Business

Fonterra MD global operations Rob Spurway, MP for Rangitata and Minister of Food Safety Jo Goodhew, New Zealand Minister of Science and Innovation Steven Joyce, and Clandeboye Operations Manager Steve McKnight, at the official opening of the new Fonterra Clandeboye mozzarella plant.

New Fonterra plants open

By Jim Cornall

Fonterra has officially opened four new plants in New Zealand across the South Island.

Palm oil major completes mapping of its entire supply chain

Palm oil major completes mapping of its entire supply chain

By RJ Whitehead

Having mapped the Indonesian palm oil supply chain for the last two years, the world’s second biggest oil palm plantation company, Golden Agri-Resources, says it can now trace its annual supply of more than 7m tonnes of palm oil back to 489 individual...

Bega's 1H results showed strong growth in spite of low milk prices and increased global production

Bega Cheese revenues up

By Jim Cornall

Bega Cheese has announced a normalized 9.9% increase in profit after tax, a revenue increase to $403.5m (A$561.4m) and an EBITDA of $23.6m (A$32.9m) in its 1H 2016 financial report for the half year ending December 27, 2015.

Pyreos and Bosch India are working together on technologies to benefit the growing Indian dairy industry

Pyreos to work with Bosch India on milk analysis

By Jim Cornall

Pyreos, the UK-based passive infra-red sensor developer, has announced its technical co-operation with Bosch India for the joint development of milk analysis technologies.

ACCC will not oppose Pact’s acquisition of Power Plastics

‘Pact will face competitive constraint from other manufacturers’

ACCC will not oppose Pact’s acquisition of Power Plastics

By Jenny Eagle

The Australian Competition and Consumer Commission (ACCC) will not oppose the proposed acquisition of Power Plastics by a subsidiary of Pact Group Holdings.

The acquisition may help Nichols Poultry expand its operation in mainland Australia

TasFood eyes Nichols Poultry acquisition

By Oscar Rousseau

Australian agrifood business TasFood Limited is planning a takeover of the family-owned, Tasmanian chicken producer Nichols Poultry. 

Nestlé is still feeling the impact of the Maggi noodles incident

Nestlé results show Maggi incident still hurts

By Laurence Gibbons

Nestlé’s still suffering from its Indian Maggi noodle recall and has lost touch with the Chinese consumer, hitting growth for the global food and drink manufacturer, according to market analysts.

Bakery veteran acquires stake in ‘diabetic bread’ biotech firm

Bakery veteran acquires stake in ‘diabetic bread’ biotech firm

By RJ Whitehead

Meiert Grootes, chairman of Europe’s biggest supplier of speciality baking products, has acquired a stake in a Malaysian-Australian biotech firm that earlier this year launched ingredients to produce the world’s first clean-label, low-GI “diabetic” white...

Chinese manufacturing wages have increased by almost 10% from 2013-14 and a government crackdown on environmental issues has also brought production costs up. © iStock.com / William_Potter

Exclusive interview with DSM president André Bos

Made in China: DSM talks vitamin C price pressures

By Annie Harrison-Dunn

Increasingly strict environmental rules and rising manufacturing wages in China coupled with declining prices is sending ripples across the vitamin and mineral industry. We ask the president of Dutch multinational DSM what this means for vitamin C at...

Shipping city of Primorsky Krai is seen as a promising area for investment

Russia creates pork hub to target China

By Vladislav Vorotnikov

Two Russian companies plan to create a pig breeding cluster in the far east of the country within the next five years, designed to have a capacity for 1.2 million head of pigs, with an investment of RUB72 billion (US$954m). 

Barentz forms Iran JV to tap Middle East market

Barentz forms Iran JV to tap Middle East market

By Eliot Beer

Dutch ingredients producer Barentz International has established a new joint distribution venture in Iran with Future Way Holding, to tap into the formerly-restricted market.

Coca-Cola suspends manufacturing in three Indian plants

Coca-Cola suspends manufacturing in three Indian plants

By RJ Whitehead

Coca-Cola India's bottling arm Hindustan Coca-Cola Beverages has confirmed it has suspended manufacturing at its Kaladera plant in Rajasthan, while media reports suggest other plants in Andhra Pradesh and Meghalaya have also stopped production.

Traders pound USANA's stock over slowdown in China sales

Traders pound USANA's stock over slowdown in China sales

By Hank Schultz

USANA Health Sciences reported $232.6 million in net sales in its fourth quarter, a 2.1% year-over-year increase. That amounted to $1.83 in earnings per share, but these figures disappointed analysts, and the company’s share price tumbled as a result.

The GCMS-QP2020 high-end single quadrupole gas chromatograph mass spectrometer

Shimadzu unveils high-end single quad GC/MS instrument

By Joseph James Whitworth

Shimadzu says its GCMS-QP2020 high-end single quadrupole gas chromatograph mass spectrometer will open up new capabilities for food labs without them having to invest in expansive sample preparation and method development.   

Bucha wants to bridge sweet fizzy beverage drinkers to kombucha

Bucha wants to bridge sweet fizzy beverage drinkers to kombucha

By Adi Menayang

Washington-based American Brewing Company started with beer and expanded its product line to include kombucha. Its brand, Bucha, has been credited as one of the fastest growing breakout brands in a report by The Hartman Group.

Yurun Food Group's HQ in Nanjing, China

China's slowdown hits second-biggest pork company

By Mark Godfrey

Yurun Food, China’s number-two pork player, continues to go through turbulent times, with some industry watchers forecasting a sell-off of company assets this year to get the firm back on track, after a massive investment in real estate has exposed the...

Murray Goulburn is to supply Coles with its private label cheeses.

Murray Goulburn nabs Coles cheese contract

By Jim Cornall

Murray Goulburn Co-operative Co. Limited has announced that it has entered into a five-year national private label contract to supply Coles brand Australian cheese.

Andrew 'Reidy' Reid speaks to an Australian cattle farmer about biodiversity

Australia’s #GoodMeat campaign returns

By Oscar Rousseau

Meat and Livestock Australia (MLA) has kick-started its popular #GoodMeat social media campaign to educate consumers on traceability, biodiversity, animal welfare and climate change.

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