Potato News

Japanese trading house Mitsubishi Corp. announced a tender offer Wednesday to boost its stake in Kentucky Fried Chicken Japan Ltd. in a deal worth up to 30.83 billion yen (US$267.72 million;¤185,38 million).Mitsubishi, which already owns 31 percent of ...

Potential buyers for Wendy's International Inc. (WEN) have a Nov. 12 deadline to submit bids for the hamburger chain, but a shaky financing package assembled by Wendy's banks could throw a wrench in the auction and lead to lower offers. Wendy's lende...

Tate &Lyle, a manufacturer of food and industrial ingredients, has reported a 19% fall in profit before tax to GBP120 million for the first six months of 2007, compared with GBP149 million for the same period in 2006.

EU regulators and processors say they are examining the use of diacetyl for foods, following reports of hundreds of US workers falling ill from a deadly lung disease linked to the inhalation of the popcorn flavouring chemical."The experts of the ...

Popcorn Workers Lung victims involved in a class action lawsuit got some good news from a New York appeals court yesterday. The court ruled that if the former Missouri popcorn plant workers successfully prove their claims that diacetyl exposure cause...

The company said profit was $3.08 billion, or 92 cents a share, in the first quarter compared with $2.70 billion, or 79 cents a share, a year earlier. P&G plans to push further into health and beauty products, which generate higher margins than th...

The western Victorian regional city of Ballarat (population: 88,000) would not be the first city that would spring to mind when considering likely locations for the Australian headquarters of a global company.

Obesity rates did not rise last year for the first time in 25 years, a study has said, but are still too high and will continue to dominate public health agenda. The findings for the Centers for Disease Control and Prevention (CDC) show that while 34 p...

Procter &Gamble's (PG) first-quarter profit rose 14%, but the consumer-products giant said it is seeing some slowdown in the U.S. market as consumers pull back amid high energy costs and the housing downturn.   Sales for Procter's snacks, coffee an...

The UK government has taken a significant step towards the possible banning of trans fatty acids by asking the Food Standards Agency (FSA) for its urgent advice.board meeting was held yesterday to seek the views of members of the food industry, consume...

With the snip of a pair of scissors, Frito-Lay's Topeka facility officially expands. The 40,000-square-foot addition houses the company's new SunChips production line. Regional Vice President Mark Brinker is excited about the opening. "It's a sig...

Woensdagmiddag 24 oktober is de vijfde koelboot met 3600 ton consumptieaardappelen vertrokken van Vlissingen naar Mostaganem in Algerije.

US ingredient giant Cargill is expanding its line of high oleic canola products, on the back of customer demand for oils and shortenings with no trans fat and low levels of saturated fat.Cargill has changed the brand name of its TransEnd all-purpose s...

Following the approval of its acquisition of rival Wild Oats, Whole Foods Market has become the single most important natural food retailer in North America. The growing power of this 'supernatural' retailer is expected to consolidate supply chains of...

Organic food has a higher nutritional value than ordinary produce, a study by Newcastle University has found. A team grew fruit, vegetables and reared cattle on adjacent organic and non-organic sites across Europe. They found up to 40% more antioxida...

From October, McDonald’s Hungary replaces its cooking oil to a newly developed mixture that is made of rapeseed and sunflower seed oil. The new oil has lower than 2% TFA content – reduced from the current maximum of 5%. And the rate of saturated fats ...

New varieties of potatoes bred at SCRI, including Mayan Gold and Inca Sun, have better flavour than their more common relatives, thanks to their umami. Although perhaps not widely known, umami, from the Japanese word for delicious, is one of the five...

A few years ago it looked as though the odd crumbling monument in hick, southern towns would be all that remained of the fast-food industry. The obesity epidemic, class-action lawsuits and the stomach-churning revelations in Eric Schlosser’s book Fast...