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Pernod to sell cider activities

French wine and spirits company Pernod Ricard has confirmed that it is to sell its cider operations as part of its ongoing programme of focusing...

Georgia-Pacific stalls spinoff

Georgia-Pacific, a global business group with major packaging concerns, said on Thursday it has delayed the planned spinoff of its consumer products and packaging division,...

Duvel turnover boosted

Turnover at Duvel Moortgat, the Belgian speciality beer and fruit juice producer, grew by 9 per cent in the first half of 2002 to €27.6...

United Glass invests in facilities

United Glass has announced a £1.2 million (€1.9m) investment in what is planned to be the first phase of a major upgrade of its glass...

Merrill downgrades Hershey

Confectionery maker Hershey Foods on Monday was downgraded to "neutral" from "buy" by Merrill Lynch, which cited concern that a sale of the company could...

BPI warns of tough market

British Polythene Industries, the packaging group, warned that the second half would fall short of its performance in the first six months of the financial...

Wimm-Bill-Dann expansion hits profits

Russia's largest dairy producer, Wimm-Bill-Dann, has registered net profits of $22.4 million (€22.8m) for the first half of fiscal 2002, a 3 per cent decline...

India streamlines processing tax

In a move that should prove beneficial to the rapidly growing Indian processed food industry, the government there is trying to rationalise taxes affecting this...

Foodmach Sold to Staff

Foodmach, the Australian food and beverage packaging equipment provider, has said that its employees have taken the opportunity to share ownership of its materials handling...

Premium drinks boost Diageo

The core premium drinks business of Diageo, the world's largest spirits company, again proved the main driver of growth in the first half. The company,...

Acquisitions boost Kerry in first half

Irish consumer foods and ingredients group Kerry has reported a solid first half performance, helped by the addition of the Golden Vale business in Ireland...

Carrefour beats its own expectations

Europe's leading food retail chain Carrefour has surprised even itself with the publication of first half results which were much better than expected. The company...

EU food retail figures drop

In June 2002, as compared to June 2001, the volume of retail trade in the euro-zone decreased by 0.9 per cent but increased by 0.4...

Rexam: lean and mean

Rexam, the world's largest maker of drinks cans, which counts Coca-Cola among its blue-chip customers, has bucked the bear market and looks set for further...

Cadbury, Nestlé to share Hershey?

Rumours that European confectionery giants Cadbury Schweppes and Nestle are preparing a joint bid for their US counterpart Hershey have been played down by the...

Beverage division boosts Rexam

Price recovery in the US beverage can market and increased beverage can volumes in Europe helped Rexam, the consumer packaging group, report a 30 per...

Glanbia closure leads to losses

Glanbia, the Irish dairy food producer, has reported a €40 million loss for the first half of the year in the wake of a €75...

Receivers called in at UK dairy plant

Amelca, one of the UK's newest dairy processors, has gone into receivership just three months after opening its first plant in Foston, Derbyshire, according to...

Stora Enso pays out for US ops

Stora Enso has said that it will take a €1.15 billion charge to help turn its loss-making North American unit to profit as the world's...

Corus price increase

Corus Aluminium Rolled Products has announced an increase in Foil prices for the year 2003. The foils are widely used throughout the food industry for...

Good results for Domnick Hunter

Domnick Hunter, which makes specialist processing plants and gas equipment for the food and beverage industry, predicted a healthy full-year result as it reported a...

Alcan raises stake

Canadian beverage can manufacturer Alcan has concluded an agreement to purchase an additional 20 per cent interest in the Aluminerie Alouette smelter. This transaction increases...

TurboChef 2Q results

TurboChef Technologies has announced further losses for its second quarter ended 30 June 2002. The US-based international provider of rapid cook solutions, said that revenues...

Darling out of the red

Darling International, the US-based food by-products recyclying company, has reported earnings which take it back into the black. For the 2002 second quarter, the Company...

Viskase: weaker earnings

US-based food packaging provider Viskase Companies has announced a rise in earnings for the second quarter 2002, despite a small drop in sales. Net sales...