Australia
Queensland team closing in on caffeine-free coffee plant development
It will soon be possible to grow premium-quality caffeine-free coffee, tea and cocoa, according to research by the University of Queensland.
Archives for September 8, 2014
Shake-up at Meat and Livestock Australia, as industry grumbles about funding
Meat and Livestock Australia (MLA) will cut its budget by 10% of its operating costs and plans on revamping its research programme, amidst grumbles from the industry about its funding arrangements. Job losses amongst its 248 staff are anticipated.
Meiji seeks Taiwan reputation boost with infant formula production shift
Meiji infant formula sold in Taiwan will in future be exported from Japan as the company looks to capitalize on the "high quality" reputation held by Japanese goods.
Rimfrost going under the krill fishery sustainability knife (again)
Norway’s Olympic Seafood-owned krill phospholipid and omega-3 supplier Rimfrost is under assessment from the Marine Stewardship Council (MSC) - a €300,000 process it expects to complete by the “middle of next year”.
Fonterra issues 2014 profit warning citing dairy price drop
Fonterra expects its 2014 operating profit, impacted by falling global dairy prices, to come in at the "lower end" of its forecast.
Indonesia
India and China behind Asia’s growth in palm oil consumption
In spite of a recent downturn in prices, there is still cause for optimism for Indonesia’s palm oil producers as a result of growing consumption by China and India.
UAE set for torrent of new entrants as chocolate market excels
The United Arab Emirates chocolate market is one of the fastest growing chocolate markets across the globe as big players such as Mars and Nestlé up their investment and others eye entry, according to TechSci Research.