SUBSCRIBE

Breaking News on Food, Beverage & Supplement Development - Asia PacificEU edition | US edition

Headlines > Business

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.

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. 

Russian dairy Galactika and Indian coop Amul hold export talks: Reports

Indian cooperative Amul and Russian dairy Galactika have reportedly begun trade talks that if successful will see the export of Gujarati cheese and milk powder to Russia.  

Nestlé enters traditional trade channels in Singapore with DKSH

Nestlé has extended its partnership with expansion services firm DKSH to bring confectionery brands such as Kit Kat, Milo Confectionery and Uncle Toby’s to traditional trade channels in Singapore.

News in brief

Beingmate launches UHT milk with Enzymotec cognitive boost in China

Chinese infant formula manufacturer Beingmate has launched a phosphatidylserine (PS)-enriched UHT milk developed in cooperation with Enzymotec to support child brain health and development.

News in brief

Mérieux NutriSciences acquires Sino Analytica to boost China presence

Mérieux NutriSciences has reinforced its food safety footprint in China with an acquisition.

News in brief

United Biscuits invests $33m in India operation

UK-based United Biscuits will up its investment in India from £30m ($49m) to £50m ($82m).

News in brief

Tate & Lyle celebrates Winway deal with new Chinese polydextrose plant

Ingredients manufacturer Tate & Lyle has opened a polydextrose dietary fibre manufacturing facility in Nantong after having been granted regulatory approval for its acquisition of Winway Biotechnology Nantong.

NEWS SHORT

Indian government urges PepsiCo to cut soda sugar levels

The Indian government has urged PepsiCo boss Indra Nooyi to cut sugar levels in soft drinks further and launch more healthy and nutritious products.

Arla pours €38m into facility to meet whey demand

Dairy giant Arla's ingredients business is building a new whey processing facility for €38m to meet rising demand for the dairy fraction in infant, sports and clinical nutrition.

Weston Milling and AB Mauri merge in Australia

George Weston Foods’ Weston Milling will merge with AB Mauri Australia/New Zealand to form a large bakery ingredients business across the region.

Huhtamäki Oyj acquires Interpac Packaging for $9m

Huhtamäki Oyj has acquired folded carton packaging manufacturer, Interpac Packaging in Auckland, New Zealand.

Australian milk market share could increase 'north of 10%': a2 Milk Company

The a2 Milk Company believes its share of the Australian fresh milk market could increase “north of 10%” in the next 12 months.

Pernod Ricard hit by Chinese slump

Pernod Ricard says a slump in China, and unfavourable foreign exchange effect, is responsible for an overall 7% fall in sales, as it released its full year 2013/14 results today. 

Fonterra and Beingmate unveil China infant formula partnership

Fonterra is prepared to pay NZ$615m (US$514m, €390m) for a 20% stake in Chinese baby food manufacturer Beingmate in its latest attempt to expand its presence in China’s lucrative infant formula...

Key Industry Events