues’ the business.
Archives for November 15, 2012
Hostess Brands latest: We’ll liquidate if striking employees aren’t back at work by 5.00pm EST today
Twinkies and Ding Dongs maker Hostess Brands says that if employees on strike are not back at work by 5pm EST today, it will move to liquidate the company.
Funding boost for eco-friendly polymer researcher
A French firm which aims to meet industry needs for biodegradability in flexible packaging and rigid plastics has received €3.3m to continue its work on polymers.
Sensient’s natural apple flavors to plug ‘positive nutrition’ desires
Sensient Flavors LLC has developed a new range of natural apple flavors to plug consumer demands for fruit varietals as ‘positive nutrition’ takes hold.
Active, intelligent and smart packaging sales trends
Increasing health awareness, rising food and safety concerns and improved purchasing power in emerging economies will drive growth in the global active, intelligent and smart food and drink packaging market.
Diamond Foods CEO: Heavy discounting on Kettle Chips damaged its brand equity
Excessive discounting on Kettle Chips has damaged its premium positioning and hit margins, bosses at brand owner Diamond Foods have admitted.