Breaking News on Food and Beverage in Asia Pacific |
All news articles > April 2006
| « Previous month | Next month » |
27-Apr-2006
Universal Robina reveals international expansion plans
Philippines-based Universal Robina will spend P5.6 billion (€87m) this year to expand its branded foods range and increase its presence in other Asian markets, URC president Lance Gokongwei told reporters last week.
Leading noodle maker to expand beverage business
Tingyi, manufacturer of China's leading instant noodle brand, MasterKong, said sales of its ready to drink beverages surged in 2005, and additional capacity being added this year will continue growth from this segment of its business.
Chinese dairies need to up R&D spend
Chinese dairies need to invest more in R&D to capitalise on future growth in added value products like milk drinks, cheese and yoghurts, advises a new report from consultants McKinsey.
Mengniu to boost brand awareness with Disneyland deal
China's Mengniu dairy says it has been named the sole dairy supplier to Hong Kong Disneyland, as well as the American entertainment park's hotels.
Higher dairy exports narrow NZ trade deficit
New Zealand's dairy export sales were up 32 per cent in March to almost $400 million, compared to the same time last year, helping the small country narrow its trade deficit for the first time in 22 months.
25-Apr-2006
Pesticide residues still high in Chinese vegetables
Some of the vegetables sold in Hong Kong's leading supermarket chains are dangerously high in pesticide residues, revealed Greenpeace last week, confirming that much still needs to be done to improve the way pesticides are used and tested in China.
San Miguel ratings upgraded
Analyst ratings for San Miguel, one of the largest food and beverage companies in the Philippines, have been upgraded to stable from negative, as the group appears to be putting the brakes on an aggressive acquisition spree.
New can facility in Vietnam
Asia Packaging Industries has broken ground on a US$39 million can factory in southern Vietnam, which is designed to meet rising demand for packaged beverages in the market.
Sidel says local services will help growth in China
The leading liquid food packager Sidel says recently opened facilities in Shanghai will make its machines more accessible for Chinese customers.
Europeans keen to add pace to Chinese processing
A large number of European firms are trying to tap into China's rapidly growing food processing sector, introducing hi-tech machinery at last week's Packaging 2006 exhibition in Beijing.
20-Apr-2006
China set to import more Danish pork
China is set to import greater quantities of Danish pork and pig byproducts, under a new agreement reached by a Danish delegation in Beijing this week.
Palm oil price to climb higher on European demand
Malaysian palm oil prices are expected to edge up by 2-5 per cent in the near future on the back of growing demand in Europe for alternative fuels, suggests a report.
Chinese can maker ORG to boost capacity
Leading Chinese can maker ORG says it will produce 1 billion food and drink cans this year, as new capacity comes on stream to meet rapidly rising demand.
Greener China would shake up packaging sector
Packaging suppliers are closely watching Chinese policy on the environment, which could impact the choice of materials favoured by food and beverage makers.
Bosch goes local in China
A new Bosch plant in China is slated to become the German packaging group's Asian headquarters, offering local confectionery makers better prices over imported machines.
18-Apr-2006
South Korea urges recall of benzene-containing drinks
South Korea's food safety authorities called on beverage makers last week to withdraw vitamin C-enriched drinks that had been found to contain the carcinogen benzene.
China boosts global pear production
The world's pear crop will reach a record high during 2005-06, thanks largely to China's increased output.
Foreign investors fighting for Chinese meat processor
Two foreign investment firms are vying to take over China's biggest food-processing company, Henan Luohe Shuanghui Industry Group, in a sale that could reach up to CNY1.5 billion (€154m) , according to a report.
High sugar prices favour corn-based sweeteners
China's production of starch-based sweeteners is expected to grow by 20 per cent in the coming year, as high sugar prices make them more competitive.
San Miguel to cut costs in China, report
San Miguel, the biggest food and drink maker in south east Asia, will close one of its breweries in southern China this year as part of a cost-cutting drive in the region, according to a report.
13-Apr-2006
Danone ups stake in Bright Dairy
Danone, the French yoghurt maker, will pay CNY358 million (€36.8m) to increase its stake in Bright Dairy, China's number three dairy company, to 20.1 per cent.
Rice trade to contract in 2006, predicts FAO
The rice market will contract slightly this year, largely as a result of expanded paddy production last year and lower demand from importing countries, predicts a new report from the Food and Agriculture Organisation (FAO).
Food importers in China face new risks
Importing new foods and beverages into China could be speeded up by this month's changes to the registration system but importers say the new procedure raises fresh concerns of its own.
Food firms take on Amcor in A$300m class action
Thousands of Australian food and beverage companies are seeking up to A$300million (€180.7m) in compensation from packaging giant Amcor in the biggest class action ever launched in Australia.
China, US to cooperate on food safety
China and the US will work more closely on issues of food safety and animal and plant health, the two countries said in a statement on Tuesday.
11-Apr-2006
Mengniu sales surge as Chinese take to dairy
China Mengniu Dairy, the country's leading milk producer by sales volume, said yesterday that its 2005 sales were up 50 per cent on the prior year, with revenue from added value products like yoghurt and milk beverages soaring.
Snow brand closing gap with TsingTao
Sales volumes of Snow brand beer rose by almost 50 per cent in China during 2005, said its owners last week, suggesting that it may have surpassed TsingTao as the nation's biggest beer brand.
Heinz completes sale of NZ poultry business
Heinz has completed the sale of its New Zealand-based poultry business, Tegel Foods, to Australian investors, Pacific Equity Partners.
Seafood sector must add value, finds report
Adding value to seafood through convenient packaging, and better communication of its origins and possible recipes, will boost fish consumption in Australia, advises a new report backed by government.
Speculation around palm oil prices as Thailand talks up biodiesel
Palm oil prices in Thailand could rise this year, if the country uses greater amounts of the vegetable oil in new biodiesel plants.
06-Apr-2006
China may trade palm oil futures
Dalian Commodity Exchange, China's largest futures exchange by volume, is considering introducing palm oil futures, allowing food processors to hedge risks on the increasingly used ingredient.
Fruit prices surge in Chinese market
Fruit prices in China are not likely to fall next month, after rising by about 20-30 per cent in most regions.
Fonterra's stake in San Lu given all-clear
Fonterra, the world's biggest exporter of dairy products, said today that it has gained approval from the Chinese government for its purchase of a 43 per cent stake in dairy company San Lu.
Tsingtao may look to new markets to sustain strong growth
Tsingtao Brewery, China's largest beer maker, saw net profit climb 7.5 per cent during 2005 thanks to higher demand for beer from Chinese consumers.
IGLO building cold storage hub for south Asia
Malaysian logistics group Haisan Resources is seeking to create a regional hub for shipping temperature-controlled foods and ingredients at an expanded facility in the Philippines.
04-Apr-2006
American Dairy shifts more infant formula
American Dairy, the owner of China's Feihe Dairy, said a 28 per cent rise in volumes sold of its Feihe infant formula drove growth during 2005, helped by promotional efforts and additional distribution.
Danone sells NZ biscuit maker to focus on Asia
Danone, the world's number two biscuit maker, is to sell its biscuit business in New Zealand, Griffin Foods, to concentrate on higher growth markets in the region such as China, India and Indonesia.
Carlsberg expands in western China
Danish brewer Carlsberg has signed another joint venture agreement in China that will see it strengthen its foothold in the western provinces.
Sports nutrition on starting block in China
High-profile media coverage of the Olympics is set to trigger a wave of sports nutrition product development in China, boosting demand for dairy proteins, believes one supplier.
Thai Beverage to launch IPO in Singapore
Thai Beverage, Thailand's largest beer and spirits maker, is planning a US$1billion share sale in Singapore after anti-alcohol protesters blocked an IPO on its home market last year, according to a report.
| « Previous month | Next month » |
Products, Brochures, Web links
Related sites
All Decision News Media Sites
Food & Beverage: Food & Beverage Development - Europe | Food & Beverage Development - North America | Food Marketing and Retailing | Food Processing & Packaging | Food Safety & Quality Control | Food and Beverage in Asia Pacific | Industrial Baking & Snacks | Beverage Technology & Markets | Confectionery & Biscuit Processing | Dairy Processing & Markets | Prepared Food and Meat Processing Nutrition: Supplements & Nutrition - Europe | Supplements & Nutrition - North America Pharmaceutical: Pharmaceutical Technology | Drug Discovery | Laboratory Equipment | Contract Research, Manufacturing & Clinical Trials Cosmetics: Cosmetics Formulation & Packaging - North America | Cosmetics Formulation & Packaging - Europe
© 2000/2009 - Decision News Media SAS - All right reserved.
