ZURICH, July 28 (Reuters) – Nestle (NESN.S) warned on Thursday that price hikes could eventually weigh on sales volumes for the maker of Cheerios cereals, Kit Kat bars and Nescafe as it raised its full-year sales growth forecast to 7-8% and trimmed its margin guidance.
Cost inflation hurt the world’s biggest food group less than expected in the second quarter and price increases boosted first-half organic sales growth.
Consumer goods businesses are facing soaring costs for
A lawsuit against Mars, the company that makes Skittles, points to titanium dioxide in the candy. The ingredient is one of thousands of additives allowed in foods under federal regulations.
Mark Lennihan/AP
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Mark Lennihan/AP
A lawsuit against Mars, the company that makes Skittles, points to titanium dioxide in the candy. The ingredient is one of thousands of additives allowed in foods under federal regulations.
Mark Lennihan/AP
A California man, who claims Skittles candy contains a “known toxin” that makes it “unfit for human consumption,” is suing the manufacturer, Mars.
That ingredient — titanium dioxide — is
DALLAS (KDAF) — Traveling around the world will allow you to experience cuisines like no other and if you’re a foodie, trying out new food, cuisines and dishes is in your blood, but not everyone can afford to do these worldwide travels to titillate their tastebuds.
The U.S. has cuisines from all over the world highlighted in each state including Mediterranean, Asian fusion, new American, Vietnamese, Southeast Asian, Japanese, barbecue, Italian, Korean and Portuguese. Each state has their claim to fame, but according to a study done by VacationRenter, they’ve found some surprises along the way when it comes
Mondi has announced plans to invest nearly EUR 65 million in three Consumer Flexibles packaging plants in Europe with the aim of increasing production capacity and meeting customer demand for sustainable pet food packaging solutions.
According to Mondi, the investment will see production capacity increase at Consumer Flexible plants in Austria (Mondi Korneuburg) and Germany (Mondi Halle and Mondi Steinfeld). The project is part of Mondi’s previously announced EUR 1 billion expansionary capital investment programme to accelerate growth in sustainable packaging.
Mondi says that work has already started at its Korneuburg plant, including investments in new state-of-the-art machinery and equipment,
Inflation is rampant, food prices are surging, millions of people are falling into poverty each month, and this year the world will burn enough food to feed more than 1 billion people.
Turning edible crops into biofuels for vehicles has long been controversial, but campaigners are now arguing that, in today’s world, the practice is “immoral”.
The United Nations has warned of a “looming food catastrophe”, driven by COVID-19, climate change, and the conflict in Ukraine, which
The GEA Better Juice Sugar Converter Skid has been set up within GEA’s innovation centre on Germany’s western border.
Expected to be fully operational by mid-July this year, the facility is fitted out with GEA processing equipment for Better Juice’s sugar reduction technology.
The pilot centre creates a ‘high-tech venue’ where Better Juice can host companies to ‘see, learn, plug in, and actually taste their products’ after they’ve been recreated with Better Juice’s tech, explained Gali Yarom, co-founder and co-CEO of Better Juice.
“Here, we can now collaborate with our customers at the test centre to strike the ideal balance
