Archives for September 23, 2004

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InBev buys controlling stake in Lion beer

InBev has acquired the remaining 50 per cent of Lion Group's beer business in China $131.5 million. The move gives the leading international brewer a 100 per cent controlling stake in the business, further enhancing its operations in the growing China...

Richmond lifted by upmarket ice cream trend

The increasing popularity of premium, indulgent or healthy ice cream products - particularly in the winter months - boosted sales and profits at the UK's Richmond Foods in 2004, helping the group match last year's heatwave-assisted performance

Wheat and soy prices remain susceptible

Global prices for ingredients such as soy and wheat are still vulnerable to increases as global harvests could be impacted by weather risks and generally low stocks, something that will inevitably hit the China market hard as it is increasingly...

Chr Hansen targets Argentina with new pilot plants

Sparking growth in the emerging South American food market, Danish ingredients giant Chr Hansen has opened new facilities in Argentina designed to serve expanding activities from international customers, reports Lindsey Partos.

A low cost robotic arm for food production?

Researchers in the UK have developed a new robotic arm that is fully mobile, has accuracy that rivals industrial fixed robot arms and could cost significantly less.

Sweetener business booming for Tate & Lyle

Month-on-month growth for Tate & Lyle's zero calorie sweetener will offset a dip in figures at the firm's European starch operations as long term investment in added-value ingredients starts to pay off.

Fresh milk loss sees Dairy Crest pursue brand strategy

Dairy Crest, the UK's biggest dairy company, reported a solid first half trading performance this week, but conceded that its second half results could be adversely affected following the loss of a fresh milk supply contract to leading UK supermarket...

Elopak curves up the packaging market

Leading Norwegian dairy TINE has launched Smak, a range of three lactose-reduced milks, using Elopak's new Pure-Pak Curve cartons with Pure-Cap UE screw caps.