Archives for June 29, 2003

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McCormick, the right mix

US spice maker McCormick & Company saw profits in the second-quarter climb 19 per cent, helped by solid sales growth and interest income from a purchase-price adjustment.

Dean Foods buys up leading organic brand

Dairy foods producer Dean Foods is to buy the remaining 87 per cent share in organic milk leader Horizon Organic for around $216 million in cash, it announced today. The combined businesses, including both the Horizon Organic and Silk soymilk brands,...

Lonza boosts niacinamide production

Swiss chemicals firm Lonza is strengthening its position in the vitamin B3 market, with construction of a new niacinamide plant at its Guangzhou site in China.