Food giant Unilever saw net profits grow 10% to €2.235bn in the first half of 2011, with its brand equity allowing it to weather severe raw materials price hikes in some cases.
BASF has upped the price of its food and feed nature-identical carotenoid formulations suite by around 12% due to increased, “energy and raw material prices, higher logistics costs and negative exchange rate effects.”
Are health claims dossiers really that expensive, and has the ‘wait and see’ approach to submitting dossiers won? Stephen Daniells speaks to Joerg Gruenwald, PhD, President of Analyze & Realize, about how much it costs to compile a dossier, and why...
Soy ingredients supplier Solae is passing on its rising input costs by announcing a global price increases, effective immediately, for all of its ingredients.
A global producer of Gelatin-based products for use in functional food formulations says it has no choice but to raise the prices for its goods, owing to increasing material and energy costs.
Confectionery manufacturers are facing increasing cost pressures as cocoa prices reach their highest in over 20 years as cocoa futures prices soared by 3 per cent.
Giant German supplier BASF has increased the price of propionic
acid for the second time since May as energy and raw materials
costs continue to spiral.
Consumers look likely to bear the brunt of further hikes in milk
prices, as Glanbia consumer foods boss Colin Gordon warns that his
company can carry raw material costs no longer.
BASF has announced that the price of its food grade vitamin A is to
go up by 12 per cent due to raw material costs - in particular a
sharp rise in methanol prices that is likely to impact a range of
industries.
BASF has announced an increase in the price of its feed grade
vitamin E products as of next week due to energy and raw material
costs, and it is "very likely" that food and
supplement-grade vitamin E price rises will follow.
DSM has said that it will not pass on rising costs to end markets
straight away, despite an otherwise excellent Q2 blighted across
the board by yet more increases in raw material and energy prices
stemming from political tensions.
The world's number two vitamin maker BASF opened a new production
plant for the chemical citral yesterday, the key building block for
vitamins A and E, as well as the carotenoids beta-carotene and
canthaxanthin.
Twinlab, the US-based manufacturer and marketer of nutritional
supplements, has announced a major restructuring plan designed to
help improve its financial performance.
An independent assessment of the manufacturing capacities of Burcon
NutraScience has confirmed that the Canadian company will be able
to produce it canola protein isolates Puratein and Supertein on a
large scale, at significant yield...
