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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.
Chr Hansen targets dairy players with vitamin K-boosting probiotic
Probiotic leader Chr Hansen is targeting dairy players with an L. Lactis probiotic strain it says produces vitamin K at significant enough levels to utilise approved health claims.
Danone results get Asia baby food boost
Danone reported sales growth in the first quarter of 2013 as demand for baby food in Asia boosted profits, despite continued weakness in Europe.
Soapbox
Battle of Spring Gully should serve as a shot across Oz industry's bow
As the distraught head of an iconic family-owned brand looked up to reporters, saying he had no idea why Spring Gully had seen a sudden 60% collapse in sales, many...
Lindt to seize on Singapore’s premium chocolate cravings with DKSH deal
Premium chocolatier Lindt & Sprüngli has reached a deal with market expansion services group DKSH to strengthen its position in the Singapore where demand for premium chocolate is rising.
Opinion
Supermarkets milking the limelight in latest dairy price war battle
Just as Woolworths announced in Australia this week that its third-quarter revenue had risen 2.5% largely due to increased sales of milk, its arch rival, Coles, revealed it had signed...
Natra poised for ‘awakening’ Chinese chocolate consumption
Spanish chocolate and cocoa processor Natra has opened a sales office in Hong Kong in anticipation of a boom in Chinese chocolate consumption.
AB InBev indicates further China growth
Buoyed no doubt by new premier Xi Jinping’s seemingly positive approach to the presence of international businesses in China, Anheuser-Busch InBev has indicated it plans to make further inroads in...
News in brief
PepsiCo moves into football sponsorship
Hot on the heels of its sponsorship of the Indian Premier League cricket tournament, PepsiCo has now announced a one-year partnership with the Asian Football Development Project (AFDP).
Mocon establishes first certified package-testing lab in Australia
Mocon has partnered with an Australian firm to create a new certified package-testing laboratory.
Company update
Nestlé Japan 100 years on: wasabi KitKats and nutrition on wheels
A great deal has changed in Japanese society since Nestlé opened the doors to its Far East division for the first time 100 years ago. And as the company moves...
Cadbury India discounts Toblerone to grow premium category
Mondelez International’s Cadbury India has introduced a two-week promotion on Toblerone in most modern retailers in a bid to grow the premium chocolate category.
Intellectual property
Wilmar secures IP rights to grow China’s rice bran production
Wilmar and RiceBran Technologies have announced a series of licencing tie-ins to develop rice bran and its derivatives in China. The venture will seek to develop the human food ingredient...
Nestlé brewing hot cup of promise for Chinese coffee growers
An agreement between Nestlé and a local government in China’s Yunnan Province will accelerate the development of the coffee industry in the country, the F&B company has predicted....
Wal-Mart to continue China investment despite feeling the pinch
Wal-Mart has announced plans to invest RMB500m (US$79.8m) to upgrade its Chinese stores. The statement comes in a bid to play down local media reports that the company’s growth plans...
Supermarket wars
Woolworths waiting for approval to cut out the dairy middle man
Should it be given the go-ahead, a new trial in New South Wales’ Manning Valley will see a supermarket dealing directly with dairy farmers for the first time ever in...
Chinese dairy safety concerns 'adversely affected' 2012 results - Mengniu
Chinese dairy giant Mengniu has reported a drop in both revenue and profits for 2012 – a result it has attributed to continuing consumer concern about the quality and safety...
Inaugural Food Vision heralded as success by global food industry – organisers commit to return in 2014
Following a highly successful inaugural summit last week, organisers William Reed Business Media have confirmed that Food Vision will become an annual event, returning to Cannes, France, in March 2014.
Fonterra reports 'strong' H1 performance on back of Asia, Latam sales growth
Fonterra has reported an earnings before interest and tax (EBIT) increase of more than 25% for the first half of fiscal year (FY) 2013 – a result it has attributed...
Case study: Firmenich
An unconventional approach to capture the flavour of China
According to Pierre-Alain Ceralli, Firmenich’s vice-president for flavours in China, the country now represents 20% of the total flavour industry’s potential. Furthermore, as China transforms its economy from export-led GDP...
LycoRed expands China sales team as Changzhou operation beds in
With its China business approaching its first half-anniversary, global premix supplier LycoRed has been recruiting senior business development staff for its food and beverage fortification business in the country. ...
News in brief
Ingredion out to make a name at FIC
Global ingredients major Ingredion has launched its brand across the Asia-Pacific region with the company appearing at the Food Ingredients China 2013 show in Shanghai this week.
News in brief
Sunwin ships major EU stevia order
Chinese Stevia extract supplier Sunwin Stevia, has announced it has delivered 5,100kg of stevia to a single European customer. The orders called for delivery of several different grades of bulk...
Increased NZ-US dairy trade would be ‘damaging’ to US sector without reforms - farming coalition
Increasing Fonterra-dominated New Zealand’s access to the US dairy sector through on-going Trans-Pacific Partnership (TPP) Free Trade talks would be “damaging” to producers and processors in the country, a coalition of farmer...
Supermarket wars
Crafty Coles' property plan leaves Woolworths with egg on its face
Some say it was sneaky, others say it was shrewd, but whatever the motivation, the latest stunt by Coles against its super-rival Woolworths has set the cat among the pigeons...
News in brief
Taura to launch URC BakeFruit range in Asia
New Zealand’s Taura Natural Ingredients plans to launch a new range of concentrated fruit pieces for bakery and foodservice operators in Asia. The products will fit in the premium category...
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