Archives for August 13, 2003

← 2003

EU, US framework for WTO negotiations

With just three weeks remaining until the Cancun meetings, the EU and the US yesterday presented a joint framework to relaunch agricultural negotiations. Focusing on three areas, domestic support, market access and export competition, the two largest...

Novozymes riding high

Danish enzymes company Novozymes continues on a high this year, despite a slight fall in food enzyme sales for the quarter, resulting in an overall boost to 13 per cent for its forecast for net profit increase for the full year.

Green tea could halt bladder cancer

The active ingredient in green tea, epigallocatechin-3-gallate (EGCG), has been found to block the growth of bladder tumours in rats, suggesting the chemical could be used to prevent bladder cancer.

No growth at Weider

Sales at Weider Nutrition fell 14 per cent during fiscal 2003 and the supplement maker failed to cut 2002 losses. But divestments of non-core activities will start to make a difference next year, claims the company.

Functional foods establish place in food industry

The US functional food industry could almost double in value by 2007, according to a new report, which estimates sales of the health products will be more than $37.7 billion by 2007, compared to $20.2 billion in 2002.

Danisco dusts off new technology

Denmark-based ingredients supplier Danisco has developed a low-dust powder technology for food manufacturers aiming for an improved factory environment.