Food Business News - Jun 26, 2007 - (Page 1)

FoodBusinessNews ® June 26, 2007 NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY Consumers concerned about food recalls Cadbury closes in on confectionery concentration 22 F.D.A. adds to food defense arsenal 24 Sweetener market in flux 29 MARKET WATCH Sale, not split, appears likely for beverages business LONDON - Cadbury Schweppes P.L.C. plans to eliminate approximately 7,500 jobs by closing approximately 15% of its candy factories by 2011 and will likely sell its Americas Beverages unit that makes 7-Up, Dr Pepper and Snapple soft drinks. Following the separation the company would be renamed Cadbury P.L.C. The announcements were part of a flurry of moves the London-based confectionery and beverage giant made in recent weeks. In March, Cadbury announced its intent to separate its confectionery and beverages businesses, a move the company said would deliver greater value for shareowners as focused and independent businesses. While the company continues to pursue a "twin track process" to either sell or spin off the beverage business, company executives this past week appeared to be leaning toward the former option. "I am pleased to report we're making Continued on Page 20 Cadbury's Americas Beverage portfolio consists of several iconic brands, like 7UP, Dr Pepper and A&W. U.S. cherry production 2006 135.2 250.8 131.9 146.9 2007 Tart Sweet 293.6 317.4 in thousand tons 2005 Sweet cherry production in 2007 is expected to be record large. Plan suggests vital role for food industry in redesigning import inspection system WASHINGTON - Mounting concerns about the risks associated with food imports have helped revive ideas aimed at conducting inspections more thoughtfully than in the past. The plan was first presented in a report presented to the leadership of the Food and Drug Administration in 2003, according to two of the plan's principal authors, Benjamin L. Eng- land and Carl R. Nielsen. The plan submitted to senior F.D.A. officials proposed replacement of the current "invoice-based" inspection process with a risk-based system requiring unprecedented cooperation and sharing of information by the F.D.A., other government agencies and the U.S. food industry and its suppliers abroad. The proposal itself was shelved as the woefully under-funded F.D.A. grappled with competing priorities. But food safety events involving imported foods and food ingredients forced issues addressed by the plan back to the fore. Dr. David Acheson, F.D.A.'s assistant commissioner for food safety, was charged at his appointment on May 1 with developing an enhanced risk-based inspection system for both domestically produced and imported food. Dr. Acheson told Food Continued on Page 28

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Food Business News - Jun 26, 2007