Breaking News on Food and Beverage in Asia Pacific |
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The Coca-Cola Company opened its first plant in northwestern China yesterday to cater for almost 60 million consumers in the region, it said.
Bird flu outbreaks will continue to take a toll on Asia's poultry market but there in some areas prices are starting to pick up, said the Food and Agriculture Organization today.
Australian ingredients and food group Burns Philp cashes in on value creation to fund future investments, spinning off its baking, spreads and oils divisions into a separate firm.
South Korean beverage maker Lotte Chilsung Beverage said yesterday that it had bought Chinese drinks company Beijing Huabang Food for 3.1 billion won (US$3 million), in a drive to boost sales.
Out to capture the projected double-digit growth in lactic acids in Asia, Purac has signed off €98 million to build a new plant in Thailand.
Food Ingredients Asia opens in Kuala Lumpur next week, attracting food makers from all over southeast Asia and beyond.
Australia has lifted its ban on France's famous Roquefort cheese after more than 10 years of safety worries, offering hope of a change in fortunes for speciality cheese down-under.
A UK lobby group is targeting the Malaysian and Indonesian palm oil industries, claiming that intense farming of plantations is threatening the orang-utan with extinction.
Heavy demand for food and beverage package in Vietnam has been cited as the main reason why San Miguel's packaging operations in the country have reported a double-digit growth in revenues for the first seven months of the year.
Danisco's wholly owned subsidiary, Genencor International, is looking to exploit growing opportunities in China's enzymes sector.
India's number two tea maker Tata Tea is on the acquisition trail in the US, where it plans to gain a greater share of the specialty tea market.
Charoen Pokphand Foods, the leading Thai agribusiness, has taken over the meat processing activities of sister firm C.P. Interfood as part of the group's consolidation in food products.
Novis, the publisher of AP-FoodTechnology.com, 22 other business news websites and more than 50 specialist e-newsletters, is today changing its name to Decision News Media, to convey theeditorial ethos that has made the group's news services into market leaders.
Australian brewer Lion Nathan has responded to last week's objections by Coopers, the subject of a hostile takeover by the firm, with similar claims of foul play.
New Zealand dairy group Fonterra will today unveil a range of dairy protein crisps with up to 80 per cent protein content for use by makers of energy and sports bars as well as healthy and slimming snack foods.
Belgian brewer InBev is making further inroads in the Chinese market, announcing this week that it has bought the remaining 30 per cent of Ningo-based brewer K.K.
A mustard variety rich in beta-carotene is being developed in India to enhance the vitamin A status of populations in developing countries.
South Korea officials are planning to step up inspections of imported Chinese freshwater fish after finding cancer-causing chemicals in some fish sent from the country.
Leading vitamin and specialty chemicals maker DSM opened its first research and development centre in China today, designed to help it achieve strong sales growth from this market in the next three years.
Foster's has taken a streamlined approach to 'brand Australia' on the world wine market, announcing two wineries will be sold off as the firm tries to realise cost-savings from its Southcorp buyout.
Swiss food giant Nestle has stepped up its marketing in China to win back customers after its recall of milk powder products earlier this year.
Australia has imposed an indefinite ban on the Selecta ice cream brand over fears that its ingredients could be affected by the incidence of foot and mouth disease (FMD) in the Philippines.
Indian researchers have developed a cashew nut sheller for use in a processing plant with cashew shelling capacity of 100 kg per hour,
Danish brewer Carlsberg will pay Thailand's Chang Beverages $120 million to settle a two-year dispute over a joint venture, it said this week.
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