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Business

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.

Thailand

Bowman enters Apac food coatings business through Thai joint-venture

UK-based food coatings specialist Bowman Ingredients has launched a new offshoot in Thailand with a joint-venture with an family-owned food coatings firm based near Bangkok. 

Malaysia

Evolva to open Apac centre to explore endangered agarwood production

Evolva Holding will collaborate with Universiti Malaysia Pahang to establish a scientific centre of excellence for natural products from Malaysia in Pahang state’s Flavour and Fragrance Cluster.

Dispatches from Vitafoods Europe 2014

Keeping it clean: 3 botanical chiefs pull adulteration weeds

Botanical adulteration, like doping in sports, is a problem that can be controlled but never totally resolved, but what is being done about it? Here the world’s biggest botanical players...

Southeast Asia

Unilever takes down ad banners showing extremist support in Burma

A year after opening its operation in Burma, consumer products giant Unilever is finding itself in hot water this week after advertising banners for the company’s products were found to...

News in brief

Nestle enters Nescafe JV with South Korea's Lotte Foods

Nestle has announced a JV with South Korea's Lotte Foods to make and distribute Nescafe coffees, powdered chocolate and other beverages in Korea.

One-third of Chinese infant formula production permits not renewed: SFDA

Production permits held by more than one third of China's infant formula manufacturers have not been renewed, following a six-month campaign to boost the standard of domestically-made products.

Inside... the Vietnam Milk Factory

What does 'mega' look like: Vietnam Milk Factory

Reading statistics about processing equipment at a milk ‘mega factory’ is one thing: to see it in action from the factory floor is quite another. 

Australia

Watchdog starts proceedings against alleged egg cartel attempt

The Australian Competition and Consumer Commission has begun proceedings in the Federal Court against the country’s representative body for the egg industry and two producers over an alleged attempt to...

Nestlé, Fonterra divide up Latam JV Dairy Partners Americas

Fonterra and Nestlé have "realigned" their decade-old Latin American joint venture, Dairy Partners Americas, to "better reflect" the strategic focus of each company....

Japan

Mizkan agrees deal to buy Unilever’s Ragu and Bertoli brands

Japan’s Mizkan Group has signed a deal with Conopco, the Unilever subsidiary, under which it will acquire the Ragu and Bertolli pasta sauce brands for JPY215bn (US$2.15bn).

R&R Ice Cream boasts 'unique presence' through Australian Peters deal

Europe's largest private label ice cream manufacturer R&R has acquired Australian rival Peters Food Group - a deal that gives it a "unique presence in the European and Australian markets."...

Bright Food to acquire controlling stake in Israeli dairy Tnuva

Chinese dairy giant Bright Food looks set continue its international expansion after agreeing to acquire a controlling stake in Israel’s largest dairy, Tnuva Foods.

News in brief

Devondale Murray Goulburn unveils AU$19m infant formula powder investment

Devondale Murray Goulburn, Australia’s largest dairy cooperative, hopes to meet increasing global demand for infant and follow-on formula with a AU$19m (US$17.5m, €12.9m) expansion of its Koroit plant....

Southeast Asia

Vietnamese flavours company takes on big boys in its own backyard

While the trend for major flavour players to decamp in Asia-Pacific continues to grow, one Vietnam-based company has said such companies are not doing enough for this vast new market.

Drambuie sale: Suntory ‘favourite’ to buy

Suntory would be the “favourite” to buy Scottish liqueur brand Drambuie, one analyst has claimed, as news emerged that owners the MacKinnon family were exploring a possible sale.

EFSA gives Monsanto the green light on SDA-rich GM soy

The European Food Safety Authority (EFSA) has delivered a positive scientific opinion on Monsanto’s MON 87769 soybean crop, which has been genetically modified to contain stearidonic acid.

Ball expands Coca-Cola Pinya line in Southeast Asia

Ball Corporation will build a one-line beverage can manufacturing plant in Myanmar for Coca-Cola Pinya drinks and several other regional and multi-national customers.

Inside... the vietnam milk factory

What can't machines do in an automated factory?

Automation allows workers to make better decisions, while improving a factory’s efficiency and offering greater levels of food protection, according to Tetra Pak.

News in brief

Astronomical shipping charges! Japanese sports drink eyes moon landing

Most beverage brands are probably content to work on their distribution on plain old planet Earth but a Japanese sports drinks brand is set to become the first commercial delivery...

Tiny Kiwi distiller takes on might of William Grant over trademark

New Zealand Whisky Collection, a small Kiwi distiller, is engaged in a trademark battle with giant Scottish distiller William Grant & Sons over the use of the same compound term,...

Olam invests $61m in first Asian cocoa plant

Agri-giant Olam International has announced plans to invest $61m in a new cocoa-processing plant in Indonesia, its first in the region.

DSM enters olive polyphenol market; hard launches high-dose algae omega-3

Swiss-based DSM Nutritional Products (DNP) has entered the olive-sourced hydroxytyrosol market that has been hot since the European Food Safety Authority (EFSA) issued a rare plant polyphenol health claim approval...

Dispatches from Vitafoods Europe 2014

Omega-3’s newest big fish reveals sector ambitions

Mid-last year the chief of Norwegian omega-3 player EPAX told us, “We are the last of the big omega-3 independents.” Soon after US agri-food company FMC had snapped it up for...

US ice cream firm voices 'disappointment' in China dairy export support

Ice cream manufacturer High Road has expressed its "utter disappointment" in a US system designed to help dairies in the country meet new Chinese export rules.

Australia

Bracing for a tough year, new Coca-Cola Amatil MD begins restructure

Acknowledging that growth will be tougher to achieve than it has in the past, Australasian bottler Coca-Cola Amatil’s new managing director has announced a shake up of the company under...

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