News

European sugar producer Südzucker and DouxMatok, a developer of targeted flavour delivery technology, have announced a partnership to commercialize DouxMatok’s “breakthrough” sugar reduction solution across Europe to support the food industry’s efforts to reduce sugar content. SP

This is a very special occasion, even for a family-owned company steeped in tradition like Schumacher Packaging. The Schwarzenberg plant will soon be celebrating its 150th anniversary. SG SP

Nestlé Group achieved an organic growth of 2.8% in the first half of 2018. The growth was in line with the company`s expectations and within the guidance for 2018. SG

The Hershey Company announced sales and earnings for the second quarter ended July 1, 2018. Consolidated net sales were USD 1.752 bn versus USD 1.663 bn in the year ago period, an increase of 5.3%. SG

Almonds continue to lead new product introductions worldwide, according to new data from Innova Market Insights. SP

Brune Poirson, Minister of State, attached to the Ministry of State for the Ecological and Inclusive Transition, has called for EU-wide measures to halt deforestation in supply chains, such as cocoa. SP

Archer Daniels Midland Company (ADM) has reached an agreement to acquire Rodelle Inc., a premium originator, processor and supplier of vanilla products. SP

The government of Ghana and companies in the chocolate and cocoa supply chain have outlined actions to implement a Joint Framework of Action signed at the UN Climate Change Conference (COP23). SP

Lindt & Sprüngli AG, Kilchberg, Switzerland, has achieved strong group sales of +7.7% in the first half-year, generating consolidated sales of CHF 1.67 bn. Organic growth increased to +5.1%. SG

Leading flavour & fragrances supplier Givaudan has reported that sales for the first six months of the year were CHF 2.67 bn (USD 2.70 bn), an increase of 5.6 % on a like-for-like basis and 7.7 % in CHF. SP

Suiker Unie has advised the Cosun cooperative’s farmers to plant fewer beet in spring 2019 in order to reduce their beet crop for the 2019 campaign by 10 to 15 %. SP

Nuts and their health benefits are widely understood. Green & Gold Macadamias has reported a 60 % rise in global tree nut consumption, which is a testament to the fact that people are eating more and more of them. SP

Three weeks after Nestlé was suspended from the Roundtable on Sustainable Palm Oil (RSPO) for breaching its code of conduct, the food giant has been reinstated after submitting its action plan to achieve 100 % RSPO-certified sustainable palm oil by 2023. SP

Nestlé SA has announced that its subsidiary Nestlé New Zealand is selling six small confectionery brands to Australia’s Quadrant Private Equity, the latest example of the Swiss food giant tidying up its portfolio. SG

Lesaffre has purchased Delavau Food Partners, an innovator in baking ingredients based in North America. SP