admin

admin

Over C$19 million invested in plant ingredient project

REGINA, SASK. — Protein Industries Canada has contributed C$7.3 million ($5.4 million) of a total investment of C$19.2 million ($14.2 million) in a project to create new ingredient and food options, including allergen-friendly ones, for consumers. In the project, Avena…

FTC suing to block Kroger-Albertsons merger

WASHINGTON — The US Federal Trade Commission on Feb. 26 is suing to block the Kroger Co.’s proposed $24.6 billion acquisition of the Albertsons Cos. Inc., alleging it is anti-competitive. A merger of the two supermarket chains would eliminate competition…

Indiana legislation seeks to ban high-fructose corn syrup

INDIANAPOLIS — Legislation proposed in the Indiana state legislature would ban the use of high-fructose corn syrup in food and beverage products sold in the state. The legislation was proposed on Jan. 8 and referred to the legislature’s Committee on…

Nestle feeling the effects of worst inflation in decades

VEVEY, SWITZERLAND — A softening of food demand was to be expected in 2023 given the magnitude of food price inflation experienced over the past two years, said Ulf Mark Schneider, chief executive officer of Nestle SA. Schneider commented Feb. 22…

Value of texture underappreciated, Ingredion says

BOCA RATON, FLA. — Consumer research undertaken by Ingredion, Inc. has the Westchester, Ill.-based company focused in on creating more value from texture, said James P. Zallie, president and chief executive officer. “We believe that texture plays an underappreciated but…

en_USEnglish