The VTT Technical Research Centre in Finland has developed a technique that enables the production of the PGA monomer glycolic acid from bio-based materials more efficiently than before. [ + ]

Archer Daniels Midland has made a revised non-binding proposal to GrainCorp to acquire its outstanding shares for $12.20 per share in cash. [ + ]

Summing up the food labelling debate in Australia, AFGC CEO Gary Dawson likened it most appropriately to a piece of food that looks dry on the outside, but is hot and spicy when you bite into it. [ + ]

Ferrier Hodgson has reportedly received more than 100 expressions of interest from potential buyers looking to purchase part or all of the Gourmet Group business, which includes brands such as Rosella, Aristocrat and Waterthins. [ + ]

The Federal Government’s decision to establish and Anti-Dumping Commission has been welcomed by the Australian Food and Grocery Council (AFGC). [ + ]

The food safety sector looks set to boom in the coming years, with a new study from the Freedonia Group suggesting that demand for food safety products will rise 8.4% per year to $18 billion in 2016. [ + ]

The Foodplus program has been approved for co-funding from the Primary Growth Partnership. The program will investigate how to generate more value from beef carcases. [ + ]

An international team of scientists has completed the first comprehensive analysis of the bread wheat genome. The analysis could help develop new strategies for breeding and improving wheat crops. [ + ]

APPMA has welcomed IDM Instruments and Lantech Asia Pacific as the association’s two newest members. [ + ]

Science writer Julian Cribb warns of a series of ‘tipping points’ - points of no return that the global food system will reach in the next 50 years unless there is a radical change to farming systems, cities and the world diet. [ + ]

The Australian Competition and Consumer Commission (ACCC) has decided not to oppose the proposed acquisition of Pfizer Nutrition by Nestlé. [ + ]

Nuts are back on the menu for dieters, following the release of a Nuts for Life health report that busts the diet myth that eating nuts makes you fat. [ + ]

Coffee has been named king of hot beverages in Australia, usurping tea’s position as the at-home drink of choice among Australians, according to BIS Foodservices’ Coffee and Beverages 2012 report series. [ + ]

The ‘Operation Hayride’ compliance operation has uncovered widespread and deliberate importation and distribution of prohibited food in Australia. In the second completed prosecution one company director has been gaoled and his company fined. More prosecutions are expected. [ + ]

Not everyone likes fish, even though it is a natural source of omega-3 fatty acids. Now researchers have shown it is possible to incorporate fish oil into milk and dairy-based beverages in amounts sufficient to promote heart health without destroying the product’s taste or limiting its lifespan. [ + ]