Tuesday, 27 January 2015

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IPPSC helps you find more on Pulsed Electric Field (PEF) Technology

In potato processing, PEF systems are an emerging alternative for traditional preheaters, as if not only results in superior cut quality and better drying efficiency, but also improves the leaching of sugars, resulting in

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Improving the hygiene and sanitation in potato processing facilities is carrying with itself a lot of benefits to the producers. Improvement of food safety, and answering more and more strict sanitary regulations, might be

LAMMA, UK’s largest farm machinery show starts on January 21

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Global Cold Storage Capacity Report for 2014 shows that India surpassed USA

Global Cold Storage Capacity Report reveals that India has now a bigger total cold storage capacity, with 131 million cubic meters of space, compared to 115 million in the USA. China is now the

New format for Fruit Logistica 2015, focusing on machinery, technology and packaging

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For the first time, Fruit Logistica 2015 features an exclusive forum for machines and technology tha...

IPPSC helps you find more on Pulsed Electric Field (PEF) Technology

IPPSC helps you find more on Pulsed Electric Field...

In potato processing, PEF systems are an emerging alternative for traditional preheaters, as if not ...

LAMMA, UK’s largest farm machinery show starts on January 21

LAMMA, UK’s largest farm machinery show starts on ...

Farmers from UK and Europe prepare to participate at LAMMA, the UK’s largest farm machinery, equipme...

McCain closes plant in Grobbendonk and transfers the production in Leuze

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Potato specialties production plant in Grobbendonk will be shut down early in 2016, McCain Foods Belgium’...

Market trends: Australia’s favorite snack

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Potato chips remain the favorite snack in Australia, according to Roy Morgan Research. The data from the ...

McCain Foods expands in Indian cities

McCain Foods expands in Indian cities

McCain Foods, producers of frozen French fries and appetizers, is expanding its distribution network as w...

Patent Covers Quick-Release Conveyor Belt Containment Device for Easy Cleaning of Food Conveyors

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Dynamic Conveyor Corporation announced the issuance to it by the US Patent Office of a patent that gives ...

Loma helps the companies to apply standards for food safety

Loma helps the companies to apply standards for food sa...

Loma Systems urges food companies to review inspection equipment and procedures in line with BRC’s latest...

GEA to supply PEPEES advanced technology for drying potato starch

GEA to supply PEPEES advanced technology for drying pot...

 GEA Barr-Rosin is to supply PEPEES in Poland with a turnkey potato starch drying system. New equipment w...

Potatoes are back on WIC, a nutritional program for women, infants and children in USA

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The National Potato Council (NPC) from USA succeeded to put ...

Exclusive interview with the director of Urschel Laboratories, Inc: The Urschel team is a very strong one

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What began with one man's invention more than 100 years ago ...

Important investment in Lamb Weston frozen food facility in Netherlands will add capacity and jobs

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Lamb Weston / Meijer, a joint venture between US-based ConAg...

Thanksgiving Feast, a new line of kettle-cooked potato chips

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Boulder Canyon Foods introduces Thanksgiving Feast, a new ...

Potato Week 2014 to take place on October 6-12

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Seed Industry Event conference tackles key industry concerns

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Armenia registered an important growth in potato exports in 2014

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McDonald’s does not plan to use J.R. Simplot's GMO potatoes

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Prince Edward Island Potato Board awards tips in tampering case

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Farmers in Uzbekistan learn how to improve productivity and save water

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A market analysis firm claims one in four companies are now loss making in the UK potato industry.

Plimsoll Publishing, the worlds leading provider of market reports and company analysis, says a quarter of companies in the UK potato industry are making a loss as the recession continues to bite.

But how many of these 83 loss making companies have simply had a bad year and how many are burying their head in the sand is the subject of a new study.

David Pattison, author of a new market report into company performance in the market says, "Increasingly we are seeing companies making a loss for the first time in their history and I think they can rightly claim they are victims of difficult trading conditions. A quick refocus on profitability would ensure this an isolated occurrence - ‘the year the recession forced us into loss', however, market conditions are a flimsy excuse for a band of serial loss makers that are prevalent in the market."

The study shows that 38 companies are making a loss for the second, and in some cases, even third year running.

Pattison continues, "These companies are either blatantly undercutting the rest of the market to enhance or maintain market share or, more likely, have delayed making the painful decision more prudent companies have made recently. No one wants to trim costs, lay off staff, cancel dividend payments and the like but continuing on regardless is fast becoming unviable. They can't bury their heads in the sand any longer."

Mr Pattison congratulates management teams who have had the courage to make difficult and unpopular decisions.

He adds: "They have cut their cloth according to the market conditions and as a result are more stable for it. Those failing to do so are running out of time and cash. Without a big increase in demand they cannot support their pricing strategy for much longer. Watch out for a number of failures in the coming months among the companies we have identified."

The study 'Plimsoll Industry Analysis - Potatoes' provides an assessment of 270 companies in the market.

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