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Headlines > Business

Fonterra to expand mozzarella production with new plant

Fonterra has announced it will be constructing a new mozzarella plant to meet growing customer demand.

China

WeChat joins Starbucks with gifting and mobile payment platform

Starbucks has partnered Chinese online and app giant Tencent Holdings to create a new social gifting feature on WeChat, China’s leading mobile social communications service.

Burger King breaks into Bangladesh market

US fast food chain Burger King has opened its first outlet in Bangladesh’s capital Dhaka, predicting expansion amidst the country’s fast-growing economy and promising to target local meat procurement. ...

Mannatech decides against multilevel marketing in move to enter mainland China market

In an effort to smooth out financial results, Mannatech is focusing on new products and its adding an e-commerce platform in China to its direct sales efforts. 

Swisslog taps into Mai Dubai $21m bottled water ‘mega expansion’

Mai Dubai, bottled water company, part of Dubai Electricity and Water Authority (Dewa), has partnered with Swisslog to automate its storage and distribution centre as part of its 2020 $21m...

China chocolate brand Le Conte sold to Hollygee for $33m

Wedding candy brand from Fujian Province Hollygee (好邻居) has acquired the largest Chinese domestic chocolate confectionery company Le Conte (金帝) for 230m RMB ($33m).

New Zealand begins 2018 World Butchers’ Challenge campaign

The New Zealand Pure South Sharp Blacks are looking to regain their crown as the best butchers in the world.

AgriProtein and Twynam Group in licensing deal

Australasia to get 20 new insect feed factories

Insect feed producer, AgriProtein, has announced a licensing deal with its Australian partner, Twynam Group, that it said will see 20 insect feed factories being rolled out across Australasia.

Japan: Methionine facility set to target Asian poultry sector

Sumitomo Chemical is building a methionine manufacturing facility on the island of Shikoku in Japan.

Feature

Byron Bay botanicals give punch to crowdfunded gin start-up

Australia’s newest distillery start-up has been using crowdfunding to bring to market a dry gin made from a wealth of local botanicals developed with the help of Scottish whisky master...

IFCN workshop looks at Indian dairy challenges

The fifth IFCN Regional Workshop was held recently in Anand, India, with 50 experts from various backgrounds in the dairy industry contributing.

Hilton Food Group plans for new Australian factory

Hilton Food Group is to build a new meat processing facility in Australia, to expand its packing capabilities.

Nascens signs deal to supply wholesale tea to German retailer in India

The maker of Planta specialty teas will tap into German wholesale giant Metro’s cash-and-carry network in India.

Sri Lanka

Nestlé helps coconut growers with plantlets and model farms

Nestlé will donate 10,000 coconut plantlets to 2,000 farmers and develop two model coconut farms to demonstrate best growing practices.

South Asia radius

Amira joins select few firms with permission to ship rice to China

Dubai-based Amira Nature Foods, which manufactures packaged Indian specialty rice, is now one of only a select few Indian companies allowed to export rice to China after they were granted...

ADM sells stake in GrainCorp; completes revamp of Ukraine oilseed plant

Archer Daniels Midland Company (ADM) has sold its stake in GrainCorp Limited soon after separately reopening  its oilseed processing facility in Chornomorsk in the Ukraine.

China infant formula uncertainty claims another victim: Murray Goulburn and Mead Johnson deal scrapped

Australian dairy co-operative Murray Goulburn and Mead Johnson Nutrition have scrapped an agreement signed in March to supply infant formula to Asia.

News in brief

Local acquisition will vertically integrate Ingredion’s China business

Ingredion has completed the acquisition of Shandong Huanong Specialty Corn Development in China from Pingyuan County Juyuan State-Owned Asset Management for an undisclosed sum.

China

SIAF aquaculture offshoot given green light to expand with $36m loan

Chinese protein investment major Sino Agro Food Industries’ fisheries subsidiary has been approved for a CNY250m (US$36.3m) loan to expand its operations.

China

Cargill opens development centre in Shanghai for most food streams

Cargill has pooled its resources across a range of divisions to open its first innovation centre in Asia, which employs some 50 researchers, nutritionists and chefs.

News in brief

Chaucer sold to Japanese food firm in €122m deal

British food firm Chaucer has been sold to Japanese manufacturer Nagatanien in a £102.8m (€122.8m) deal which the freeze-dried food manufacturer says will help it expand into the US and...

Australian baskets find foothold in premium oyster farming markets

Oyster baskets that improve farming efficiency while growing a higher quality product are helping an Australian company penetrate international markets.

China's Jinluo sees growth in 'no starch' ham

One of China’s biggest traditional pork processors is crediting its repackaged ‘no starch’ ham sausages for strong growth in the company’s sales.

Fonterra’s ingredients business keeps up with vast region’s fast pace

When I speak to Fonterra’s Hamish Gowans, he had just been asked by a potential customer if the cows that produce the milk for the New Zealand dairy ingredients co-operative...

3D printed meat opportunity analysed by Australia

3D printed meat technology could be the “next big advancement” for the protein industry, according to a research paper published by Meat and Livestock Australia (MLA). 

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