Archives for August 31, 2004

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Mitsubishi grows food business

Mitsubishi has strengthened its foothold in the North American food market with its purchase of the ingestibles business of Dublin, Ohio based Ashland Distribution.

Aarhus sees improving sales in first half

First half sales at Aarhus United fell 3 per cent, eroded by price competition in bulk oils, but improved volumes, particularly in Mexico, and reduced costs helped it generate solid operating profits.

Vegetable compound stops breast cancer cell growth

The broccoli compound sulphurophane disrupts the growth of breast cancer cells in later stages, a US team has found. They say their study reveals for the first time a possible explanation for the compound's well-known anti-cancer activity.

US pursues CMC dumping inquiry

The United States International Trade Commission (ITC) has decided to pursue its investigation into alleged dumping of the hydrocolloid ingredient purified carboxymethylcellulose (CMC) after an initial complaint by Aqualan, a division of the Hercules...

Encouraging signs for Glanbia's nutritional business

Food ingredients sales at Irish dairy firm Glanbia jumped 20 per cent during the first half and lifted profits 49 per cent higher than the previous year, reported the company, which is targeting strong growth for its ingredients business under a new,...

Broad welcome for dietary guidelines

Every five years the Dietary Guidelines for Americans are updated by the Department of Agriculture, and last week's offering stirred up an interesting mixture of praise and concern from the US food industry.

Sales up, but costs keep Hain's income down

Natural foods group Hain Celestial Group has reported a mixed bag of results for fiscal 2004, announcing a healthy 17 percent increase in sales over the year, though net income was down on 2003.