All news articles for 2016

Mezzan buys majority stake in Saudi’s Al Safi for $24m

Mezzan buys majority stake in Saudi’s Al Safi for $24m

By RJ Whitehead

One of the Gulf’s biggest food and beverage companies has completed the acquisition of 70% of Al Safi Food, effectively granting it a local platform to manufacture and distribute food and beverage products in the Kingdom. 

Americana saga ends after Alabbar’s Adeptio pulls out

Americana saga ends after Alabbar’s Adeptio pulls out

By RJ Whitehead

The on-again-off-again sale of a majority stake in Kuwait Food Co, otherwise known as Americana, to a Gulf-based consortium has been scrapped by the Al Kharafi family, bringing to an end months of negotiations over a deal worth billions of dollars.

UAE sends food worth $4bn to landfills each year

UAE sends food worth $4bn to landfills each year

By RJ Whitehead

Homes and restaurants in the UAE toss out food worth an estimated AED14.7bn (US$4bn) each year, according to the Emirates Environmental Group. The waste is then dumped in the country’s landfills where capacity is shrinking.

Saikexing will be expanding its Chinese operations thanks to a $125m ADB loan.

Saikexing secures $125m to expand in China

By Jim Cornall

China’s number four dairy farming firm Saikexing has secured a $125m loan to reduce environmental pollution, improve food safety, and expand the supply of milk within China.

Indian officials hope the new pork factory will be able to process 400,000 pigs per year

India: Punjab planning 'state-of-the-art' pork facility

By Oscar Rousseau

The government of India’s semi-autonomous Punjab region is planning to build the country’s most advanced pig-processing facility as India’s consumption of pork and reliance on meat imports both continue to rise.

Yonekyu has added four new factory lines to up with rising pork demand in Japan

Japan’s Yonekyu welcomes Sealpac’s packaging

By Oscar Rousseau

Yonekyu Corporation, one of Japan’s leading processed meat companies, has applauded the impact of Sealpac’s thermoformers on its production lines, claiming the equipment is “extremely strong”.

Mintel's Yogmaya Chatterjee

India’s food trends: What’s hot and what's not

By Gary Scattergood

Indian consumers are increasingly aware that all fats are not bad, are demanding more products that offer “complete wellness” and are becoming increasingly opening to exploring alternative proteins and natural sugars.

America is clawing back its share of Japan's beef market as Australia loses ground

US beef growing in Japan

By Oscar Rousseau

US beef exporters continue to gain market share as they battle with Australia for dominance in Japan, despite the favourable tariffs enjoyed by Australia’s producers, according to trade data.

Animal welfare should not be given undue focus, suggested Dawson Bradford

Animal welfare is under the spotlight in Australia

By Oscar Rousseau

Australian meat companies could lose out in Asian markets if they focus too much on animal welfare, Dawson Bradford, president of the West Australian Pork Producers’ Association (WAPPA) has warned. 

Wellard is the biggest livestock shipping business in Australia

Wellard expects profits, despite ‘complex’ position

By Oscar Rousseau

Australia’s largest livestock shipping business, Wellard, expects its full-year profits to be in line with company estimates, despite a double ship breakdown which cost the business AU$7.7 million in repair fees alone.

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