23 October 2011
Nestlé reports rise in sales
Swiss food giant Nestlé reported sales of CHF60.9bn ($67.62bn) for the first nine months of 2011, which represents 7.3% organic growth and 4.1% real internal growth.
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23 October 2011
Premier Foods acquires stake in Swaziland companies
UK-based Premier Foods has acquired a stake in two leading Swazi bread companies, Mr Bread and Swaziland United Bakeries (SUB) for €100m ($137.44m).
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23 October 2011
US milk production rises in September
The milk production in 23 US states increased by 1.9% year-on-year this September, totalling to 14.8 billion lb, according to a new report from the US Department of Agriculture (USDA).
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23 October 2011
Chilean food exports to EU countries increase
The number of Chilean food exports to the EU grew by 42% over the past five years, as sales increased from $1,618m in 2006 to $2,304m in 2010, according to...
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20 October 2011
Maple Leaf to set up meats facility in Canada
Canadian food processing company Maple Leaf Foods plans to construct a new C$395m (US$389.79m), 402,000ft² prepared meats facility in Hamilton, Canada.
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20 October 2011
De Cecco acquires Russian pasta group
Italian pasta producer De Cecco has completed the acquisition of Russian PMK group, which accounts for about 10% of the Russian pasta market, from holding Ekoofice in a deal worth...
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20 October 2011
EU extends ban on selected Egyptian seeds
The EU has extended the ban on selected Egyptian seeds and beans, which was imposed in July following deadly E coli outbreaks in Europe.
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20 October 2011
TIC introduces guar gum replacement for bakery products
TIC Gums, a provider of food texture and stabilisation solutions, has introduced a blend of gums to completely replace guar gum in bakery products such as cakes, bread, bagels and...
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19 October 2011
PM Group to build food facility in Saudi Arabia
PM Group has started work on a €45m ($61.79m) food facility in Saudi Arabia for Halwani Bros, one of the Gulf’s oldest food manufacturing companies.
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19 October 2011
US meat exports increase in August
US pork exports in August have reached their highest volume of the year at 186,068Mt, and the second-highest value total of all time at $531.2m, according to statistics compiled by...