News & Analysis on Food & Beverage Development & Technology
This week Down Under
A supermarket giant is preparing to fight Australia’s consumer watchdog after being accused of acting “unconscionably” in negotiations with its grocery suppliers.
Egypt’s Qalaa Holdings has sold a mothballed cheese company and the Sudanese division of its sweets producer in deals totalling almost US$10m, the group announced this month.
Feature
Global demand for an ancient superfood backed by Oprah Winfrey and Jamie Oliver is being met by a single company in South Australia.
Egypt has made a U-turn on importing poultry after a backlash from domestic producers, as the government says cuts to the wheat production subsidy will not reduce production.
New data analysis has found that cattle methane emissions in Australia are 24% lower than had been previously estimated—equivalent to 12.6m tonnes of carbon dioxide a year.
Starlinger has won a US$5m contract to provide bag-making machinery to Salalah Mills’ new packaging project, as the miller aims to become Oman’s largest packaging producer.
Saudi Arabia will see US$8bn in new aquaculture investment according to the Ministry of Agriculture, while Kuwait’s fish market troubles continue as shrimp prices rise.
Brazilian food producers have closed more than US$9m in new export deals to the Middle East in the last two months, as Brazil’s trade body plans to exhibit at more Arab trade shows.
The chief executive of Lipa Pharmaceuticals has been named president of the Australian complementary industry’s representative body.
Toyo Ink Group is to acquire 75% of shares of DYO Printing Inks in Turkey to expand its inks and coatings in the packaging market, including materials for food packages.
Iranian consumers are eager for foreign food products, but international firms need to have a long-term mentality to succeed in Iran, according to food trade promotion firm PSDC.
Kazakhstan’s LLP Aktepa Company has opened a major meat processing plant in the Aktobe region in the west of the country. The new facility is certified to halal standards and will process 7,200 tonnes of beef annually.
A Queensland start-up is testing the market for a non-dairy, low-kilojoule probiotic in selected stores in Brisbane and the Gold Coast.