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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.

India

Sources: Amazon might enter India’s grocery market later this month

US online retail major Amazon could soon break into India’s packaged foods and beverages market to become the first international e-commerce site to enter this category.

Australia

Pipis on the MAP thanks to Asia’s demand for cockles

Innovations in packaging have allowed a newly formed Australian seafood company to expand their business to national and international markets.

Australia

Enzymotec opens up Down Under as lawyers drum up support for lawsuit

Global lipid supplier Enzymotec has established a Southern Hemisphere subsidiary, Enzymotec Australia with Claudette Cross at the helm of the country’s operations in Australia and New Zealand. 

Synalit Milk granted China infant formula export approval

New Zealand infant formula firm Synlait Milk has been granted approval to export products it manufactures to China.

Meiji fragranced milk a 'new type of milk': Datamonitor

Meiji’s fragranced milk range - developed for those that dislike the regular smell - has been heralded by market intelligence firm Datamonitor as a “new type of milk.”

News in brief

Barry Callebaut ponders India factory

Barry Callebaut is considering establishing manufacturing capacity in India.

China to overtake US as largest dairy market by 2017: Euromonitor

China will overtake the United States to become the world’s largest dairy market by 2017, Euromonitor has predicted.

Mead Johnson unveils $325m Singaporean production and R&D site

US infant formula giant Mead Johnson Nutrition has bolstered its presence in the lucrative Asian market with the opening of a Singaporean research and production site.

ACTEGA eyes up PVC-free demands from Asia

Asian awareness of PVC-free packaging is growing, according to ACTEGA DS, a company which produces coatings and sealants for the industry. 

'The grazing ruminant business is the most attractive one for us in Australia,' Alltech talks strategy after Lienert acquisition

Global animal nutrition group, Alltech, says it is intending to leverage the technical know-how and reach of recently acquired premix manufacturer Lienert, to develop the dairy and beef side of...

China

Chinese biscuit maker Jiashili in $48m IPO

China’s sixth largest biscuit firm Jiashili Group has successfully listed on Hong Kong stock exchange and aims to innovate to grow its market share.

India

Newcomer Rajhans (Desai-Jain) Group eyes leadership in Indian luxury chocolate market

Rajhans (Desai-Jain) Group has made its first foray into the confectionery industry by launching its Schmitten brand in India and it is hoping to become the domestic market leader in premium...

Aussie calls to form Fonterra-style dairy giant 'not soundly based'

Calls for Australia to "emulate" the formation of New Zealand dairy cooperative Fonterra by relaxing competition laws are "not soundly based," a panel charged with reviewing the legislation has claimed....

News in brief

Molkerei Ammerland completes first GlobalDairyTrade SWP auction

German dairy cooperative Molkerei Ammerland has completed its first sweet whey powder (SWP) auction on the Global Dairy Trade (GDT) platform.

New Zealand infant formula acquisitions 'key to restoring...trust': Nutricia ANZ

Nutricia Australia New Zealand’s (Nutricia ANZ) acquisition of Kiwi infant formula businesses the Sutton Group and Gardians is “key to restoring" consumer confidence lost as a result of the 2013 botulism scare....

News in brief

Pathway picked to represent FutureCeuticals in Australasia

FutureCeuticals, the American nutraceutical major whose products are manufactured from fruit, vegetables and grain, has chosen Pathway International to be its distribution partner in Australia and New Zealand.

South Korea

‘Straightforward’ claims process gives Korea advantage over neighbours

South Korea’s probiotic segment has been growing at around 30% over the last two years, and according to one international bioscience major, this lightning rate should continue for another year.

Coke's largest India bottler abandons $25m bottle line, campaigners claim 'colossal victory'

Coke’s largest Indian bottler has blamed officialdom for the 'inordinate delay' it said led it to abandon a newly built $25m bottling line in Uttar Pradesh, but insists it will...

India

Bisleri back in carbonated soft drinks after 22-year wait

Best known for its bottled water, Bisleri has made a return to the carbonated soft drinks market 22 years after it sold its Thums Up, Limca, Gold Spot and Mazza...

Open source: Blendhub offers ‘fingerprint’ library for nutrient blends

Spanish supplier Blendhub is taking the rare step of offering customers access to its new library of near infra-red (NIR) spectroscopy analyses from more than 300 raw materials.

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.

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.

Editorial

Industry gets creative to deal with China's supplement regulations

To understand a developing industry, especially one that is moving as fast as the Asian food industry, it is important to look for trends.

News in brief

AAK investing in new edible oils factory in eastern China

Edible oils major AAK will make a significant investment in China for a speciality and semi-speciality edible oils factory in Zhangjiagang, Jiangsu province. 

News in brief

Aker given regulatory approval for Superba krill oil in India

Aker BioMarine Antarctic has been given product approval for its Superba krill oil by the Indian regulators. 

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