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Business

The latest news in the world of business, mergers and acquisitions, partnerships, and companies financial results are a mine of information on successful business strategies in the Asia Pacific region.

Fonterra pulls 'misleading' Australian Tamar Valley yoghurt TV ad

Fonterra has pulled an Australian TV ad for Tamar Valley yoghurt deemed "misleading" in the wake of a Hepatitis A outbreak linked to berries.

Aussie dairy Murray Goulburn proposes AU$500m initial public offering

Australian dairy cooperative Murray Goulburn has revealed plans for an initial public offering (IPO) of a unit trust it hopes will raise AU$500m.

First shipment of Australian SADA Fresh milk arrives in China

SADA Fresh, the milk brand created by the South Australian Dairy Farmers Association (SADA), is set to debut in China.

Chocolate heavyweights back Indonesian sustainable cocoa program

Mondelēz, Mars, Nestlé and Barry Callebaut and Cargill are backing a three-year sustainable cocoa program in Indonesia, which aims to reduce poverty and greenhouse gas emissions.

Patties testing claims berries were not the source of hep A infections

The Australian food manufacturer whose frozen berries were reportedly at the centre of a hepatitis A outbreak in March has claimed its products were negative for the virus after it...

News in brief

Kagome snaps up Tasty Bite in bit to return to US

Japanese food processor Kagome will acquire Tasty Bite, the ready-to-eat Asian meals manufacturer for an undisclosed sum. 

Further Asian infant formula recovery drives Danone Q1 sales boost

Further recovery of Danone's infant formula business in Asia drove a 4.8% like-for-like increase in Q1 group sales, the French dairy announced today.

General Mills nears goal of 100% sustainably sourced palm oil

Through partnerships with small farmers, non-governmental organizations and other industry stakeholders, General Mills reports it is making progress towards its goal of sustainably sourcing 100% of its top 10 ingredients by 2020.

Ajinomoto denies Splenda buyout rumours

Ajinomoto has denied claims published in the UK’s Telegraph newspaper that it was eyeing Tate & Lyle’s Splenda sucralose business.

News in brief

Cargill’s drones to begin testing in Indonesian oil palm plantations

Cargill is on track to make its goal of completely sustainable palm oil supply by 2020, the company has said in its second palm oil progress update, summing up the...

Australia

Government’s energy white paper meets with food industry approval

The Australian Food and Grocery Council has welcomed the release of the government’s energy white paper, which emphasises the length to which Australia still must go in improving the competitiveness...

Rice Bran Technologies' protein will compete with clean source, 'made in USA' message, CEO says

Rice Bran Technologies (RIBT) is close to market with a new rice protein offering that will benefit from a ‘made in USA’ clean sourcing message.  The protein’s debut awaited modifications...

India

Herbalife joins GHSI and DSM in bid to improve Indian child nutrition

Herbalife will partner with the Global Health Strategies Institute (GHSI) for one year on a mission to improve the nutrition of thousands of children in India alongside ingredients and nutrition...

News in brief

IMCD seal deal for Indian supplier Kushalchand Sons

Ingredients distribution firm IMCD has acquired ingredient supplier Kushalchand Sons.

“Bamboo Water can reach the amazing eco and health conscious movement on our planet”

Not just for pandas: Could Bamboo Water be the next ‘superdrink’?

Bamboo Water could harness the neglected nutritional properties of bamboo leaves to create a drink that is both healthy and ecologically sustainable, says the co-founder of Bamboo Beverages. 

IOI Loders Croklaan, Kerry form infant nutrition lipid JV

Fats and oils specialist IOI Loders Croklaan is partnering with Irish dairy player Kerry group in a 50-50 joint venture to develop its infant formula-focused lipid, Betapol.

Turning Japanese: Tomra to target food processors in Japan with sensor-based sorting and peeling tech

Tomra Sorting Food is stepping up its focus on Japan by launching a Japanese-language website.

China

Wacker opens PVAc production plant in Nanjing

German chemical major Wacker Chemie has opened Asia’s biggest food-grade polyvinyl acetate (PVAc) production plant for solid resins at its Nanjing site in Jiangsu province. 

Indonesia

Barentz acquires Indonesian distributor Astabumi

Netherlands-headquartered Barentz has acquired PT Astabumi Ciptadaya, a leading food and nutrition ingredients distributor in Indonesia after receiving a capital injection to accelerate expansion. 

News in brief

IOI Loders Croklaan-Kerry JV to manufacture lipids in Malaysia

A joint-venture between IOI Loders Croklaan, a Dutch oils major, and Ireland’s Kerry Group will manufacture nutrition lipids at a factory in Malaysia for the global market. 

Fonterra 'scanning the market' for new European whey sources

New Zealand dairy giant Fonterra is "scanning the market" for new whey sourcing partnerships in Europe.

FrieslandCampina, Huishan Dairy establish Chinese infant formula JV

Friesland Huishan Dairy - FrieslandCampina's newly established Chinese infant formula joint venture - will introduce a new brand in China "in the near future."

Beverage Bites: news up to April 2, 2015

Coca-Cola Life hits Australia, Suntory’s cool ice cubes, and more beverage bites

This week Molson Coors acquired an Indian brewer, while Heineken announced a global reshuffle of its business. Meanwhile, there’s a new Life down under… read on for more nuggets of...

Not just for hippies: Hemp's rising superfood status

Bursting with nutrients and boasting an impressive growth rate, the future of hemp seed is bright– but what’s the best way for manufacturers to cash in on a product that...

Indonesia

New Java plant shows first fruits from $500m Indonesian investment

The Coca-Cola Company’s chief executive has branded Indonesia “one of the most dynamic countries in the world”, as he opened Coca-Cola Amatil Indonesia’s Cikekodan plant in Bekasi, West Java....