Monday, 24 July 2017

Nominations Open for British Potato Industry Awards

Nominations Open for British Potato Industry Award...

  Nominations for the “British Potato Industry Award” and “AHDB Above and Beyond Award” are now o...

New Zealand’s Best Chips Competition Is Back after 4 Years

New Zealand’s Best Chips Competition Is Back after...

  The Best Chip Shop Competition is set to be held again, after a four-year hiatus and 51 stores ha...

 Idaho Potato Commission Honors Innovation in Teaching

Idaho Potato Commission Honors Innovation in Teac...

  The Idaho Potato Commission (IPC) recognized new methods and breakthroughs in professional food...

Potato Grower Testifies on Importance of Trade Programs for Specialty Crops

Potato Grower Testifies on Importance of Trade Programs...

Potato grower Eric Halverson has spoken in front of the Senate Agriculture, Nutrition and Forestry Comm...

SuperValu Expects to Sell EUR32m Irish Potatoes This Season

SuperValu Expects to Sell EUR32m Irish Potatoes This Se...

  Leading Irish grocery retailer SuperValu expects to sell EUR32m in homegrown Irish potatoes this sea...

EC Project for Reducing Acrylamide in Food Approved

EC Project for Reducing Acrylamide in Food Approved

  European Union member states representatives voted in favor of European Commission's proposal to red...

Key Technology Introduces New VERYX C70 Digital

Key Technology Introduces New VERYX C70 Digital

  Key Technology expands its VERYX family of digital sorters with the addition of the new VERYX C70, a...

Elea Pulsed Electric Field Technology Launches SmoothCut One system

Elea Pulsed Electric Field Technology Launches SmoothCu...

  Elea PEF has recently launched a new compact industrial scale system for treatment of vegetables and...

Key Technology Presents VERYX Digital Sorters to Australian Processor

Key Technology Presents VERYX Digital Sorters to Austra...

  Key Technology introduces its VERYX family of digital sorters to the Australian food processing indu...

Lay’s Announces ‘Do Us a Flavor’ Contest Finalists

Lay’s Announces ‘Do ...

  Lay’s has announced the three finalist potato chip flav...

Nottingham University and Pipers Crisps Develop Science of Crisps

Nottingham Universit...

  Pipers Crisps, one of Britain’s best-known crisp brands...

Side Delights Launchs Farmers Table Organic Russet Single Wrapped, Microwaveable Potato

Side Delights Launch...

Fresh Solutions Network is taking to the Organic Produce S...

Scarborough Borough Council Approves McCain Plant Expansion

Scarborough Borough ...

  Scarborough Borough Council has formally recommended ap...

New Potato Processing Plant to Be Built in Tyumen, Russia

New Potato Processin...

  Construction of the first plant processing potatoes in ...

Pringles Announces Limited Top Ramen-flavored Chips

Pringles Announces L...

Canned potato chip brand Pringles has teamed up with Japan...

Natural Antioxidant to Extend Potato Chips Shelf Life

Natural Antioxidant ...

   Potato chips’ shelf life can be doubled with a new 100% ...

Simplot Starts Construction of New Plant in Mendoza, Argentina

Simplot Starts Const...

Simplot will start the construction of a French fries plan...

Pipers Crisp Co. Potato Chips Joins Liberty Richter

Pipers Crisp Co. Pot...

  British Pipers Crisps potato chips’ newest brand will p...

 Drones Measure Nitrogen Application in Potato Farming

Drones Measure Nitr...

  The researchers at Wageningen University Research ann...

Boise State Researchers Awarded IGEM Grant to Combat Potato Rot

Boise State Research...

  Boise State University researchers Harish Subbaraman, D...

Researchers Engineer Heat Tolerance in Potato Crops

Researchers Engineer...

  Scientists at the James Hutton Institute and the Univer...

Taiwan to Control Imports of GMO Potatoes

Taiwan to Control Im...

  Agriculture authorities in Taiwan say they are prepared...

Boise State University Develop Sensor for Potato Rot

Boise State Universi...

  Boise State University researchers Harish Subbaraman, D...

Simplot Postpones the Introduction of Innate Potatoes in Canada

Simplot Postpones th...

  Simplot Plant Sciences, the company that developed the ...

GMO Potato Lines to Be Approved in Australia and New Zealand

GMO Potato Lines to ...

  Food Standards Australia New Zealand (FSANZ) called for...

Maine Board Approves Three New Types of GMO Potatoes

Maine Board Approves...

Maine Board of Pesticides Control has unanimously approved...

AHDB Launches New Tool to Fight against Blight

AHDB Launches New To...

  AHDB Potatoes has launched a new website to help combat...

As consumers feel the pinch of recession, they are likely to shun pricier fresh produce and head for cheaper fare in supermarket freezers, predicted the chief executive officer of frozen foods firm Pinguin.


"If this crisis goes on long enough, people will get to understand that they can get their biggest savings with frozen goods," CEO Herwig Dejonghe told Reuters in an interview.
"Frozen foods are underestimated and undervalued in the market, but people will discover that they can have the same quality of life at about a 25 to 30 percent lower cost, on average."
Dejonghe expected the recession-driven switch in consumer behaviour and the boost to his turnover to be a gradual medium-term effect, rather than a short-term spike.
Belgian Pinguin, which in November forecast a consolidated operating income of 440 million euros for 2008, produces a range of frozen vegetables, potatoes and ready-meals and sells them to grocery stores and food service groups in Europe and Asia, under its own and private labels.
One difficulty in a recession, Dejonghe said, is that consumers are loathe to support price increases. However, because vegetable prices are less volatile than other food staples, Dejonghe said this isn't such an issue for Pinguin.
Pinguin has seen a rapid increase in turnover of late, though mainly due to a slew of recent acquisitions. Last year the company bought UK frozen vegetable group Padley Vegetables and Belgian deep-frozen potato group Lutosa.
Lutosa now accounts for about 50 per cent of Pinguin's sales, Dejonghe said, which will be reflected in January when Pinguin will change its name and re-list as Pinguin-Lutosa.

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