Archives for February 10, 2012

← 2012

USDA delays controversial E.coli law

By Carina Perkins

The USDA Food Safety Inspection Service (FSIS) has announced that it will delay the implementation of a controversial programme to test beef products for non-O157 Shiga toxin-producing E. coli (STEC).

IFF profits slump 56% on ‘unprecedented’ raw material costs

By Caroline Scott-Thomas

International Flavors and Fragrances (IFF) saw net profits slump 56% in the fourth quarter due to one-off costs and ongoing high raw material prices, but adjusted results were largely in line with analysts’ expectations.

Q4 net profit soars 83% at Corn Products International

By Caroline Scott-Thomas

Net profit soared 83% at Corn Products International in the fourth quarter of 2011 on the back of higher sales, increased prices, and a one-off accounting gain, the company said Thursday.