Burgeoning private agribusiness Cargill saw net earnings slip in
the first quarter of 2004, but performance remained on track
topping last year's figures by a wisp.
Limited consumer awareness threatens to restrain the development of
probiotics markets, finds a new Frost & Sullivan report, yet in
Europe the food ingredient is still set to more than triple in
value over the next six years.
Limited consumer awareness threatens to restrain the development of
probiotics markets, finds a new Frost & Sullivan report, yet
sales of the healthy ingredient are still set to almost triple in
value over the next six years.
The European Union has given its first indication that it may lift
its five year block on GMOs, stating that the ban could be lifted
before the end of the year.
European Commissioner David Byrne welcomed the Agriculture
Council's decision this week on new rules to cut the incidence of
foodborne diseases in the European Union. Salmonella alone costs
the EU an estimated €2.8bn.
Balchem has revised its outlook for the third quarter, following
continued softness in the encapsulated and nutritional products
segment, said the firm yesterday.
Germany's third largest chemical company Degussa is to invest a massive €350 million in a new amino acid plant, representing the merged company's biggest single investment to date.
Germany's third largest chemical company Degussa is to invest a
massive €350 million in a new amino acid plant, representing the
merged company's biggest single investment to date. Degussa - the
world's biggest producer...
A project funded by the European development organisation Eureka
has helped scientists to produce a fortifying feed for piglets
without the use of antibiotics.
Ending months of speculation Dutch life science products company
DSM announced today that is to pay CHF 3.5 billion (€2.4 billion)
for Roche's vitamins and fine chemicals division.
When Roche launched the sale of the division...
US company Reilly Industries is to buy Degussa's Belgium-based
vitamin B3 business for an undisclosed sum, giving the US firm the
world's largest capacity for food grade vitamin B3.
The Agricultural Council has made the final adoption of an EU
Regulation controlling the use of additives in animal feed which
specifically targets antibiotics being used as growth promoters.
The Council of Ministers yesterday formally adopted two European
Commission proposals on genetically modified organisms,
establishing a clear EU system to trace and label GMOs in food and
feed products.
Around €17.5 billion is to be poured into food-related research as
the European Commission announces initial investment in the first
year of the EU 6th Research Framework Programme (FP6).
Funds topping €17,5 billion will be poured into food-related
research as the European Commission announces first slice of
investment in the first year of the EU 6th Research Framework
Programme (FP6).
Representatives from 169 countries gathered in Rome yesterday for a
week of talks led by the Codex Alimentarius Commission. High on the
agenda, food safety, biotechnology, food irradiation and an
overhaul of the Codex structure.
BASF Fine Chemicals division said this week that it will
temporarily suspend lysine production at its Gunsan, Korea plant
due to essential maintenance work. The lysine plant will be
shutdown at the beginning of August for up to 3...
Forberg International has upgraded its range of laboratory machines
with the launch of four new models aimed at research and
development of food applications.
The Food and Agriculture Organisation of the United Nations (FAO)
said in a statement this week that the discovery of bovine
spongiform encephalopathy (BSE) in a cow in Canada should not
result in widespread hysteria in Europe and...
The baton has been passed - and not too soon either. The European
Food Safety Authority (EFSA) has, at last, appointed the body of
scientists charged with the responsibility of scientific assessment
of food safety issues in Europe,...
A US survey, sponsored by a leading organic produce supermarket,
has revealed that almost three quarters of Americans are concerned
about the presence of antibiotics in meat production, yet less than
half are aware that the meat they...
The European Court of Justice has this week annulled the
Commission's decision to end the ban on bovine products from
Portugal, following a French-led legal challenge. The ruling is
expected to have a European-wide impact on...
The Standing Committee on the Food Chain and Animal Health at the
European Commission has adopted a series of transitional and
permanent implementing measures in preparation for the application
of the Animal By-Products Regulation...
Growing Finnish food and animal feed company Raisio is to acquire
all the shares of Swedish biotech company Diffchamb. The move marks
a step forward in the Finnish company's overall aim to expand its
Life Science unit business...
The Commission recently discussed some of the Member States'
comments on its proposal to regulate fortified foods and adding
vitamins and other nutrients.
Could enzymatic changes in complex carbohydrates improve the
nutrient content of food and animal feed? European researchers
suggests their findings will not only benefit processing
technologies but also improve the quality of a variety...
A growing market for soy protein products and soyfoods in Western
nations is helping to create a new value-added market for soybeans
beyond the traditional uses of crushing for animal feed and
vegetable oils, according to a new report.
As the questioning consumer continues to show concern over the
safety of food products and notably the use of antibiotics in farm
animals, new research could offer a healthy alternative to boost
the immunity system of pigs - fish...
As the GM debate takes to the road in the UK this week with
promises of consumer feedback via conferences and meetings, here
below we have selected an article by Lyndsey Greig of market
analysts Frost & Sullivan that takes a closer...
As research in laboratories across the globe continues into the
presence of potential carcinogen acrylamide in a variety of foods,
the US Food and Drug Administration (FDA) emphasised last week that
consumers should continue to eat...
Choline maker and encapsulates supplier Balchem reported a strong
30 per cent increase in sales for 2002 this week, thanks to growth
in both its core units. The global company also saw a 45 per cent
increase in its net income to $7.4...
Encapsulates company Balchem reported a 30 per cent increase in
sales for 2002 this week, up to $60.2 million. Growth in both its
core units also brought a 45 per cent increase in its net income to
$7.4 million, the Baltimore-based...
The whole infrastructure of European egg production will be
decimated ifcurrent legislation to improve animal welfare is
allowed to passunhindered into European law, without protection
against importsproduced to lower standards.
Roche has completed its previously announced exit from the vitamins
business, signing a contract yesterday with Dutch speciality
chemicals group DSM, the new owner of its vitamins and carotenoids
unit. Roche added that it has also...
Finland's Raisio Group today reported consolidated sales in 2002 of
€843.1 million, up 2.5 per cent on last year, thanks largely to
good sales in the Life Sciences unit, which makes
cholesterol-lowering ingredient Benecol.
The European Food Safety Authority (EFSA) is slowly taking form -
several months behind schedule - with the announcement this week
that it is currently on the look out for scientists to join its
scientific committee and scientific...
Food ingredients giant Cargill this week reported $319 million in
earnings from continuing operations for the 2003 second quarter, a
25 per cent rise on last year's figure of $256 million. The
company's net income for the...
Two of the biggest names in US agriculture have joined forces to
create a new company focused on speciality ingredients, in
particular soy proteins and lecithins. DuPont will control the
company, dubbed Solae, with Bunge taking a...
The board of directors for the National Food Processors Association
in the US has approved a position on the use of food crops for
production of plant-made pharmaceuticals (PMP) and industrial
compounds. Undoubtedly the move will...
In the US, Bion Environmental Technologies and the California
Agricultural Technology Institute will work together to assess the
performance of a Bion NMS dairy waste treatment system.