Campbell Soup reports decrease in Q1 earnings
US-based Campbell Soup reported that its net earnings for the first quarter of 2011 declined 5% to $265m, compared with the same period in 2010, due to lower volumes and...
Focus:
US-based Campbell Soup reported that its net earnings for the first quarter of 2011 declined 5% to $265m, compared with the same period in 2010, due to lower volumes and...
US-based producer of functional ingredients Nu-Tek has developed a new product, the Nu-Tek Potassium Chloride, which can lower the amount of sodium required in baked foods by 30%.
New Zealand-based dairy company Synlait has opened an infant formula plant in Dunsandel, Christchurch, New Zealand, with an investment of NZ$100m (US$75.20m).
Researchers at the Universitat Politècnica de València in Spain have developed a technique that reduces the amount of salt in already desalted cod by 50%, an innovation that could help...
Swiss food giant Nestlé is investing €45m ($60.73m) in the expansion of its Wagner facility in Otzenhausen, Germany, with the aim of strengthening its pizza business.
Danone-Unimilk, the Russian subsidiary of French dairy company Groupe Danone, plans to invest RUR2.2bn ($71.4m) in the expansion of its Labinsk facility.
Barry Callebaut and PT Comextra Majora have entered into a joint venture (JV) to establish a new cocoa products company named PT Barry Callebaut Comextra Indonesia.
Korean food and financial conglomerate Dongwon has signed an agreement to acquire Société Nouvelle Conserveries du Senegal (SNCDS), a leading cannery in Senegal, for $21m in order to expand its...
Scottish food manufacturer Baxters has announced that it has bought the Fray Bentos brand from seafood giant Princes.
American food company HJ Heinz reported that its net income decreased 5.7% to $237m for the fiscal second quarter that ended 26 October 2011, compared with $251.4m in the corresponding...