All articles by saranya arza
saranya arza
General Mills buys Indian spice, sauce mix manufacturer Parampara
American food major General Mills has acquired Indian ready-to-cook spice and sauce mixes manufacturer Parampara for reportedly INR650m ($12.18m).
Imperial Sugar posts $10m net loss in H1
Imperial Sugar Company, a sugar producer and marketer based in Sugar Land, Texas, has reported a net loss of $10m in the first half of fiscal 2012, compared to a net loss of $4.8m in the same period of fiscal 2011.
MGP Ingredients Q1 profit up
MGP Ingredients, a producer and distributor of distillery and ingredients products headquartered in the US, has posted an increase in its Q1 2012 net income to $1.8m, compared with net income of $700,000 in the same quarter of fiscal 2011.
World Food Processing acquires Kerry’s soy protein isolate manufacturing facility
World Food Processing, a global soybean supply company headquartered in Oskaloosa, Iowa, has bought a soy protein isolate manufacturing facility from Kerry Flavors and Ingredients, an arm of food giant Kerry Group, for an undisclosed amount.
Frutarom Industries to delist Slovenian flavours company Etol
Frutarom Industries, an international flavour and fine ingredients company headquartered in Israel, has plans to delist Slovenian flavours firm Etol, which it acquired in March.
IFF posts fall in Q1 profit
International Flavors & Fragrances (IFF), an international creator of flavors and fragrances headquartered in the US, has reported a drop in its Q1 2012 net income by 4% to $81m, compared to a net income of $84m in the corresponding quarter of fiscal 2011.
Omega-3 intake could reduce Alzheimer’s risk: Study
Consumption of foods that contain high levels of omega-3 fatty acids may reduce the levels of plasma beta-amyloid, while decreasing the risk of Alzheimer’s, according to a new study conducted at Columbia University Medical Center in New York.
Denali Ingredients develops new line of Greek frozen yogurt concepts
Denali Ingredients, a Wisconsin-based supplier of ingredients, has introduced a new range of Greek frozen yogurt concepts for food industry.
CSM to divest bakery ingredients arm
Netherlands-based ingredients major CSM has put its bakery ingredients division up for sale, to concentrate on its bio-based ingredients activities.
Phytochem International develops two new olive leaf extracts
Phytochem International, an international distributor of botanical extracts in the supplement industry based in the US, has expanded its portfolio with two new olive leaf extracts.