BASF and Saudi firm unite on ‘new algae species’ project
BASF has teamed with a Saudi firm researching algae species in open lakes around the Red Sea with a view to use the biomass in beverages and food supplements.
Archives for June 30, 2013
Coke and PureCircle seek GRAS status for new 'Rebaudioside X' stevia
The Coca-Cola Company and JV partner PureCircle have discovered and made progress in developing a new stevia-based food ingredient Rebaudioside X and are seeking GRAS approval for it in the US.
Provexis seeks to demerge Science in Sport and Fruitflow
UK firm Provexis has filed to demerge the Science in Sport (SiS) consumer sports brand it purchased for €10m in June 2011 from its Fruitflow tomato-based ingredients business, as it believes the separation will increase the market value and perception of...
Suntory could build UK ‘bridgehead’ with GSK brands Ribena and Lucozade
GlaxoSmithKline’s (GSK’s) brands Lucozade and Ribena are tempting targets for Far Eastern trade players such as Suntory Holdings that wish to establish a bridgehead in the UK, says an M&A expert.
‘Right zone, right positioning': Super premium success The Macallan
Edrington’s premium malt whisky The Macallan outstripped category growth by over 100%, in the past five years driven by strong sales in the US and the Asia, the company tells BeverageDaily.com.
India’s Tea Board chief urges plantations to turn over a new leaf
The head of the Tea Board of India has launched a scathing attack on the nation’s growers ahead of the implementation of new regulations that go into force later this month.