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rohit selva
Sep 28, 2011, 10:25:55 AM9/28/11
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food finance
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ACCESS FULL STORIES India considers raising tariffs on imported refined palm oil The Indian food industry is bracing itself as the government considers raising the import duties on processed palm oil... Read Sugar prices kept artificially high, say US bakers and confectioners on reform path Last week, hundreds of confectioners and bakers gathered on Capitol Hill, the meeting place of the US congress, to call for an end to the sugar price support programme, which they claim is keeping sugar prices artificially high and forcing food companies out of business... Read New product network to take Malaysian foods to Singapore, UAE A new Malaysian initiative will set up a new food product network that will take locally made food products to overseas markets, according to Malaysia's Federal Land Development Authority (FELDA)... Read Cargill flavours buy not transformational but good fit for Kerry, analyst Kerry's acquisition of Cargill's flavour systems for €168m ($230m) is by no means transformational but will boost the Irish ingredient firm's beverages and dairy flavours portfolio, claims an analyst... Read Buyer wanted for Highland Toffee firm The search for a buyer for Highland Toffee firm, New McCowans is hotting up after administrators Grant Thornton confirmed they are in discussions with interested parties... Read Is it the end of the line for Highland Toffee and Wham Bars? Scottish brands Highland Toffee and Wham Bars are among the familiar names under threat as the company that owns them goes into administration for the third time in six years... Read | |||||||||||||||
Drinks firm AG Barr's $64M mystery share question The $64M question as to why AG Barr's shares trade at a 20% premium on similar stock remains a mystery to analysts as the company prepares to post its interim results next week... Read Amcor eyes global benefits with US packager and distributor acquisition Amcor Packaging Distribution (APD) has announced it has taken over Marfred Industries in a bid to boost its worldwide manufacturing and distribution network... Read ConAgra to pursue 'pipeline of alternatives' post failed Ralcorp bid ConAgra has made an unsteady start to the financial year as unexpectedly high inflation and wheat market dynamics pushed profit down, despite rising sales... Read PureCircle sales fall, awaiting EU stevia approval PureCircle said that a "delay" in regulatory approval for stevia in the EU was a factor contributing to lower-than-expected sales for the year... Read First half profits for Dairy Crest up on last year Dairy Crest expects overall profits for the six months ending September 30 to be just ahead of the same period last year as higher selling prices offset higher input costs... Read Sealed Air set to become global leader in food processing hygiene sector Sealed Air's bid to become the leading global player in the food processing hygiene sector received a boost yesterday after it announced its planned takeover of Diversey had been given the green light by all competition authorities... Read Wild Flavors to acquire mint specialist A.M. Todd Wild Flavors has said it will acquire certain assets of natural mint flavor specialist A.M. Todd Group to allow it to expand into new markets and better respond to its customers' demands... Read Frutarom enters US savory flavors market with latest acquisition Israeli flavor firm Frutarom has agreed to acquire Cincinnati, Ohio-based Flavor Systems International for up to $45.3m, the company has said... Read | |||||||||||||||
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