Cutbacks at Frisco
Staff cuts and closures are looming at Frico Cheese as the company sets out to restructure its cheese maturation and packaging activities. The firm has warned that 192 jobs out of a workforce of 2,140 are likely to be lost.
Archives for November 6, 2003
Cattle-feed supplement released to make milk healthier
A new cattle-feed supplement has been developed by scientists to dramatically boost the content of unsaturated fatty acids over saturated fats in cows' milk. The new supplemet is based on naturally occurring proteins.
Raclette du Valais registered AOC
Switzerland's department of agriculture has registered Raclette du Valais as an AOC product - which means it must only be made in that one canton or imported from abroad, since EU producers are exempt from the ruling. A move which has angered and...
Südzucker ups stakes in Tirlemontoise
Europe's largest sugar producer, Südzucker, has closed a five-year convertible bond of €250 million, the proceeds from which will be used to lift its stake in two subsidiaries.
Co-op opts to withdraw from dairy
The UK's Co-operative Group's farming business, Farmcare, has this week decided to withdraw from the dairy farming industry. The group has said that the move will give it the opportunity to concentrate on arable, fruit and vegetable production.
Not so sweet for Tate and Lyle
Major British sugar and sweetener group Tate and Lyle has reported a sixper cent decrease in half year profits today and the success of agreementsfor future prices for it starches and sweeteners will have a major impact onthe profits made in the...
Ukraine faces food price rise
Following low wheat crop yields, analysts are warning that Ukraine isthreatened with increasing food prices, particularly with respect to breadand bakery produce. The rise in food prices is also expected to have asignificant knock-on effect for the...
Frito-Lay has new packaging partner
Graham Packaging is making its first entry into the salty snack food market,supplying high-density polyethylene rigid canisters for Frito-Lay's new Staxpotato crisps. The new Stax went into nationwide distributon in the US inAugust in two sizes.
Danisco rolls out tropical tastes
Prompted by demand from the Philippines, Danish ingredients company Danisco has designed and launched two new citrus fruit flavours onto the Asian market.