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Associated British Foods plc (ABF) has reported that for the half year, the company expects excellent progress in adjusted operating profit and adjusted earnings per share for the group. The trading outlook for the group for the full year is unchanged with progress expected in adjusted operating profit and adjusted earnings per share. In a trading update prior to entering…

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Chocolate giant Hershey is cutting around 15% of its global workforce in a jobs cull that is expected to help the company’s new “Margin for Growth” program aiming to boost profit margins by reducing administrative expenses and improving the supply chain. The jobs losses are understood to relate to Hershey’s hourly staff outside of the US. Currently the company employs…

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Cargill Cocoa & Chocolate has launched new additions to its coatings and fillings range offering extended capabilities to manufacturers, with innovations designed to answer key trends and fulfil consumer needs and preferences. Each of the coatings and fillings responds to a trend identified in Cargill Cocoa & Chocolate’s recently issued Trends report, namely: Healthy, Sustainable and Clean, and Indulgent. Cargill…

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A multinacional Duas Rodas, empresa brasileira de produção de aromas e ingredientes para a indústria de alimentos e bebidas, registrou um faturamento de R$ 735 milhões e crescimento de 17% em 2016, atribuídos ao fortalecimento das oito unidades da empresa, sendo quatro no Brasil (Santa Catarina, São Paulo, Sergipe e Amazonas) e quatro no exterior (Argentina, Chile, Colômbia e México).…

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NZMP, the global ingredients brand of Fonterra, has launched NZMP Low Lactose Instant Whole Milk Powder (IWMP). This new ingredient has less than 2% lactose and allows consumer milk powder manufacturers to capitalize on the increasing consumer demand for low lactose foods. Lactose is the sugar found naturally in milk and other dairy products. It is broken down by the…

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Tetra Pak has acquired Johnson Industries International, a company specialising in the design, development and manufacture of equipment and lines to produce mozzarella cheese. The company also manufactures a range of cheese cutting, shredding and brining equipment. These additions broaden Tetra Pak’s wide-ranging cheese technology portfolio and strengthen its position as a leading global provider of cheese manufacturing solutions. Based…

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Mycotoxins, produced by fungal mold, are a growing health threat to people and animals. According to the FAO, a quarter of the world’s agricultural produce is currently contaminated. Mycotoxins ranks a third most important threat after bacteria and pesticides, which is whymaximum tolerance levels permitted in food and feedstuff are becoming crucial for food and feed producers. Meeting these requirements…

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Barentz International has bolstered its operations within the food ingredients segment in southeast Asia by entering into a joint venture with Vita Co., Ltd in Thailand. Vita Co is a well-established ingredients distributor in Thailand with a “profound knowledge” of the Thai market, according to Barentz, the leading provider of ingredients for the food and nutrition segment, and its product…

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A companhia de bebidas Ambev teve lucro líquido de cerca de R$ 4,834 bilhões no quarto trimestre de 2016, uma alta de 13,5% em relação ao mesmo período de 2015. No ano, porém, o lucro cresceu 1,6%, ao passar de R$ 12,87 bilhões para R$ 13,08 bilhões. Em termos ajustados, no entanto, o resultado líquido da empresa encolheu 15,9% na…

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Na primeira reunião com os vice-presidentes da gigante de alimentos BRF após assumir a presidência do conselho de administração da empresa, Abilio Diniz disse que dobraria seu investimento e levaria as ações da companhia para R$ 100 em cinco anos. O empresário está longe de cumprir a promessa. Na última semana, as ações da empresa fecharam a R$ 40,6, patamar…

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