Cross Category

Novozymes Posts “Positive” Q1 Results with Sales and Earnings “On Track”

26 Apr 2017 --- Denmark-based biotechnology company Novozymes has reported overall positive Q1 results with a 3% organic sales growth mainly driven by food & beverages and bioenergy. The company reports that sales and earnings are on track with this “good start to 2017” which has also seen solid progress on Novozymes strategic priorities. 

Duas Rodas Invests US$7 Million in Chilean Plant

26 Apr 2017 --- Duas Rodas, a key international company in the manufacture of aromas and ingredients for the food and beverage industries is set to inaugurate new facilities for its factory in Chile. The investment of more than US$7 million is part of the strategy of consolidation and expansion of the Brazilian multinational in the Latin American market.

NIZO Partners on Center of Excellence for Product & Process Modeling

26 Apr 2017 --- At yesterday’s Advanced Process Modelling Forum Process Systems Enterprise (PSE), the Advanced Process Modelling company, and NIZO, the world’s leading food & nutrition contract research organization, announced the formation of the Center of Excellence (CoE) for Food Product and Process Modelling.

Colombian Daabon Receives World-First Award for Sustainable Palm Oil

25 Apr 2017 --- Colombian-based Daabon Group has been awarded for its pioneering approach to sourcing sustainable palm oil in Latin America by becoming the world’s first oil palm grower to receive certification from industry body – The Roundtable on Sustainable Palm Oil – that shows the company has exceeded global standards.

Key Interview: Symrise Addresses Premium Indulgence Trend in Savory

25 Apr 2017 --- As a result of globalization, consumers’ social and culinary horizons have broadened considerably over the past years. Increased exposure to new cultures and cuisines has whet consumers’ appetites for novel flavors, textures and food combinations, and this culinary curiosity, in combination with increased awareness and expectations of the healthiness and sourcing of food products, is putting suppliers’ skills to the test.

PPG Industries Sweetens Offer for AkzoNobel to $29 Billion

25 Apr 2017 --- PPG has submitted a third takeover offer for a combination with the Dutch paint and chemicals firm Akzo Nobel N.V. The comprehensive proposal letter, which was provided to Messrs. Antony Burgmans, Chairman of the Supervisory Board and Ton Büchner, Chief Executive Officer and Chairman of the Board of Management, detailed PPG’s increased price of €96.75 (cum dividend) per outstanding ordinary share of AkzoNobel, comprised of cash of €61.50 and 0.357 shares of PPG common stock. Including the assumption of net debt and minority interests, the proposed transaction is now valued at approximately €26.9 billion, or $28.8 billion.

Kraft Food Ingredients Adds Renowned Heinz Brands to Portfolio

25 Apr 2017 --- Kraft Food Ingredients has added Heinz Ketchup and Lea & Perrins Worcestershire Sauce along with a variety of Heinz vinegars, relishes and sauces to its broad portfolio of ingredient solutions. These products are now available in several sizes and formats to meet a full range of manufacturing and foodservice needs.

Flat Bakery Segment Bites into Corbion’s Q1 Results

25 Apr 2017 --- Corbion has reported sales of €229.9 million (US$250.3 million) in the first quarter of 2017, an increase of just 0.7%, with the bakery segment falling short of expectations. And this will impact future financial results for 2017 with the company claiming that the losses in Bakery will dampen growth.

Britvic Boosts Subway’s Low and No Sugar Drinks Initiative at UK Hospital Stores

25 Apr 2017 --- As part of an initiative to cut down on the amount of sugary drinks sold at hospital-based franchises, Subway has announced its 12 NHS stores in the UK have met the relevant criteria relating to food and drink sold on NHS premises for 2016/17.

Bunge Acquires Argentine Edible Oil Company

24 Apr 2017 --- Bunge Southern Cone and Aceitera Martínez S.A. have entered into an agreement to transfer all of Aceitera Martínez’s assets to Bunge. A family-run business for more than 60 years, Aceitera Martínez specializes in the production and packaging of edible oils, including sunflower and soybean oil. 

Sunflower Seeds May Pose Increased Health Risk in Many Low-Income Countries

24 Apr 2017 --- Michigan State University researchers have shown that sunflower seeds are frequently contaminated with a toxin produced by molds and pose an increased health risk in many low-income countries worldwide. 

Monsanto Completes $50 Million Plant Expansion in Muscatine

24 Apr 2017 --- Monsanto has completed a $50 million expansion at its Muscatine, Iowa plant. The expansion provides increases the formulations and packaging capacity at the plant to support the launch of Monsanto’s dicamba-tolerant trait technologies.

Tate & Lyle Leads US$8 Million Investment in Chickpea Innovator Nutriati

21 Apr 2017 --- Nutriati, a food technology company focused on the research, development and commercialization of innovative plant-based food ingredients, announced that it has closed on an US $8.0 million investment round. The investment round was led by London-based Tate & Lyle Ventures, which invests in expansion-stage companies in food sciences and enabling technologies in line with Tate & Lyle PLC’s strategy to grow in specialty food ingredients, and Powerplant Ventures, a Los Angeles-based venture firm that invests in visionary companies that leverage the power of plants to deliver better nutrition in more sustainable and ethical ways. 

Unilever Snaps Up NY Condiment Maker

21 Apr 2017 --- A day after posting solid Q1 results, Unilever has announced it has signed an agreement to acquire Sir Kensington’s, a New York-based condiment maker, although the terms of the deal have not yet been disclosed.
Considered a pioneer and leader in condiments for organic and natural markets, Sir Kensington’s has shown strong growth since starting out in 2010 and has a range of award-winning products including mustard, ketchup, mayonnaise and a ground-breaking vegan mayo, Fabanaise, which is made from aquafaba.

AAK Proud of “All-Time High” Operating Profit for Q1

21 Apr 2017 --- Swedish-Danish company and producer of vegetable oils and fats AAK has reported an all-time high operating profit for the first quarter 2017 which reached SEK 431 million (US$48 million), up 13% on last year. The company says how total volumes continued to grow and were 10% up, while organic volume growth was 5%, against a backdrop of strong demand for speciality and semi-speciality products which also generated a volume growth of 6%.

Golden Peanut and Tree Nuts to Upgrade, Modernize Argentina Plant

21 Apr 2017 --- Golden Peanut and Tree Nuts, a subsidiary of Archer Daniels Midland Company (ADM) has announced that it is investing in a significant upgrade to its peanut processing facility in Alejandro Roca, Cordoba, Argentina. The upgrade plans include the addition of an in-house blancher and the construction of a cold storage warehouse. 

Changing Consumer Tastes Takes A Bite Out of Nestlé Profits

20 Apr 2017 --- Amid changing consumer tastes, Swiss food giant Nestlé has achieved its modest 2-4% growth target for three-month sales for 2017 as weak consumer demand impacts packaged foods in North America and weak prices in Western European markets affect growth. Nestlé says sales increased by 0.4% on a reported basis to CHF 21.0 billion (US$21 billion), while organic growth was solid at 2.3%, with 1.3% of real internal growth (RIG) and pricing of 1.0%.

Overall Sales Growth at Unilever for Q1

20 Apr 2017 --- Unilever has posted its Q1 results which show a solid start to 2017 with projections on track for the rest of the year. Turnover increased 6.1% to €13.3 billion (US$14.3 million), including a positive currency impact of 2.4%, while underlying sales grew 2.9% with price up 3.0% and volume down 0.1%.

UK Snap Election Adds More Uncertainty for Food Industry

19 Apr 2017 --- As British MPs prepare to vote on Prime Minister Theresa May’s call for a June 8 general election later today, the food and farming industries are urging the UK government to support the sectors which are vital to the UK economy. May’s snap call for a general election is due to be backed by MPs this afternoon, so the UK government can make a success of Brexit and focus on negotiating the best deals as the country exits the European Union. 

Bread Wheat Genome: Researchers Develop More Accurate Navigation System

19 Apr 2017 --- Scientists have created the most accurate navigation system for the bread wheat genome to date – allowing academics and breeders to analyze its genes more easily than ever before.

Alternative Processed Fruits Source

07 Jun 2011 --- With volatile commodity prices widespread in the fruits sector, Chile can offer an alternative source to Northern Hemisphere countries; allowing manufacturers to spread their bets.

Relishing Stability Challenges

23 Feb 2011 --- Many table sauce manufacturers start their stabilizer search with starches, as with the right modifications they can provide the required stability for ketchups, mayonnaises and dressings, canned and tomato sauces.

Clean Label Sweetening Solution

07 Feb 2011 --- Nutritis leans upon an innovative process to offer a wide range of custom-made sugars from fruits, adapted to the food industry needs, which combine naturalness and nutritional benefits.

Relishing Stability Challenges

04 Feb 2011 --- Many table sauce manufacturers start their stabilizer search with starches, as with the right modifications they can provide the required stability for ketchups, mayonnaises and dressings, canned and tomato sauces.

Industry Innovation - Fortifying with Fiber

01 Dec 2010 --- Because inulin and oligofructose are soluble fibers, they can be utilized in a variety of products including bars, beverages, cereals, baked goods, confections and dairy products.

Sensory Thrills and Oats Resurgence

01 Dec 2010 --- Innova Market Insights show us a selection of the latest trends and innovations.

Maximizing Yeast's Health Potential

01 Oct 2010 --- Lesaffre Human Care is tresenting a new probiotic yeast, for people suffering from intestinal discomfort and Irritable Bowel Syndrome (IBS)

Smart Apple Processing Solutions

30 Jul 2010 --- Enzymes play a crucial role in juice production, offering many benefits to manufacturers. A look at a new range of effective enzymatic solutions which are currently available for apple processors – DSM Food Specialties.

Role for Pulsed Electric Fields

29 Jul 2010 --- Pulsed electric fields allow an accelerated mass transport in plant or meat tissue and an improved release of intracellular substances.

Show Review: Vitafoods 2010

06 May 2010 --- Key Products at Vitafoods. A guide to plan your visit to Vitafoods 2010. Some of the innovations to watch.

Feel the touch of innovation at FIE

23 Sep 2009 --- Palsgaard is a specialist in the manufacture of emulsifiers, stabilizers and other specialized ingredients for the food industry. Palsgaard provides application service to help our customers make the step between idea and production as short as possible. At the upcoming FIE, we will present new innovations within all of our application areas; bakery, confectionery, dairy, ice cream, lipid and fine foods.

Mayonnaise - Dressings & Vinegar

03 Sep 2009 --- This review focuses on ‘Mayonnaise - Dressings & Vinegar’ product launches on a global basis.

"Free From" Product Trends

01 Jun 2009 --- This review focuses primarily on global gluten free, dairy/lactose free and wheat free product launches tracked by the Innova Database

Sweet Biscuits & Cookies

01 May 2009 --- This review focuses on ‘Sweet Biscuits/Cookies’ product launches globally from the Innova Database.

Use of Weight Management Ingredients

10 Apr 2009 --- Innovative ingredients for weight management.

Gut Health and Salt Reduction

23 Dec 2008 --- Find out products with gut health and salt reduction claims. The presentation is offered by Innova Market Insights in collaboration with FoodIngredientsFirst.com

Skin health and fibers

23 Dec 2008 --- Presentation on products using skin health claims and/or fibers. This presentation was made by Innova Market Insights and FoodIngredientsFirst.com

Sweeteners review

01 Dec 2008 --- A presentation brought to you by Innova Market Insights on sweeteners.

Satiety Ingredients in revieww

01 Sep 2008 --- Review on products using satiety ingredients. This presentation is brought to you by Innova Market Insights and FoodIngredientsFirst.com.