Archives for May 3, 2004

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Fonterra cut 700 jobs

Fonterra, New Zealand's leading dairy exporter, said on Monday that it plans to axe hundreds of jobs in order to streamline its business for future core efficiency. Over the next two years the group plans to cut 700 administrative jobs the group's...

Flavour delivery for confectionery

ICI flavour subsidiary Quest International, streamlined this week through the spin off of its food ingredients arm to Irish ingredients firm Kerry, is to target the confectionery industry with the roll out of a new flavour encapsulation delivery...

Coke pressed for answers

Investigations into whether Coca-Cola overshipped drink concentrate to distributors in some markets in order to inflate its financial results has intensified. A federal grand jury has been scheduled and employees subpoenaed according to the Wall...

Danisco takes on trans free market

Pressure on food manufacturers to remove artery-clogging trans fats linked to heart disease from foods continues in the US and Europe. In response to increasing demand and imminent labelling rules in the US, food ingredients players are designing...