Goodman Fielder has said that it is reviewing its operations in both Australia and New Zealand, and would consider putting some of its non-core businesses up for sale, even as it closes some plants.
Canadian krill oil supplier, Neptune, has teamed up with a local fishing company in a bid to tap into China’s fast growing and emerging omega-3 supplements market.
Leading cocoa manufacturer Barry Callebaut and exporter, P.T. Comextra Majora have teamed up on a new processing facility to satisfy the growing demand for cocoa products in the Asia Pacific region.
Bagrry’s India is looking to grab its bowl of the fast growing Indian breakfast cereal market on the back of new product innovations and a rapidly growing demand.
The top watchdogs in the food and advertising sectors respectively have decided to join hands to regulate the advertising of food and beverages in India, starting with issuing new guidelines to food companies.
Activist groups in New Zealand have said that if the Trans-Pacific Partnership Agreement (TPPA) is signed, the country would compromise its reputation for food safety and export-quality produce.
Bunge Agribusiness Singapore Pte has announced that it will join hands with an Indonesia palm plantation company, the first time Bunge has invested in the palm oil industry.
Unperturbed by all the criticism and flak it has received from food manufacturers, Australian supermarket chain Woolworths has said that private labels are at the centre of its expansion plans.
A gas leak on New Zealand’s upper North Island forced the closure of many food factories in the affected area, stifling production and increasing concerns for the country’s economy.
New Zealand’s first processed food innovation centre opened yesterday, marking the launch of a wider government plan to fulfil a gap in food research, development and manufacturing.
Six years after it abandoned them, PepsiCo has announced the relaunch of its flavoured colas in the Mumbai market, with an inclination to expand the launch to the rest of India has well.
Hoping to cash in on the increased demand for pork in China, meat and food processor Zhongpin announced this month that it has started trial production of prepared products in a new facility.
Walmart China’s CEO and the VP of human resources have resigned amid the investigations into the ten of its stores that allegedly mislabelled regular pork as organic.
Global spice and flavour giant McCormick has signed a joint venture contract with India’s leading basmati rice production company Kohinoor Foods, forming a new company in India.
Coca-Cola Amatil (CCA) has opened two new blowfill lines costing AUS $35m at its Australian bottling facility in Adelaide, in a move that it said would significantly reduce its use of PET resin and energy.
GLG Life Tech Corporation (GLG) claims it has made a ‘strong impact’ on the ready-to-drink (RTD) tea market in China, despite serious production issues in the third quarter of 2011 and warmer weather that hit consumer demand.
A new sheep industry initiative will see the New Zealand lamb industry step into the premium meat markets worldwide much on the lines of Japan’s famous Wagyu beef.
A new aspartame distribution deal will benefit the UK and Irish food and drink sector through security of supply, claims leading player Atlantic Chemicals Trading (ACT).
Galactofructose specialist Solvay has inked a deal with 20-year-old Indian company, Lactose India, to take the Belgian firm’s digestive health ingredient into the Indian market for the first time.
PepsiCo has entered into a partnership with China’s Ministry of Agriculture in an initiative aimed at helping farmers deploy more advanced irrigation and crop techniques to increase yield.
A new Malaysian initiative will set up a new food product network that will take locally made food products to overseas markets, according to Malaysia’s Federal Land Development Authority (FELDA).
FieldFresh Foods, which sells the Del Monte brand of packaged food and juices in India, is planning to expand beyond the urban areas in India, it recently reported.
The New Zealand-based dairy giant Fonterra has announced a recall of its cheese products that are being sold in the Australian market, it said in a statement issued this week.
Improved performance within Fonterra’s ingredients businesses worldwide has seen the firm announce a record turnover of NZ $19.9bn (€11.6bn) in 2010/11.
New Zealand-based Synlait Milk has expanded its production capacity and scope in an attempt to make a major dent in to China's US$5bn infant formula market.
Dutch food safety company Micreos looks poised to gain approval for its Listeria-fighting bacteriophage processing aid in Australasia after safety authorities there said they had no concerns about the product.
Nutrastar is to develop its organic and speciality foods business in an 18 month expansion plan with annual production capacity set to increase to more than 6.5m kg of organic produce.
A German fund is buying up acres of New Zealand farm land meant for dairying, saying that its is extremely bullish on that sector in the country, thanks to the spiking demand from developing economies.
Rumours have abounded this past week that buyout fund Pacific Equity Partners (PEP) is looking to sell New Zealand-based Griffin's Foods, a maker of biscuits, snacks, and confectionery products for the Australasian market.
Vidhi Dyestuffs Mfg. Ltd (VDML) is looking to nearly triple production capacity for synthetic food colours as it struggles to keep up with rapidly increasing demands, the company said.
Alfa Laval announced it has secured a SEK 100m (€11m) contract to supply equipment to an Indian baby food company as demand for processed products continues to grow.
India-based Tata Global Beverages (TGBL), which was formerly known as Tata Tea, is considering entering the nourishing food segment as part of its plan to become an overall health and wellness company.
PepsiCo has agreed to sell its majority 41.5 per cent stake in Thai soft drinks and bottling firm Serm Suk (SSC), after ThaiBev (THBEV) announced plans to acquire the latter for $548m last week.
As Vitafoods Asia closes its doors on a successful three-day debut edition in Hong Kong today, event director Chris Lee shares impressions of the show with Shane Starling, and ponders refinements to the event in 2012.
Alliance Tuna International Inc. has entered into a joint venture with New Zealand’s Prime Foods Ltd and has a new subsidiary in General Santos City to import and process salmon.
The Australian Takeovers Panel has rejected SABMiller’s claim that Foster’s published “misleading and deceptive” information in its financial results last week.
Archers Daniels Midland (ADM) is tapping into a growing edible oil demand in India through its acquisition of two oilseed processing facilities in India, the company said.
Starbucks Coffee Company has announced an expansion plan throughout Asia to sell its Starbucks VIA Ready Brew, an instant coffee packet allowing consumers to make their own Starbucks coffee.
External pressure on its bakery division has seen food giant Goodman Fielder's earnings slip in the last year, the Australasian company said in its annual financial results.
