News & Analysis on Food & Beverage Development & Technology
Coca-Cola India's bottling arm Hindustan Coca-Cola Beverages has confirmed it has suspended manufacturing at its Kaladera plant in Rajasthan, while media reports suggest other plants in Andhra Pradesh and Meghalaya have also stopped production.
Dutch ingredients producer Barentz International has established a new joint distribution venture in Iran with Future Way Holding, to tap into the formerly-restricted market.
UAE food producer Agthia’s full-year profit for 2015 rose 20% to hit $62.9m (€56.3m) thanks to strong consumer sales, as the company aims to become a billion dollar firm by 2020.
The sale of Kuwaiti food giant Americana is finally going ahead, as GCC investors buy 69% of the firm for a rumoured US$2bn (€1.79bn) after nearly two-years of negotiations.
Anchor Finely Filtered Milk, with a new microfiltration technology to extend shelf life by 40%, has been introduced in the Australian state of Victoria.
EGYPT ROUNDUP: There was confusion as Egypt rejected wheat from Bunge and backtracks on price reforms, but food producers announce strong profit growth and plan investments.
Asia-Pacific will outpace overall growth in the global foodservice disposables market, according to Technavio’s latest report on the segment.
The Tripod Farmers salad leaf Salmonella anatum outbreak has reached 144 cases nationally.
Saudi Arabia has adopted the Best Aquaculture Practices (BAP) certification scheme for all aquaculture projects, with all existing firms required to gain BAP certification this year.
New rules for exporters to Egypt to register their factories and submit to inspections may hit food producers, as it will reduce “unnecessary imports”, says Egypt’s top banker.
Japanese manufacturer Yamazaki Baking has increased its bread sales in the past year despite the impact of cost-conscious consumers and rising raw material prices.
South Asia radius
India’s food regulator has been forced to push back its company registration deadline after just 3.3m out of 50m businesses obtained a licence.
India
India’s food processing minister has again called for foreign direct investment in multi-brand retail for food items grown in India as a means to create jobs and drive down inflation.
Member countries of the Food and Agriculture Organization (FAO) are being urged to lobby the UN body to clarify its position on edible insects.