:. Food Industry News


Burger King Sees Fastfood Trans-Fat Free by End-2008

Source: Reuters
08/06/2007

Tokyo, June 8 - Burger King, the world's No.2 hamburger chain, sees a trans fat-free fastfood industry by the end of 2008 if oil supply holds, CEO John Chidsey said on Friday.

Daily News Alerts

"We have found oils that will work and the only reason we haven't been specific on the date (to switch), unlike our competitors, is there is not a lot of supply," he told Reuters.

"Certainly by the end of '08, subject to supply, because now for ourselves, for McDonald's, for Wendy's, (it) doesn't exist."

Trans fat increases the low-density lipoprotein -- so-called bad cholesterol -- in food that clogs arteries, and health officials have advised consuming as little as possible.

Chidsey, in Tokyo to open Burger King Holdings' first restaurant since pulling out of Japan in 2001, said Japanese outlets would all be trans fat-free from the start, using locally or Asian-sourced oils.

Burger King is testing a variety of healthier oils in hundreds of U.S. restaurants in five markets, saying a decision would be based on supply, taste and operational issues.

Some U.S. cities have banned artificial trans fats from restaurants in recent months, with a New York City ban in effect from summer and Philadelphia's phased in over the next 18 months.

Chidsey said all local deadlines for switching would be met.

A nutrition advocacy group sued Burger King in May over the use of frying oil containing trans fats, which the company called baseless, adding it was committed to eliminating trans fats.

Wendy's International Inc., Yum Brands Inc.'s KFC and Taco Bell units, Starbucks Corp. and McDonald's Corp. have either made the switch to healthier oils or say they are working on replacing currently used oils.

"Assuming growers do what they're supposed to, I think the industry will very close to trans fat-free by '08," Chidsey said.

BEEFING UP EXPANSION

Burger King left Japan six years ago in a pricing war with rival McDonald's Japan, but is back running under South Korea's Lotte Group and turnaround firm Revamp Corp., pushing a "Whopper" menu priced about 30 percent more than a Big Mac.

"People will pay. They notice the difference in quality (and) the Japanese market will demonstrate that," Chidsey said.

The chain plans to open eight Japan restaurants serving New Zealand beef by the end of March and 50 in the next three years.

"Those numbers will ramp up. I think 50 will end up being an understatement."

Burger King has more than 11,200 restaurants in 65 countries and eyes India and China in further expansion.

The company says it is in discussions with Pantaloon Retail India Ltd., the nation's top retailer, and other firms on entering India, while Chinese growth is under way.

"You will see in the next couple years a series of franchise deals that allow us to expand much more rapidly in China."

He said 2007 growth was overwhelmingly international.

"In a couple of weeks, we'll finish a year in which we'll build just a little under 500 restaurants, 80 percent of which are outside the U.S., because that's where all the growth is."



GO   View more articles on this subject


More Alerts from 08/06/2007


Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
Burger King Begins Rolling Out Trans Fat-Free Oil
Nutrition Group Sues Burger King Over Trans Fats
Burger King Tests Trans-Fat-Free Oil for Possible 2008...
Burger King to Open First Russian Outlet in 2009
Burger King Posts Lower-Than-Expected Profit
Burger King 4Q Profit Rises 16% On Refranchising Gains
Largest Burger King Franchisee Carrols Q2 Profit Beats...
Cargill to Stop Making Hydrogenated Oil at US Plant...
New York Restaurants Nearly All Trans-Fat-Free
Burger King Holdings, Inc. Reports Third Quarter Fiscal...

More in Food Industry News
Procter & Gamble Repurchasing Shares, Quiet on...
US Shoppers Going Green Despite Struggling Economy
Wessanen Sells Liberty Richter to World Finer Foods
Cheesecake Factory Sticks to 2010 Forecast
Brenntag Changes 2.5 Bln Euro Loan to Allow IPO
European Commission Refers Greece to ECJ over Unjustified...
JM Smucker's Quarterly Net Income Increases 172%
Ferrero, Hershey Would Likely Break up Cadbury
Indonesia's Astra Agro Revises Up CPO Forecast
Cocoa Supplier Olam to Benefit from Consolidation Among...

Top Headlines
Procter & Gamble Repurchasing Shares, Quiet on...
US Shoppers Going Green Despite Struggling Economy
Wessanen Sells Liberty Richter to World Finer Foods
Cheesecake Factory Sticks to 2010 Forecast
European Commission Refers Greece to ECJ over Unjustified...
JM Smucker's Quarterly Net Income Increases 172%
Cocoa Supplier Olam to Benefit from Consolidation Among...
Avebe and National Starch Food Innovation to Expand...
Auchan Backs Hypermarkets as Rivals Rethink
Ferrero Could Eye Cadbury Gum, Candy Unit
Dole Food Posts Wider Q3 Loss
Fonterra Sells Stake in UK Joint Venture to Arla
Imperial Sugar Company Closes Three-Way Joint Venture...
PepsiCo to Invest $100 Million in Egypt in 2010
Ex-Parmalat Auditors Settle US Investor Lawsuit
Tesco in Broadband Push as Reaches Beyond Groceries
India Sugar Protest Forces Parliament to Shut
Kerry Group Keeps Full Year Earnings Growth Forecast
Nestle Professional to Acquire Vitality Foodservice
Pinnacle Foods Acquires Birds Eye Foods for USD 1.3...
DSM Makes Great Strides in Production Processes for...
Russian Grocer X5 Plans Higher 2010 Capex
Brazil: Laep in Talks to Sell Dairy Plant to Nestle
SunOpta Announces Opening of Natural and Organic Sesame...
Products Comprising, and Uses of, Decarboxylated Phenolic...
Process for the Preparation of Packaged Heat-Preserved...


 


FLEXNEWS 2009 - All rights reserved
ISSN 1950-6228