Silver Fern Farms plant closure puts 370 jobs at risk
New Zealand processor Silver Fern Farms has announced plans to close its Fairton sheepmeat processing plant putting 370 jobs at risk.
Archives for May 16, 2017
US beef imports cleared by China after 14 years
The US and China have reached a trade deal that includes beef and poultry.
Brands advised to change Ramadan messaging to reflect new behaviours
As the Gulf gears up for Ramadan, food companies would do well to tweak their social campaigns to reflect behavioural changes and growing demand for healthier and more nutritious foods.
Miraka expands with Malaysia deal
Miraka, New Zealand’s first Maori-owned milk company, has signed an MOU with Malaysian company Storiiu, a food distribution business, to supply their flagship consumer food, Whai Ora.
Last year’s bumper food M&A activity set to continue in 2017
Merger activity in the UAE’s food and beverage segment, which surged by US$3bn in 2016, is expected to remain strong this year, albeit after a slow start.
Nestlé’s Gulf business looking up as Dubai’s third plant opens
Business in the Gulf will bounce back after years of poor performance in the wake of collapsed oil prices, the world’s biggest food group’s regional chief has predicted while opened a third plant in Dubai.
Green tea consumption can lower rice-induced diabetes risk in women: Japanese study
New research from Japan has shown that drinking green tea can reduce the risk of diabetes caused by rice consumption among women.
Nestlé inaugurates Nescafé and Maggi factory in Dubai
Nestlé Middle East has inaugurated its Al-Maha factory in Dubai South; its 18th factory in the region.
China's infant formula trends: Sales boom predicted with organic and premium brands leading the charge
China’s infant milk formula market is poised to boom in the next five years as a result of the new “two-child” policy, and tighter rules issued by regulators, analysts said today.
Dubai hydroponics investor launches global food security fund
Dubai’s Pegasus Agriculture Group, which owns various hydroponic farming facilities in the Middle East and North Africa, has established a futures fund to focus on food security.
China’s decline-hit mutton market shows signs of recovery
After a price collapse three years ago led to bankruptcy and protest, China’s mutton market is now starting to stabilise, according to an independent analyst.
Fonterra reopens Malaysian milk powder plant
Fonterra has reopened its milk powder manufacturing plant in Malaysia following a NZ$7m (US$4.8m) investment to boost manufacturing efficiencies and ensure it continues to meet health and safety, and food safety and quality standards.