Top stories on just-food this week
The topic of swine flu has certainly captured many media headlines this week as the pork industry waits to assess the full impact. Also under strain, Fonterra decided to quit its venture in India after realising too much investment was needed behind the business. Dutch food group Vion also announced plans to close a bacon processing site close in the UK. A company that doesn't seem to be suffering too much however, is Unilever, which this week announced its intention to buy ketchup maker Baltimor Holding. These are the top stories on just-food this week.
Swine flu: the fall-out for food
As so-called swine flu spreads across the globe, just-food captured the news this week that has affected businesses in the already besieged US pork industry. The sector took a defensive stance over misconceptions that products are associated with the spread of disease as shares rallied.
RUSSIA: Unilever to buy Russian sauce business
Anglo-Dutch consumer goods giant Unilever has today (29 April) announced its intention to buy Baltimor Holding, the parent of Russian ketchup maker Baltimor.
INDIA/NZ: Fonterra quits India venture
Fonterra, the world's largest dairy exporter, is to quit its venture in India after deciding too much investment was needed behind the business.
US: NPD has halved in food, drink, says Mintel
The number of food and beverages launched in the US has halved in the last year, research from Mintel has claimed.
UK: Vion plans to close UK bacon site
Dutch food group Vion is planning to close a bacon processing site close to the UK city of Manchester.
UK: Management leads race for Fresh Olive Company
Bids for The Fresh Olive Company, whose parent company Novel Group was placed into administration last week, are expected in by the end of this week - with the company's management favourite to secure a deal, just-food understands.
SWITZ: Nestle launches sustainability drive
The world's largest food group Nestlé today (27 April) unveiled a new three-pronged sustainability drive in nutrition, water and rural development.
CANADA: Listeria recall still weighs on Maple Leaf profits
The fall-out of last year's listeria recall continues to weigh on Maple Leaf Foods, the Canadian food group, which today (29 April) booked a drop in first-quarter earnings.
Sectors: Baby food, Bakery, Chilled foods, Commodities & ingredients, Confectionery, Dairy, Emerging markets, Food safety, Fresh produce, Frozen, Health & wellness, Meat & poultry, Natural & organic, NPD & innovation, Retailers, Seafood, Snacks, Sustainability & the environment
How to source palm oil is vexing the minds of many in the food industry. Growing consumer awareness of the links between palm oil, deforestation, the threat to wildlife and products on supermarket she...
All eight US food manufacturers participating in the Smart Choices Program labelling scheme have agreed to drop the logo from their products amid claims the label could mislead consumers....
Unilever is to launch a range of frozen desserts that move the Carte D'Or brand into a new category in the UK....
Retailers Spar International, Auchan, Aldi and UK food giant Associated British Foods are today (28 October) among the companies told to "up their game" on their sourcing of palm oil....
Nestle has insisted it is "committed" to using only "sustainable" palm oil from 2015, the latest in a series of announcements on the raw material from food manufacturers and retailers....
Fonterra signalled its intention to expand in the Malaysian cultured food market today (27 October) with the unveiling of a NZ$12m (US$8.98m) plant expansion....
Food giant Unilever is to "phase out" its use of the Smart Choices Program, the food labelling scheme under fire in the US....
The roll-out of food labels designed to help US shoppers eat more healthily has been halted after food safety officials started an investigation on whether nutrition claims within the labels were misl...
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