News & Analysis on Food & Beverage Development & Technology
New Zealand’s Taura Natural Ingredients plans to launch a new range of concentrated fruit pieces for bakery and foodservice operators in Asia. The products will fit in the premium category and will be specific to the niche.
Growth market
Eager to move forward with supplying the fast-growing Asian market, food technology major FMC has broken ground on its major new microcrystalline cellulose (MCC) manufacturing facility in Rayong, Thailand, through which FMC expects to increase its global...
According to a dispatch to parliament, in just under three years since foreign direct investment (FDI) was opened up for the food processing industry, investors have pumped almost Rs6,200 crore (US$1.15bn) into the segment.
Done deals
Warrnambool Cheese and Butter Factory (WCB) and Kraft Foods Australia have announced the start of a long-term partnership under which Kraft will produce specially formulated cream cheese under WCB's Sungold brand.
Supermarket wars
Some say it was sneaky, others say it was shrewd, but whatever the motivation, the latest stunt by Coles against its super-rival Woolworths has set the cat among the pigeons in the battle for Australian supermarket supremacy.