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23/03/2017 | Point of Sale

New Name for the Carton Excellence Award, organized by Pro Carton and ECMA

The Carton Excellence Award, organized by Pro Carton and ECMA, is Europe’s most prestigious award for carton packaging. Deadline for the recent competition's entries is 11th May 2017. SG

The Carton Excellence Award, organized by Pro Carton and ECMA, is Europe’s most prestigious award for carton packaging. Deadline for the recent competition's entries is 11th May 2017. Established over 20 years ago, the event has continually got better and better with a consistent increase in Europe-wide participation.

“Europe’s ultimate award for carton packaging provides tremendous benefits for the participating companies both in terms of positive publicity but also in the motivation it generates amongst the workforce. The competition is very tough but that’s what makes winning this award so special” said Roland Rex, President Pro Carton.

And Andreas Blaschke, President ECMA, commented: “The design, structure and functionality of the submitted solutions show what is possible with cartonboard, the most sustainable and the most future-oriented packaging material “  The awards are divided into nine different categories, with the winners of each category competing to be the overall champion. In addition, for the first time the consumer will also be able to cast their vote to select the winner of the Public Award. Also new are "Save the Planet" Award for a product that has made a significant contribution to helping the environment and the "Most Innovative" Award which will highlight new techniques being used in carton production.

www.procarton.com

 
 
21/03/2017 | Packaging

MEPs pave the way for bioplastics in vote on waste legislation

European Bioplastics (EUBP), the association representing the bioplastics industry in Europe, welcomes the positive outcome of the European Parliament’s plenary vote on the waste legislation proposal concerning the EU Circular Economy Package. SP

European Bioplastics (EUBP), the association representing the bioplastics industry in Europe, welcomes the positive outcome of the European Parliament’s plenary vote on the waste legislation proposal concerning the EU Circular Economy Package. The vote of the Members of Parliament recognises the contributions of bioplastics to the EU circular economy.

The plenary’s vote on amendments of the Packaging and Packaging Waste Directive encourages Member States to support the use of bio-based materials for the production of packaging and to improve market conditions for such materials and products. “This vote is an important milestone in strengthening the link between the circular economy and the bioeconomy in Europe. Bio-based and recycled materials are starting to be equally recognised as a viable solution to make packaging more sustainable and reduce our dependency on finite fossil resources”, says François de Bie, Chairman of EUBP.

In line with its ambitious goals to increase recycling targets and waste management efficiency, the Plenary also voted for amendments of the Waste Framework Directive that support a definition of recycling that includes organic recycling. A separate collection of bio-waste will be ensured across Europe facilitated by certified collection tools such as compostable bio-waste bags. In addition, the MEPs have voted to exclude mechanically or organically recyclable waste from landfills.

www.european-bioplastics.org

 
 
16/03/2017 | Trade Fair

Free From Functional Food Ingredients

The common trade fair Free From Functional Food Ingredients (FFFFI) from 8 to 9 June 2017 in Barcelona, Spain, drives retail to food manufacturers. SG SP

The common trade fair Free From Functional Food Ingredients (FFFFI) from 8 to 9 June 2017 in Barcelona, Spain, drives retail to food manufacturers. Free From Functional Food Ingredients 2017 is bridging the gap between retail marketing and food technology.

The trade event is initiated by the ingredients industry itself and offers vital, healthy, free-from solutions for retail and food manufacturers. The fair is attracting retail marketing, product and brand management working with European food manufacturers and retail companies. Barcelona is where the top level decision makers from purchasing and product marketing come to source new products, discuss new food concept solutions, find new suppliers, meet existing suppliers and keep up-to-date on what retailers want.

www.freefromfoodexpo.com

 
 
16/03/2017 | International

Ferrero to acquire U.S. chocolate confectionery manufacturer Fannie May

Ferrero International S.A. has announced a definitive agreement to acquire the U.S. premium chocolate manufacturer Fannie May Confections Brands from 1-800-Flowers.com, Inc., a leading gourmet food and floral gift provider. SG

Ferrero International S.A. has announced a definitive agreement to acquire the U.S. premium chocolate manufacturer Fannie May Confections Brands from 1-800-Flowers.com, Inc., a leading gourmet food and floral gift provider. Additionally, Ferrero will enter into a strategic commercial partnership agreement to include selected Ferrero and Fannie May products in 1-800-Flowers gift baskets, towers and on e-commerce sites. Fannie May is a manufacturer of premium chocolates and confections and was founded in 1920 in Chicago, Illinois. Over nearly 100 years, the company has grown into one of the most well-known and loved premium confectionery brands in the Midwestern United States. According to Paul Chibe, President and CEO of Ferrero North America, Fannie May brings a valuable manufacturing, distribution and retail network to Ferrero's expanding U.S. presence. Ferrero plans to build on the Fannie May organization to support the growth of the Fannie May and Harry London brands.

The company's primary distribution channels include online leveraging 1-800-Flowers.com's e-commerce platform telephone, QVC home shopping channel, a network of 80 retail stores operated by Fannie May, conventional retail, and private label/contract manufacturing activities. Fannie May operates a production facility in Ohio and distribution centers in Ohio and Illinois, and employs 750 people full-time, with additional seasonal hires.

Giovanni Ferrero, CEO of the Ferrero Group, said, "Fannie May represents a strong strategic and cultural fit for Ferrero and we are happy that Fannie May's talented people, premium brand and quality products will become part of the Ferrero Group. The U.S. is an important growth market for Ferrero and we are excited about the opportunity to support and grow a great American brand as we continue to expand our presence in the U.S."

www.ferrero.com

 
 
15/03/2017 | Ingredients

Symrise: good rating in sustainability index

Symrise has once again received good marks in the sustainability index FTSE4Good. SP

Symrise has once again received good marks in the sustainability index FTSE4Good. In particular, Symrise earned the top score in the ranking for climate change and set itself apart with its sustainability management and its governance. The ranking is divided into two areas: In the first, it shows the current status of the company’s commitment to environmental, social and governance practices. In the second, it lists where there is room for development.

The purpose of this listing is to make potential investors aware of companies that conduct business in a particularly sustainable manner. Simply being included in the index shows the recognition and esteem for Symrise’s commitment to sustainability. The individual ratings Symrise earned are impressive: The current status of governance was rated above the average, scoring five out of a possible five points. The global company based in Holzminden/Germany earned four points in anti-corruption, climate change and working standards. Symrise scored three out of five points in biodiversity as well as human rights and social practices.

www.symrise.com

 
 
14/03/2017 | Industry

Chocolate nation Switzerland: Export is becoming increasingly important

In 2016, the total quantity of Swiss chocolate sold in the domestic and international market increased by 2.3% to 185,639 tonnes. The industry turnover increased 1.0% to CHF 1.764 bn. SG

In 2016, the total quantity of Swiss chocolate sold in the domestic and international market increased by 2.3% to 185,639 tonnes. The industry turnover increased 1.0% to CHF 1.764 bn. Thanks to good growth rates in four of the five most important export markets (Great Britain, France, Canada and USA) and partly very strong growths in other export markets, the declines in the most important export market, i.e. Germany, and in the domestic market could be compensated. According to Chocosuisse, the total domestic sales by Swiss manufacturers declined by 1.2% compared to the previous year. The domestic turnover decreased by 1.5% overall. The strong franc continues to keep up the import pressure and in 2016, it resulted in a 3.4% increase in the share of imported chocolates in the domestic consumption. Thus, the import share exceeded the value of 40% for the first time.

The per-capita chocolate consumption in Switzerland fell 100 g to 11.0 kg. In 2016, there was an overall positive development in the export business. The sales increased by 4.3% to 122,034 tonnes. The turnover thus achieved increased to CHF 874 m (+ 3.7%). The share of foreign sales in the total production increased again in 2016 and is now 65.7% (previous year: 64.5%). While the largest part of Swiss chocolates was still sold in the domestic market at the turn of the millennium, two of three chocolates manufactured in Switzerland are today being exported.

www.chocosuisse.ch

 
 
14/03/2017 | Industry

Symrise reports strong sales and earnings growth in 2016

Symrise AG exceeded its targets for the fiscal year 2016. The Company benefited from strong demand across all segments and regions, increasing its sales by 12% (local currency: 1 %) to € 2.903 bn (2015: € 2.602 bn). SG SP

Symrise AG exceeded its targets for the fiscal year 2016. The Company benefited from strong demand across all segments and regions, increasing its sales by 12% (local currency: 1 %) to € 2.903 bn (2015: € 2.602 bn). Normalized earnings before interest, taxes, depreciation and amortization (EBITDAN) grew by 9% to € 625.2 m (2015: € 572.2 m). Despite investments to capacity expansions and portfolio diversification Symrise operated highly profitable, with an EBITDAN margin of 21.5% (2015: 22.0%).

"In the fiscal year 2016, Symrise continued with its highly dynamic and profitable growth course while making targeted investments to expand its portfolio, competencies and capacity. Furthermore, we expanded our business segments to give them more flexibility. With our advanced and unique structure, we are able to best possibly address future customer needs and identify market opportunities early on. This foresight has been a defining feature of our approach for more than a decade and gives us a clear competitive edge. We want our shareholders to participate in this success. At the Annual General Meeting, the Executive Board and Supervisory Board will propose a dividend of € 0.85 per share for the fiscal year 2016," said Dr. Heinz-Jürgen Bertram, CEO of Symrise AG.

In 2016, Symrise expanded its organizational structure to grant the individual segments greater flexibility in developing their business activities. Along with this, a three-segment structure was established and two new members were appointed to the Executive Board. The activities of the former Flavor & Nutrition segment are now carried out by two separate segments. The Flavor segment includes applications for beverages, savory products, and sweets.

Sales in the Flavor segment increased by 4% to € 1.016 bn. In local currency, sales grew by 10%. At € 233.8 m, EBITDA for the reporting period was significantly higher than in the previous year (2015: € 218.9 m). The EBITDA margin improved significantly to a very good level of 23.0% (2015: 22.3%). All regions achieved substantial growth. The segment benefited in particular from strong gains in the application areas of sweets and beverages.

www.symrise.com

 
 
14/03/2017 | Ingredients

Taiyo extends its Sunfiber portfolio

At the trade fair Vitafoods Europe in May in Geneva/Switzerland, Taiyo will present new additions to its Sunfiber portfolio, an all-natural, soluble dietary fiber that can now also be used as a sweetener. SP

At the trade fair Vitafoods Europe in May in Geneva/Switzerland, Taiyo will present new additions to its Sunfiber portfolio, an all-natural, soluble dietary fiber that can now also be used as a sweetener.  

The Sweet-Sunfiber compound contains an Isomalto-oligosaccharide whereas the Sunfiber-Matcha Honey variant promotes natural sweetness with a green tea tang. Both combine the health-boosting properties and technological benefits of Taiyo’s dietary fiber ingredient with a mildly sweet taste profile.

Sweet-Sunfiber provides end products with a sugar-like sweetness – combined with a dietary fiber boost. The Isomalto-oligosaccharide convinces with an excellent nutritional profile: fewer calories, a low glycemic index, and tooth-friendliness. Sunfiber as a soluble fiber has various prebiotic properties, promoting the growth of short-chain fatty acids in the colon, which helps to prevent nutrition-related diseases. The Sunfiber range also benefits from optimized technological benefits. The ingredients are highly water soluble, stable at different pH levels and temperatures, and can therefore be used for a variety of applications as dairy and bakery products, meats and sausages, beverages, ice-creams and confectioneries.

The biocertified Sunfiber-Matcha Honey offers an interesting mixture of sweetness and refreshingly bitter green tea flavour. It provides a simple way to combine dietary fiber enrichment with an extraordinary taste and health-boosting properties. In general, Matcha is known for its antioxidant effect, and honey for its antibacterial properties.

www.taiyogmbh.com

 
 
13/03/2017 | Ingredients

Hochdorf Group posts record earnings in 2016

The Swiss Hochdorf Group significantly increased its earnings in the 2016 business year to record levels of EBITDA and EBIT, at CHF 33.4 m and CHF 22.5 m. SP

The Swiss Hochdorf Group significantly increased its earnings in the 2016 business year to record levels of EBITDA and EBIT, at CHF 33.4 m and CHF 22.5 m. The company achieved gross sales revenue at the previous year's level of CHF 551.5 m. In the 2016 business year, the group sold products totalling 237,054 tonnes (- 2.4 % compared to previous year).

The group processed 741,769 tonnes of milk, cream, whey and milk permeate (- 2.6 %). The Dairy Ingredients Division achieved gross sales revenue of CHF 401.9 m in 2016 (-3.2 %). The volume of liquid purchased and processed by Hochdorf Swiss Nutrition Ltd rose by 5.2 % on the previous year, to 409,119 tonnes. The Baby Care Division increased gross sales revenue by + 11.8 % to CHF 123.4 m. And the Cereals & Ingredients Division achieved total gross sales revenue of CHF 25.7 m in 2016 (+3.2%). The slightly higher gross sales revenue was achieved through an improved product mix: the sold quantity of products went down by - 6.3 % to 3,449 tonnes. The division is on course, thanks to various measures for cost optimization and streamlining the product range. www.hochdorf.com

www.hochdorf.com

 
 
13/03/2017 | Ingredients

PureCircle completes stevia plant expansion in Malaysia

The manufacturer of high-purity stevia ingredients, PureCircle Ltd., Kuala Lumpur, has marked the completion of a USD 42 m expansion of its stevia plant in Malaysia with a ceremony attended by the Minister of Energy, Green Technology & Water. SP

The manufacturer of high-purity stevia ingredients, PureCircle Ltd., Kuala Lumpur, has marked the completion of a USD 42 m expansion of its stevia plant in Malaysia with a ceremony attended by the Minister of Energy, Green Technology & Water.  

PureCircle has a deep commitment to making stevia a mainstream ingredient and claims to be the only company that has this type and scale of production facility in the stevia industry. The major expansion of the facilities will enable the concern to double its production capacity and focus on even more efficient extraction and processing from sustainably grown stevia leaf and purification for its next generation of pioneering stevia ingredients.

Innovations that have been incorporated into the new facilities include a dedicated line, specifically designed for PureCircle’s Zeta Family ingredients – these are comprised of the most sugar-like steviol glycosides, such as Reb M and Reb D, and allow for the deepest calorie reductions by food and beverage companies.

www.purecircle.com

 
 
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