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| | Benecol becomes Raisio's profit engine (Site not responding. Last check: 2007-10-19) |
 | | In comparison with Raisio's significantly larger unit, Nutrition, which produces a range of food and feed products including margarine, processed potato and malt, the Life Sciences unit is achieving margins of 13.3 per cent against a mere 3.1 per cent in Nutrition. |
 | | In addition, Raisio is looking to add value to the business, recently investing in new ventures including the development of ‘pure oat' products for people with celiac disease in collaboration with Finn Cereal, and the GoGreen business, a joint venture with Cerealia. |
 | | But improvement in the food business is expected to be ‘smaller than earlier anticipated', said Raisio, and the falling demand for malt and the drop in malt prices is expected to eat further into profits, with restructuring planned if the market does not change. |
| www.foodnavigator.com /news/news-ng.asp?n=61684-benecol-becomes-raisio (547 words) |
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