News

Keventer raises $25m to fund expansion

India

Keventer raises $25m to fund expansion

By RJ Whitehead

Kolkata-based dairy, fruit and grocery major Keventer Agro has raised US$25m in capital from Indian private equity firm Mandala Capital to fund its expansion in agro-food processing in eastern India. 

Synergy Flavours continues Thailand expansion

Synergy Flavours continues Thailand expansion

By RJ Whitehead

Having doubled the size of its Bangkok operation after the opening of a dedicated technical and manufacturing facility in Thailand in 2013, Synergy Flavours will now embark on further expansion of its site there. 

China rushes to research its newest staple

China direct

China rushes to research its newest staple

By RJ Whitehead

An institute co-founded by research agencies and potato processors in China and Kazakhstan has been established in the Xinjiang Uygur Autonomous Region to study China’s newest staple. 

Murray Goulburn struggling to find suitor for buyout

Australia

Murray Goulburn struggling to find suitor for buyout

By RJ Whitehead

Troubled Australian dairy co-operative Murray Goulburn has called for an end to media speculation over a potential buyout—even calling into question the likelihood of a takeover itself. 

PM dashes renewed calls for sugar tax

Australia

PM dashes renewed calls for sugar tax

By RJ Whitehead

Australian consumers already pay enough taxes at the supermarket and should not be forced to pay an extra 20% for sweetened drinks, the prime minister has said.

China invests heavily in Dubai food hub

China invests heavily in Dubai food hub

By RJ Whitehead

Dubai Food Park will feature a Chinese food processing cluster following a pledge to invest AED1.35bn (US$367m) by Ningxia Forward Fund Management Company.

Qatar food inflation recovers despite Saudi-led sanctions

Qatar food inflation recovers despite Saudi-led sanctions

By RJ Whitehead

Qatar's government might have succeeded in reducing the impact of economic sanctions placed on it by other Arab countries after official figures reported that food price inflation had eased during August.

IFF opens refitted Cairo flavours facility

IFF opens refitted Cairo flavours facility

By RJ Whitehead

A Cairo flavours facility has come back online a year after International Flavours and Fragrances shuttered it for renovation and expansion work to be carried out. 

India gets agri-business and food-tech startup accelerator

South Asia radius

India gets agri-business and food-tech startup accelerator

By RJ Whitehead

Billionaire serial investor Taizo Son will bring an early-stage food incubator to India, where it will back startups that focus on farm-to-fork processes—a segment he believes the country has yet to fulfil.

Huhtamaki acquires IP’s Chinese paper business

China

Huhtamaki acquires IP’s Chinese paper business

By RJ Whitehead

Memphis-headquartered International Paper (IP) has announced the completion of the sale of its foodservice business in China to Huhtamaki Group for an estimated EUR15m (US$18m).

Palsgaard opens Shanghai emulsifiers application centre

China

Palsgaard opens Shanghai emulsifiers application centre

By RJ Whitehead

Global emulsifier manufacturer Palsgaard has opened an application centre in China, where its bakery scientists will help customers test and develop new recipes for cake mixes based on the company’s Emulpals and Palsgaard SA ranges.

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