Carlsberg CEO Jorgen Buhl Rasmussen says the firm is currently less concerned with building Asian margins than securing growth in a key region, particularly in markets such as China and India.
Recent shocks in Australian food processing have been reflected in the latest Australian Industry Group report on manufacturing performance, which covers the month of April.
That Unilever wants to extend its stake in its emerging markets subsidiary should not come as a surprise, and neither should be the fact the company is happy to part with a huge sum of cash to do so.
Is Old Monk old hat? Judging by figures released this month by Impact Databank, it seems the once omnipotent Indian rum brand is well on its way to oblivion—or ripe for a buy-out.
BASF and Malaysian partner Petronas Chemicals Group will invest MYR1.4bn (US$500m) in an integrated aroma ingredients project in Kuantan to serve the Asia-Pacific flavour and fragrance industry.
ADM will put forward a third, higher bid of A$3.4bn ($3.5bn) for Australian bulk grains specialist GrainCorp after a full financial review of the company.
Last week, we published a story revealing that India’s food consumption will double by 2030—a scary thought. But it’s all right, we are assured by the Confederation of Indian Industries that production is destined to increase to meet the demand as long...
China Modern Dairy has played down rumours of a takeover by “a third party” – assumed to be Mengniu – but has confirmed that talks are ongoing with the unnamed company in regards to the “possible disposal of certain assets.”
AN agreement between Hindustan Coca-Cola Beverages and the Uttarakhand government to set up a Rs600cr (US$110m) manufacturing plant in Dehradun’s Vikas Nagar Tehsil has drawn the rage of local environmental groups.
New Jersey-based Pharmachem Laboratories has signed Pacific Resources of Sydney as its exclusive distributor for StarchLite for the food and beverage markets across Australia and New Zealand.
Probiotic leader Chr Hansen is targeting dairy players with an L. Lactis probiotic strain it says produces vitamin K at significant enough levels to utilise approved health claims.
