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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.

China

GNT signs China distributor for anticipated Asian growth in colour

Food colouring major GNT has appointed AAFUD Group as its distributor for the Chinese market as as it looks to ramp up its presence in Asia-Pacific.

China

Acasti awarded Chinese krill patent as it eyes Far East expansion

Canadian biopharmaceutical krill oil research and development company Acasti Pharma, which is working on the commercialisation of new forms of omega-3 phospholipid therapies for the treatment and prevention of certain...

Japan poultry giant mulls technology transfer to boost Indian exports

Tokyo-based Mayekawa Manufacturing Co is in talks with officials of India’s Andhra Pradesh state government to bring Japanese technology to the state’s large poultry industry. N. Chandrababu Naidu, the chief...

Korea signs MOU with UAE for Halal, plans to double exports to $1.2bn

Korea has signed a memorandum of understanding with the UAE to develop its Halal food industry, with the aim of almost doubling its current US$680m Halal food exports to US$1.23bn...

Green tea packs a stronger punch in China with new Bacardi spirit

Bacardi claims to have made a “breakthrough” in spirit production technology with a new liquor named TANG, that is distilled entirely from green tea leaves.

UAE dairy Al Ain claims world's first with camel milk powder and ice cream

Al Ain Dairy, the largest dairy processor in the United Arab Emirates (UAE), has launched what it claims are the world's first camel milk ice cream and milk powder products available on...

Kloeckner Pentaplast, Starlinger and P&G join PET association

Petcore Europe challenges Indian Government on proposed ban of PET packaging

Klöckner Pentaplast, Starlinger and Procter & Gamble have joined Brussels-based association Petcore Europe, representing the PET industry in Europe.

News in brief

Dupont opens application centre in Delhi

DuPont’s has opened a multi-million dollar food application centre in a Delhi satellite city to go alongside an existing blending facility in neighbouring Haryana.

New Zealand

Fonterra moving Asia focus to organic dairy

Good news continues to churn out of New Zealand dairy major Fonterra. This time, the world’s biggest dairy co-operative revealed it plans to expand its organic products as a sustainable...

Infant formula tested over tampering fears 'negative for 1080': NZ Police

Samples of infant formula feared to have been tampered with have tested negative for pest control poison, sodium monofluoroacetate (1080), says New Zealand Police.

News in brief

Diageo takes bottle storage to its Sydney plant

Having invested A$21.5m (US$16.4m) in a warehouse at its bottling facility in Sydney’s western suburbs, Diageo Australia now has capacity to store 22m bottles of Bundaberg Rum, one of its...

Police probing 1080 threat test NZ infant formula after tampering reports

Police investigating a threat to contaminate New Zealand infant formula with sodium monofluoroacetate (1080) are testing tins after a number of consumers complained of pinpricks in packaging lids.

China

Bright Food eyes new segments as it does due diligence on European buy

Bright Food, China’s second-biggest food company and one of the country’s most predatory companies in terms for its thirst for acquisitions, will move its focus from dairy, cereals and snacks...

Fonterra acquires 18.8% stake in Chinese infant formula partner Beingmate

Fonterra has acquired an 18.8% stake in its Chinese infant formula partner Beingmate for around US$550m.

Lights, camera, action! a2 Milk outlines its US game plan at Expo West

Digestive issues after drinking milk are often attributed to milk protein allergy (which can be severe) or intolerance to lactose (milk sugars). But what if both of these have been...

News in brief

Ishida to hold world exclusive preview of leak testing system

Ishida Europe will hold a world exclusive preview of its leak testing system for trays at a series of demonstrations at its UK HQ from April 14-30.

Mars plans $160m plant in ‘high priority’ Indian market

Mars will construct its first confectionery factory in India, producing Snickers and Galaxy.

Ferrero plans first factory in ‘strategic’ Chinese market

Ferrero plans to manufacture in China to heap further pressure on chocolate market leader Mars.

China increases scrutiny of New Zealand infant formula imports over 1080 threat

China has implemented stricter import measures on infant formula from New Zealand in the wake of a threat to contaminate products with sodium monofluoroacetate (1080).

NZ dairies threatened with infant formula 1080 poison contamination

Police in New Zealand are investigating a threat to contaminate infant formula with sodium monofluoroacetate (1080) in an "apparent protest" over its use as a pest control poison.

Fastest flow wrap machine in the East? LoeschPack touts hot seal speed merchant for Asia

LoeschPack has introduced a horizontal flow wrap machine with hot seal capabilities that it claims will help confectioners protect product integrity in hot climates and pack at greater speeds than...

Australia

State awards grant for Australian seaweed harvesting facility

The South Australian government has awarded a A$360,000 grant to the Gather Great Ocean Group to help establish a South Australian seaweed harvesting site at Beachport and a processing plant...

Singapore to grow GCC exports with free trade agreement

A newly-implemented free trade agreement between the GCC and Singapore will boost their US$291m food trade, according to Singapore’s international trade body.

Singapore

Fuji to develop oils for Asia in new Singapore research hub

Edible oil manufacturer Fuji will use its first research centre outside of Japan to focus on products formulated for the Asian market, the company said at its ceremony in Singapore. ...

Taiwan

Cypress ties up with Connell Brothers for Taiwan distribution

Connell Brothers, Asia-Pacific’s biggest ingredients distributor, has announced that it will exclusively represent Taiwanese nutrition company Cypress Systems in its home market.