Singapore's Olam buys into India's Hemarus
Olam International, a Singapore-based supplier of agri and food commodities, is acquiring India-based Hemarus Industries for US$73.8m.
Archives for September 11, 2011
China inspects moon cakes, finds 96 per cent safe
Food safety in China saw another big push with food inspectors combing down food units that are selling moon cakes, a food product that is in great demand during the mid-autumn festival.
PepsiCo agrees to sell stake in $548m Thai soft drinks firm
PepsiCo has agreed to sell its majority 41.5 per cent stake in Thai soft drinks and bottling firm Serm Suk (SSC), after ThaiBev (THBEV) announced plans to acquire the latter for $548m last week.
DSM releases new dahi culture range for India
DSM is extending its Delvo Fresh dairy culture line with the launch of a dahi culture range, developed to meet local consumer preferences in India, says the company.
Chinese company targets non-GM markets
A Chinese food company is betting on a new processing method for non-GM soybeans, to break into new markets in Asia and Europe.
Indian food losses open doors for cold chain consultancies
A lack of an appropriate cold chain infrastructure and increasing food losses in India has opened the doors for Ingersoll Rand India Ltd to begin offering cold chain consultancy services in the country, the company said last week.
Online shopping made smarter
Online shopping company yihaodian.com has launched a collection of virtual supermarkets for mobile users throughout Shanghai’s metro system, with researchers claiming the development could offer NPD potential for food and drink brand owners.