Archives for November 7, 2006

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Chiquita profits slump as market challenges continue

By  Lorraine Heller

Banana supplier Chiquita has reported a tough third quarter, with profits hard hit by new EU import regulations, irregular weather conditions and concerns about the safety of fresh spinach.

Price not enough to stymy omega-3 growth in Asia

By  Dominique Patton

Price is the most significant barrier to companies looking to market omega-3 fortified products in Asia, says an analyst, but it is not big enough to prevent growth in demand.

Maypro Group gets investment from Marubeni America

By  Clarisse Douaud

Maypro Group announced it has received a minority investment worth around 20 percent of its value from Marubeni America Corporation, an association that could open up new commodity and ingredient sources.

Sugar industry and Splenda embark on new battle

By  Lorraine Heller

The US sugar industry has filed a complaint with the Federal Trade Commission (FTC) against the popular sweetener product Splenda, which it claims is deceptively marketed to make consumers believe it is natural.