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China direct

China’s Cofco shores up second European agribusiness deal this year

The overseas investment and management platform for the agribusinesses of Cofco, China’s biggest food company, will acquire the remaining 49% stake in Nidera Capital to assume full ownership.

Infant formula sales slump at Biostime but firm bullish over future growth

Sales at Chinese infant nutrition firm Biostime dropped by 14% in the first half of 2016 to RMB1.46bn (US$220m), with the Biostime brand – which accounts for 86% of the company’s sales – down 5.4% and the value brand Adimil down 65.7%.

Food body slams academics’ editorial on New Zealand’s obesity policy

The food industry has hit out at claims in a leading journal that New Zealand’s childhood obesity plan was flawed and that the government valued corporate profit over public good. 

AUD$9m project puts algae under the nutritional spotlight in New South Wales

An AUD$9m (US$6.9m) project to boost the potential for algae in the nutrition, supplement and bio-industry has been launched in New South Wales.

Bangladesh to tighten regulation on foreign poultry giants

Bangladesh is mulling controls over foreign investors in the country’s growing poultry industry after local rivals said they fear being swallowed by overseas companies.

Exporters to Jordan forced to cut all partially hydrogenated oils

Companies exporting dairy to Jordan will be forced to cut all partially hydrogenated oils or face a ban on business as the country becomes the latest to bar their use.

China probes Jiangxi-reared pigs after Hong Kong steroid detection

Investigations into the health of pigs exported from Jiangxi are underway after Chinese authorities blocked trade following a warning from Hong Kong’s Food and Environmental Hygiene Department (FEHD). 

Quality quest: China interested in ‘clean’ aspect of Australian feed barley

China is showing increased interest in Australian feed barley as buyers seek out clean, disease-free grains, according to an industry expert.

News in brief

Agilent helps launch carbohydrate analysis lab

The University of Adelaide and Agilent Technologies Australia Pty have partnered on the analysis of complex carbohydrates (‘glycans’).

Key Industry Events