Strong results support Asia Pacific Breweries expansion
Asia Pacific Breweries posted a 7.3 per cent rise in organic growth
through its first quarter results, as it increases its presence in
the region to meet growing demand for its products.
China powers SAB beer growth
China, South America and Europe combined to offset disappointing
performances in North America and South Africa during brewer
SABMiller's third quarter.
New food processing park to boost Vietnamese exports
Vietnam's first industrial park catering solely to food processors
is set to boost the country's position in value-added products for
export markets, says the project's founder.
Fonterra to set up dairy farm in China
New Zealand dairy co-op Fonterra said today that it will set up a
best practice dairy farm in China to provide quality milk for
Shijiazhuang SanLu, the Chinese dairy in which it holds a 43 per
China's VV Group seeks higher profits as soymilk sales fall
VV Group, China's leading soymilk producer, has bought a stake in
an alcohol maker as it looks for more profitable business to
counter falling soymilk sales.
Malaysia merges palm oil firms to boost production
Three Malaysian oil plantation firms are to merge to create the
world's largest listed palm oil producer, accounting for 6 per cent
of global production, revealed adviser CIMB Investment Bank
Coca-Cola launches brewed beverages in Singapore
Coca-Cola is entering the hot beverage market in Singapore, where
it says the opportunities are double those of its traditional fizzy
Drought swells production costs for Australian poultry farmers
Poultry processors in Australia are expected to implement
'significant price increases' for chicken meat, as drought leads to
surging grain prices, a major production cost for the country's
Australian drought could impact dairy prices
Buyers of Australian dairy products are facing uncertainty over
future supplies and pricing as the country's farmers weigh up the
impact of a prolonged drought on their output.
Asian Citrus boosts profits with supermarket deals
Asian Citrus, the Chinese orange plantation owner, said its
full-year pretax profit rose 17 per cent, helped by new direct
supply contracts with supermarket chains in China.
Galactic j-v doubles lactic acid capacity in China
Belgian lactic acid producer Galactic will double capacity at its
joint venture plant in China to meet rising demand for the additive
in food production.
Fast food craze in China good for potato processors
The rapid growth of China's fast food industry is boosting demand
for frozen French fries and other processed potato products,
helping to offset a downward trend in more mature markets due to
consumer health concerns, reveals...
Pan Sino establishes Singapore's largest cocoa bean plant
Cocoa bean producer Pan Sino International has announced plans to
build Singapore's largest cocoa processing plant, increasing cocoa
bean supply for manufacturers.
Chinese purchase makes Indian gelatine maker world number 2
Sterling Biotech has emerged as the world's second largest gelatine
producer after making its first international foray to acquire the
gelatine manufacturing facility of Chinese firm China Gelatin.
Falling sugar prices hit Australia's CSR
CSR, Australia's largest sugar producer, downgraded its profit
forecast last week, blaming falling global prices and adverse
weather for an anticipated downturn.