Danish bioscience firm Chr. Hansen is raising its revenue predictions by 11-13 per cent for 2010/11 after what it describes as “strong growth” in its first quarter from the September 1, 2010 to the end of November.
Regulating food speculation in the City of London is the lynchpin to preventing volatility over food prices, say economists, as parallel measures on both sides of the Atlantic will block traders conducting secretive deals wherever they can.
Coca Cola has upped its stake in healthy smoothie maker, Innocent, to 58 per cent in a non-disclosed move one analyst said followed the gradual erosion of Innocent’s once vibrant and booming business plan.
Naturex president and chief executive officer, Jacques Dikansky, tells Shane Starling why in August the French botanicals giant bought Spanish supplier, Natraceutical Group, to double its size for the third time since 2002.
DSM has said that it intends to look for new partners in China for its nutritional products and anti-infectives, after its contracts with North China Pharmaceutical Group Corporation (NCPC) were suspended.
Naturex, the French-based botanicals giant that recently acquired the ingredients business of Spanish company, Natraceutical Group, will earn €185m in 2009 – up from its 2008 income of €93.2m, as it announced details of the deal.
Archer Daniels Midland (ADM) has reported an 83 percent decline in net earnings for Q4 2009, and in corn processing increased profits from corn-based starches and sweeteners were buried by losses in ethanol.