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All news articles > February 2005
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28-Feb-2005
Tate & Lyle launches dairy alternative
Tate $ Lyle has chosen the Food Ingredient Asia-China expo as the launching pad for its new emulsifying protein for coffee creamers and filled powdered.
Nestlé, Indofood create culinary product JV
Indonesia's largest noodle producer Indofood Sukses Makmur has joined forces with the world's biggest food company Nestlé to create a new joint venture which will expand production and marketing of the two firms' various culinary product brands.
Whey-based film promises cost and environmental savings
Scientists in the US have discovered a new way of use dairy byproducts to preserve fresh foods, a discovery that could save money and lead to less packaging waste. Anthony Fletcher reports.
24-Feb-2005
Food suppliers face continued freight rate rises
Food and raw material suppliers are still experiencing rising freight costs and a continued shortage of capacity, according to a new survey.
23-Feb-2005
Chinese vitamin C maker in antitrust complaints
Bulk vitamin C manufacturer China Pharmaceutical Group has been named in three separate antitrust complaints filed in the US, according to its chairman Cai Dong Chen.
Nestlé expands ice cream lines in China
Suppliers of ingredients to the developing ice cream market in China will welcome news that Nestlé, the world's number one food maker, will deepen penetration and sharpen competitiveness in this burgeoning market through new launches.
Foreign investment frenzy over Vietnamese dairy share sale
Foreign investors last week snapped up a 15 per cent stake in leading Vietnamese dairy company Vinamilk, enabling it to extend its competitive edge over nearest rival Dutch Lady Vietnam and also channel investment into expanding its product portfolio, Tom Armitage reports.
22-Feb-2005
Fonterra woos Australian dairy farmers with talks of unity
Fonterra's CEO, Andrew Ferrier, arrived in Victoria, Australia yesterday as part of a last-ditch attempt to convince Australian dairy farmers to back the dairy co-operative's bid for the country's leading dairy company, National Foods - one week before the expiration of its latest share offer, Tom Armitage reports.
Chinese cattle science investment to up dairy productivity
China has reportedly poured nearly US$50 million into research and development (R&D) for its domestic dairy sector over the past three years in an attempt to tackle some of the obstacles holding back one of the world's most rapidly expanding dairy industries, Tom Armitage reports.
21-Feb-2005
Vietnam to host bird flu conference this week
The United Nations Food and Agriculture Organisation (FAO) is to host an international conference on the current avian influenza outbreak in Ho Chi Minh city, Vietnam, later this week which will focus on the long-term measures needed to combat the disease. The hope is that a solution can be found quickly, amid growing concerns that bird flu could become the next global pandemic, writes Chris Jones.
Fonterra CEO alerts dairy industry to rising soy threat
Andrew Ferrier, Fonterra's CEO, today reiterated calls for a united dairy industry amid the mounting threat of cheaper soy, nut and rice-based dairy alternatives, Tom Armitage reports.
Rexnord offers improved conveyor belt technology
Rexnord is using the up-coming Interpack 2005 event to display the latest developments in conveying technology, including wear-resistant belts and high-speed applications for PET bottles.
Australia looks towards sustainable packaging
The Australian Institute of Packaging has held a forum addressing government moves to introduce stricter accountability for recycling and the impact it will have on the industry. Speakers pointed out challenges such as recycling often proving to be more expensive and many programmes are over zealous.
18-Feb-2005
Meat and soy proteins equal role in calcium absorption
Ongoing research into the impact proteins - both meat and soy - can have on the bone health finds that calcium absorption from these two important sources of dietary protein is similar.
Scientists enter brave new world of nanotechnology
The practice of partnering computer simulations with real-world experiments is becoming more vital as scientists delve deeper into the potential of nantechnology, according to a US scientist. Anthony Fletcher reports.
Amcor profits constrained by material and restructuring costs
Restructuring costs at Amcor's PET plastics and flexible packaging divisions have contributed to a decline in first-half net profit, though the Australia-based company expects an improvement in the second half, despite the impact of higher raw material costs and a regulatory investigation. Anthony Fletcher reports.
17-Feb-2005
China Food expands capacity, despite mixed results
China Food Industries has announced plans to triple the size of its cold room facilities, despite announcing a fall in sales for the full year ending in December.
Italian drinks group joins the list of Chinese investors
International drinks groups have been lining up to invest in China in recent years, but almost all of their acquisitions have been in the beer sector where there are literally hundreds of potential takeover targets. But China's wine sector has been largely overlooked, despite its potential - until now.
Chinese firms tapping into potential of EU market
China is becoming more than just a low-cost manufacturing destination; its firms are locating in Germany as a means of gaining access to the EU market and tapping into technical know-how, writes Anthony Fletcher.
Scientists make moves to save Malaysian bananas
Scientists at the University of Derby and the University of Malaya, in Kuala Lumpur, are working on a freezing technology that aims to help save the Malaysian banana - which is in danger from being wiped out due to fungal disease.
16-Feb-2005
Fonterra develops waste-reducing recyclable labels
Fonterra has developed a label that can be recycled along with the plastic wrap that goes around pallets of goods in order to reduce the amount of waste that is sent to landfill.
14-Feb-2005
Bidders emerge for Jinro
Fourteen foreign and domestic companies, featuring some of the biggest names in the global drinks industry, are expected to slug it out for control of Jinro, South Korea's biggest spirit maker.
Solid performance from SMC in 2004
Beer was the main driving force behind a solid if unspectacular performance from San Miguel Corporation (SMC), the Philippines-based food and drink group, in 2004. But with the performance falling short of many analysts' expectations, and the government looking to sell its stake in the company, 2005 looks likely to be an uncertain period for the company.
International expansion drives growth at APB
A 15-year drive to develop a network of international breweries continues to pay dividends for Singapore's Asia Pacific Breweries, which has reported a 19 per cent increase in profits for the first quarter of 2005.
Southcorp in rude good health as it fends off Foster's
Australian winery Southcorp has reported a 50 per cent increase in net profits for the first half of fiscal 2005, a performance which has allowed the company to reinstate dividend payments for shareholders for the first time in two years and strengthen its case for rejecting a A$3.1 billion takeover bid from Foster's.
11-Feb-2005
European speciality yeast suppliers face Chinese competition
Increasing affluence and changes in diet in China to open up new opportunites for European yeast extract suppliers, but the threat from Chinese suppliers has kicked off, writes Lindsey Partos.
09-Feb-2005
San Miguel seals dairy deal amid acquisition flurry
Asian drinks conglomerate San Miguel has acquired a majority stake in King's Creameries, a Singapore-registered ice cream producer - but with new debt already financing its current expansion strategy and a €1.07 billion bid to buy Australia's National Foods on the horizon, just how long will it be able to sustain its spending spree, asks Tom Armitage.
China still a land of opportunity for foreign retailers
The world's biggest food retail groups are continuing to strengthen their positions in the massive Chinese market, buoyed by a recent relaxation of the regulations requiring them to use local partners. Carrefour and Wal-Mart are fighting for supremacy there, but Tesco is also likely to become an increasingly important player over the next few years.
08-Feb-2005
Thai curry spice attacks cancer cells, shows lab study
The Asian plant galangal, often used to flavour Thai curries, appears to both kill cancer cells and boost the cancer-fighting capacity of healthy cells, say researchers in the UK.
Fonterra extends National Foods share offer deadline
Fonterra, the New Zealand dairy co-operative, has extended its share offer to buy Australian food group National Foods to 8 March - despite National Foods' board urging its shareholders to back a rival offer from Philippines-based dairy foods and drinks conglomerate San Miguel, Tom Armitage reports.
PET continues to bite into rivals market share
Non-refillable PET is strengthening its grip on the global beverage packaging market, according to industry analyst Canadean.
07-Feb-2005
China restarts EU honey exports
Honey producers in China began exporting to the EU for the first time in nearly three years last week after the authorities in Brussels lifted a ban imposed amid safety concerns.
Chinese scientists develop bird flu vaccine
As Vietnam and Thailand batten down the hatches in a bid to contain the latest Asian outbreak of avian flu, scientists in China claim to have developed a new vaccine which can protect poultry from the virus for a longer period of time, writes Chris Jones.
04-Feb-2005
Australian wine, French anis take shine off Pernod Ricard sales
A substantial drop in organic sales growth in Asia and continued problems with its eponymous anis brands were the only low points in an otherwise impressive set of financial results for Pernod Ricard in 2004, writes Chris Jones.
03-Feb-2005
Suntory acquires Shanghai Eastern Sea Beer
The Shanghai Jinshan District Government has confirmed that Suntory Investment, a Chinese investment company, has acquired 74 per cent equity of Shanghai Eastern Sea Beer, a leading brewery company located in Zhangyan County of the district. The deal makes Suntory become the largest shareholder of Eastern Sea Beer.
World's first microwavable aseptic package developed
Tetra Pak has launched what it claims is the world's first microwavable aseptic package, a potentially lucrative breakthrough in the ever-growing ready meals market.
02-Feb-2005
New rice starch extraction method for product savings
Food technologist marks breakthrough in rice starch procurement, replacing a 60-year-old method with a more 'efficient and environmentally-friendly way' to separate a rice kernel's tightly-bound portions of starch and protein, writes Lindsey Partos.
Rice genome picture takes shape
The food industry should benefit from recent advances in tracking the rice genome, with Chinese researchers this week revealing their painstaking work could open up the way for improved strains in wheat, corn, soy and rapeseed.
Support for Chinese agricutural sector
China has announced a slew of initiatives to boost its agricultural sector in the face of rising imports and domestic producers struggling to meet demand, reports Anand Krishnamoorthy.
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