Canola protein pioneer BioExx files for bankruptcy protection
Canadian canola protein specialist BioExx has filed for bankruptcy protection under the Companies’ Creditors Arrangement Act (CCAA) for an initial period expiring on October 31.
Archives for October 9, 2013
Diet soda in a funk says Wells Fargo: ‘PepsiCo will be forced to do something soon to stop the share and volume losses’
Dollar sales of low/zero calorie carbonated soft drinks (CSDs) plunged 8.6% in the four weeks to Sept 28, according to the latest Nielsen xAOC* data, which shows the diet soda market remains stuck in a rut.
What do higher gas prices mean for convenience stores, and how can food marketers fight back?
If you’re paying more at the pump, you’re likely to spend less on groceries at the convenience store - or just pay at the pump and skip the store altogether. So what do higher gas prices mean for firms supplying the c-store channel?
Hershey launches Lancaster caramel brand in US after successful rollout in China
Lancaster - a new soft caramel brand launched by Hershey in China earlier this year - will be rolled out across the US in January 2014, bosses at the confectionery giant have revealed.
Outside forces hit Cargill’s earnings
US meat processor Cargill has reported a drop in earnings for the first quarter of fiscal 2014 as a result of ongoing drought and smaller harvests.
Patent Watch
'It's too milky!': Unilever files patent to control color of aerated chocolate
Adding low levels of red and black pigments to chocolate prior to aeration can prevent aerated chocolate from getting lighter and potentially putting off consumers, according to a patent filed by Unilever.
Anuga
US firm seeks canned chicken success in Europe
US tinned meats producer Crider Foods is hoping to replicate its canned chicken’s North American success in Europe after gaining European certification for its products.
Parents seeking balanced approach to nutrition in bakery: Cargill
As parents look to strike a balance between healthy and unhealthy foods in their childrens' diets, bakery manufacturers have an opportunity to innovate with healthier products in the cookies, breads/rolls, crackers and snack bars categories, according to...
Nestlé, Unilever rubbish Brazilian ice cream antitrust allegations
Nestlé and Unilever have rubbished allegations that they violated Brazilian competition law by preventing the exposure of rival ice cream products at retail level.