Lexington Pharmaceuticals Laboratories, LLC has announced that its unique method of producing sucralose has received independent confirmation from one of the industry's leading experts that the method is more environmentally friendly than other known processes.
The company believes it will be less expensive to produce.
Todd Lowary, PhD, professor at the University of Alberta and an organic chemist familiar with current patents regarding the process technology by Tate & Lyle, has reviewed Lexington's intellectual property.
He says: "In my opinion, Lexington's procedure represents a significant improvement over any process that I have reviewed in the Tate & Lyle patent portfolio, not only in terms of cost, but also toxicity".
"I view what Lexington is doing as 'greener' chemistry than what's in the patent literature."
Lexington has filed patent applications on this novel manufacturing process
The product is expected to be introduced in the table top sweetener called Nevella, manufactured and distributed by Heartland Sweeteners, LLC.
The company is working with global partners to manufacture domestically in the US and at other sites around the world under pharmaceutical GMP conditions.
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Price promotions and the decision to only partially pass on food price inflation to customers have led to a downturn in second quarter margins for Ahold. Net sales for second quarter 2008 were EUR 5.8 billion, down 0.8% from the same period last year. At constant exchange rates, net sales increased by 7.3%.
Despite the credit crunch, drinks giant, Diageo reports another year of strong organic growth with net sales up 7% and operating profit up 9%. Sales rose to £8.09bn up from £7.48bn last year while sales volumes increased by about 3%.
Stop & Shop and Giant Landover supermarkets in the USA are getting a new-look and new logos. The stores are being revitalised as part of a series of new initiatives designed to enhance the customer store experience.
Tesco has raised £605 million (€ 758 million) from four sale & leaseback of properties in the latest phase of its ongoing programme of releasing value from its UK property portfolio.
The deal includes 13 Tesco stores, which account for about 2.4% of its UK store square footage, and a distribution centre.
After a 30% drop in its third-quarter net income, a down economy, and a ground beef recall because of possible E. coli contamination, Whole Foods will be laying off 49 workers, 13% of the people at it's corporate headquarters, after also closing its Austin (Texas) bakery only a few months ago.
Store brands account for 75% of Fresh & Easy sales. The Tesco-owned Fresh & Easy Neighborhood Market has now produced its 3 millionth product - a 17-ounce package of store brand mashed potatoes - and plans to add over 250 new Fresh & Easy brand products to its stores over the next several months.
