Hershey fined $4m for Canadian price fixing
Hershey Canada has been fined $4m after pleading guilty to fixing chocolate prices in Canada.
Archives for June 23, 2013
US anger over failure to pass five-year farm bill
US farmers have reacted with shock and disappointment to the House of Representative’s decision not to pass a five-year farm bill.
TreeHouse Foods to acquire mayo, dressings and sauces maker Cains Foods in $35m deal
Private label specialist TreeHouse Foods has struck a deal to acquire Cains Foods, a privately owned manufacturer of shelf stable mayonnaise, dressings and sauces, based in Ayer, Massachusetts, for $35m.
Solazyme & Roquette to each go it alone on microalgae-sourced ingredients
Californian algae expert Solazyme and French ingredients giant Roquette have dissolved their joint venture Solazyme Roquette Nutritionals (SRN), with Solazyme promising to accelerate commercialization of its suite of microalgal food ingredients.
Big interview: Ted Nixon, chairman and CEO, DDWilliamson
DDW: We could be as big in natural colors as we are in caramel colors in 5-10 years
Founded in 1865 - the year Lincoln was assassinated - DDW has been in the food colors business for an astonishing 148 years. But there’s no room for complacency, CEO Ted Nixon tells Elaine Watson during a visit to the firm’s HQ in Louisville, KY.
Green bull? ‘Natural energy’ grows health claim wings
The EU energy market is set to grow by €1bn by 2017 and much of that could come from ‘natural energy’, a sub-sector that has been boosted by recent health claim approvals, says Euromonitor International analyst, Diana Cowland.
CP Kelco starts Brazilian pectin expansion as global demand rebounds
Hydrocolloid giant CP Kelco has announced the first phase in a series of projects to expand its Brazilian pectin operation by 30% to cope with rebounding demand for the ingredient.