News

Vanilla is one of the most popular flavourings on the planet – and one of the most expensive – leading to a thriving market for alternatives, but vanilla beans are still in high demand. SP

Archer Daniels Midland Company (ADM) announced that it had completed its acquisition of the Ziegler Group, a European industry leader in natural citrus solutions. SP

Josef Manner & Comp. AG, headquartered in Vienna, Austria, successfully increased its revenues in the 2018 fiscal year compared to the previous year by 3.1%, up to just under € 209.9 m. According to the company’s annual financial statement Germany, Croatia and Hungary experienced very positive development on the European market during this period. SG

Fi Europe, the leading trade show for food and beverage ingredients, and Hi Europe, its counterpart for health ingredients, will become co-located events, alternating between Germany and France. SG SP

Mondelez International’s Cocoa Life program is making a “landmark” pledge that by 2025 all Mondelez chocolate brands will source their cocoa sustainably through the initiative. SG SP

Mondelez International, Inc. reported its first quarter 2019 results. Net revenues declined 3.4% to USD 6.538 bn, driven by the impact of currency. Organic net revenue increased 3.7%, with balanced volume/mix and pricing. SG

The Symrise Group remains on track for strong growth in the fiscal year 2019 with a high sales increase by 9.3% to € 848.8 m (Q1 2018: € 776.9 m) in the first quarter. SG SP

Environmentally friendly packaging and labelling boosts consumer confidence in both the brand and product. SP

In 2019, Sappi was selected for an Avery Dennison Supplier Distinction Award for the second consecutive year. In doing so, the awarding authority honoured the paper manufacturer’s sustainable conduct, its high-quality products and being a real global supplier. SP

The Hershey Company announced net sales and earnings for the first quarter ended March 31, 2019 and reaffirmed its 2019 net sales and earnings outlook. SG

Functional ingredients manufacturer Beneo is now capable of producing organic inulin from chicory roots, in what the company claims is an industry first. SP

Jool Invest AB has become a co‐investor in Zanders Paper GmbH. SP

The two companies Rübezahl Schokoladen GmbH and its Gubor brand from Dettingen unter Teck, Germany, and Hans Riegelein & Sohn GmbH & Co KG from Cadolzburg, Germany, previously focused on seasonal articles, have responded to the “signs of the times” by agreeing to combine forces and form a new corporate group. SG

Cocoa and chocolate specialist Barry Callebaut Group signed a Memorandum of Understanding with the Government of Serbia and the City of Novi Sad to construct its first chocolate factory in South-eastern Europe. SP

Cocoa manufacturer Barry Callebaut has established traceability for a third of its global cocoa volume. SP