Milling & Baking News - December 8, 2015 - (Page 1)

THE NEWS WEEKLY OF GRAIN-BASED FOODS DECEMBER 8, 2015 / READY-TO-EAT CEREAL UPDATE E.P.A. rule on biofuel requirements generates mixed reviews R.-T.-E. cereal on the road to recovery Story on Page 28 LATE NEWS Puratos acquires Pennant Ingredients GROOT-BIJGAARDEN, BELGIUM - Puratos has acquired Rochester, N.Y.-based Pennant Ingredients, a provider of specialty bakery products and solutions to the North American quick-service restaurant, food service and retail in-store bakery channels. Financial terms of the transaction were not disclosed. "This acquisition will allow us to increase our positioning in North America, especially in food service," said Daniel Malcorps, chief executive officer of Puratos. Pennant has more than 70 years of expertise in producing and delivering ready-to-use mixes and toppings. The company generates more than Continued on Page 8 WASHINGTON - The Environmental Protection Agency on Nov. 30 announced its final rule for biofuel volume requirements under the Renewable Fuel Standard (R.F.S.). for 2014, 2015 and 2016 as well as final volume requirements for biomass-based biodiesel alone for 2017. The volume requirements mandate how much biofuel refiners must blend into the nation's motor vehicle gasoline and diesel fuel supply. The E.P.A.'s final rule included volume requirements for advanced biofuel, which includes cellulosic biofuel and biomass-based diesel, as well as for total renewable fuel. Predictably, corn-based ethanol manufacturers and corn growers were sharply critical of the final volume requirements, asserting they were too low and fell short of statutory mandates, especially for corn-based ethanol, while the petroleum industry asserted they were too high. The soybean industry, the major player in the biodiesel sector, was generally supportive. Views in Congress ran the gamut with some members saying the E.P.A. should have mandated more robust volume requirements and others arguing the R.F.S. was a failed policy and its reform or even outright repeal was necessary. The E.P.A. noted it finalized 2014 Continued on Page 34 Flowers Alabama baking plant going organic next year TUSCALOOSA, ALA. - Flowers Baking Co. of Tuscaloosa, a subsidiary of Flowers, Foods, Inc., will begin baking organic bread in the plant in the spring of 2016. Toward that end, Flowers said it will invest about $8 million on a new bread production line at the plant. As part of the project, production at the baking plant will stop for about three months. Once the work is completed, the plant will bake Dave's Killer Bread and Alpine Valley Bread, two brands Flowers acquired earlier in 2015. Tuscaloosa will be the company's first organic-only baking plant in the East. "This is a great opportunity for our bakery," said Keith Singletary, president of Flowers Baking Co. of Tuscaloosa. "We have a top-notch team and will work closely with experts from Dave's Killer Bread and Alpine Valley to stay true to both brands' unique production techniques and ingredient specifications. I am excited about our potential for growth in the years ahead." Flowers of Tuscaloosa has operated at Continued on Page 10

Table of Contents for the Digital Edition of Milling & Baking News - December 8, 2015

Milling & Baking News - December 8, 2015
E.P.A. rule on biofuel requirements generates mixed reviews
Flowers Alabama baking plant going organic next year
Late News - Puratos acquires Pennant Ingredients
Table of Contents
News Comment - Pinnacle transaction a bellwether for 2016?
Editorial - Different roads for wheat and rice
Late News
Business - Private equity group buys majority in Canadian dessert maker
Robert Moskow: Kellogg offers ‘best risk-reward in our space
Pinnacle convinced gluten-free remains a sustainable trend
New World adds gluten-free pasta lines in Memphis
Michael Foods working to meet demand for cage-free eggs
Financial Results - Weston meets objectives for foods business in quarter
Morrison says Goldfish cracker brand ‘hitting on all cylinders
Makeovers to La Brea, Otis Spunkmeyer boost Aryzta
Merchandising - J&J Snack, General Mills partner on Pillsbury Mini Pies
People - Former Canada Bread exec to join Flowers board
Shick Solutions hires new director of engineering
Industry Activities - Secretary Vilsack notes climate change may impact food security
NAMA objects to Times’ portrayal of modern flour milling practices
International - Former U.S. ag secretaries urge passage of T.P.P.
Ready-to-eat Cereal Update - R.-T.-E. cereal on the road to recovery
Export and Trade Issues - Flour trade forecast for 2015-16 raised to near record by I.G.C.
Washington - Study: Europe should consider mandating folic acid fortification
Supplier Innovations
Ingredient Market Trends - U.S. agricultural trade surplus forecast to be lowest since 2010
Ingredient Week
Marketplace Business Network
Ad Index

Milling & Baking News - December 8, 2015