Imperial Sugar Company reported a net loss of $6.5m in the second quarter, compared to a net profit of $4.2m in the prior year period, while net sales were up 5.6%.
Dispatches from the 6th Annual Food Technology & Innovation Forum, 2012, Chicago
If you didn’t make it to Chicago for the Food Technology and Innovation Forum last week – or were too busy speed-dating with suppliers in the exhibition hall to attend the conference - we’ve rounded up some of the best bits…
The National Consumers League (NCL) has filed a formal complaint with the Food and Drug Administration (FDA) about the NuVal on-shelf nutrition rating system – and urged the agency to standardize nutrition rating schemes.
MGP Ingredients (MGPI) reported a 34% increase in sales in the first quarter of 2012, led by food grade alcohol and better results in its food ingredients segment.
US pork exports rose 8% in volume and 20% in value in the first quarter of 2012, reaching 598,058 tonnes (t) and US$1.66bn, according to the US Meat Export Federation (USMEF).
PriceWaterhouseCoopers (PwC) has warned the US food industry that 2012 will be “all hands on deck” to implement the provisions of the Food Safety Modernisation Act (FSMA).
The proportion of Americans who say they would like extra on-pack information about their food has increased over the past two years, according to new poll results from the International Food Information Council (IFIC).
Ultima Foods has signalled its intention to “solidify” its leadership of the Canadian dairy industry through a double edged agreement that will see it continue to produce Yoplait brand yogurt and launch of its own brand of yogurt products.
Minnesota-based World Food Processing has acquired Kerry Flavors’ soy protein isolate manufacturing facility, as it looks to expand its non-GMO and organic soy capacity in the face of growing demand, the company has said.
Changing children’s snacking intentions and behavior could be crucial in reducing childhood obesity rates, as US children consume about a quarter of their daily calories from snacks, according to a new study published in International Quarterly of Community...
Health Canada is considering new rules for the labeling of prebiotics in foods, which could mean some food companies have to drop or modify existing health claims, the agency has said.
North American snack firm Snyder’s-Lance plans to foster future growth through mergers and acquisitions to complement its core brands which helped it marginally improve sales in its Q1 results
US processor Dean Foods has reported 'stronger than forecasted' results for the first quarter of 2012 – citing the declining price of raw milk and solid growth across its segments as defining factors.
Hostess Brands has sent letters to its 18,500 employees warning of possible liquidation and job losses, after a federal judge ruled on Friday that the company could cancel all union contracts.
Cacao pod husks – a major by-product of cocoa processing – could provide industry with a new, environmentally friendly source of pectin, say researchers.
Demand for cocoa is expected to climb 30% in the next 10 years creating a 25% shortage of current supply, according to North American cocoa processor and chocolate ingredients supplier Blommer Chocolate Company.
Grain Processing Corporation (GPC) has opened a new ‘solutions center’ at its headquarters in Muscatine, Iowa, to provide its technical and research teams with a new kitchen, laboratory and presentation area for new product development and customer training.
High raw material costs continued to impact International Flavors and Fragrances (IFF) in the first quarter, as it reported a 4% decline in net profit, the company reported on Wednesday.
Smaller portion sizes, curbing food marketing to children, cutting sugary drink intake and boosting availability of healthy foods are among policy recommendations in a new report from the Institute of Medicine (IOM).
US Food and Drug Administration (FDA) draft guidance on the use of nanotechnology in food and food contact substances represents only “marginal progress” towards regulation of the technology, a petition group has claimed.
Red Bull is launching a new variant of its eponymous energy drink with no calories, sugar or carbohydrates, adding to a limited product portfolio that analysts had identified as a weakness.
US meat manufacturer Beef Products Inc (BPI) is closing down three of its plants permanently after a month of suspended production caused by the ‘pink slime’ scandal.
US meat processor Tyson Foods has registered a 3.7% rise in sales in the second quarter of 2012, despite “extremely challenging market conditions” in the beef segment.
From stevia to monk fruit, oats, agave nectar and coconut palm sugar. In the second of our spring special editions, we look at what’s next for natural sweeteners.
Sales of ice cream and frozen desserts in the United States were worth $25.1bn last year, according to a new report from Packaged Facts – representing a 2.4% rise over 2010, following two years of flat sales.
Eating for pleasure may stimulate the brain’s reward centers and lead to overeating in a way that eating to satisfy hunger does not, according to findings from a small study published in The Endocrine Society's Journal of Clinical Endocrinology &...
The Californian ‘Right to Know’ campaign in support of labeling foods and ingredients produced using genetic engineering looks set for inclusion in the state’s November ballot, after it attracted nearly a million signatures. If enacted, what would the...
The United States Department of Agriculture (USDA) has expanded its partnership with the World Cocoa Foundation (WCF) in a bid to boost cocoa production in developing countries and improve livelihoods for cocoa farmers.
Snacking accounts for nearly half of all eating occasions in the United States – and healthier, more global ingredients are increasing in popularity, according to market research organization The Hartman Group.
Supplementation with cacao-flavonoids and soy isoflavones may improve levels of biomarkers of heart disease in postmenopausal, diabetic women, says a new study.
Kraft Foods reported a 1.8% increase in first quarter profit after it raised prices for its products around the world and increased sales of its ‘power’ brands, particularly in developing markets.
The US Department of Agriculture (USDA) has outlined a series of measures to conduct future meat product trace backs in a “pre-emptive” manner to catch E.coli O157:H7 contamination at an earlier stage.
Stevia supplier GLG Life Tech has stopped trading on the Toronto Stock Exchange after it received a full cease trade order from the British Columbia Securities Commission, due to delayed filing of its year-end financial statements and related documents.
Firmenich has renewed its sweet taste collaboration with San Diego-based flavor firm Senomyx, which has reported lower revenues in the first quarter, including decreased income from the sweet taste partnership.
Canada Bread and its parent company Maple Leaf Foods were both harmed by weak fresh bakery volumes in the first quarter (Q1), negatively impacting companies' profits.
The Food and Drug Administration (FDA) has issued a new strategic plan for food and nutrition over the next four years, including new initiatives related to food labeling and collaboration with industry on public health goals.
Chocolate giant Hershey has announced plans to use GPS mapping for cocoa farms in Ghana to help farmers better manage their resources as labour groups continue to doubt the company’s commitments to eradicate the worst forms of cocoa child labour.
Processing parts specialist Thomas Precision is hoping to expand further into the international market with the development of innovative coating technology.
