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Streamlined Glanbia ready for new health strategy

Irish dairy company Glanbia has taken a significant hit to profits and turnover to restructure its operations around a more focused ingredients and nutritional foods business.

Cosucra expands capacity for prebiotics

Belgian group Cosucra Warcoing is significantly increasing its inulin and oligofructose production capacity by converting a former sugar plant to chicory processing, as it aims to meet growing demand for...

Desert Health sets up in Europe

US supplement distributor Desert Health Products has opened a European office in Norway to gain a bigger share of growing sales in American products, it said.

Blackmores cashes in on Pan collapse

Australian supplement maker Blackmores has seen sales and profits surge after an investigation into quality control last year removed competitor Pan Pharmaceutical's products from the market.

Profits soar at Puleva

Puleva Biotech, the R&D subsidiary of Spanish food group Ebro Puleva, reported a 57 per cent rise in profits over 2003 to €1.9 million.

Hain expands share of European non-dairy sector

The US-based natural food group Hain Celestial is snapping up German manufacturer of soy, oat and rice-based drinks Natumi, expanding its operations in Europe and giving it access to a...

Japanese market profits BioGaia

Swedish probiotics developer BioGaia, made significant progress towards profitability in the past year thanks to a take-off in higher margin sales in Japan.

Wessanen bears costs of US shake-out

Royal Wessanen, the Dutch health food producer, suffered a turbulent 2003, as it set about restoring the fortunes of the US Tree of Life business that now makes up two-thirds...

New agreement swells Natural profits

Norwegian CLA company Natural has reported its biggest profits since first listing five years ago, thanks to initial payments from a major licensing deal last year, which significantly boosted first...

Cognis says consumer education improving health business

Cognis, the speciality chemicals company, suffered a tough year in the nutritional ingredients market, with a long-awaited surge in the growth of its natural vitamin E sales undermined by adverse...

Glanbia invests in functional food R&D

Irish dairy firm Glanbia is to invest €15 million in a new innovation centre to develop functional foods and health ingredients, Ireland's Minister for Agriculture and Food Joe Walsh revealed yesterday.

Milking nature's benefits

Another milk marketed to help consumers sleep better goes on sale in the UK this week, where a third of all adults are said to be affected by sleeping problems.

Orafti doubles inulin capacity to meet demand

Belgium's Orafti group is investing €165 million in a second chicory-extraction plant in Chile to respond to fast-growing demand for inulin and oligofructose.

Netherlands site next for DSM job cuts

Dutch chemicals company DSM is cutting a further 500 jobs in support services and manufacturing staff departments to improve performance at its Geleen production site, it said today.

Thorpedo promotes functional foods in Pacific region

Australian soy product maker So Natural Foods has enlisted the help of Olympic gold medallist swimmer Ian Thorpe to market a new functional food range on its home market and...

Seven Seas owner improves options for expansion

Recent acquisitions boosted sales at the consumer healthcare business owned by German drug company Merck KgaA, but the company is a long way from its targeted double-digit growth.

Danisco takes over lead in cultures with Rhodia deal

Ingredients giant Danisco moves into the lead in the global cultures business with its acquisition of the food ingredients arm of ailing French chemical firm Rhodia.

Bakery struggling to find functional niche

The market for functional food products has grown steadily for several years now, focusing primarily on the dairy sector. But other sectors of the food industry, such as bakery and...

Hero buys out Wander's infant food brands

Swiss food group Hero is to buy three baby food brands from nutritional products maker Wander, expanding its share in baby foods on its home market.

Raisio to refocus on nutrition

Finland's Raisio group is preparing to build a new strategy around health foods, it revealed yesterday, using capital from the planned sale of its chemicals unit to fund growth in...

DSM bets on vitamins profit for 2004

After a 75 per cent drop in operating profit for the third quarter, DSM's final quarter picked up, with better-than-expected turnover at the Dutch group.

Cholesterol-lowering bread for UK launch

Leading UK bread maker Allied Bakeries is launching a soy-enriched bread this month, said to lower cholesterol and improve heart health.

Akzo raises choline bitartrate prices

Dutch chemcials group Akzo Nobel is increasing prices for its choline salt, choline L (+) bitartrate, by 10 per cent, to cover costs resulting from new US regulations.

Perrigo confirms ambitions for UK, strong 2Q

The new owner of Peter Black Pharmaceuticals, US-based Perrigo, reported a record second quarter this week and confirmed that it was ready to become a leading nutritional products supplier in...

DSM cuts jobs at major production site

DSM Nutritional Products, the former Roche vitamins unit, is to cut a further 420 jobs in the next stage of its restructuring process.

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