Heinz’s proposed acquisition of Rafferty’s Garden looks to have been crushed after the Australian Competition and Consumer Commission vowed to oppose the move.
Ruchi Soya, one of India's biggest food companies has entered into a joint-venture with J-Oil, Japan's leading edible oil business, and Toyota Tsusho Corporation, the global trading firm. The aim of the partnership is to develop and manufacture...
Naturex hosted 500 of its employees and guests the weekend just passed as it inaugurated a €12m expansion of its Avignon HQ in southern France. We caught up with CEO Thierry Lambert who said further expansion at its other global sites was very much on...
A Norwegian start-up says its patent pending compression technology has allowed it to commercialise omega-3 powder that can be formulated in hard tablets rather than capsules.
Woolworths has broken an apparent ceasefire in Australia’s so-called supermarket wars by launching a fresh salvo at bitter rival Coles in the form of discounts of up to 33%.
The chairman of Taiwanese food and drink major Want-Want has topped the Forbes Taiwan rich list for the second year running on the back of a booming snacks business in China.
Export expansion has boosted Manjushree Technopack's full year figures, as the Bangalore-based plastic packaging manufacturer adds to capacity with two newly built factories.
Sales of gluten-free bread and cereal in New Zealand are surging, but consumers are increasingly demanding egg and dairy free options too, according to grocery distributor Foodstuffs.
Australia’s dairy companies have failed to invest in technology and do not try hard enough to profit from international trade, Murray Goulburn’s chief executive, Gary Helou, has warned.
Nestlé has opened a new extension to its research and development centre in Singapore that it says will allow greater focus on the Asia-Pacific region—its fastest-growing market.
Nestlé India has quashed rumours that it will withdraw from its first dairy unit in the country by committing to a Rs250 crore (US$45m) expansion to the Moga plant in Punjab.
Biova, the water soluble egg membrane supplier, has finalised an agreement with Maypro Industries to be its preferred distributor of its ingredient portfolio in Japan and Taiwan.
From Nike’s Bill Bowerman being inspired by a waffle iron, to studying the behavior of herding cows for the redevelopment of Times Square, cross-pollination of ideas from different fields can generate big rewards.
INDUSTRY VOICES: GUEST ARTICLE, HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG
Danish multinational brewer Carlsberg, which once held a solid market share in the Southwestern Chinese province of Yunnan, is facing tough competition from new entrants and existing competitors desiring a share of the region's booming beer market.
Singapore-based Petra Foods has reported first quarter profit gains in its branded consumer division driven by rising chocolate consumption in markets such as Indonesia and the Philippines and improved margins by introducing more premium products.
Chinese-controlled New Zealand dairy processing company Synlait Milk is considering a public listing of its shares on the NZX New Zealand main-board stock exchange.
Two of flamboyant Indian drinks tycoon Vijay Mallya’s businesses have been issued show-cause-cum-demand notices by the Directorate General of Central Excise Intelligence for allegedly evading service tax of Rs91 crore (US$16.7m)
Heineken has signed a JV to produce and sell Heineken beers in Burma (Myanmar), and plans to build a $60m brewery there, following Carlsberg, Coke and Pepsi into the country.
Coca-Cola Amatil (CCA) MD Terry Davis has responded to an attack from the CEO of retail giant Coles, who claims that Coca-Cola costs Australian consumers too much at a 60% price premium over Asia.
Carlsberg CEO Jorgen Buhl Rasmussen says the firm is currently less concerned with building Asian margins than securing growth in a key region, particularly in markets such as China and India.
Recent shocks in Australian food processing have been reflected in the latest Australian Industry Group report on manufacturing performance, which covers the month of April.
That Unilever wants to extend its stake in its emerging markets subsidiary should not come as a surprise, and neither should be the fact the company is happy to part with a huge sum of cash to do so.
Is Old Monk old hat? Judging by figures released this month by Impact Databank, it seems the once omnipotent Indian rum brand is well on its way to oblivion—or ripe for a buy-out.
BASF and Malaysian partner Petronas Chemicals Group will invest MYR1.4bn (US$500m) in an integrated aroma ingredients project in Kuantan to serve the Asia-Pacific flavour and fragrance industry.
ADM will put forward a third, higher bid of A$3.4bn ($3.5bn) for Australian bulk grains specialist GrainCorp after a full financial review of the company.
Last week, we published a story revealing that India’s food consumption will double by 2030—a scary thought. But it’s all right, we are assured by the Confederation of Indian Industries that production is destined to increase to meet the demand as long...
China Modern Dairy has played down rumours of a takeover by “a third party” – assumed to be Mengniu – but has confirmed that talks are ongoing with the unnamed company in regards to the “possible disposal of certain assets.”
AN agreement between Hindustan Coca-Cola Beverages and the Uttarakhand government to set up a Rs600cr (US$110m) manufacturing plant in Dehradun’s Vikas Nagar Tehsil has drawn the rage of local environmental groups.
New Jersey-based Pharmachem Laboratories has signed Pacific Resources of Sydney as its exclusive distributor for StarchLite for the food and beverage markets across Australia and New Zealand.
Probiotic leader Chr Hansen is targeting dairy players with an L. Lactis probiotic strain it says produces vitamin K at significant enough levels to utilise approved health claims.
As the distraught head of an iconic family-owned brand looked up to reporters, saying he had no idea why Spring Gully had seen a sudden 60% collapse in sales, many other industry bosses must have shared his feelings of incredulousness.
Premium chocolatier Lindt & Sprüngli has reached a deal with market expansion services group DKSH to strengthen its position in the Singapore where demand for premium chocolate is rising.
Just as Woolworths announced in Australia this week that its third-quarter revenue had risen 2.5% largely due to increased sales of milk, its arch rival, Coles, revealed it had signed new contracts with two dairy farmer co-operatives.
Buoyed no doubt by new premier Xi Jinping’s seemingly positive approach to the presence of international businesses in China, Anheuser-Busch InBev has indicated it plans to make further inroads in the country.
A great deal has changed in Japanese society since Nestlé opened the doors to its Far East division for the first time 100 years ago. And as the company moves into its second century, Japan now faces a raft of issue brought about by a chronically ageing...
Mondelez International’s Cadbury India has introduced a two-week promotion on Toblerone in most modern retailers in a bid to grow the premium chocolate category.
Wilmar and RiceBran Technologies have announced a series of licencing tie-ins to develop rice bran and its derivatives in China. The venture will seek to develop the human food ingredient and animal nutrition markets in the country.
An agreement between Nestlé and a local government in China’s Yunnan Province will accelerate the development of the coffee industry in the country, the F&B company has predicted.
Wal-Mart has announced plans to invest RMB500m (US$79.8m) to upgrade its Chinese stores. The statement comes in a bid to play down local media reports that the company’s growth plans were being hit by a spate of store closures.
Should it be given the go-ahead, a new trial in New South Wales’ Manning Valley will see a supermarket dealing directly with dairy farmers for the first time ever in Australia.
Chinese dairy giant Mengniu has reported a drop in both revenue and profits for 2012 – a result it has attributed to continuing consumer concern about the quality and safety of domestically-manufactured dairy products.