Business

Rushi, J-Oil and Toyota form edible oil super-corporation in India

M&As

Rushi, J-Oil and Toyota form edible oil super-corporation in India

By RJ Whitehead

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...

Norwegians debut 'compressed' omega-3 tablets

Norwegians debut 'compressed' omega-3 tablets

By Shane STARLING

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.

Nestlé quashes rumours of Punjab pull-out

Nestlé quashes rumours of Punjab pull-out

By RJ Whitehead

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.

Carlsberg faces Chinese challenge in booming Yunnan beer market

INDUSTRY VOICES: GUEST ARTICLE, HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG

Carlsberg faces Chinese challenge in booming Yunnan beer market

By 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.

Petra Foods' branded consumer division has been propelled by new premium introductions that give better profit margins

Petra Foods buoyed by ‘vibrant’ Asian consumption in Q1

By Oliver Nieburg

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.

Excise issues tax notices to two Mallya empire companies

Indian issues

Excise issues tax notices to two Mallya empire companies

By RJ Whitehead

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)

Old Monk’s vow of silence sees rum brand in freefall

Case study

Old Monk’s vow of silence sees rum brand in freefall

By RJ Whitehead

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.

Entrepreneurs must get backing to fix India’s crumbling supply chain

Opinion

Entrepreneurs must get backing to fix India’s crumbling supply chain

By RJ Whitehead

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...

Mengniu and China Modern Dairy cryptically deny takeover rumours

Mengniu and China Modern Dairy cryptically deny takeover rumours

By Mark ASTLEY

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.”

Coke’s Himalaya plant plans spark environmentalists' fury

Coke’s Himalaya plant plans spark environmentalists' fury

By RJ Whitehead

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.

Asian demand for baby food was a major driver of Danone's sales increase

Danone results get Asia baby food boost

By Caroline SCOTT-THOMAS

Danone reported sales growth in the first quarter of 2013 as demand for baby food in Asia boosted profits, despite continued weakness in Europe.

Supermarkets milking the limelight in latest dairy price war battle

Opinion

Supermarkets milking the limelight in latest dairy price war battle

By RJ Whitehead

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.

AB InBev indicates further China growth

AB InBev indicates further China growth

By RJ Whitehead

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.

Nestlé Japan 100 years on: wasabi KitKats and nutrition on wheels

Company update

Nestlé Japan 100 years on: wasabi KitKats and nutrition on wheels

By RJ Whitehead

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...

Wilmar secures IP rights to grow China’s rice bran production

Intellectual property

Wilmar secures IP rights to grow China’s rice bran production

By RJ Whitehead

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.

Wal-Mart to continue China investment despite feeling the pinch

Wal-Mart to continue China investment despite feeling the pinch

By RJ Whitehead

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.

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