January 2009 Issue
Equal's maker, Merisant Worldwide, files for Chapter 11 bankruptcy
Source: Equal's maker, Merisant Worldwide, files for Chapter 11 bankruptcy By Mike Hughlett | Tribune reporter January 10, 2009 Chicago-based Merisant Worldwide Inc., maker of the artificial sweetener Equal, filed for Chapter 11 bankruptcy protection Friday, hobbled by the global credit crisis and sliding sales. Merisant, largely owned by private-equity firm Pegasus Capital Advisors, is saddled with $560.7 million in debt, compared with $331.1 million in assets, according to U.S. Bankruptcy Court filings in Delaware. Its biggest creditors are holders of its publicly traded bonds, who are owed $362 million. Merisant was scheduled to make $78.3 million in debt payments... Continue Reading
Posted on January 16, 2009 in Aspartame in the news | Link
More Companies Move Into Stevia Market
By Sarah Hills, 19-Dec-2008 Source: FoodNavigatorUSA.com Related topics: Natural sweeteners, Financial & Industry, Cereals and bakery preparations, Chocolate and confectionery ingredients, Dairy-based ingredients, Health and nutritional ingredients, Sweeteners (intense, bulk, polyols) A flurry of activity has followed the FDA no objection letters for the stevia-derived sweetener, Reb A, to be used in food and beverages as two companies announce self-affirmed GRAS. Blue California said it has completed its GRAS (generally recognized as safe) self-affirmation for its Reb A 97 percent sweetener Good&Sweet. And GLG Life Tech Corporation also announced that it has completed the necessary steps to declare self-affirmed GRAS... Continue Reading
Posted on January 10, 2009 in Stevia | Link
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