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

Headlines > Business

Showfloor blog: FI Asia-Thailand

Supply chain shocks driving Asian food producers to western quality

The non-Asian ingredient supply sector is fairly well represented here at Food Ingredients Asia-Thailand in Bangkok, but given current concerns about food supply chain security in the region, is probably...

FI Asia-Thailand

Distribution prime: ‘European approach is useless in Asia’

One thing both niche players and the largest multinational suppliers like DSM, Tate & Lyle and Naturex have in common when it comes to doing business in Asia is their...

News in brief

Nutraceutix's probiotic delivery technology now patented in more than 30 countries

Nutraceutix, based in Redmond, WA, has added to the list of patents for its probiotic delivery system with patents in the 24 countries in the European Patent Convention.  This means...

Water footprint: The food industry's next big challenge?

Reducing water footprints is an environmental challenge food and beverage companies should be prepared to meet if they want to maintain their competitive position and build reputation among end consumers, according...

SOLD! GSK exits drinks market

Glaxo sells Lucozade and Ribena to Suntory for £1.35bn cash

Ever-expanding Japanese beverage behemoth, Suntory, is the new owner of Lucozade and Ribena, which GlaxoSmithKline (GSK) has sold for £1.35bn (€1.6bn/$2.11bn) as it admits defeat in its internationalisation plans and...

Big brand sale

UPDATE: Suntory will buy Lucozade and Ribena for ‘sum close to £1bn’; brands won’t work in Asia, says analyst

Sources close to GlaxoSmithKline have confirmed that the sale of its iconic Lucozade and Ribena brands to expanding Japanese beverage giant, Suntory, will proceed for a sum closer to initial...

Pea protein boom drives Cosucra plant expansion

Belgian pea protein player  Cosucra is investing €30m to build a ‘second line’ at its processing facility as European and North American demand rockets.

News in brief

'Tesco failed to understand the Chinese consumer'

Tesco’s decision to step back from going it alone in China was because it failed to understand the Chinese consumer and how unsuited they are to its so-called “secret weapon” –...

Nestlé Kit Kat tie-up wires into Chinese Android appetite

This week’s launch of the new Google Android 4.4 Kit Kat and Nestlé’s tie-in chocolate Android robots is a marketing move worth millions and could help the Kit Kat name...

Challenges remain as China's Bright mulls deal with Israel’s Tnuva

Chinese food giant Bright Food Group is poised to begin negotiations for a deal to buy Tnuva Food Industries, Israel’s largest food company. 

Benecol yoghurt’s Hong Kong launch is first step into coveted China

Raisio has just launched its Benecol yogurt drinks line in Hong Kong, its latest push to broaden its reach in the emerging Bric markets. Wing Kee Produce will act as...

Big changes at Chr Hansen

Nature lover: Chr Hansen plays natural card in 6-platform reinvention

Danish ingredients giant Chr Hansen has today rebranded itself ‘Nature’s Number 1’ as it announced a 6-platform strategic overhaul of its colours, enzymes and cultures businesses.

Vitafoods Asia

Chr Hansen: While EU regulations are tough, Asia's are a minefield

On a day when its headquarters in Copenhagen announced a significant overhaul of a number of its core businesses, Chr Hansen’s vice-president of health and nutrition sales highlighted the regulatory...

Bright Food in talks to buy Israeli food group Tnuva

Chinese food giant Bright Food Group Co may look to continue its international expansion with the acquisition of Israel’s biggest food manufacturer and distributor Tnuva.

Fonterra, NZ, Sri Lanka meet to resolve DCD protest issues

Fonterra, New Zealand and the Sri Lankan government have met to “discuss progress in resolving” the recent issues that led to the closure of all Fonterra Brands Lanka faculties last month....

Barry Callebaut opens JV plant in Indonesia

Barry Callebaut has today opened a $33m cocoa processing facility in Indonesia in a joint venture with cocoa trader P.T. Comextra Majora.

Stora Enso speaks out about Chennai Mill failings

Stora Enso has welcomed report findings by Finnish NGO Finnwatch and Swedish NGO Swedwatch on the responsibility practices of its Chennai Mill in India.

Danone reviewing Fonterra WPC botulism false alarm ‘compensation options’

Danone is reviewing its “recourse and compensation options” in relation to the Fonterra whey protein concentrate (WPC) botulism alert that led it to pull potentially-affected infant formula products from shelves in eight...

News in brief

World’s biggest milk powder drier starts work in New Zealand

“Drier Two”, the world’s largest milk powder drier kicked into gear last week at Fonterra’s Darfield site in New Zealand to produce its first batches of whole milk powder, which...

€200m Singapore herb maker defends TCMs amid Chinese contamination busts

The world’s biggest manufacturer of Traditional Chinese Medicines (TCMs) outside of China has defended the quality of the sector as contaminated products continue to raise red flags with regulators in...

'No plans' to sue Fonterra over false WPC botulism alarm, says Nutricia

Danone-owned Nutricia has rubbished reports that it is considering legal action against Fonterra over the false whey protein concentrate (WPC) botulism alarm that led it to recall 67,000 units of...

Natra reports weak Europe and out-of-season Asian chocolate consumption

Natra Cocoa and Chocolate has reported flat sales in its first half results due to weak consumer spending in Europe and a blip in chocolate consumption in its growth driver...

Mondelez announces leadership changes in EEMEA and Asia

Mondelez International has announced new heads for its EEMEA region and Asia Pacific region after  Pradeep Pant announced his retirement, aged 59.


Coke hired snooping private eye in Aussie Honest Tea trademark fight

The Coca-Cola Company today admitted defeat in an 18-month trademark battle that pitted its US Honest Tea brand against a small Australian firm using the same name run by a...

Fonterra rubbishes Sri Lankan court summons reports

Fonterra has rubbished reports that four Sri Lanka-based executives have been summoned to face contempt of court charges over the company's alleged failure to comply with a ban on the...