Brief relief for palm oil prices on swelling stocks
Swelling domestic stocks for Malaysian palm oil, widely used by bakers, left crude palm oil futures closing lower on Monday, offering a slight relief for prices.
Archives for July 1, 2008
Fonterra eyeing further global growth
After a busy period of expansion for Fonterra, the New Zealand-based dairy cooperative says it remains far from finished with its global consolidation plans as it looks to key markets such as Asia to target growth.
EFSA issues guide on food grade plastic recycling
New guidelines concerning the recycling of plastics intended for use in the packaging of foods have been published by the European Food Safety Authority (EFSA).
Blue California nears self-affirmed GRAS stevia launch
Ingredients group Blue California says it expects to obtain self-affirmed generally regarded as safe (GRAS) approval for its stevia-derived sweetener compound by next month.
News briefs: Bakery acquisitions
This week, Flower Foods bakery continues its geographical expansion plans with its acquisition of ButterKrust bakery, and Kellogg acquires a major Chinese cookie company.