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 and EID Parry have agreed to settle a patent dispute over tomato lycopene products and manufacturing processes after 18 months of legal wrangling.
Deforestation, loss of habitats, social upheaval and vast swathes of smoke: there’s no doubt the palm oil industry is guilty of continuing atrocities against both planet and humanity.
By By Marieke Leegwater, palm oil programme manager at Solidaridad
Even though often invisible, palm oil is present in many product formulations. Currently, it is the worlds most used vegetable oil and its production and demand are forecast to grow.
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.
India’s food minister has acknowledge something that everyone with a passing knowledge of the country’s food network has been aware of for years: that India simply doesn’t have adequate storage to meet demand.
Demand from China has helped the Australian state of Victoria lift its agricultural exports by 5% in 2012-13 to a record A$9.4bn, a new report from the state’s government has revealed.
North America’s third quarter cocoa grind is the highest of any quarter since the National Confectioners Association began to collaborate data for the US, Mexico and Canada in 2009. The Asian Q3 cocoa grind has also jumped 12%.
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.
China’s demand for dairy imports look set to grow for at least the next two years, while its local milk production struggles under structural change in the supply chain.
The Chinese Food and Drug Administration is steering the dietary supplement industry towards a more restrictive environment by putting an end to importing such products as food.
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.
Australia and New Zealand’s red meat sector has joined a long list of food processing sectors that the region’s top food safety watchdog looking to standardise food safety requirements.
Kellogg cannot shirk its palm oil responsibility by deflecting attention to its supplier, says RAN following a statement from Kellogg calling for productive talks between its supplier Wilmar and the environmental group.
India’s organic food market is expecting to see grow at a rate of around 19% over the next four years, according to a new report. And to fuel this demand – and that of overseas countries – producers should battle bureaucracy and convert from conventional...
A consumer advocacy group in New Zealand has claimed that farmed salmon being sold in supermarkets across the country may not be as “natural” as claimed by the companies behind its production.
Despite two decades of increased agricultural productivity across the world, there has not been a corresponding drop in malnutrition rates. And now, two new multidisciplinary projects at the University of Sydney hope to address this challenge.
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,
Cargill says it is diversifying its carrageenans portfolio in both location and species to combat the associated supply risks of the texturing ingredient derived from seaweed.
Australia's Productivity Commission has ruled against putting in place emergency safeguard measures against the import of cheap processed fruits and vegetables as demanded by the local food processing industry.
By Rick Beckmann, senior foreign legal counsel, and Aldi Rakhmatillah, associate, of Susandarini & Partners, in association with Norton Rose Fulbright Australia
How should Indonesia and, more to the point, the local community, benefit from foreign investment in plantations?
An organic equivalence agreement signed yesterday between the US and Japan will reopen the Japanese market to US organic producers and could provide more—and possibly cheaper—food for US consumers.
With dwindling domestic supplies, China’s move to buy up huge quantities of milk from international markets is having a significant impact on buyers in other countries, while also bolstering dairy prices across the world.
By Rick Beckmann, senior foreign legal counsel and Aldi Rakhmatillah, associate, of Susandarini & Partners in association with Norton Rose Fulbright Australia
The Indonesian Government is planning to crack down on further expansion of groups in the powerful palm oil plantation industry and, indirectly, foreign conglomerates.
GreenPalm has announced the first certified trade of palm oil by-product for feed use, hailing the development a triumph in supply chain sustainability for food manufacturers.
The Indonesian deputy trade minister has said that after successfully increasing domestic cocoa grinding capacity the country should lower cocoa bean import duties to prevent shortages in the future.
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…
During the course of Fi Asia-Thailand, we will be looking at the logistics behind how international companies are tapping into their new Asian markets.
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.
Food companies that only use certified sustainable palm oil have been accused of “certifying destruction”, according to a Greenpeace report released to coincide with the first European Roundtable on Sustainable Palm Oil (RSPO) summit in Berlin this week.
Danish ingredients giant Chr Hansen has today rebranded itself ‘Nature’s Number 1’ as it announced a 6-platform strategic overhaul of its colours, enzymes and cultures businesses.
By Dave McLaughlin, vice-president of agriculture, WWF US
Currently, RSPO certified palm oil represents 15% of global production, and many of the global brands have made commitments to source 100% certified palm oil by 2015.
Beverage and packaged food wholesalers in Australia are being put under extreme pressure by the country’s dominant supermarkets, which have been bypassing them by going directly to the manufacturers.
Australia’s ruling party has committed to ending the long-drawn-out tussle between the country’s supermarkets and its food processors and suppliers to fix a voluntary code of conduct.
India’s food production industry is being crushed under alarming post-harvest losses that may cross US$36bn in 2013-14, new research into the country’s agri-processing sector has revealed.
Boosting industry commitment to sustainable palm oil, the impact of upcoming EU regulation and improving certification credibility are among the topics on the agenda at the first European Roundtable on Sustainable Palm Oil (RSPO) summit.
British authorities have called a nationwide alert to warn of the increasing quantity of fake manuka honey finding its way onto the country’s retail shelves.
China's Ministry of Commerce will launch an investigation into Indian imports of tert-butylhydroquinone (TBHQ), a preservative that is widely used in the food industry.
A move by Chinese authorities to begin a pilot scheme that will eventually require all baby formula sold in the country to be distributed by pharmacies or equivalent stores has been criticised for not addressing the real problem of safety.
A Western certification company is preparing to move into Pakistan, where it says the adoption of BRC standards is of huge benefit in a country looking to find its feet after the political turmoil of recent years.