Nestlé and Coke ice Indian tea JV
After being put on the backburner in October last year, it appears that the joint venture between Nestlé and Coca-Cola for the ready-to-drink (RTD) tea segment in India has been put permanently on ice.
Archives for January 9, 2012
Swiss flavour house builds Southeast Asian presence
Swiss flavour and fragrance giant, Firmenich, will be able to better serve Southeast Asia’s market as it will be closer to clients and consumers with its new flavour production facility in Indonesia, according to the company.
Mengniu fall out will not indefinitely benefit Nestlé or Danone
China’s latest milk contamination scandal involving local player Mengniu will cause consumers to switch to other brands in the short-term, but not necessarily to Nestlé or Danone, says an analyst.
New Zealand can triple exports over next 15 years: Report
New Zealand’s food and beverage sector does have the growth potential to reach government targets of tripling exports over the next 15 years, with opportunities in processed foods and beverages, according to report.
Indian biscuit maker takes aim at soy market
Maker of the Priya and Priya Gold brands of biscuits, Kolkata-based Priya Food Products is set to enter India’s packaged soy food products market.
Shark fin sales halted after provocative supplier comment: Singapore
Shark fins will cease to be sold in Singapore’s largest supermarket chain following an inflammatory online comment by one of its suppliers.