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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

Nestlé opens dairy institute in northeast China

After making one of the biggest dairy investments in its history, Nestlé has opened the doors a dairy farming institute in northeast China, which it hopes will help modernise the...

News in brief

Morton Salt to expand into world's biggest market

The world’s biggest salt market will gain a new player after North America’s Morton Salt signed a joint-venture with local player China National Salt of Shanghai.

Australia

Australian regulator accuses Coles of malpractice in new legal action

The Australian Competition and Consumer Commission (ACCC) has initiated fresh legal proceedings against Coles over the supermarket giant’s alleged unsavory commercial practices with its suppliers.

Danone Q3 results 'buoyed' by Asian infant formula recovery

The continuing recovery of Danone’s infant formula business, impacted by the 2013 Fonterra whey protein concentrate (WPC) botulism scare, has “buoyed” the French dairy's Q3 results.

Australia

Cargill sues Viterra over alleged deception at Australian malt maker

Agribusiness major Cargill has filed a lawsuit against Vittera over alleged deceptive practices at Australia’s largest producer of barley malt, which it bought from the Canada-based grain handler last year....

Nestle backs beverage ‘belief’ in Vietnam with $36m Milo investment

Nestle has spent $36.6m expanding its Milo chocolate malt beverage factory in Vietnam and stressed its ‘firm belief in the potential of the country’ as nutritional drinks demand grows.

Sri Lanka lifts temporary ban on Fonterra milk powder sales

Sri Lanka has lifted a temporary ban on the sale of three batches of Fonterra milk powder after "no food safety or quality issue" was identified during tests....

News in brief

Can you keep the European food industry honest? We’re hiring!

Do you like breaking news in multiple formats? Are you comfortable interviewing a CEO or Greenpeace protestor, food scientist, politician or legal hound? Do you have a passion for the...

FrieslandCampina, Huishan Dairy form Chinese infant formula JV

FrieslandCampina and China Huishan Dairy have entered into a joint venture to produce and sell infant formula in China under one of the Dutch dairy's existing brands.

McDonald’s Japan revises finances following food safety scandal

McDonald’s Holdings Japan has revised its financial forecasts to take into account a damaging incident earlier this year, in which workers from supplier Shanghai Husi were filmed picking meat off...

Sri Lanka suspends sale of Fonterra milk powder batches over illnesses

Sri Lanka has suspended the sale of three batches of Fonterra-made Anchor milk powder after complaints of illness in children.

Fonterra pleads not guilty to buttermilk disposal and odor charges

Fonterra has pleaded not guilty to nine charges related to the 2013 disposal of, and odor caused by, more than 3m litres of buttermilk and contaminated milk.

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....

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