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Headlines > Business

Irish Dairy Board expands China presence with Kerrygold UHT milk

The Irish Dairy Board (IDB) has expanded its presence in China with the launch of a long-life, whole milk product under its Chinese Kerrygold brand, Jin Kai Li.

Truss to visit China next month to boost pig exports

Environment secretary Liz Truss will be travelling to China in December with the aim of reducing barriers to UK pig exports to the world’s most populace nation as its demand...

Liqui-Box relocates China factory to be closer to its customers

Liqui-Box has closed down its factory in Shenzhen, north of Hong Kong (under its former DuPont ownership) and relocated to a plant in Taizhou, on the eastern coast of China's...

News in brief

Kerry and Fonterra join EU sports nutrition group

Dairy ingredient giants Kerry and Fonterra have joined the European Specialist Sports Nutrition Alliance (ESSNA) bringing its total membership to 47.

News in brief

Fancy writing about the European food and nutrition industry? 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...

Australia

Mondelēz opens Victoria R&D lab as Coca-Cola Amatil sheds jobs nearby

Food, beverage and confectionery giant Mondelēz has opened an Asia-Pacific research and development centre that claims to be the biggest of its kind in Australia.

Aspen reveals China infant formula ambitions following NZNM investment

South African pharmaceutical giant Aspen has set its sights on China after agreeing to acquire a 50% stake in infant formula manufacturer, New Zealand New Milk (NZNM).

Mondelēz eyes premium Asian exports with largest R&D center in Australia

Mondelēz International has officially opened its Asia-Pacific Chocolate and Confectionery Center of Excellence in Australia, creating a base for the largest food R&D team in the country, according to local...

Growth in China, stagnation in US means Usana is now 'essentially an Asian company,' analyst says

Usana Health Sciences recorded a sales decline in the United States in its Q3 2014 earnings statement that was more than offset by rapid growth in China. The numbers have...

Danone to acquire 25% stake in Chinese infant formula firm Yashili

French dairy Danone has agreed to acquire a 25% stake in Chinese infant formula firm Yashili International for HK$4.389bn (US$565m, €450m).

News in brief

Lipa Pharmaceuticals to distribute Qualitas' Almega PL in Australia and New Zealand

Qualitas Health has finalised an exclusive distribution agreement with Lipa Pharmaceuticals for its Almega PL omega-3 ingredient for sale to the dietary supplement industry in Australia and New Zealand.  

Lewis Road Creamery ups chocolate milk production 4000% after 'unprecedented demand'

New Zealand dairy Lewis Road Creamery has increased production of a recently launched chocolate milk product from 1,000 litres a week to 40,000 in less than a month following "unprecedented demand."...

Financials

Nutrition profits jump 23% in mixed DuPont Q3 results

DuPont is reaping the benefit of its €5bn 2011 acquisition of Danish probiotics and enzymes giant Danisco, with its nutrition and health division showing 23% profit growth in a “sluggish” world market....

Japan

Nestle commissions empathic robot to sell its coffee machines in Japan

Nestlé Japan will soon begin using a humanoid robot to sell Nescafé machines as the company devises new ways to appeal to customers in the brand’s biggest market.  

Bunge commits to deforestation-free palm oil

Agribusiness giant Bunge is the latest multinational company to commit to deforestation-free palm oil supply – going beyond the requirements for RSPO membership.

India

BK to finally enter the Indian market after months of speculation

Burger King will open its first stores in India in the next couple of months, with New Delhi, NCR and Mumbai each on the waiting list for restaurants.

Gulfood Manufacturing 2014

Modular factory systems gaining momentum in Pakistan and India

United Food Technology (UFT), in Germany is launching its modular factory system FiaB (Factory-in-a-Box) at Gulfood Manufacturing in Dubai (November 9-11).

Australia

Australia's RFT to ‘go global’ with Gloria Jean’s purchase

Australia’s biggest multi-brand retail food franchiser, Retail Food Group (RFG), will become a “global franchising powerhouse” following its purchase of Gloria Jean’s Coffees at an initial cost of A$163.5m (US$144m)....

Shanghai company creates barrier material for MAP and skin packaging

Ming Yue Packaging has launched APET/EVOH high barrier composite soft sheets.

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.

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