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

Headlines > Business

Nestlé appoints new CEO

Food giant Nestlé has appointed Ulf Mark Schneider as its new CEO, effective from the start of next year.

Lindt launches 'shop-in-shop' concept in Hong Kong

Passengers at the Hong Kong International Airport (HKIA) are now able to pick and mix their favorite Lindor chocolate for the first time, thanks to the recent partnership between Lindt...

Brexit Exclusive

Brexit: what it means for food and drink manufacturers

As food and drink manufacturers study the impact of British voters’ historic decision to quit the EU, we explore how the vote may impact on the sector’s prosperity, based on...

GUEST ARTICLE: Eat your art out… intellectual property protection for food

Properly applied, intellectual property law is flexible enough to protect creative food designs from substantial copying, but with built-in limitations that safeguard against stifling collaboration in the food industry, says Foley...

Perrigo unloads US supplements business to contract manufacturer

Perrigo has unloaded its US supplements business, with International Vitamin Corporation stepping up as buyer. The deal was seen by one observer as another step in the concentration of US-based...

News in brief

Fonterra’s NZ$8m upgrade for lactose

An NZ$8m ($5.6m) upgrade is under way at Fonterra’s Edgecumbe site to capture lactose that previously could not be extracted from the site’s waste stream.

Australian cattle killed with sledgehammer in Vietnamese abattoir

‘Abhorrent’ footage aired in Australia shows what is believed to be cattle unlawfully exported to Vietnam being bludgeoned to death with a sledgehammer.

India to bolster pork industry

Senior Punjabi government officials have visited UK pork factories to develop production methods, with India braced for a surge in meat demand.

KKR buys stake in Indonesian poultry major

Singapore-based agri-food company, Japfa, which focuses on supplying protein staples to emerging Asian markets, has announced the purchase by a global investment firm of over 10% of its interest in...

Thailand

JJ-Muntons joint-venture inaugurates Chonburi plant

JJ-Muntons has opened a new 3,000 square-metre manufacturing facility in Thailand, which features one of the world’s biggest vacuum driers.

Singapore

C&C ties up third Asia-Pacific distribution deal in two months

C&C Group has announced yet another new distribution partnership to distribute more of its portfolio brands in Asia with the signing of an agreement with InterBev in Singapore, a subsidiary...

Doctor's Best sold to Chinese company, extending trend in industry

The Doctor’s Best brand of supplements has been sold to a major Chinese ingredient manufacturer, which is part of a trend in the industry, one observer said.

Tip Top dips into China ice cream market

Will Hokey Pokey be a hit in Hangzhou? New Zealand dairy cooperative Fonterra is hoping so, as it tries out its Tip Top ice cream in the Chinese market through...

Valleyfresh puts down KSA roots

Australian produce distributor Valleyfresh has announced it will open an office in Saudi Arabia in a bid to expand its operations and strengthen its relationships in the Middle East.

Polish push new apple types to UAE market

Polish apple producers shut out of the Russian market are turning to the UAE, but now face challenges from long-held consumer expectations, according to the head of the Polish Fruit...

UAE firms buy Power Horse stake

Two UAE-based investment firms have bought a significant stake in Austrian energy drink producer Power Horse, and plan to expand the business’s reach beyond its Middle Eastern stronghold. 

New Asean headquarters ‘critical’ for DuPont’s nutrition business

DuPont is the latest multinational food player to expand its presence in Singapore with the opening of new full-service regional headquarters there, once again demonstrating the city-state’s growing importance in...

China direct

Bright Dairy must rebuild reputation after three incidents in May

Having been singled out three times in May alone by China’s food inspectors, Bright Dairy risks significant harm to its corporate image as consumers continue to doubt the safety and...

The Craft Beer Clan of Scotland

‘Our quest: To share the finest Scottish craft beer:’ Brewers eye up potential of exporting to Asia

Scotch whisky’s revered reputation is providing an opening for a new wave of Scottish beverages in Asia: craft beer.

Yakult’s probiotic fermented milk drink reaching new heights

Yakult was founded in Japan in the 1930s, and the probiotic fermented milk drink has been expanding around the world ever since.

Chaat takes Indian street food to US dairy aisle

The street food of India, called chaat, has inspired a newly-launched US brand of healthy dairy products aimed at afternoon snacks.

Australia

Fsanz awards Ingredion’s Hi-Maize digestive health claim approval

Ingredion has obtained a general-level digestive health claim from the A for its Hi-Maize resistant starch stating that the ingredient “helps to maintain/support a healthy digestive system when consumed as...

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...

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