Archives for November 6, 2003

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Still drinks to drive Coke Euro growth

Non-carbonated beverages will account for a bigger share of European profits for Coca-Cola than its flagship carbonate brands within three years, the head of the US group's European operations told analysts yesterday.

Südzucker ups stakes in Tirlemontoise

Europe's largest sugar producer, Südzucker, has closed a five-year convertible bond of €250 million, the proceeds from which will be used to lift its stake in two subsidiaries.

Not so sweet for Tate and Lyle

Major British sugar and sweetener group Tate and Lyle has reported a sixper cent decrease in half year profits today and the success of agreementsfor future prices for it starches and sweeteners will have a major impact onthe profits made in the...

Ukraine faces food price rise

Following low wheat crop yields, analysts are warning that Ukraine isthreatened with increasing food prices, particularly with respect to breadand bakery produce. The rise in food prices is also expected to have asignificant knock-on effect for the...

Frito-Lay has new packaging partner

Graham Packaging is making its first entry into the salty snack food market,supplying high-density polyethylene rigid canisters for Frito-Lay's new Staxpotato crisps. The new Stax went into nationwide distributon in the US inAugust in two sizes.

Danisco rolls out tropical tastes

Prompted by demand from the Philippines, Danish ingredients company Danisco has designed and launched two new citrus fruit flavours onto the Asian market.