Archives for February 9, 2005

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FDA demands budget for food security

As the world dissects George Bush's budget, the FDA yesterday (Tuesday) announced its monetary proposal for fiscal 2006 with security at the top of the food agenda.

Genencor buy fits into strategy, says Danisco

Set to see sugar profits dip with incoming European sugar reform, Danisco's announcement last week to acquire enzyme player Genencor is the latest in a string of acquisitions that will go some way to bridging the sales gap, writes Lindsey Partos.

Q4 profit slight, but Bunge optimistic

Bunge, the biggest processor of oilseed in the world, was extremely upbeat about its results yesterday, despite volatility in the fourth quarter keeping profit back to five percent, writes Philippa Nuttall.

Second round of price hikes at Solae

Solae announced yesterday that its customers were to suffer another round of price rises because of increased consumer demand for soy protein.

Splenda logo to appear on new Diet Coke

Sales and consumer awareness of sweetener from UK manufacturer Tate & Lyle look set to rise as number one global soft drinks player launches a new version of Diet Coke, complete with Splenda sucralose logo on the packaging, writes Lindsey Partos.