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State gov’t bails out SPC Ardmona, Coca-Cola expects big write-downs

The Victorian government has stepped in to safeguard the future of SPC Ardmona following last month’s decision by the Australian government not to bail out the troubled fruit packer.

Danone to double stake in Chinese dairy Mengniu

Danone is set to increase its interest in Chinese dairy manufacturer Mengniu to almost 10% in its latest bid to capitalize on the "high growth potential" of the country's chilled...

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American Institute of Baking buys Chinese certification body

The American Institute of Baking has entered into an agreement to acquire Beijing Sino-Swiss ADC, an officially approved certification body in Beijing, China. 

GM golden rice: Tables turn on Greenpeace

A dissident Greenpeace founding member claims the environmentalist group has become “a force for evil” in its campaigns against GM golden rice.

Asia-Pacific sales growth drives USANA's strong results

USANA Health Sciences, a network marketing company based on sports nutrition, weight management and general health nutritional products, posted an impressive 10.6% gain in net sales for its fourth quarter...

‘We’ll be the No.1 can player in China!’ Crown Holdings

Crown Holdings expects to become the leading beverage can producer in China this year and is bullish on the nation’s growth prospects despite low prices for its products.

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Kangshifu steals march on Coke in global soft drinks struggle

Tingyi's successful Chinese brand Kangshifu is gaining ground on Coca-Cola, Pepsi and Sprit in the bottle for world soft drinks domination, according to new Canadean research.

SPC Ardmona hammers Oz PM’s criticism of ‘over-generous’ conditions

Troubled SPC Ardmona has lashed out at claims by the Australian prime minister that the company is a “union shop”, and that the cause of its difficulties are because of...

NZX granted US dairy derivatives trading approval

The New Zealand Stock Exchange (NZX) has taken "another vital step" towards becoming a global player in the dairy industry by securing status as an authorised dairy trader in the...

Japan’s Calbee teams up with URC to tap Filipino snack food market

Filipino food major Universal Robina Corp's has partnered with Calbee Inc., Japan's largest snack food company, a move that will further establish both firms in Philippines’ growing packaged food market.

Australian government rejects bailout appeal from SPC Ardmona

The Australian government has rejected a plea by beverage maker SPC Ardmona for an AU$25m (US$21.8m) bailout package, calling on the firm’s parent company to the rescue of its local...

Man arrested in massive Japanese pesticide tainting scandal

Japanese police have arrested the man thought to be at the centre of a food tainting scandal that has seen thousands of people poisoned and confidence in the domestic food...

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Palsgaard recreates customer conditions with new Singapore pilot plant

Emulsifier specialist Palsgaard is now in the process of installing a margarine pilot plant at its Singapore facility. 

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Kellogg Australia makes kids cereal pledge

Kellogg Australia has pledged to donate at least two million servings of cereal to kids in 2014.

Coke India bottler fights site wrecking order

Coke subsidiary Hindustan Coca-Cola Beverages (HCCB) has filed a petition before a district magistrate challenging a government order demanding the destruction of a site in Northern India.

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Connell Bros. takes Enzyme Solutions in Aus business acquisition

Connell Bros., the Australian specialty chemicals and ingredients distributor, has announced it has acquired the business of Enzyme Solutions in Melbourne.  

US bottle maker ramps up Indonesia investment

Owens-Illinois, the world's largest glass container manufacturer, will increase investment in its Jakarta plant, having already increased its production line speed and capacity to support Southeast Asian growth.


Nutricia India bribed doctors to prescribe infant formula, whistleblower claims

Danone Group subsidiary Nutricia India approved illegal payments to doctors across the country to promote and prescribe its baby nutrition products, a whistleblower has claimed.

Singleton red faced as SAB Miller Aussie subsidiary pulls Bluetongue

Australian entrepreneur John Singleton is reportedly furious that SAB Miller subsidiary Carlton & United Breweries (CUB) has chosen to axe its once successful Bluetongue beer brand.

Coopers’ figures strong in face of bad year for Aussie beer

Coopers Brewery has bucked the domestic beer trend and enjoyed record year for beer sales in 2013, surging past the 70m litre mark for the first time in the company’s...

CUB denies Aussie beer lock-out as brewers face probe

The Australian Competition and Consumer Commission (ACCC) is investigating the nation’s brewers to find out if certain players have been locked out of the off-premise market.

Saputo secures majority stake in Aussie dairy Warrnambool

Canadian dairy giant Saputo has secured a majority stake in Warrnambool Cheese and Butter (WCB) after a hard-fought, three-way battle to acquire the Australian dairy processor.

DSM profits rise in 2013 despite sluggish nutrition performance

Multiple issues in the omega-3 sector, a ‘saturated’ US food supplements market, a widespread consumer move to private label plus a strengthening euro have all impacted Dutch-Swiss ingredient giant DSM’s...

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Goodman Fielder Australia MD killed in bike accident

The managing director of Goodman Fielder’s Australian business died suddenly over the weekend in a motorcycle accident, the company has announced.

Fonterra raises 'dim sum' funds for China expansion

New Zealand dairy major Fonterra has raised RMB1.25bn (US$210m) through a five-year offshore “dim sum” bond issue to to repay debt and expand its operations in China. 

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