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Breaking News on Food & Beverage Development and Technology - Asia PacificEU edition | US edition

Headlines > Business

Olam flexes its ‘soft power’ through approach to certification

The world of produce certification has shifted considerably in recent years, with a raft of new sustainability marks entering the market and “raising the benchmark of what is happening on...

News in brief

Fuze Tea’s new Aussie campaign focuses on food moments

Coca-Cola South Pacific’s summer campaign for Fuze Tea will focus on matching the ice tea with food and social occasions in Australia.

China

Treasury Wine Estates awarded Ben Fu trademark after legal battle

Treasury Wine Estates has won a landmark legal dispute in Beijing over its right to use the Chinese transliteration as a brand name for its flagship Penfolds wine.

Government funding and nutritional composition leads to high functional food hopes for Malaysian red seaweed

Tropical red seaweed, G. changii, can become an important functional food ingredient and is a prime crop for large-scale commercial farming, according to new research from Malaysia.

This week Down Under

Cross-border sales boom through China’s Tmall Global

Cross-border online shopping by Chinese consumers has surged this year, with half a dozen Australian brands making particular headway after putting in a strong performance on Alibaba Group’s Tmall Global e-commerce...

Indian colours giant Roha continues expansion into Europe

Roha has acquired the Italian flavour manufacturing group Essential.

Nestlé Lanka starts work on new facility

Nestlé has laid the foundation stone of a new manufacturing facility at its factory in Pannala, Kurunegala, Sri Lanka.  

Nestlé to acquire Egyptian instant coffee company Caravan

Nestlé is to acquire Caravan Marketing Company SAE, the Egyptian instant coffee company behind the Bonjorno brand, eyeing up the ‘rapidly growing’ soluble coffee segment in the country. 

Sustainability group seeks to mobilise Asian shrimp industry

New protocols aim to reform shrimp aquaculture, address feed ingredient use, says consultant.

McDonald’s divests most of its Chinese operation

McDonald’s will sell 80% of its mainland China and Hong Kong businesses for US$1.7bn to a Chinese state-owned conglomerate and an American private equity firm.

Danone’s Aptamil launched in India as part of nutrition and revenue growth plans

Aptamil, one of Danone’s infant formula brands sold in 45 countries, has been launched in India, with the company saying it plans to produce local supply at the company’s Lalru,...

Poultry producer launches halal subsidiary

One of the world’s largest exporters of poultry BRF – which operates a factory in the UK – has launched a subsidiary to target the growing halal processed foods market...

News in brief

Chinese firm wins EU ‘supercritical’ astaxanthin approval

Chinese supplier BGG’s has won EU novel foods approval for two astaxanthin forms through its new European HQ in Lugano, Switzerland.

Christmas sparks boom in KFC sales in Japan

Japan's long-held tradition of celebrating Christmas with KFC has lifted poultry farmers after the industry culled half a million birds in November and December 2016 following a bird flu outbreak.

Chinese dairy group opens South Australia formula facility

The first stage of Blue Lake Dairy Group’s A$65m (US$48.8m) processing plant at Tantanoola in South Australia has been officially opened.

Mondelēz ramps up premium offer in India with Cadbury Dairy Milk Silk Oreo

Mondelēz has introduced Cadbury Dairy Milk Silk Oreo to the Indian market after enjoying success with choco-bakery brands in other markets.

Qatar-backed wealth fund joins BRF to buy Turkey’s poultry leader

An international consortium backed by a Gulf sovereign wealth fund has agreed to buy Turkey’s biggest poultry producer in a half-billion-dollar deal fuelled by a desire to expand into halal...

Shares down as Bellamy’s returns to trading

There have been changes at Australian formula makers Bellamy’s as CEO Laura McBain has stepped down and been immediately replaced with former COO Andrew Cohen taking over in a temporary...

Mondelēz settles Indian factory probe in the US for $13m

Cadbury owner Mondelēz International has agreed to pay $13m to settle action brought by US authorities accusing it of breaching foreign trade rules when upgrading a factory in India.

Singapore food conglomerate opens $70m production and logistics site: Video

Singapore food and drink holding company Commonwealth Capital has opened a new $70m production and logistics base in the City State.

Why cardiovascular health functional foods are primed to take-off across APAC: Euromonitor

Despite Asia Pacific being a region with high incidence of cardiovascular diseases (CVDs), sales of cardiovascular health positioned foods and beverages are not high, writes Maria Mascaraque from Euromonitor International.

Why cardiovascular health functional foods are primed to take-off across APAC: Euromonitor

Despite Asia Pacific being a region with high incidence of cardiovascular diseases (CVDs), sales of cardiovascular health positioned foods and beverages are not high, writes Maria Mascaraque from Euromonitor International.

Relief for PureCircle as Chinese stevia held at US border released

US Customs and Border Protection (CBP) has released shipments of refined stevia from PureCircle coming in from China that had been held at the border based on allegations that they...

Concern verges on panic in supplement industry over Trump's China trade stance

President elect Donald Trump campaigned on a program of redressing what he characterized as wrongs in the trade relationship between the United States and China. That stance, and his choice...

Mengniu offers to buy out China Modern Dairy

China Mengniu Dairy Company Limited has made an offer to purchase the remaining shares of China Modern Dairy Holdings Ltd.

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