Fonterra has moved to strengthen its leading position in the Australian yogurt sector through the acquisition of Tasmanian firm, Tamar Valley Dairy, which went into administration earlier this year.
The company behind Australia’s first single origin chocolate says the country’s cocoa is rich in polyphenols and is set for a big future. Its executive chairman, Cadbury veteran Barry Kitchen talks to ConfectioneryNews.
Nestlé has announced it has sold its weight management business, Jenny Craig, in Australasia and North America to a US-based private equity group North Castle Partners.
Mondelez International has fallen short of sales expectations in the third quarter (Q3) as the slowing Chinese economy dented consumption, particularly in its biscuit category.
Aker BioMarine has expanded its team in Australasia by hiring Alex Tomlinson as its business development manager. Tomlinson will help lead the region's new office in Melbourne, Australia, with a focus on nurturing existing business relationships...
Korean confectioner Lotte is aiming to increase its overseas sales six fold in the next five years led by growth in China, India and Russia, the firm said in its first half (H1) results.
DSM has delivered a Q3 increase in EBITDA earnings of 27% across all its divisions despite “headwinds” like the ongoing economic flatline in Europe and elsewhere, challenging currency movements and rising ingredient costs.
LycoRed has now reached a settlement with Indian firm EID Parry after the carotenoids supplier filed for patent infringement in March last year over its tomato lycopene products and related manufacturing processes.
The wires are ablaze with talk today about the long-awaited entry by Burger King to the Indian fast food market – as much for the chain’s late arrival in the country as for the business model it is said it will adopt.
The battle to acquire Warrnambool Cheese & Butter (WCB) has taken a new turn, with New Zealand-based food and beverage company Lion acquiring a 9.99% shareholding in the Australian dairy processor.
SODA BEHEMOTH MEETS 'INCREASINGLY DIVERSE' CONSUMER DEMANDS
The Coca-Cola Company is set to open a $106m site in China’s Hebei province and says its bottling activities across five provinces although it to meet ‘increasingly diversified’ consumer needs.
Shinmei Co. Ltd is investing more than $10m in a rice processing facility in California to produce a gluten-free ‘Rice Bun’, an alternative to the burger bun, in the US.
Korean food firm Samjo Celltech is set to begin production of sauces and seasonings at its new plant in the Chinese city of Weihai in eastern Shandong Province, the company said on Monday.
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Chr Hansen CEO Cees de Jong today praised the Danish enzymes, cultures and colours specialist’s 2012-2013 performance that saw revenues grow 6% to €738m for the year, and highlighted 5% growth in sluggish EMEA as a major achievement.
Carlsberg’s CEO says his firm remains well-positioned for future growth after breaking ground on Burma's 'first ever' international brewery and starting construction on another facility in China.
An investigation into Fonterra's buttermilk disposal practices has been launched in New Zealand in response to concerns about the size of a dumping site dubbed the 'Lake of Buttermilk'.
The humble McAloo Tikki, McDonald’s' cheapest and most popular sandwich in India, is at the centre of a row between the multination’s regional office and one of its disgruntled joint-venture partners.
Murray Goulburn has challenged Canadian giant Saputo’s attempted acquisition of Warrnambool Cheese and Butter (WCB) with an offer that, if accepted, would create one of the largest Australian food and beverage firms.
With its eye firmly on the Korean food market, US-based sweetener major Stevia Corp. has inked a memorandum of understanding with Taekyung Nongsan, the Korean food ingredients manufacturer, to grow its business in the peninsula.
Wal-Mart appears to have lost patience with its fraught ambition to enter Indian consumer retail, after deciding to buy out its local partner, Bharti Enterprises, from their six-year-old joint-venture.
Danone has confirmed that it is seeking around €200m ($270m) in compensation from Fonterra to cover the costs associated with the infant formula product recalls it ordered in response to the New Zealand-based dairy exporter's recent whey protein...
Stable Micro Systems, which designs and manufactures texture analysis equipment, has launched a Video Capture and Synchronization machine, which can be used in food laboratories.
The Hershey Company will make its single largest investment in Asia with a new factory in Malaysia, a country the firm says gives it a strong route to 25 markets in the region, including China.
Rumours persist that one of India’s leading bakery and condiments companies is looking to sell off the controlling stake in its biscuits business to private equity investors.
A unique collaboration in New Zealand between the government, industry and scientists has resulted in the birth of a new technology that is expected to radically change wild fish harvesting,
Fonterra has denied it has “any legal liability” to Danone in relation to its recent whey protein concentrate (WPC) contamination scare, despite being in talks with the French dairy giant over the possible payment of compensation.
Mondelēz International has appealed against the New Zealand trademark authority’s decision to OK rival Whittaker’s registration of its Berry Forest chocolate bar, despite protestations that it is too similar to Mondelēz's own Black Forest brand.
Twenty years after it exited the carbonated soft drinks business, Parle Agro has now revealed it will return to the market with a coffee flavoured fizzy drink—a first for the Indian market.
By calling it a “great transaction” for shareholders, farmers and agriculture in the United States, Smithfield Foods chief executive Larry Pope couldn’t have been more ebullient now his shareholders have rubber-stamped Shuanghui’s takeover of the American...
'Dynamic and interactive' event returns to Cannes, France
Innovation, sustainability, cutting-edge food science, and changing consumer behaviour will drive William Reed’s Food Vision event, with the programme offering food science through the focused lens of commercial interest to identify strategies for profitability...
French health claims consultancy and contract research organisation (CRO) Nutraveris has returned from a trip to South Korea where it participated in a French government trade mission.
PepsiCo has appointed a new chief executive officer for the Asia, Middle East and Africa (AMEA) region as it aims to bolster penetration in the region.
Pringles brand awareness is varied across Asia Pacific but commercial innovations like seasonal marketing and in-store promotions should deepen traction, Kellogg’s Asia Pacific president says.
The majority owner of Indian processed food manufacturer Capital Foods has vigorously scotched suggestions that is company is poised to be sold to Japanese giant Nissin Foods.
THE BIG INTERVIEW: KELLOGG ASIA PACIFIC PRESIDENT – PART I
Kellogg is in a position to drive, shape and ultimately create a cereal category in Asia Pacific, and that’s exactly what it plans on doing, its regional president says.
Indonesia has approved a plan to buy one million hectares of Australian farmland in the country’s north in order to solve its own crippling beef supply problems.
The non-Asian ingredient supply sector is fairly well represented here at Food Ingredients Asia-Thailand in Bangkok, but given current concerns about food supply chain security in the region, is probably still under-represented. Which is surprising…
One thing both niche players and the largest multinational suppliers like DSM, Tate & Lyle and Naturex have in common when it comes to doing business in Asia is their heavy reliance on local distributors.
Nutraceutix, based in Redmond, WA, has added to the list of patents for its probiotic delivery system with patents in the 24 countries in the European Patent Convention. This means the technology, called “Delivery System for a Biological Component” in...
Reducing water footprints is an environmental challenge food and beverage companies should be prepared to meet if they want to maintain their competitive position and build reputation among end consumers, according to an analyst.
