Archives for August 13, 2012

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Fonterra firm against removing permeate

By Ankush Chibber

New Zealand’s largest dairy cooperative is refusing to join milk producers and marquee retailers that are removing permeate from their milk brands.

Meiji takes 113% hit to confectionery operating income

By Oliver Nieburg

Japan’s second biggest confectioner Meiji Holdings has reported a steep decline in its first quarter (Q1) confectionery profits as its chocolate sales fall and it suffers from a “shrinking” gum market.