Breaking News on Food and Beverage in Asia Pacific |
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In the US Oden Corporation and Emerson's Micro Motion division are re-launching Oden's patented Mass/Blend Continuous Stream Liquid Blending Systems. The system features straight tube Coriolis metres that are said to increase blending efficiency and cut back on production costs.
In the US Oden Corporation and Emerson's Micro Motion division are re-launching Oden's patented Mass/Blend Continuous Stream Liquid Blending Systems. The system features straight tube Coriolis metres that are said to increase blending efficiency and cut back on production costs.
A significant drive from Asian rice producers has helped boost global paddy production in 2004 to an estimated record 611 million tonnes. But the Food and Agriculture Organisation says that supply is still not meeting needs, writes Simon Pitman.
Three senior executives from China dairy group Yili have been detained by police authorities allegedly investigating accusations of company embezzlement. Analysts believe the news is likely to send shock waves through the sectors as Yili is one of the country's largest dairy companies, reports Simon Pitman.
The Vietnamese Ministry of Agricultural and Rural Development says that a lack of up-to-date processing equipment is holding back progress for much of the country's food and beverage industry.
German ingredients firm Nutrinova is expanding its presence in the omega-3 market with new projects underway with Chinese supplement makers and producers of infant nutrition products.
China may become the first country in the world to operate the commercial production of genetically modified rice, ushering in cheaper and constant supplies for the popular food staple and ingredient.
Dutch Brewer Heineken is expecting beer sales in China to far exceed its own forecast market growth expectations in the next few years. Indeed, sales of its flagship brand are expected to increase by 25 per cent next year.
The investigation into a possible cartel in Australia's highly concentrated corrugated box sector has widened, exposing the problem of duopolies within the country's isolated economy.
Bunge Agribusiness Singapore, has agreed a 10-year exclusive throughput agreement with Phu My Port inVietnam. The agreement aims to enhance Bunge's position as the leading supplier of soybean meal to the growing Vietnamese animal feed and livestock industries.
China continues to pull on global commodities with demand for US soybeans rising in 2004/05 by nearly 50 per cent on the previous year, reports Lindsey Partos. China's total contracts for soybeans reached 6.6 million tonnes by 18 November, a 44 per cent rise on the same period last year, according to the US department of agriculture.
Supplies for a range of vegetable oils used extensively by the food industry are slated to rise for 2004/05 year on stronger yields for peanuts, soybeans and rape seed oil, building up global stocks to about 390.5 million tons.
In Thailand Coca-Cola expands production of non-returnable bottles, while in China sugar produciton is up and olive oil imports begin to make their mark.
The New Zealand dairy giant has threatened to walk away from it takeover bid for Australian-based National Foods on the grounds that the AUD$2 billion (€1.14bn) asking price is too much.
The latest trade figures between China and the EU reveal that the balance of food and drink exports is continuing to swing in favour of the People's Republic.
Global drawdown in cereal stocks, the essence of a raft of ingredients, may turn the corner this year as a new report from the UN food agency predicts world cereal production will hit a record 2.04 billion tonnes in 2004, an increase in inventories for the first time in five years.
Although new EU regulations could bring increasing opportunities for Asian food companies, many European businesses see it as a threat. But whilst Hungarian food canning companies say their future existence could be threatened, manufacturers in Thailand are bemoaning strict EU GMO regulations, write Chris Mercer and Simon Pitman.
Nestlé has hit back at a Chinese consumer who brought about a lawsuit disputing that the Swiss food giant's infant formula is not made from whole milk. The action is a particularly sensitive issue in light of this year's baby food poisoning scandal, of which Nestle had no involvement.
Beer giant Anheuser-Busch has continued to extend the reach of its Asian business following its announcement to form a co-operation agreement with Vietnam's largest brewer, Saigon Beer.
At 3.15 million tonnes world tea production in 2003 beat 2002 supplies but prices remained firm reflecting season variability, reports the UN food and farm body, adding that China has pushed up green tea supplies.
Japanese aspartame supplier Ajinomoto will ramp up production of its sweetener on the back of growing demand for low calorie food and beverages, the Tokyo-based firm announced this week.
Foreign companies' profits in China may have increased rapidly in the past four years, but they remain modest in comparison with other countries with smaller markets and slower growth, according to a surprising new report. Anthony Fletcher reports.
Danish ingredients company Chr Hansen has licensed the use of a genomics tool to improve knowledge of how probiotic bacteria work. It could help the firm develop new probiotic bacteria with superior benefits over existing products.
China has been the dominant supplier of many herbs, spices and ingredients to the Russian market for the last 10 years, but a reduction in Chinese crop areas to make way for more profitable products has given local growers from the CIS a chance to up their exports, reports Angela Drujinina.
With the market for canned food doubling in size in the course of the last eight years, further growth is expected in line with the rapidly expanding China economy in the coming years.
Jinro, South Korea's largest spirit producer, has confirmed that it will invite bids by the end of this month, a move that aims to raise $2 billion (€1.5 bn) and allow the bankrupt company to pay off its creditors. Simon Pitman reports.
In Malaysia DBE Gurney Resources says its latest RM26 million (€5m) investment in a new chicken processing facility is part of aims to to cash in on the global export market. Simon Pitman reports.
San Miguel says it is looking to expand its food and beverage business outside of the Asian market, building on moves introduced earlier this year to extend its business beyond the domestic market and into Asia. Simon Pitman reports.
Wal-Mart China has confirmed that it is opening up its first store in Shanghai. The store is due to open up next year and the company has confirmed that recruitment of staff has begun, reports Simon Pitman.
Around the region we look at new labelling regulations for fresh produce in China, Brumby's Bakeries expanding beyond its domestic Australian market and into Asia, as well as the effect of the EU's new GMO regulations on Thailand's food industry.
George Gordon Associates has launched the AccuWrap FG-2000W, a seven-axis, servo-controlled, food-grade wrapper with wash-down capability.
The Thai government is coming under increasing pressure to introduce new measures to eradicate the further spread of bird flu, which has already decimated the country's once burgeoning poultry industry. Simon Pitman reports.
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