Archives for February 23, 2005

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SourceOne secures citrus extract supply from China

SourceOne Global Partners has secured access to a constant supply of citrus-derived polymethoxylated flavones (PMFs), key ingredients in patented antioxidant compound Sytrinol, by signing an exclusive long-term agreement with Chinese extractor and...

Degussa breaks up ingredients unit in fruit system sale

Flavours and texturants firm Degussa will shrug off its fruit preparation business to an American equity company in a sale that prepares the ground for a total divesture of its remaining food ingredients unit.

Herbalife counts the cost of recapitalization

Direct supplements marketer Herbalife has reported a net loss of $14.3 million for full fiscal 2004 but attributes the huge drop in income over the last 12 months, from $36.8 million for 2003, to expenses associated with recapitalization.

Croda focus on added value driving profits

UK speciality oils supplier Croda International said sales to cosmetics and supplement customers rose 8 per cent last year, helped by expanded capacity in fish oil concentrates and new product launches.

Nestlé expands ice cream lines in China

Suppliers of ingredients to the developing ice cream market in China will welcome news that Nestlé, the world's number one food maker, will deepen penetration and sharpen competitiveness in this burgeoning market through new launches.