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.
Dutch life sciences giant, DSM, is feeling the effects of the recession with profits sliding 76 per cent, but its Nutrition division has bucked the trend to be the only section of the company to record improved sales over the second quarter.
Raisio, the Finnish ingredients supplier and owner of the Benecol plant stanol cholesterol-lowering range, reports lower sales and profits for the second quarter of 2009, drops the company said it was prepared for.
The economic recession is biting across the globe, and bleeding casualties litter all industries, but now is not the time to cower. Those willing to spend may provoke a stimulation of their business that could set them up for years, if not decades, to...
“A year of stark contrasts” as DSM board chairman, Feike Sijbesma called it, has seen DSM turn a near €1bn profit but left the Dutch ingredients giant unable to make a forecast for this year as the economic crisis sets in.
Swedish probiotics specialist, BioGaia, has turned in an impressive set of financial results for 2008, maintaining the 30 per cent-plus growth it has achieved annually for the best part of this decade.
Raisio, the Finnish plant stanol and raw ingredients supplier and maker of the Benecol cholesterol-lowering consumer brand, more than doubled profits and increased turnover by 20 per cent in 2008, but its forecasts are humble in the face of the harsh...
The global economic crisis will yield rich pickings for food firms with a strong capital structure. So believes Frutarom, which has reported another quarter of impressive growth figures on the back of its most recent acquisitions splurge.