SUBSCRIBE

Breaking News on Food and Beverage Processing and PackagingWorldUSEurope

News > Processing

Ahold completes Asian withdrawal

Just days after completing the sale of part of its Brazilian unit, Dutch retail group Ahold has announced the sale of its last remaining Asian business, Thailand-based CRC Ahold. The...

Quest sells ingredients to focus on core business

UK chemical stalwart Imperial Chemical Industries (ICI) will spin off the food ingredients arm of its struggling flavour and fragrance business Quest to Irish ingredients group Kerry, giving the flavours...

Streamlined Glanbia ready for new health strategy

Irish dairy company Glanbia has taken a significant hit to profits and turnover to restructure its operations around a more focused ingredients and nutritional foods business.

Co-op seeks even fairer trade

The next two weeks have been designated Fairtrade Fortnight in the UK, and retailers across the country will be promoting their ranges of ethical products in a bid to increase...

Ingredients company talks directly to the consumer. Is this the future?

Raising consumer awareness of functional foods generally falls into the hands of food manufacturers. But recently formed soy ingredients firm The Solae Company announced this week that it will invest...

Job losses at Tyson

The decision by meat processing giant Tyson to consolidate two poultry manufacturing operations in Mississippi represents yet more upheaval for America's meat processing industry. The firm's decision, which follows a...

Tesco well ahead of the online retailing pack

Tesco, Britain's leading food retail group, has made no secret of its global ambitions, with fast growing businesses in eastern Europe and Asia complementing its number one status in its...

Coke bottling relations investigated

US federal investigators are investigating Coca-Cola's dealings with Japanese company Takasago International in connection with allegations of channel stuffing. It is alleged that the beverage giant overstated financial results for...

Monsanto sees seeds and traits growth

Despite the recent EU ruling against its GM Maize crops, Monsanto has said that it is expecting the continued development of its seeds and traits business will drive its mid-term...

Croatia set for food agency

Croatia is about to get its own food agency, which will work alongside the EFSA to bring the former Yugoslavian state in line with EU food safety regulations ahead of...

Added value pays off for Kerry

Driving hard into value added ingredients has paid off for Irish food group Kerry as the company faces off tougher currency exposure in 2003 to see a steady rise in...

Bulgaria sets up milk board

The Bulgarian government has confirmed that it is establishing a National Milk Board to help consolidate, grow and administer this important sector of the country's food industry.

Specialist retailer turns to the mainstream

The dominance of the multiple retailers in the UK has had a devastating effect on the specialist retail sector there, with the massive buying power of the major chains allowing...

ISP buys up stabilisers in UK

Movement in the global hydrocolloids industry continues this week with ISP Food Specialities, the UK arm of US private company International Specialty Products (ISP), announcing it will buy the UK...

Poland to lift GM ban

As the EU considers moves towards lifting the ban on GM foods, Poland has confirmed that it will overturn a ban on the sale of genetically modified foods and the...

Poland gets more time

As processors in Poland and other accession countries race to comply with EU food safety regulations, the EU Commission has said that it will be prepared to further extend deadlines...

O-I looking to acquire Glasspack

Owens-Illinois has confirmed that it has entered into exclusive negotiations to acquire BSN Glasspack, the second largest glass container manufacturer in Europe.

Fisher acquires Oxoid

Oxoid, one of the leading manufacturers of culture media anddiagnostic products for the food and drink industry, will be acquired by Fisher Scientific International.

Assurance a 'positive' step for meat producers

A report into the benefits of assurance for the UK meat and livestock sector suggests that there is a need to increase the momentum of assurance as a means of...

Safeway takeover in the home straight

It was in January 2003 that Yorkshire-based food retailer Wm Morrison surprised the British supermarket sector with the announcement of a £2.9 billion takeover bid for larger rival Safeway. Now,...

Raisio to refocus on nutrition

Finland's Raisio group is preparing to build a new strategy around health foods, it revealed yesterday, using capital from the planned sale of its chemicals unit to fund growth in...

DSM bets on vitamins profit for 2004

After a 75 per cent drop in operating profit for the third quarter, DSM's final quarter picked up, with better-than-expected turnover at the Dutch group.

Ukraine bottler to expand

Gostomel Glass Factory, Ukraine's largest glass-bottle producer, is borrowing €13.3 million from the EBRD to build a new facility that will enable it to produce 600,000 beer bottles a day.

Tesco planning Lotus expansion

The global pretensions of British food retail market leader Tesco were made quite clear last month when the company announced that it had raise more than £1.6 billion through a...

Quest and raw material prices weigh heavily on ICI

Flavours and fragrance company Quest continues the battle to restore lost business as UK parent company Imperial Chemical Industries (ICI) reports a continuing drop in earnings for the flavours house.