Social climbers: Aussies plump for premium chocolate
Lindt, Ferrero and artisanal chocolatiers could be set to profit from thriving demand for premium chocolate in Australia, market analysts Leatherhead Food Research say.
Archives for December 17, 2013
Takeover Panel steps in to bring order to Warrnambool mess
Australia’s Takeover Panel has called the revisions made to the fraught takeover deal by Saputo of Warrnambool Cheese and Butter “confusing” and “disrupting” as it attempted to simplify the heated three-way bidding war for the Australian dairy manufacturer.
Typhoon-hit farmers begin massive replanting programme
One month after Typhoon Haiyan struck a devastating blow to the Philippines, farmers who lost essential crops and supplies are receiving the first wave of emergency seeds, restoring hope for a productive planting season and much-needed food for the...
SPX lands $50m Synutra France infant formula plant contract
SPX has landed a contract worth more than $50m (€36m) to kit out Synutra International’s first infant formula manufacturing plant in Europe.
Red Bull targets China for expansion (UPDATED)
Red Bull is planning to roll out its best-selling energy drink in China after gaining the necessary permissions, and is building an office in Shanghai, a spokesperson told FoodNavigator-USA. The news was initially reported in Austrian newspaper Kronen...
Hershey ups palm oil pledge but Greenpeace wants more
Hershey has committed to purchasing 100% traceable and sustainably-sourced palm oil by the end of 2014. Greenpeace has welcomed the move, but has reservations about timelines and terminology.