Stevia supplier GLG Lifetech is working with China’s largest food company - state-owned COFCO (China National Cereals, Oils, and Foodstuffs Corporation) - on three major healthy food and beverage formulation projects.
Special K’s pop-up shop in Australia where social media posts are used instead of cash will give Kellogg crucial face-to-face contact with consumers for fact-finding and brand building, says a marketing expert.
British supermarket chain Tesco and state-run China Resources Enterprise have quashed growing media speculation with the announcement of exclusive talks between the two majors to combine their Chinese retail operations and form what will become the biggest...
Manjushree Technopack, which works with Coca Cola, Pepsi and Bisleri Indian bottled water, has announced its FY14 Q1 results as it plans to build a second factory in Bangalore.
Fonterra has challenged the accuracy of Sri Lankan tests for agricultural chemical, dicyandiamide (DCD), after it was ordered to pull two batches of apparently contaminated milk powder from shelves in the country.
Tesco has announced plans to combine its Chinese retail operations with consumer goods company China Resources Enterprise (CRE) in a bid to form the leading multi-format retailer in China.
Cadbury’s Indian arm has revealed plans to build the biggest chocolate plant in the Asia-Pacific region. The Indian plant, in Andhra Pradesh, will come at an investment of more than Rs1,000cr (US$163m).
Organic growth and a healthy boost from last year’s €500m Fortitech investment lifted Q2 pre-tax profits 19% to €345m at Dutch ingredients and chemicals giant, Royal DSM.
Rexam CEO Graham Chipchase insists the packaging firm will take a stronger position in an under-penetrated Indian market to service surprise demand for specialty cans.
Paramount Aromachem India will move to a new facility near Delhi where it plans to produce half of the global demand for synthetic spearmint flavor L-carvone which is used in chewing gum.
The distributor of Chicza, an organic biodegradable chewing gum made from tree sap, is hoping to capitalize on the growing popularity of organic and sustainable products in Australia and is urging consumers to stop chewing gum made from synthetic polymers.
Nestlé will introduce its premium-portioned capsule tea maker, Special.T, to consumers outside Europe for the first time when the brand goes on sale in Japan later this year.
As a new head of operations works out how best to guide GlaxoSmithKline’s China operation through a bribery scandal that has hit the world's headlines, industry watchers have have said the company is just the tip of the iceberg in a pharmaceutical...
A French market leader for over 40 years, Candia has now moved into China to establish its own distribution network, which includes the opening of its first store, in Zhejiang province, to the south of Shanghai.
Cadbury India has made wholesale changes to its senior management in a move parent company Mondelez International says is not linked to ongoing tax evasion investigations.
Usana Health Sciences has achieved another quarter of record financial results based largely on strong sales within China. In an earnings call with analysts discussing the company’s second quarter 2013 financial results, Paul A. Jones, Usana’s CFO, said...
The starch-based food scare that hit the headlines around Southeast Asia last month, is continuing to impact on Taiwan’s food industry, with both chain retailers and individual vendors still suffering from the aftermath.
India is providing fertile ground for private equity and venture capital firms, judging by the high level of interest they have shown towards agri-business companies, which currently amounts to spending of US$126m over the first six months of 2013.
Suntory Australia is taking a ‘new strategic direction’ by focusing on its premium spirits and liqueurs brands and exiting a distribution deal with C&C Group for Magners cider, as the brand's sales suffer down under.
The head of SAB Miller’s JV in China says the firm should be gunning for a 30%+ beer market share as it seeks to consolidate its position as market leader, but major takeover targets are scarce.
Through the complex acquisition of a majority stake through China’s Jiangsu Howbetter Food Co., Tate & Lyle can now boast a platform to boost its food systems business in the country.
German candy maker Haribo has entered the Burmese market and expanded its distribution in Singapore through a deal with expansion services provider DKSH.
FrieslandCampina has acquired a 7.5% stake in New Zealand-based infant formula manufacturer Synlait Milk through an initial public offering (IPO) of shares by the company.
Asian agri giant and Kellogg’s joint venture partner Wilmar International has defended its palm oil operations and insisted it remains undaunted by the challenge of ensuring a sustainable supply chain.
ASR Group-owned Tate & Lyle Sugars is considering legal action against The Guardian newspaper over a story published this week accusing the sugar giant of working with a Cambodian supplier that employed child labour among other human right abuses.
In the midst of an investigation into the pricing practices employed by it and other infant formula manufacturers in China, Biostime has admitted that the terms of its agreements with distributors “may” have broken anti-trust laws.
Nestlé says its newly opened $238m soluble coffee factory in Vietnam will meet growing demand in the region, and will allow it to better adapt products to local preferences.
Nestlé Malaysia has broken ground on a new plant on the outskirts of Kuala Lumpur that it expects will double its local ready-to-drink production capacity by the time it opens in May next year.
Dumex – Danone’s infant nutrition business in Asia – has announced plans to reduce the price of its infant formula products in China by up to 20% in response to an investigation into its and other manufacturers’ pricing practices in the country.
Australian food and grocery suppliers saw their profitability drop by 28% between 2010 and 2012, according to a report from he Australian Food and Grocery Council.
Gruppo Campari tells BeverageDaily.com that Australia is an historical heartland for spirit-based RTDs as it targets Asia Pacific growth by buying its first dedicated production facilities in the country.
Private equity investor India Value Fund Advisors has revealed it will invest US$40m to finance the next phase of growth of a domestic food ingredients company – the latest in a line of QSR suppliers to catch the eye of buyout firms.
Following record opening prices for this year’s Australian dairy season, Devondale has piled on the good news by announcing the construction of a major new milk processing facility in Sydney’s western suburbs worth A$60m.
Fonterra has announced plans to plough NZ$27m ($21m) into the development of a new dry store distribution centre at its Te Rapa processing facility in the Waikato region of New Zealand.
Amid headlines of foreign takeovers and the strong Aussie dollar sending companies into insolvency, there is some good news now for a well-loved company that has finally battled through administration into profitability.
GlaxoSmithKline’s (GSK’s) brands Lucozade and Ribena are tempting targets for Far Eastern trade players such as Suntory Holdings that wish to establish a bridgehead in the UK, says an M&A expert.
GrainCorp’s board of directors has recommended that its shareholders accept the A$3.4bn (US$3.16bn) takeover bid from Archer Daniel Midland in the absence of a superior offer.
CP Kelco and Jungbunzlauer welcome the determination
Imports of xanthan gum from China have been hit with anti-dumping duties following an investigation by the US International Trade Commission (USITC) and the US Department of Commerce.
New Zealand-based infant formula manufacturer, Synlait Milk, has launched an initial public offering (IPO) of shares in the hope to raising around NZ$120m (US$93m) to fund a series of "growth initiatives."
Japan will not lift its ban on US Western White wheat imports until the American government provides detailed information on the extent of unauthorized genetically modified wheat found in Oregon, a government official says.
Last month, Arla Foods Ingredients launched its new Nutrilac Natural Improvers range together in both Europe and China. The idea was to provide natural and functional proteins derived from milk to enhance the bakery process while still being able to list...
With the bunting barely cleared away following Coca-Cola’s triumphal march on Rangoon earlier this month, the company’s local partner has already indicated more celebrations are on the horizon.
Mondelez International has announced that it has begun expanding an Oreo and Chips Ahoy! biscuit plant based in the second largest market for both brands - China.
Last month, Synergy, the Irish-owned flavours and ingredients company, opened a new manufacturing facility in Thailand, making it the latest in a long line of Western companies tapping the country as a major outpost.
