Food Ingredients News

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Product Innovations & Scientific Developments

Yesterday's News Articles 24/07/2008

Rohm and Haas Company Reports Second Quarter Results Philadelphia, Jul. 24 - Rohm and Haas Company today reported second quarter 2008 sales of $2,567 million, a 17 percent increase over the same period in 2007, with Electronic Materials and the chemical businesses outside North America delivering strong growth.

24/07/2008

Dow Chemical Second-Quarter Profit Hurt by Costs New York, Jul. 24 - Dow Chemical Co said Thursday that second-quarter earnings fell as its price increases had failed to offset a sharp spike in energy and raw material costs.

24/07/2008

Wednesday's News Articles 23/07/2008

USA: Colorado Organic Bakery Firm Launches High Fructose Corn Syrup Awareness Campaign 23 July 2008 - Rudi's Organic Bakery, based in Boulder, Colorado, has launched a campaign to raise consumer awareness concerning the prevalence of High Fructose Corn Syrup (HFCS) in baked goods. The campaign also seeks to educate parents about reading ingredient labels.

23/07/2008

Lonza Half-Year Results 2008

23/07/2008

Tuesday's News Articles 22/07/2008

Corn Products International Reports 36 Percent Increase in 2008 Second Quarter Diluted EPS to $0.90 Westchester, Ill., Jul. 22 - Corn Products International, Inc., a leading global provider of agriculturally derived ingredients for diversified markets, today reported record quarterly diluted earnings per share of $0.90 for the second quarter ended June 30, 2008, a 36 percent increase compared with diluted earnings per share of $0.66 a year ago.

22/07/2008

Danisco Dismisses Takeover Talk as its Shares Soar 22 July, 2008 - Danisco shares climbed almost 11% yesterday despite the company denying reports of an imminent takeover bid from private equity firm Apax Partners Worldwide LLP.

22/07/2008

Celanese Corporation Reports Record Second Quarter Results; Reaffirms 2008 Outlook 21 July 2008 - Celanese Corporation today reported record net sales of $1,868 million, a 20 percent increase from the prior year's results, as higher pricing on continued strong demand, positive currency impacts, and higher volumes associated with the company's growth strategy in Asia, all contributed to strong top-line growth.

22/07/2008

Hercules Reports Second Quarter Results Wilmington, DE, July 21, 2008 - Hercules Incorporated today reported net income for the quarter ended June 30, 2008 of $61.0 million, or $0.54 per diluted share, as compared to $41.3 million, or $0.36 per diluted share, for the second quarter of 2007.

22/07/2008

Monday's News Articles 21/07/2008

Nutrinova Announces Further Price Increase for Certain Sorbate Products Kronberg, July 18, 2008 - Nutrinova, the food ingredients business of Celanese, announced today that it will further increase the price for potassium sorbate granules and potassium sorbate powder by at least 15 percent or as contracts allow.

21/07/2008

News Articles for 18 July 2008 18/07/2008

EU Restarts Merger Review of Planned Associated British Foods/GB Ingredients Deal Brussels, July 18 - The European Commission said on Friday it had restarted its review of Associated British Foods' plan to buy some assets and subsidiaries of GB Ingredients BV of the Netherlands.

18/07/2008

Sensient Technologies Corporation Reports Earnings for the Quarter Ended June 30, 2008

18/07/2008

EU Extends Review of Arsenal Capital/DSM Deal Brussels, July 17 - The European Commission on Thursday extended its review of plans by New York-based private equity firm Arsenal Capital to buy the special products business of Dutch chemicals group DSM.

18/07/2008

News Articles for 17 July 2008 17/07/2008

Jungbunzlauer to Boost Production with 50 Mln Euro Investment 17 July 2008 - Swiss food ingredient manufacturer Jungbunzlauer has launched a 12-month investment programme to increase production capacity and efficiency at its existing facilities in Europe. The firm said that the programme will require a capital expenditure of approximately 50 million Euro.

17/07/2008

News Articles for 16 July 2008 16/07/2008

US Chemical Firm Hawkin's to Expand Lactate and Other Food Ingredient Capacity with Illinois Facility Purchase 16 July 2008 - Minneapolis-based chemical products firm Hawkin's Inc. has acquired a 77,000 square foot facility in Centralia, Illinois for an undisclosed sum.

16/07/2008

Danisco Acquisition of Emulsifiers Producer Abitec Approved 16 July 2008 - Danisco has obtained final approval from the EU competition authorities for the acquisition of the shares in UK-based emulsifiers producer Abitec Ltd.

16/07/2008

News Articles for 15 July 2008 15/07/2008

USA: Californian Dietary Supplement Firm Relocates to Idaho 15 July 2008 - Palmer Natural Products, a California-based dietary supplement producer, is planning to move its operations to Star in Idaho this winter.

15/07/2008

EU Suspends Review of AB Foods' Buy of GBI Assets Brussels, July 15 - The European Commission on Tuesday suspended its review of Associated British Foods' plan to buy some assets and subsidiaries of GB Ingredients BV of the Netherlands.

15/07/2008

US: Cadbury Faces Lawsuit from Tasters Claiming Injuries from Sweetener 15 July, 2008 - Three taste testers are to sue Cadbury's US company after claiming they were injured while sampling a new additive.

15/07/2008

CSM Plans to Sell its PURAC Gluconates Production Plant in the Netherlands to Avebe Diemen, the Netherlands, July 14, 2008 – CSM announces that negotiations with AVEBE have progressed so well that it has signed a Heads of Agreement with the intention to sell the gluconates production plant of its subsidiary PURAC in Ter Apelkanaal to AVEBE.

15/07/2008

News Articles for 14 July 2008 14/07/2008

USA: Spice-Rack Favorites Battle E. coli and Other Foodborne Pathogens 14 July 2008 - Herbs and spices like oregano, thyme, cinnamon and clove do more than add pleasing flavors and aromas to familiar foods. The oils from these plants, or compounds extracted from those oils, pack a powerful, antimicrobial punch--strong enough to help quell such foodborne pathogens as Escherichia coli O157:H7.

14/07/2008

Brazil: Coffee Market Given Extra US$800 Million by Government 14 July, 2008 - Brazil's coffee industry has received a boost after the country's government promised to make more credit available to farmers and processors.

14/07/2008

China-Biotics, Inc. Reports Fourth Quarter and Full Year Fiscal 2008 Financial Results Shanghai, July 10 - China-Biotics, Inc., a leading Chinese firm specializing in the manufacture, research, development, marketing and distribution of probiotics products, today announced its financial results for the fourth quarter and fiscal year ended March 31, 2008.

14/07/2008

Brazil: Cargill Expands its Production of Starches and Sweeteners in Uberlandia City 10 July 2008 - Today in Belo Horizonte, at Palácio da Liberdade, the seat of government of Minas Gerais state, representatives signed a letter of intent between Minas Gerais and Cargill Agrícola S.A., to start work on the expansion of the corn processing plant at the company's industrial complex in Uberlândia.

14/07/2008

EU Commission Clears Proposed Acquisition of GBI UK by Lesaffre, Subject to Conditions 11 July 2008 - The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of GBI UK - GB Ingredients Ltd and BFP Wholesale Ltd -engaged in the yeast business and owned by Gilde B.V, by the French yeast manufacturer Compagnie des Levures Lesaffre.

14/07/2008

China's Fufeng Sees H1 Profit Doubling, Helped by Olympics Beijing, July 14 - Fufeng Group Ltd, China's top producer of glutamic acid, the raw material for MSG, expects first-half net profit will more than double due to price rises following Beijing's closure of small rivals.

14/07/2008

News Articles for 11 July 2008 11/07/2008

Yeast Producer Lallemand Acquires South African Fermentation Company 11 July 2008 - Yeast and bacteria producer Lallemand Inc. has reached an agreement to acquire South African amino acid manufacturer SA Bioproducts for an undisclosed sum.

11/07/2008

Ambitious Growth in the Beverages Sector and Proximity to Clients: Symrise Expands Its Site in Mexico City July 11 - Symrise has expanded its site in Mexico City by adding new laboratories for the development and application of flavorings and culinary concepts. The new head of the Mexican market is Sergio Hernández, who was recently named Director, Flavor & Nutrition Division of Symrise Mexico.

11/07/2008

Ashland to Acquire Hercules

11/07/2008

News Articles for 10 July 2008 10/07/2008

Rohm and Haas Reaches Accord to be Acquired by The Dow Chemical Company

10/07/2008

Rousselot Acquires PEPTAN July 10 - The PEPTAN(TM) range is comprised of hydrolyzed collagens offered in a variety of molecular weights and available in powdered form. PEPTAN(TM) hydrolyzed collagens, which can be easily incorporated into protein beverages, bars, as well as health-food and cosmetic products, are used by nutritional and cosmetic products companies the world over.

10/07/2008

Penford Reports Third Quarter 2008 Earnings

10/07/2008

News Articles for 9 July 2008 09/07/2008

DSM and Desano Collaborate on Innovation and a World-Class Biotin Production Base Yancheng, Jiangsu, China, July 2, 2008 - Royal DSM N.V., a leading Life Sciences and Material Sciences company, has announced that Dafeng DESANO Pharmaceutical Co., Ltd is to start production in Yancheng, Jiangsu Province, as a result of a collaboration between DSM Nutritional Products and Shanghai Desano Pharmaceuticals Holding Co., Ltd. The company will produce biotin.

09/07/2008

Modernising the Rules on Food Additives and Labelling of Azo Dyes July 8 - MEPs updated and simplified EU rules for authorising food additives, flavourings and enzymes with the European Parliament adopting a legislative package on four draft regulations. The new procedures will assist the free movement of food within the EU and will also give better health and consumer protection, including clearer labelling of certain food colourings.

09/07/2008

New Plant Polysaccharide for Bread July 9 - Based on a multiple year study, researchers of CAS Changchun Institute of Applied Chemistry have worked out a new plant polysaccharide, a perfect substitute for potassium bromate, making bread more edible.

09/07/2008

Cargill Rolling Out Natural, No-Calorie Sweetener New York, July 9 - Agribusiness giant Cargill Inc is starting to roll out Truvia, its natural, no-calorie sweetener on Wednesday, and expects the product to be on grocery shelves across the U.S. sometime this fall.

09/07/2008

News Articles for 8 July 2008 08/07/2008

EU: Natural Herbs and Spices Protected Under New Food Rules - Mojca Drcar Murko MEP 7 July 2008 - Monday sees MEPs debate new rules for authorising food additives, flavourings and enzymes. Ahead of the debate we spoke to Slovene MEP Mojca Drcar Murko (ALDE) about her report which deals with flavourings.

08/07/2008

Norway: NattoPharma and Danisco in Vitamin K2 Partnership 8 July 2008 - Norwegian vitamin K2 (menaquinone) supplier NattoPharma ASA announced yesterday that it has signed a letter of intent regarding a global partnership agreement with the Danisco A/S.

08/07/2008

Huabao International to Acquire Tobacco and Food Flavours Company Wealthy King On 7 July 2008 the Company entered into the Acquisition Agreement with the Vendor, pursuant to which the Company will conditionally acquire from the Vendor 100% interest in the Target Company at a total consideration of HK$870,550,000. The consideration will be funded by the Company's internal resources and bank borrowings, if required. The purchase price was determined on arm's length terms.

08/07/2008

Senomyx Announces Extension of Discovery and Development Collaboration With Cadbury PLC

08/07/2008

News Articles for 7 July 2008 07/07/2008

Xiwang Sugar to Buy Shandong Xiwang Food Hong Kong, 7 July 2008 - On 4 July 2008, Xiwang Sugar Holdings Company Limited, Xiwang Group Company Limited and Shandong Xiwang Food Company Limited entered into a memorandum of understanding (the “MOU”) in relation to a possible acquisition of Xiwang Food, the major terms of which are set out below:

07/07/2008

News Articles for 4 July 2008 04/07/2008

Probiotics Can Survive in Space - Study 4 July 2008 - Researchers at the University of Tuscia in Italy are looking into the development of nutraceuticals and novel (or better) functional foods for both feeding and health of astronauts.

04/07/2008

Sumitomo Chemical to Increase Price of Resorcinol 4 July 2008 - Sumitomo Chemical has announced that it intends to increase the price of resorcinol by $0.65/kg, effective as of 7 July 2008, and the Company is commencing negotiations with customers.

04/07/2008

News Articles for 3 July 2008 03/07/2008

Danisco Cultures Invests in Kefir 3 July 2008 - Danisco has completed in a major expansion of its kefir culture processing plant in Olsztyn, Poland, more than trebling capacity to meet the growing international demand for kefir products.

03/07/2008

News Articles for 2 July 2008 02/07/2008

“Natural” Trans Fat Less Harmful Than Artificial Version - Harvard Health Letter

02/07/2008

Friesland Foods Working with Consortium to Develop New Proteins for Boosting Immune System 2 July 2008 - Friesland Foods, Lactive and Animal Sciences Group of Wageningen UR are jointly researching new proteins that play a part in boosting the immune system.

02/07/2008

News Articles for 1 July 2008 01/07/2008

Olam and Wilmar in 50:50 JV to Acquire 20% Stake in PureCircle, a Leading Producer of Natural High-Intensity Sweeteners for USD 106.2 Mln

01/07/2008

France: Lesaffre Normandie to Invest 8 Mln Euro in Cerences Facility 1 July 2008 - Lesaffre Normandie, part of the Lesaffre Group, plans to invest 8 million euro in its Cérences plant in northern France over the next three years.

01/07/2008

China's Global Sweeteners' Share Trading Halted 1 July 2008 - Trading in the shares of Global Sweeteners Holdings Limited were suspended yesterday pending the release of what the company describes as a "major and connected transaction of the Company which is price-sensitive in nature".

01/07/2008

Prebiotic Potential of Almonds - UK Study 30 June 2008 - Almonds, as well as being high in vitamin E and other minerals, are also thought to have other health benefits, such as reducing cholesterol. Recently published work by the Institute of Food Research has identified potential prebiotic properties of almonds that could help improve our digestive health by increasing levels of beneficial gut bacteria.

01/07/2008

News Articles for 30 June 2008 30/06/2008

Vitamin C: Distruptions to Production in China to Maintain Firm Market 30 June 2008 - Vitamin C prices have moved dramatically higher in recent months with Chinese manufacturers adjusting quotations higher in line with rising energy and corn prices.