When The Dow Chemical Co. (NYSE:DOW) managed to finagle the $16.3 billion acquisition of specialty chemicals manufacturer Rohm and Haas Co. in April by securing a $9.2 billion bridge loan, Warren Buffett, who last summer committed to buying $3 billion worth of Dow’s preferred shares, said that the investment looked smart at the time but “looks dumb at the present time.”
Still, analysts, on average, expect Dow to announce for the fiscal quarter ending Sept. 30 earnings per share of 9 cents and revenue of $11.87 billion. Earnings expectations for the …
The EU has issued a G/SPS/N/EEC/291, 292,293 / Add.1 and many other informed, formally approved a number of laws and regulations relating to food, they are: food additives and their use of food regulations, food enzymes and their the use of food laws and regulations, as well as spices and some characteristics of food ingredients with spices and the use of food laws and regulations.
The above-mentioned laws and regulations have been published.
FSANZ is currently assessing an application from a food manufacturer wanting to add cholesterol-lowering plant sterols to a reduced fat cheese.
Manufacturers were first permitted to add plant sterols to food, specifically to edible oil spreads and margarines, in 2001. This decision was based on scientific evidence that showed plant sterols consumed at a level of 2-3 grams a day can reduce cholesterol levels without negative health effects. However, the evidence also showed there was no benefit to eating more than this amount.
Based on this evidence, FSANZ allowed manufacturers to add …
PepsiCo’s Aquafina Plus Vitamins 10 Cal has become the first mainstream stevia-sweetened beverage to be launched on the Canadian market by using natural health product rules.
Product launches have gradually begun to emerge in the US since the FDA issued letters of no objection that Reb A, the high purity stevia extract, was GRAS (generally recognised as safe) for use in foods and beverages in December, effectively laying the way for what is expected to be a flood of future launches.
But in Canada the regulatory process requires companies looking to launch …
Air Products Food Industry Specialist Discusses Benefits of Nitrogen for
Variety of Food Processing Applications
LEHIGH VALLEY, Pa., Oct. 16 /PRNewswire-FirstCall/ — Food processors who are
looking to improve product quality, lower costs and increase output may want
to consider adding nitrogen to their operation. Air Products (NYSE: APD) food
industry specialist Chris Johnson will discuss the benefits of using nitrogen
in a variety of food processing applications when he presents “Liquid Nitrogen
— A Beneficial Ingredient in the Food Industry” at the Prepared Foods R&D
Applications Seminar in Itasca, Ill., on Monday, October 19th. Chris will
provide unique …