After 20 years of doing business in China and the Asia Pacific,
Irish-based dairy and ingredients group Glanbia has established its
first plant in the Chinese city of Suzhou, near Shanghai.
NutraCea has announced plans to construct the largest rice bran oil
refinery in the world, a move that comes just months after the firm
entered the edible oil market.
Ingredients firm Natreon is set to expand its reach in the Asian
market after teaming up with Maypro, a US-based firm with a strong
presence in the Japanese and Asian markets for functional foods and
dietary supplements.
The European Commission has imposed anti-dumping tariffs of almost
40 per cent on monosodium glutamate (MSG) imported to the EU from
China, following an investigation into the effects of lower-priced
imports on EU industry.
There is evidence that European potato starch suppliers are losing
out to Chinese competitors, as anti-dumping measures drive rampant
growth for leading Chinese starch maker.
Western suppliers and manufacturers are contributing to earthquake
recovery in China while trying to cope with the effect the quake
has had on their operations.
Purac has officially opened its new lactic acid factory in
Thailand, where it hopes to build on lactic acid growth in Asia as
well as cutting production costs.
Danish ingredients group Danisco today inaugurated a new
application and research facility in China, which the firm hopes
will help it further expand operations in an "important growth
area".
French supplier Fytexia has launched three specialty ingredients on
the Chinese market in a bid to tap into the growing numbers
consuming food supplements in the world's fastest growing economy.
Ocean Spray is continuing to push into the Asia-Pacific
bakery market with a new partnership with Taiwan-based baker
ChiaTe, the company announced yesterday.
Swiss chocolate company Barry Callebaut is to purchase a 60 per
cent share of Malaysia's KL Kepong Cocoa Products in a move
designed to increase its sourcing capacity in Asia.
Bakers in New Zealand will now by law have to fortify
bread products with iodine, as regulators in the country attempt to
boost consumption of the essential nutrient.
Ingredients company Danisco is responding to growing markets in
India with the opening of two new manufacturing units focusing on
functional systems and enzymes.
Dairy and ingredients firm Friesland Foods Kievit has constructed a
new drying plant in Indonesia for producing encapsulated
products to expand the group's portfolio in the wider Asian region.
Only one year after moving into Taiwan, US bakery firm Dunkin'
Donuts plans to open 100 new shops in Shanghai and the surrounding
provinces over the next ten years, the company announced last week.
Institut Rosell-Lallemand has teamed up with Ranbaxy and Aristo
Pharmaceuticals to distribute supplements based on a probiotic
bacteria, which will see it become available in the massive Indian
market for Irritable Bowel Syndrome.
Coca-Cola Amatil (CCA), a major soft drinks producer in Australia
and Asia, has acquired the country's Bluetongue brewery brand to
extend its premium beer focus in a bid to further diversify its
revenue stream.
Carlsberg will strengthen its position in Vietnam's burgeoning
economy with its new brewery built in association with a
domestic partner, the company announced this morning.
Nutracea announced it has received an opening purchase order from
network marketing company the Cosway Corporation for launch of its
stabilized rice bran in Southeast Asia.
New Zealand today launched a major initiative to boost its food and
beverage exports, including NZ$19m earmarked for new market
development and a roadmap for innovations.
Australia can adopt commercialised genetically modified (GM) canola
production without compromising its organic agriculture, say new
findings from the Australian Bureau of Agricultural and
Resource Economics (ABARE).
Energy drinks giant Red Bull may need to reconsider its expansion
plans for the Asia Pacific region if it is to capitalise on massive
potential in the area for energy drinks, says a new report by
Euromonitor.
A possible move by the Chinese government to repeal tax incentives
for foreign investors could prove a massive setback to the
country's food industry, warns an expert on Asian affairs.
Dutch infant nutrition group Numico is to increase its stake in
Indonesian company Sari Husada to capitalise on major growth in the
country for nutrition and health products.
Coca-Cola's Australasian bottler may offload its operations in
Korea, as it reviews its operations in the country amidst declining
sales of its brands, due to consumer health concerns.
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.
Unilever, the world's second largest food company, is to increase
its focus on its Chinese operations to allow the country to meet
its potential as a market leader in the Asia Pacific food industry.
China has consolidated its position as one of the world's leading
tea producers as export demand continues to drive growth in the
sector, according to figures by China's chamber of commerce for the
import and export of foodstuffs...
China is one of five nations worldwide set to drive massive growth
of in the carbonated drinks market by 2011, according to a new
report by consumer analyst Euromonitor.
Honk Kong based funds management firm, Value Partners, could be set
to invest in the growing Chinese monosodium glutamate (MSG) and
fermentation market, according to local news reports.
China, South America and Europe combined to offset disappointing
performances in North America and South Africa during brewer
SABMiller's third quarter.
Globalisation is creating a challenging environment for Australia's
food industry but has also opened up new markets with strong
potential, finds a new report.
Two Singaporean firms, Tee Yih Jia Food and Super Coffeemix, are
working with Chinese firm Jiangsu Hengshun Sauce and Food on
building the world's largest vinegar factory in Zhenjiang city,
Jiangsu province.
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.
Asian Citrus, China's largest orange plantation owner, is readying
to launch high-value, freshly squeezed orange juice for wealthier
Chinese consumers happy to spend more on convenient food products.
Asia's biggest dairy, Japan's Meiji, has started shipping
pasteurized milk directly to Shanghai from Japan, the first time a
foreign dairy has supplied fresh milk to the rapidly growing
market.
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.
Chocolate giant Cadbury will spend NZ$20 million (€10.3m) to expand
production of chocolate crumb in New Zealand, allowing it to meet
forecast growth in demand from the Asia-Pacific region, it
announced yesterday.