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

Headlines > Business

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...

Sights on India

PepsiCo’s possible crisp co. pounce a strong signal of snack expansion

Market-watchers in India have recently been speculating that PepsiCo is poised to make a bid for an Indian crisp manufacturer as a means to grab greater control of snacks in...

News in brief

Limited edition Pepsi-flavored Cheetos in Japan

Frito-Lay has developed Pepsi-flavored Cheetos for the Japanese snack market, but revealed no plans to bring them to other markets.

Heineken: 5% rise in Asian drinkers by 2015

The Asian beer market is the greatest potential for growth in the future, says Heineken as it expands its Sidel canning line. 

Machinery firm says Japan is 15 years ahead in cake innovation

North America and Europe can learn a lot about cakes from Japan – a market that is significantly advanced in terms of innovation in the field, says cake machinery firm...

Coca-Cola Amantil hoping for a beer buzz after drinks war hits profits

On a day when Coca-Cola’s Australian distributor admitted that a soft-drinks price war had significantly hit its first-half earnings, it also revealed it will make a big-chips return to the...

Fonterra suspends senior managers over WPC botulism scare

Fonterra has placed two senior managers “on leave” in the midst of an internal investigation into the circumstances surrounding the recent Clostridium botulinum whey protein concentrate (WPC) contamination scare....

Petra Foods regroups for premium push in South East Asia

Petra Foods has reported growth in its consumer goods division in its second quarter (Q2) results and says it is planning to capitalize on the growing middle classes in Philippines,...

GLG Lifetech works with China’s largest food company to tackle obesity, diabetes epidemic with stevia

Stevia supplier GLG Lifetech is working with China’s largest food company - state-owned COFCO (China National Cereals, Oils, and Foodstuffs Corporation) - on three major healthy food and beverage formulation projects....

Fact-finding and brand building: Special K asks for social media posts instead of cash

Special K’s pop-up shop in Australia where social media posts are used instead of cash will give Kellogg crucial face-to-face contact with consumers for fact-finding and brand building, says a...

Tesco and CRE take first step to become China’s biggest retailer

British supermarket chain Tesco and state-run China Resources Enterprise have quashed growing media speculation with the announcement of exclusive talks between the two majors to combine their Chinese retail operations...

Indian plastic packaging firm expands after 31% sales hike

Manjushree Technopack, which works with Coca Cola, Pepsi and Bisleri Indian bottled water, has announced its FY14 Q1 results as it plans to build a second factory in Bangalore.

Fonterra slams Sri Lankan DCD testing after milk powder recall

Fonterra has challenged the accuracy of Sri Lankan tests for agricultural chemical, dicyandiamide (DCD), after it was ordered to pull two batches of apparently contaminated milk powder from shelves in...

News in brief

Tesco Chinese merger to create £10bn business

Tesco has announced plans to combine its Chinese retail operations with consumer goods company China Resources Enterprise (CRE) in a bid to form the leading multi-format retailer in China.

Cadbury India bets large on Asia-Pacific’s biggest chocolate plant

Cadbury’s Indian arm has revealed plans to build the biggest chocolate plant in the Asia-Pacific region. The Indian plant, in Andhra Pradesh, will come at an investment of more than...

Nutrition division drives DSM Q2 profits up 19%

Organic growth and a healthy boost from last year’s €500m Fortitech investment lifted Q2 pre-tax profits 19% to €345m at Dutch ingredients and chemicals giant, Royal DSM.

News in brief

Bond Labs building on Singapore product base

US-based nutritional supplements supplier Bond Laboratories is planning to treble the number of products it sells through NDS Nutrition in Singapore.

Challenges remain as Starbucks continues China dominance

Starbucks has continued its success in the Chinese market, with revenues growing at a rate 30% over the last year. 

Rexam CEO discusses life in the Indian ‘playground’

Rexam CEO Graham Chipchase insists the packaging firm will take a stronger position in an under-penetrated Indian market to service surprise demand for specialty cans.

Chicle gum distributor urges Australians to stop chewing on plastic

The distributor of Chicza, an organic biodegradable chewing gum made from tree sap, is hoping to capitalize on the growing popularity of organic and sustainable products in Australia and is...

Synthetic spearmint supplier scales up production to offer purer alternative

Paramount Aromachem India will move to a new facility near Delhi where it plans to produce half of the global demand for synthetic spearmint flavor L-carvone which is used in...

Nestlé's Special.T tea maker to be given debut in gadget-loving Japan

Nestlé will introduce its premium-portioned capsule tea maker, Special.T, to consumers outside Europe for the first time when the brand goes on sale in Japan later this year.

News in brief

Weet-Bix makes Australia’s most trusted brands list

Weet-Bix has been named one of Australia’s most trusted brands in a recent Reader’s Digest annual survey.

GSK scandal should prompt China to reflect on wider pharma corruption

As a new head of operations works out how best to guide GlaxoSmithKline’s China operation through a bribery scandal that has hit the world's headlines, industry watchers have have said...

News in brief

China gives patent to AB-Fortis iron functional ingredient

Spanish biotech company AB-Biotics has been granted a patent by the China Patent & Trademark Office for its AB-Fortis functional ingredient.