Asia Pacific: Region must prepare for catastrophic increase in fragility fractures, says report

New report shows ageing populations and urbanization will drive increase in osteoporosis and related fractures; health authorities must take action now to reduce future costs and disability. A new report launched by the International Osteoporosis Foundation (IOF) shows that osteoporosis is a serious problem throughout the Asia Pacific, with the number of fracture sufferers to rise dramatically in the coming...

Europe: Givaudan recognized as top performer in climate change survey

Givaudan has been recognized as a top, ‘A-band’ performer in the CDP’s 350 Climate Change 2013 Report for Germany, Austria and Switzerland. The CDP, previously known as Carbon Disclosure Project, ranks companies on how they measure, disclose and manage climate related risks and opportunities – this year at the request of 722 investors. The ‘A-band’ recognizes the progress Givaudan is making...

Europe: New research indicates Betapol supports infant brain development

IOI Loders Croklaan has announced positive outcomes of scientific research on Betapol and potential effects on infant brain development. The outcomes suggest that OPO – the main component of Betapol – has a positive physiological effect on brain function and physical development versus standard vegetable oils used in infant formula. Some of the results of the research were presented by Professor...

Americas: Sustainable Foods Summit on promoting ecology in food industry

Ecology will be the theme of the North American edition of the Sustainable Foods Summit in San Francisco, US, on January 22 to 23, 2014. Speakers at the summit will discuss ways of promoting ecology in the food industry by focusing on sustainability metrics, ethical sourcing and biodiversity, as well as sustainable food ingredients, according to the organizer Organic Monitor. The...

Europe: AAK, Premier Foods sign three-year collaboration, product co-development

Britain’s Premier Foods has selected AarhusKarlshamn (AAK UK) as its long term co-development partner for the supply of vegetable oils, fats and related food ingredients. As part of a new, three-year collaboration, this partnership is a result of Premier Foods ‘Invest to Grow’ program, which has enabled new opportunities to strengthen and grow relationships with key suppliers. The two companies have...

Asia Pacific: India is emerging as a global spice processing hub, says Rabobank

Structural changes in the global spice market mean that India, historically a bulk commodity supplier of spices, is now becoming a global hub for exporting processed powdered and value-added spice products, such as oleoresins, oils, extracts and seasonings, according to a Rabobank report entitled Decoding the Spices. “Some of the countries that previously imported whole spices have shifted to imports...

Americas: Lycored settles patent infringement lawsuit

LycoRed has reached a settlement with Parry on November 4, 2013. LycoRed has previously filed for patent infringement in March 2012 against US Nutraceuticals LLC, E.I.D. Parry (India) Ltd. and Parry Phytoremedies PVT, Ltd. with respect to LycoRed's US patents regarding tomato lycopene products and related manufacturing processes. As part of the terms of the confidential settlement, Parry acknowledged the validity...

Americas: Frutarom buys Panana company, expands in central America

Frutarom Industries Ltd. has acquired the Guatemalan flavor company Aroma SA (held by International Aroma Corp, a Panama company) for a net consideration of $12.5 million on November 25, 2013. The agreement includes a mechanism of future consideration whereby additional consideration will be paid in the amount of any excess earnings before interest, taxes, depreciation, and amortization (EBITDA) above $2.25...

Asia Pacific: Fonterra Australia owns Tamar Valley Dairy

Fonterra Australia has finalized the purchase of the assets of Tasmanian yoghurt business, Tamar Valley Dairy on November 27, 2013. It now owns and manages Tamar Valley Dairy. Under the terms of the sale, Fonterra has acquired the processing equipment, the related services, and intellectual property and trademark for the Tamar Valley Dairy brand. Fonterra worked closely with Deloitte Restructuring Services to...

Asia Pacific: DuPont expands R&D Center in China

DuPont opened the second phase of its China Research and Development Center on October 28, 2013. With this expansion, the Center adds 17,500sqm and will house 150 more researchers, focusing on new material applications in solar energy, bio-based materials and automotive materials and testing capabilities. “Science is the engine that drives DuPont.  Together with our partners, we are applying our vast...