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Headlines > Business

Half of Australia can’t even pronounce hipster’s favourite super-food

Only half of Australians have tried quinoa despite its trendy status, and as many are unaware of how to pronounce it.

Ongoing US lawsuit may add wrinkles to proposed Syngenta, ChemChina sale

An ongoing lawsuit regarding GM corn may add some challenges to the potential sale of Syngenta to ChemChina, says expert.

Bundaberg Brew CEO talks about making it big stateside from Down Under

An iconic beverage in its homeland Australia, Bundaberg Brew became a little hidden gem when it came stateside. With a new deal with Safeway and Albertsons, the company wants to...

Fonterra’s new cheese slice line expansion officially opens

Fonterra has officially opened its new slice-on-slice cheese expansion at Eltham, New Zealand, with the plant now able to produce enough cheese to fill more than 3bn burgers each year.

South Asia radius

HUL spins off foods and refreshments division into separate businesses

India’s biggest consumer goods company has split its foods and refreshments businesses into two separate divisions in a bid to stave off rising competition from domestic rivals.

Fun of the pear: Aussie invention will ‘transform avocado industry’

An Australian company claims to have developed technology that will “revolutionise” the global avocado market by preventing the pears from browning.

Nestlé brings global brands to video in Alibaba anniversary tie-up

Nestlé and Alibaba Group have launched an e-commerce and marketing campaign to bring the Swiss corporation’s brands from overseas markets to China as its celebrates 150 years in nutrition. 

Barry Callebaut ramps up Indonesia cocoa sustainability program

Barry Callebaut is expanding its sustainability program in Indonesia and has announced plans to train 50,000 farmers in good agricultural practice by 2020.

China’s Maling enters beef industry

Huge profits and game-changing scale predicted for a Shanghai pork firm seeking to enter the beef industry through a 50% stake in one of New Zealand’s biggest meat processors. 

Australia

Patties receives takeover bid from PE firm

Pattie’s Foods has received a A$230m bid from private equity firm Pacific Equity Partners to take over the Australian packaged food major.

Pakistan launches its biggest halal plant

Pakistan’s largest conglomerate, the Fauji Group, has launched the country’s biggest halal abattoir, meat processing and exporting unit near Port Qasim, Karachi.

Soapbox

Edible insects: Let’s look at what’s on the menu

In these early days of edible insects going global, it is still unclear which products will stand out and make their way to the mainstream. The ideas popping out of...

News in brief

PerkinElmer expands presence in Taiwan

PerkinElmer has officially opened its Taipei Customer Knowledge Center (CKC) in Neihu District, Taipei City.

C&C continues beer expansion in China with Tennent’s distribution deal

C&C Group has signed its fourth strategic partnership in recent months with a new distribution agreement with Vandergeeten to distribute its Tennent’s portfolio in China. 

Nuscience in Asian poultry deal as rebound seen in India’s chicken and egg prices

Feed ingredient supplier, Nuscience, is eying up chicken producers in Nepal, Sri Lanka and India through a new distribution tie-up and says growth has returned to India’s poultry sector. ...

PFP mulls Malaysia for new seafood processing plant

PFP Group, a major Thai frozen-seafood processor, expects to open a halal food factory in Malaysia after it concludes negotiations with an unnamed local partner.

Feature

Solar project gives ray of hope to struggling Australian grape growers

A renewable energy project in Australia’s largest grape growing region is giving struggling vignerons a sunny alternative.

India

Ruchi fully divests in Kagome tomato joint-venture

Ruchi Soya Industries has sold its share of a joint-venture with Kagome Foods, a Japanese tomato products manufacturer, and investment firm Mitsui & Co.

DSM to expand hydrocolloids business in China

Ingredients supplier DSM is planning two major plant expansions in China to boost its gellan gum and pectin capacities. 

Australia

Lab-developed PERKii probiotic readies for sale after VC backing

A lactose-free probiotic fruit drink developed by scientists in Australia has managed to secure sufficient investment for it to be launched across the country's beverage market.

News in brief

Sydney fire: meat factory burns to the ground

A fire at a meat processing plant in Banksmeadow, Sydney, has been extinguished after burning for two days straight, causing thousands of dollars in damages.

China to pump $100m into Russian rabbit complex

JSC International Rabbit Company and China Nuclear Industry 23 Construction Co are to join forces to build Russia’s largest rabbit meat complex. 

Food Vision Asia 2016

Food Vision Asia to return to Singapore as an annual event

More than 160 senior industry figures from Asia-Pacific and beyond gathered at the Grand Hyatt in Singapore recently for the inaugural Food Vision Asia. 

Che bello! Australian Tuscans getting as good as the originals

A wine region over 15,000 kilometres from Tuscany is emerging as a primo producer of Italian varieties and styles, and has even matching the Italians at their own game.

GNT opens colours base for GCC market

Global colours major GNT Group has opened an affiliate office in Dubai to service GCC countries which, the company says, are “becoming aware of the need for real colour solutions”. ...

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