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Encouraging First Half by Tate & Lyle

    Encouraging First Half by Tate & Lyle

Tate & Lyle, the global sweeteners and food ingredients group, has reported an 18% increase in adjusted operating profit to £170m (up 13% in constant currency) for the first six

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First Milk Returns to the Black

    First Milk Returns to the Black

UK dairy co-operative First Milk has reported profit before tax of £3.2m for the six months period ended September 30th 2010, recovering from a loss of £9m in the first

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McCormick Expands in India and the Middle East

    McCormick Expands in India and the Middle East

McCormick & Company, a global leader in spices, seasonings, specialty foods and flavours, has expanded its interests in India and the Middle East with the acquisition of a 26% minority

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Nestle Eyes Yoplait

    Nestle Eyes Yoplait

Nestle is reported to be considering joining forces with French dairy group Lactalis to make a joint bid for Yoplait, the yoghurt producer. Yoplait has been in play following the

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FrieslandCampina Opts for Sustainable Palm Oil

    FrieslandCampina Opts for Sustainable Palm Oil

Dutch dairy co-operative FrieslandCampina will exclusively purchase sustainably produced palm oil in the future. Palm oil and palm oil products are used as ingredients in for example, coffee creamers and

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Expanding Irish Dairy Output by 50% Would Cost €850m

    Expanding Irish Dairy Output by 50% Would Cost €850m

The cost of proposals to increase production of Ireland’s dairy industry by 50% over the next decade, to coincide with the ending of EU milk quotas, would cost about Eur850m,

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Warsaw IPO For Milkiland

    Warsaw IPO For Milkiland

Dairy company Milkiland, which operates in the Ukraine and Russia but is registered in the Netherlands, is seeking to raise about $100m via an initial public offering of 20-25% of

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PepsiCo Continues to Invest Heavily in Emerging Markets

    PepsiCo Continues to Invest Heavily in Emerging Markets

Having recently unveiled plans to invest $140m to build its tenth plant in Russia as part of a $1b investment programme in the country, PepsiCo has announced that it will

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Only Three EU Member States Exceed Milk Quotas

    Only Three EU Member States Exceed Milk Quotas

Denmark, the Netherlands and Cyprus were the only EU Member States which exceeded their milk quotas in the 2009/2010 quota year, triggering superlevy fines totalling Eur19m. This compares with the

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Food Operators Welcome Moves to Create an EU Industrial Policy

    Food Operators Welcome Moves to Create an EU Industrial Policy

CIAA (the Confederation of the food and drink industries of the EU) has welcomed the publication of the European Commission’s ‘Communication for An Integrated Industrial Policy for the Globalisation Era

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Obesity Continues to Grow in the UK

Two thirds of the UK population is now either overweight or obese. Research by the independent market analyst Datamonitor has revealed that there is no end in sight to the

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European Business News – Week ending October 29, 2010

Russia has been in the news lately with PepsiCo announcing plans to build a $140m factory, its tenth plant in the country, as part of a $1b investment programme. The

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Premier Foods Encounters Worsening UK Consumer Environment

    Premier Foods Encounters Worsening UK Consumer Environment

Premier Foods, the UK’s largest domestic food processor, has reported that the British consumer environment has become markedly tougher in the third quarter. Sales of its branded products slipped by

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The Future of the $7 Billion International Weight Management Market

    The Future of the $7 Billion International Weight Management Market

The international weight management market was worth an estimated $7.3b in 2009, and it is set to grow year-on-year at between 6-8% for the next 5 years, according to Leatherhead

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Poultry Price Rises Inevitable

Expectation of a dramatic shortfall in world feed grain harvests, coupled with US Government upping the level of corn-based ethanol in petrol, has sent corn and wheat prices soaring higher

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Bonduelle Opens First Plant in Brazil

French and international vegetables processor Bonduelle has opened its first factory in Brazil. Based in the state of Goias, the new plant is catering to a large and growing canned-vegetables

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Danone Completes Russian Dairy Deal

    Danone Completes Russian Dairy Deal

Danone has finalised the sale of its 18.4% stake in Wimm Bill Dann Foods, the Russian dairy and food group for $470m. Danone has held the stake since Wimm Bill

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United Biscuits Sale Talks Close to Collapse

    United Biscuits Sale Talks Close to Collapse

The exclusive talks to acquire United Biscuits, the British and international biscuits and snacks manufacturer, between its owners and Chinese food conglomerate Bright Food Group are reported to have stalled

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Lamb Weston/Meijer’s Austrian Acquisition Approved

    Lamb Weston/Meijer’s Austrian Acquisition Approved

The European Commission has cleared the proposed acquisition of a 74% controlling stake in Frisch & Frost (F&F), a producer of frozen and chilled products in Austria, by Dutch company

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UK Consumers Balk at High Cost of Organic Food

    UK Consumers Balk at High Cost of Organic Food

Cost remains a strong deterrent against the purchase of organic goods for UK consumers, a new report from YouGov SixthSense reveals. In the same report it is shown that a

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Arla Foods UK to Expand Cravendale Milk Capacity

    Arla Foods UK to Expand Cravendale Milk Capacity

Arla Foods UK, the British arm of Scandinavian dairy co-operative Arla Foods, is investing £6.7m in a new bottle blowmoulding machine to increase production of its Cravendale milk brand at

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New Limited Edition Absolut Vodka

    New Limited Edition Absolut Vodka

Pernod Ricard has unveiled its new limited edition Absolut vodka – Absolute Glimmer. The new product features a highly innovative glass bottle, produced and decorated in-line at Ardagh’s Limmared plant

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Welsh Dairy Industry Set For Greener Future

  Welsh Dairy Industry Set For Greener Future

Welsh dairy farmers, processors, and retailers have reached an ambitious agreement to further reduce the environmental impact of milk and

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ODW Frischprodukte Buys FrieslandCampina German Site

German dairy company, ODW Frischprodukte, a subsidiary of Odenwald Fruchte, is acquiring the FrieslandCampina site at Elsterwerda in Germany. In

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PepsiCo Plans to Invest $140 Million in New Beverage Plant in Russia

  PepsiCo Plans to Invest $140 Million in New Beverage Plant in Russia

Global soft drinks and snacks giant PepsiCo plans to invest $140m to build its tenth plant in Russia. The new

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Rising UK Sales of Pies and Pasties

  Rising UK Sales of Pies and Pasties

UK sales of pies and pasties are thriving and by 2012 will be worth over £1 billion, according to the

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Tangerine Confectionery Could be For Sale

  Tangerine Confectionery Could be For Sale

Tangerine Confectionery, which is owned by private equity firm Growth Capital Partners, has called in investment bank NM Rothschild to

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Thermo Fisher Scientific Announces Same Day Results for Environmental Listeria with DuPont Qualicon BAX® System Listeria Assay

  Thermo Fisher Scientific Announces Same Day Results for Environmental Listeria with   DuPont Qualicon BAX® System Listeria Assay

First commercially available food microbiology assay to accurately detect Listeria species in environmental samples in just 8 hours Thermo Fisher

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Sainsbury’s Spar and IGD amongst VIP speakers at Irish Retail seminar

  Sainsbury’s Spar and IGD amongst VIP speakers at Irish Retail seminar

Irish producers and manufacturers attending the first in a series of retail seminars entitled ‘Breaking into UK Retail’ on Thursday

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Bakery and Retail Expansion Plans on Track at Greggs

  Bakery and Retail Expansion Plans on Track at Greggs

Greggs, the UK’s largest retail baker, has reported that its expansion programme remains firmly on track, with a net 32

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Cutting Energy and Carbon Usage in the UK Food Industry

  Cutting Energy and Carbon Usage in the UK Food Industry

Baking bread in lighter tins, cleaning pipes with ice instead of hot water, and using microwaves to dry fruit gums

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Kraft Foods Opens $14 Million Sugar Confectionery R&D Centre in Europe

  Kraft Foods Opens $14 Million Sugar Confectionery R&D Centre in Europe

Kraft Foods has opened a European Gum and Candy Research & Development Centre at Eysins in Switzerland. The $14m state-of-the-art

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Coca-Cola Retains Position as World’s Most Valuable Brand

  Coca-Cola Retains Position as World’s Most Valuable Brand

Coca-Cola has retained its leadership of Interbrand’s 11th annual ranking of the ‘Best Global Brands’ beating off competition from the

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Profit Jump at Weetabix

  Profit Jump at Weetabix

Helped by rising sales of cereal bars and retailer own label products, UK breakfast cereals manufacturer Weetabix has increased pre-tax

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Coca-Cola Enterprises Now Refocused on Europe

  Coca-Cola Enterprises Now Refocused on Europe

Having just completed the disposal of its North American bottling business to The Coca Cola Company, Coca-Cola Enterprises is now

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Ter Beke and Stefano Toselli to Create Joint Venure in Central and Eastern Europe

Ter Beke, the Belgium-based processed meats and ready meals company, and French pasta manufacturer Stefano Toselli are considering forming a

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European Business News – Week ending October 1, 2010

Famous for its R&D capability and global reach, Nestle is taking a lead in combining food science with that of

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Early Recovery in UK Food and Beverages to Boost M&A Activity

  Early Recovery in UK Food and Beverages to Boost M&A Activity

69% of senior executives at UK-based food and beverage producers expect M&A activity to increase in the next 12 months,

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Finsbury Food Group Shows Resilience

  Finsbury Food Group Shows Resilience

Despite a declining turnover as customers moved away from the premium products that had been its traditional area of strength,

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Dairy Crest Extends Milk Contract With Morrisons

UK dairy group Dairy Crest has renewed its fresh liquid milk contract with retailer Morrisons through to 2015. “We are

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Unilever Acquires Greek Ice Cream Brands

  Unilever Acquires Greek Ice Cream Brands

Unilever is acquiring EVGA’s Greek ice cream brands (including Scandal, Variete and Karabola) and distribution network for an undisclosed amount.

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Aryzta Well Placed to Benefit From Economic Recovery

  Aryzta Well Placed to Benefit From Economic Recovery

Swiss and international speciality bakery group Aryzta has reported a 2.2% increase in operating profit (including associates and joint ventures)

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Morpol Expands UK Salmon Business

  Morpol Expands UK Salmon Business

Poland-based Morpol, which is one of the world’s leading salmon processors, has expanded its UK operations with the acquisition of

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Chinese Food Group Eyes United Biscuits

  Chinese Food Group Eyes United Biscuits

Chinese food conglomerate Bright Food Group is reported to be holding exclusive talks to acquire United Biscuits, the British and

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European Commission to Ban Addition of Sugar to Fruit Juices

  European Commission to Ban Addition of Sugar to Fruit Juices

The Commission has adopted a proposal to amend the Fruit Juice Directive, including a move to ban the addition of

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Roshen Plans New $250 Million Russian Factory

  Roshen Plans New $250 Million Russian Factory

Roshen, the Ukrainian confectionery manufacturer, plans to invest $250m in building a new production complex near by Cosyrevka town in

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Sainsbury Relaunches Taste the Difference Own Brand Range

  Sainsbury Relaunches Taste the Difference Own Brand Range

UK supermarket group Sainsbury has relaunched its premium ‘Taste the Difference’ range of own label food and beverage products. The

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McDonald’s Aims For Bigger Share of UK High Street Coffee Market

  McDonald’s Aims For Bigger Share of UK High Street Coffee Market

In response to rising coffee sales, McDonald’s is extending its freshly-ground coffee range with the addition of sustainably-sourced Espresso. The

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Nestle to Invest in R&D Centre in India

  Nestle to Invest in R&D Centre in India

Nestle is investing SFr50m (Eur38m) to establish its first R&D Centre in India. The facility will be built in Manesar,

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Interim Loss at The Real Good Food Company

The Real Good Food Company, the UK sugar, ingredients and bakery group, has reported a loss before tax of £1.298m,

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European Business News – Week ending September 24, 2010

Two of the UK’s three largest grocer retailers announced revamps of their own label food ranges in the past week. Asda’s

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FrieslandCampina to Supply Green Energy From Dairy Farms

  FrieslandCampina to Supply Green Energy From Dairy Farms

Dutch and the international dairy co-operative FrieslandCampina has entered into a collaboration agreement with energy supplier Essent for the production

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Asda Relaunches £8 Billion Own Label Food Range

  Asda Relaunches £8 Billion Own Label Food Range

Asda, the UK’s second biggest-supermarket group, has relaunched its entire range of more than 3,500 own label food products and

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