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All news articles > August 2004
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27-Aug-2004
Lock opens up in Asia
UK-based Lock Inspection Systems, a leading manufacturer of weighing and metal detection system, has announced the opening of a regional commercial office for Asia-Pacific to meet with growing demand for its products across the region.
Palm oil demand prompts new European venture
Premium Nutrients, a Malaysian producer of oils and fats, is looking to step up its investment in the EU over the next three to four years, with a resulting 10 per cent increase in turnover to around RM56 million in 2005.
SABMiller announces China greenfield site
China Resources Breweries Limited, an associate of South African-based SABMiller and a subsidiary of China Resources Enterprise, is set to invest $82.2 million (€68m) in the construction of a new brewery in the city of Dongguan, in the south-east Chinese province of Guangdong. The investment will increase SABMiller's share of what is currently one of the most dynamic beer markets in China.
26-Aug-2004
Innovation in packaged veg
Although Asian consumers have traditionally sought out their vegetables in 'wet' markets, a lack of time and increasing income levels is leading to a boom in the packaged vegetables sector, as the latest releases from Mintel testify.
25-Aug-2004
Sugar industry defends its prime ingredient
The contribution that the common sweetener ingredient sucrose has made to the growing incidence of obesity is the focus of a dispute between the US sugar association and a New Zealand scientist.
Bird flu spreads to pigs
Authorities in China are trying to calm fears over the spread of the deadly avian influenza strain H5N1 to pigs by stating that recent tests carried out on pig farms in the country have shown that the animals are now clear of the disease.
20-Aug-2004
New Dragon continues strong results
New Dragon Asia, a leading producer of flour and flour-related products to the China market, has reported strong results for its second quarter, reflecting increasing sales, net income and the gross profit margin caused by improvements in the company's flour business and economies from its new packaging facility.
FAO sets up Asian network to deal with bird flu resurge
Just as evidence begins to mount that bird flu is on the rise in Asia again, a veterinary network for Southeast Asia has been launched to bolster the campaign against avian influenza, the UN-backed Food and Agriculture Organisation has announced.
Tetra Pak targets Asian Lactose Intolerence
Finnish dairy firm Valio has joined up with Tetra Pak to market its production technology for lactose-free milk outside its home market. The firm is particularly hoping for strong sales in Asia where a high incidence of lactose intolerance should make the product more compeitive against soy milk.
19-Aug-2004
Heat is on for soft drinks in Thailand
Thailand's tropical climate is said to have fuelled the country's thirst for soft drinks, with consumption growing steadily in recent years. The latest report from Canadean points to the fact that rapid consumption of bottled water and niche drinks is currently one of the main drivers forces, a factor that is holding back the growth of soft drinks.
17-Aug-2004
APB shakes off SARS
Singapore-based http://www.apb.com.sg/Asia Pacific Breweries (APB) has continued its steady sales growth for its operations in the region, after returning third quarter results that pushed the company's revenue for the first nine months of the year up a further 9.5 per cent.
16-Aug-2004
Solbar sets up China base
Soy protein manufacturer Solbar has opened an office in Shanghai to allow it to meet the rapidly growing demand for soy products in China. It launches just ahead of local production, scheduled to start in January next year at a new China facility.
13-Aug-2004
Vietnamese rice export ban gives boost to Thailand
Analysts believe that the ban on Vietnamese rice exports is likely to give Thailand an added edge, helping to increase demand and prices, while extending its leading position on the world export market.
Spreads market boosted by 'healthy' launches
The market for fats and spreads in Asia Pacific is evolving rapidly, with increasing numbers of launches concentrating on the low fat and fortified products. The latest look at the Mintel databases also reveals that dairy and vegetable fat combinations are growing in popularity and are contributing significantly to the overall growth of the market.
12-Aug-2004
Taiyo acquires Chinese green tea manufacturer
Japanese functional food ingredients firm Taiyo Kagaku is set to increase its share of global green tea sales with the recent acquisition of Chinese green tea extract manufacturer Wuxi Green Power Bio-Product.
News round-up: Vietnam
The coverage from Vietnam includes news about dried fruit processor Sannam which has just opened a chemicals-free processing plant, Calofic opening up an $8 million cashew processing plant and US trading firm PCW searching for Vietnamese packaged foods.
06-Aug-2004
SMC ups profits, eyes further regional growth
San Miguel Corporation, the largest food and beverage group in southeast Asia, has reported a steep increase in both its turnover and net profits for the first six months of the year. The figures come on the back of increasing activity outside the domestic market and coincide with its announcement to form a joint venture with an Australian fruit juice manufacturer.
China's beer market: still room for investment
Over the course of the last few months the China beer market has witnessed frenzied activity as international brewery companies race to increase their footprint in what is now the world's second largest market by volume. But with the immense size of the market and development still a long way behind western Europe, the latest report from Access Asia suggests that there is still a great deal of room for further investment and development.
Thai government pushes rice exports
The Thai government says it is looking forward to strong growth in its burgeoning rice export industry during the course of the next three years, as the nation races to extend its lead in the market. However, market analysts believe that tough market conditions might make the course difficult.
News round-up: China exports up
The Chinese government has reported a 10.5 per cent growth in agricultural exports for the first half year of 2004, reflecting an increasing competitiveness of its products on the global market.
05-Aug-2004
China embraces biotech potato seed
Penn Biotech, a Canadian firm specialising in agro biotechnology, says that it's Chinese subsidiary has received a request from one of the world's largest potato processors to initially supply over 1.3 million pounds of seed potatoes during the course of 2005. The move forms part of the Chinese government's directive to shift the country away from its reliance on rice as the primary staple.
Asian cooking gets adventurous
Cooking sauces are the focus of this week's product launch, which reflect the increasing diversity of the market and a willingness to experiment in new cuisines for the region.
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