News

  • 26 January 2012

    McCormick reports drop in Q4 net income

    US-based spice and seasoning maker McCormick & Company's fourth quarter net earnings fell by 1.4% to $131.7m as a result of acquisition-related transaction costs and higher raw material costs.

  • 25 January 2012

    IDB raises €350m in loans to fund expansion plans

    The Irish Dairy Board (IDB) dairy co-operative has raised €350m in loans from international banks in order to expand its sale of Irish dairy products into new markets including Russia,...

  • 24 January 2012

    Ajinomoto to boost flavour seasoning production in Brazil

    Japanese ingredients company Ajinomoto has begun construction of its 2bn-yen ($25.97m)Tempero Sazón plant expansion in São Paulo, Brazil, as part of its 2011-2013 strategy to grow its overseas consumer foods...

  • 23 January 2012

    ConAgra to upgrade Indiana popcorn plant

    US-based packaged foods company ConAgra plans to invest $15.6m in the upgrade of its Orville Redenbacher's microwave popcorn plant in Rensselaer, Indiana.

  • 23 January 2012

    Anil Group to construct food park in India

    Indian diversified business house Anil Group is set to start construction of a $39.18m mega food park in Gujarat next month, which has the potential to home 30-40 food processing...

  • 22 January 2012

    Czech Republic bans Polish eggs

    The Czech Republic has banned the import of eggs from Poland as the country failed to comply with the new EU laying hen welfare regulations.

  • 22 January 2012

    Glanbia to expand into Idaho

    Glanbia Foods, the US subsidiary of Irish Glanbia, plans to invest $15m in the construction of a corporate headquarters and innovation centre in Twin Falls, Idaho, US.

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