Business

NZX granted US dairy derivatives trading approval

NZX granted US dairy derivatives trading approval

By Mark ASTLEY

The New Zealand Stock Exchange (NZX) has taken "another vital step" towards becoming a global player in the dairy industry by securing status as an authorised dairy trader in the US.

Coke India bottler fights site wrecking order

Coke India bottler fights site wrecking order

By Ben BOUCKLEY

Coke subsidiary Hindustan Coca-Cola Beverages (HCCB) has filed a petition before a district magistrate challenging a government order demanding the destruction of a site in Northern India.

O-I expansion

US bottle maker ramps up Indonesia investment

Owens-Illinois, the world's largest glass container manufacturer, will increase investment in its Jakarta plant, having already increased its production line speed and capacity to support Southeast Asian growth.

DSM: A “confluence of completely unrelated events” has affected its 2013 results

DSM profits rise in 2013 despite sluggish nutrition performance

By Shane STARLING

Multiple issues in the omega-3 sector, a ‘saturated’ US food supplements market, a widespread consumer move to private label plus a strengthening euro have all impacted Dutch-Swiss ingredient giant DSM’s nutrition division in 2013, but it still delivered...

Bega’s share shed paves the way for Saputo takeover of Warrnambool

Bega’s share shed paves the way for Saputo takeover of Warrnambool

By RJ Whitehead

The announcement today by Australia’s Bega Cheese to sell its stock in Warrnambool leaves the way clear for Lion to follow suit, while Canadian dairy company Saputo should now be free to take over the New South Wales cheese and butter business.

Weight Watchers to launch cake mixes and soups in India

Weight Watchers to launch cake mixes and soups in India

By Ankush Chibber

India’s rapidly growing obesity numbers have finally attracted the Weight Watchers brand of food products, which will be launched in India soon, an official with company’s Indian partner confirmed. 

Kellogg breaks ground on Malaysian halal manufacturing facility

Kellogg breaks ground on Malaysian halal manufacturing facility

By RJ Whitehead

US cereal major Kellogg is building a new, RM425m (US$130m) halal snacks manufacturing facility in Malaysia, having chosen the Southeast Asian nation site as part of a recently announced four-year efficiency and effectiveness programme. 

Asia dominates world beer label demand

Asia dominates world beer label demand

By Ben BOUCKLEY

Asia dominates the world market for beer labels but the market is still dominated by old-style wet glue applied labels, but pressure-sensitive labels continue to make inroads in North America.

Danone to sue Fonterra over WPC botulism recalls

Danone to sue Fonterra over WPC botulism recalls

By Mark ASTLEY

Danone has terminated its existing supply contract with Fonterra and plans to sue the dairy exporter over the whey protein concentrate (WPC) Clostridium botulinum contamination scare that led to product recalls across Asia, Australasia and the Middle...

Mumbai docks, where UK food manufacturers' products have been held

India’s new law could cost the UK millions

By Rod Addy

UK food and drink manufacturers could lose millions of pounds as exports to India languish at Mumbai docks after authorities blocked shipments following sudden regulatory changes.

Amul Dairy to market milk in US: reports

Amul Dairy to market milk in US: reports

By Mark ASTLEY

Gujarat Cooperative Milk Marketing Federation, the Indian manufacturer of Amul brand milk and dairy products, plans to market liquid milk in the US within a year, according to reports.

Goodman Fielder sells biscuit business to Green’s Foods

Goodman Fielder sells biscuit business to Green’s Foods

By Ankush Chibber

Australian food major Goodman Fielder has announced that it has sold its biscuits business to Green’s Food Holdings, a move in line with its strategy over the last two years to streamline its product portfolio.

Hershey said the deal would bring new distribution channels for its products

Hershey to acquire iconic Chinese confectionery firm

By Caroline SCOTT-THOMAS

Hershey Netherlands B.V. has signed an agreement to acquire an 80% stake in Chinese confectionery and snack firm Shanghai Golden Monkey Food Company (SGM) - and the remaining 20% in 2015.

Thermo Fisher Scientific and Life Tech deal cleared

Aus and NZ clear Thermo Fisher takeover of Life Tech

By Joseph James Whitworth

Thermo Fisher Scientific's US$13.6bn takeover of Life Technologies has been cleared by the Australian and New Zealand competition commissions after the firm agreed to sell part of its business.

Takeover Panel steps in to bring order to Warrnambool mess

Takeover Panel steps in to bring order to Warrnambool mess

By RJ Whitehead

Australia’s Takeover Panel has called the revisions made to the fraught takeover deal by Saputo of Warrnambool Cheese and Butter “confusing” and “disrupting” as it attempted to simplify the heated three-way bidding war for the Australian dairy manufacturer.

Follow us

Products

View more

Webinars