CSM slices away unprofitable ingredients units
Shaving off unprofitable units, Dutch ingredients firm CSM said this week it would close four of its bakery ingredients distribution units in the US.
Archives for February 21, 2005
Splenda maker invests heavily in NPD
Race for the next high margin ingredient continues as the UK maker of Splenda sweetener signs off $46 million over the next five years to invest in "next-generation food and industrial ingredients".
Canada gears up for labeling changes: GM and nutrition
When nutritional labeling comes into force in Canada later this year, manufacturers may also take advantage of the need to change their labels to stipulate whether their products' ingredients are genetically engineered.
Sensient sees small rise in Q4 earnings
Flavors company Sensient Technologies said last week that fourth-quarter earnings rose 2.5 percent, lifted by foreign exchange rates and higher profit from sales of traditional flavors in Europe and North America.
Cinnamon drop: latest ingredient to go trans fat free
As the deadline for trans fats labeling approaches, confectionery manufacturer Wilbur last week launched a zero trans fat cinnamon drop.
Illegal red colour sparks massive recall in UK
Pressure on food makers to more frequently track ingredients for contaminants intensifies as the UK's food watchdog on Friday pulls over 350 food products from the shelves after detecting the illegal ingredient, the red food dye Sudan I.