Financial Briefs: Tootsie Roll, Petra Foods and Meiji
Increased interest in cocoa polyphenols helped Japanese confectioner Meiji grows sales in its latest financial results, while Petra Food and Tootsie Roll also reported sales growth in Q2.
Archives for August 24, 2014
Ghirardelli shells out $5m to settle ‘fake’ white chocolate suit
Lindt & Sprüngli's US subsidiary Ghirardelli Chocolate has settled a class action lawsuit over allegations its Premium Baking Chips – Classic White misled consumers by claiming to contain white chocolate.
Fully certified cocoa ‘a prerequisite for doing business in chocolate’, Cloetta tells SMEs
Buying certified cocoa only from third party organizations such as UTZ Certified is now an essential part of doing business for all chocolate companies, not just the big ones, says Scandinavian confectioner Cloetta.
Patent Watch
Tate & Lyle seeks patent for reduced sugar corn syrup soft gums and caramels
Ingredients supplier Tate & Lyle has filed a patent for a method to produce low sugar content soft gums and caramel using reduced sugar corn syrup.