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Topics > Supply chain

Drought-hit Fonterra cuts 2013 profits forecast

Fonterra has lowered its profits forecast for fiscal year (FY) 2013 by almost NZ$80m (US$64m, €49m) to account for the impact of this year’s drought.

Formula register will help NZ crack down on false China-bound claims

New Zealand’s legitimate infant formula exporters are gearing up for the introduction of a brand register that the country’s Ministry for Primary Industries (MPI) is expected to introduce next month...

Biostime amends Chinese infant formula distribution contracts amidst anti-trust probe

Chinese infant formula manufacturer Biostime has made amendments to the contracts it holds with distributors to delete terms that guarantee fixed prices and price floors that may violate Chinese anti-trust...

Tate & Lyle to boost Asian food systems through Chinese joint-venture

Through the complex acquisition of a majority stake through China’s Jiangsu Howbetter Food Co., Tate & Lyle can now boast a platform to boost its food systems business in the...

Sea harvest

Consumers only accept sustainable krill, says newly certified Aker Aus

Aker BioMarine’s Australian operation can now carry the Marine Stewardship Council eco-label, something its head says is essential to compete in the eco-fixated market Down Under.

FrieslandCampina acquires ‘supporting’ stake in Synlait Milk

FrieslandCampina has acquired a 7.5% stake in New Zealand-based infant formula manufacturer Synlait Milk through an initial public offering (IPO) of shares by the company.

Beijing plant is DuPont’s first step in ready-to-market probiotics

In 2011, DuPont bought a food processing plant to the north of Beijing and straight away began to convert it into a blending and packaging site for its dietary supplements.

End looming for Hong Kong formula restrictions

Hong Kong is on course to lift its long-running restrictions on the export of infant formula, a senior politician has revealed.

Tate & Lyle Sugars slams Guardian over Cambodian sugar sourcing allegations

ASR Group-owned Tate & Lyle Sugars is considering legal action against The Guardian newspaper over a story published this week accusing the sugar giant of working with a Cambodian supplier that employed...

RSPO commends members on quick action to quench fires

Five RSPO-certified palm oil producers accused of contributing to Indonesian forest fires have submitted digital images of their plantations in an effort to clear their names – and the RSPO...

Thailand ready to send first sustainable palm oil shipment to Europe

The third largest palm oil producer in the world, Thailand has now joined a select group of nations that supply certified sustainable palm oil (SCPO), with a first consignment ready...

NZ-Taiwan trade deal seals immediate elimination of tariffs

A newly signed economic agreement between New Zealand and Taiwan will see the elimination of tariffs between the two countries, initially covering Kiwi exports worth around NZ$450m (US$356m).

Opinion: Food Security Bill

Forget about the middleman, embrace the middle-ground

A new deal and a fresh start: that’s how the Indian government should approach the landmark ordinance that will be the new Food Security Law.

Analysis

Thai rice mortgage threatens to boil over with alarming possibilities

Only six months ago, Thai policymakers remained unruffled by their controversial populist policy, which had at the time just marked its first anniversary. 

Food Corp of India recruiting over 11k to support Food Security Law

In a massive recruitment drive ahead of the enactment of the Food Security Law, the Food Corporation of India is in the process of appointing more than 11,000 new staff,...

Good news all round for Australia’s dairy industry

Following record opening prices for this year’s Australian dairy season, Devondale has piled on the good news by announcing the construction of a major new milk processing facility in Sydney’s...

India’s Tea Board chief urges plantations to turn over a new leaf

The head of the Tea Board of India has launched a scathing attack on the nation’s growers ahead of the implementation of new regulations that go into force later this...

Analysis: GrainCorp takeover

All deals destined to go ahead as Australia surveys new Asian age

Now the ACCC, Australia’s anti-trust commission, has given the green light to ADM’s proposed acquisition of GrainCorp, foreign interests will control all major grain handling facilities and grain ports in...

Case study

Quantec sees Japan as Asian entry point for dairy bioactive compounds

Much is made of New Zealand’s trade ties with China, but now a Kiwi dairy biotechnology company is now looking to break into Japan with its patented milk protein ingredients....

CP Kelco starts Brazilian pectin expansion as global demand rebounds

Hydrocolloid giant CP Kelco has announced the first phase in a series of projects to expand its Brazilian pectin operation by 30% to cope with rebounding demand for the ingredient.

Indian reforms offer a sweet outlook for sugar industry

The future looks rosy for the Indian sugar sector following recent moves by the government to chop out-dated controls and introduce greater market freedom.

Oz gets export green light to end China’s blackleg ban on canola

Australian canola producers can look forward to new market opportunities in the huge Chinese market after the first bulk shipments of the seed arrived in the country since it was...

Japan blocks wheat imports after illegal GMO crop scare in US

The Japanese government has placed a temporary ban on Western White wheat imports after unauthorized genetically modified wheat was found growing in the US.

Contest might realise Pinoy dream of half-cost rice production

Competition for improving Filipino rice yields is heating up quite literally with a major challenge issued to farmers there.

Sale of forgotten wheat could put a dent in India's national debt

The Food Corporation of India could potentially earn over Rs25,000 crore (US$4.5bn) by exporting wheat lying in open warehouses, according to an Assocham study.