Asia Pacific: Devondale Murray Goulburn invests AUD$127 million in new dairy future

Dairy company Murray Goulburn Co-operative Co. Limited (Devondale Murray Goulburn) has announced three capital projects worth AUD$127 million (US$119.3 million). The projects will be located at the company’s existing sites in Victoria and Tasmania, Autralia, and will be delivered over the next 12 to 18 months. MD Gary Helou said this announcement was another step forward in the transformation of the...

Americas: Corbion Caravan introduces bun solution to maintain freshness, lower costs

Corbion Caravan introduces Ultra Fresh Premium 300, which keeps buns and rolls softer and more resilient longer. It also allows producers to reduce the amount of sugar, high fructose syrup and yeast added to the formula, resulting to shorter baking time, lower costs and increased profits.

Americas: IFF expects to achieve 5-7% top line growth, says chairman & CEO

International Flavors & Fragrances Inc. reported net sales for the first quarter ended March 31, 2014 totaled $770 million, an increase of 6% from $728 million in the first quarter of 2013. Excluding the impact of foreign currency, local currency sales increased 7%. As expected by the company, its acquisition of Aromor on January 15, 2014 contributed approximately 1% of growth...

Europe: Symrise to acquire Diana Group by Q3 2014 for €1.3B

Symrise AG has submitted a binding offer and has entered into exclusive discussions with the owners of Diana Group with regards to the acquisition of Diana Group, one of the most attractive assets in the flavor and nutrition space. With the planned transaction, Symrise will significantly expand its position in the flavor and nutrition market, strengthen its backward integration and...

Asia Pacific: PureCircle reduces carbon footprint intensity by 15% since 2013

PureCircle says it has cut the carbon footprint of its products by 15% since 2013 and is now a quarter of the way to its 2020 carbon footprint intensity goal. “This is the third carbon footprint we’ve completed across our supply chain from farming to extraction and purification,” said Ajay Chandran, PureCircle director of corporate sustainability. “The footprint reduction shows the...

Europe: Study shows cyclists experience less inflammation and oxidative stress after drinking tart cherry juice

Cyclists who drank Montmorency tart cherry juice concentrate before a three-day simulated race experienced less inflammation and oxidative stress compared to those who drank another beverage, according to a UK study published in the journal Nutrients. A research team led by Dr. Glyn Howatson with PhD student Phillip Bell at Northumbria University gave 16 well-trained, male cyclists about one ounce...

Europe: MANE to acquire Cargill’s texturizing compounds business

MANE and Cargill have agreed on the sale of Cargill’s compounds business, including a plant in Rubi, Spain. A part of Cargill’s texturizing portfolio until now, the compounds business has specialized in blends of functional ingredients, with a strong position in technology compounds for the meat processing industry in Spain and other large meat markets in Europe. MANE has a strong...

Europe: EFSA issues positive scientific opinion on Barry Callebaut’s application for extending its health claim on cocoa flavanols

Barry Callebaut has received a positive Scientific Opinion issued by the European Food Safety Authority (EFSA) on the background data to extend their existing health claim to cocoa extract products. This evaluation was published on May 5, 2014. In September 2013, the European Union (EU) Commission granted the company the right to use within the EU market the health claim that...

Americas: Kemin’s spearmint extract may be beneficial for cognitive health and performance, finds study

A human study conducted by Biofortis, a global contract research organization, suggests that the use of a patent-pending spearmint extract containing phenolic complex K110-42 may help improve cognitive health and cognitive performance in older adults. The study results were presented in a poster session, sponsored by the American Society for Nutrition, at Experimental Biology from April 26 to 30,...

Americas: Ganedean Biotech receives US patent on use of probiotic in coffee, tea, cereal

Ganeden Biotech has received a US patent that covers the use of all Bacillus coagulans, including GanedenBC30, in all coffee, tea and cereal. The company says the probiotic industry is growing rapidly, with no indication that it will be slowing down anytime soon. By 2015 the market is expected to reach $31.1 billion globally, with about 90% of that from the...