Archives for January 6, 2004

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Pronova sold to private equity group

Norway's Norsk Hydro has agreed to sell 80.1 per cent of its shares in omega-3 producer Pronova Biocare to Norwegian industrial company Ferd for NOK 165 million (€19.4m).

Tropicana rolls out new functional juices

PepsiCo's Tropicana brand has added a sub-line of fortified juices to its range, including an immune-boosting variety with selenium, increasing its activites in the functional beverages sector.

Clover venture to enter soy market

Australian food ingredients firm Clover Corporation has formed a joint venture to produce and market a soya-based ingredient for use in functional foods.

US teenagers - the fattest in the world

The US has the highest prevalence of overweight teens according to a new global study. But obesity in all age groups is believed to be on the increase, according to an article in The Archives of Pediatrics & Adolescent Medicine.

Vegetable compound may be cancer cure

Vegetables such as as broccoli and cabbage have been shown to protect against cancer but US scientists have now patented a compound derived from these greens with a new use - to treat cancer.

EU laws set to hamper growth in polyphenols market

Forthcoming European legislation on health claims could pose a roadblock to rapid market expansion of polyphenols, the plant-based antioxidants gaining increasing attention for their disease-fighting actions, warns a new report.