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All news articles > December 2006
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21-Dec-2006
PepsiCo seeking Australian snack acquisitions, report
US beverage and snack food giant PepsiCo is hunting for acquisitions in Australia after spending A$215 million on New Zealand's Bluebird Foods earlier this month, according to a report.
China clamps down on corn use in biofuels
China will restrict the use of corn for producing biofuel in a bid to keep corn prices down and protect its growing food industry.
Cadbury sues Amcor for overcharging
Confectionery giant Cadbury Schweppes is suing Australian packaging company Amcor for more than A$120 million (€71.5m) over claims that Amcor overcharged for cardboard and PET plastic bottles while operating a price-fixing cartel with packaging rival Visy.
Kirin, SAB Miller expand presence in China
SABMiller, one of the world's biggest brewers, is establishing a major presence in China through its joint venture China Resources Snow Breweries, which last week said it would acquire two breweries in northern China for a combined US$22.4 million.
Chinese economy boosts food industry
China's food industry has grown a further 23 per cent during the first ten months of the year, helped by a buoyant economy and supportive government policies.
20-Dec-2006
ABF Ingredients seeking expansion in China
Food and retail group Associated British Foods (ABF) is actively looking for opportunities to increase its presence in China's ingredients market, and could make an acquisition in the coming year, according to the unit's chief executive.
Korean food makers to cut trans fats, say officials
South Korean snack and fast food makers are considering reducing or even eliminating the use of trans fats by the end of 2008, according to a report.
World's largest vinegar plant under construction in China
Two Singaporean firms, Tee Yih Jia Food and Super Coffeemix, are working with Chinese firm Jiangsu Hengshun Sauce and Food on building the world's largest vinegar factory in Zhenjiang city, Jiangsu province.
19-Dec-2006
Danone sets up joint venture with China's Mengniu
French biscuits, water and yoghurt group Danone said yesterday that it had signed a joint venture with China's leading dairy Mengniu to cooperate in the production and distribution of fresh dairy products in China.
Asia's organic food industry coming of age
Asia's organic food industry has surged in recent years, with a marked increase in both consumption and production in the region, shows a new report.
14-Dec-2006
China pushes oligosaccharide use
China wants to boost consumption of the gut healthy carbohydrates, oligosaccharides, including the ingredient in next year's public health improvement programme.
Ferrero hanging on court decision for Chinese expansion
Italian chocolate maker Ferrero's ongoing battle with copycat products in China is hindering its growth in the booming market, and continues to erode the brand's value, says the company.
New food processing park to boost Vietnamese exports
Vietnam's first industrial park catering solely to food processors is set to boost the country's position in value-added products for export markets, says the project's founder.
McDonald's New Zealand changes to healthier oil
McDonald's New Zealand said yesterday that it would replace its frying oil with a blend that is lower in saturated fat and virtually trans-fat free.
Yili expands ice-cream, yoghurt production
China's biggest dairy group Yili is investing further in the ice-cream market, revealing a plan to spend CNY215.5 million (€20.8m) on two new ice-cream production facilities.
12-Dec-2006
Chinese consumers concerned about food safety
Chinese consumers are worried about the safety of their food and want the government to do more to improve quality standards, suggests a new survey.
F&N raises funds for food and beverage growth
Singapore conglomerate Fraser and Neave has sold a 14.9 per cent stake in the group to raise funds for expansion of its food and beverage business.
Asian Citrus eyes new taste for juice in China
Asian Citrus, China's largest orange plantation owner, is readying to launch high-value, freshly squeezed orange juice for wealthier Chinese consumers happy to spend more on convenient food products.
US passes bill to normalise trade with Vietnam
US food and agri group Cargill has welcomed last weekend's move by the US Congress to pass a bill granting permanent normal trade relations (PNTR) to Vietnam.
Fonterra to set up dairy farm in China
New Zealand dairy co-op Fonterra said today that it will set up a best practice dairy farm in China to provide quality milk for Shijiazhuang SanLu, the Chinese dairy in which it holds a 43 per cent stake.
07-Dec-2006
PepsiCo buys New Zealand's Bluebird Foods
PepsiCo Australia has bought leading New Zealand snack maker Bluebird Foods for NZ$245 million (€126.6m), it announced yesterday.
National Foods recalls milk with E.coli risk
Australian dairy National Foods has recalled several thousand litres of its Pura brand milk, citing fears that it could be contaminated with the E.coli bacteria.
Australian dairy rolls out 'healthy' milk in China
Australian dairy company Montec has started the rollout across China of its 'healthier' milk, hoping to appeal to the Chinese awareness of food's nutritional qualities.
China delays GM rice, again
China, the world's biggest rice producer and consumer, has further delayed the introduction of genetically modified rice amid growing concerns about biosafety.
Orion starts confectionery production in Vietnam
South Korea's Orion Corporation has opened its first confectionery plant in Vietnam allowing it to expand its sales in fast-growing market and the surrounding region.
05-Dec-2006
Australian food firms urged to avoid GM canola
Environment campaigner Greenpeace is urging Australian food makers to resist use of genetically modified canola, which has entered the market in the wake of a sharp drop in domestic output.
China's VV Group seeks higher profits as soymilk sales fall
VV Group, China's leading soymilk producer, has bought a stake in an alcohol maker as it looks for more profitable business to counter falling soymilk sales.
Plantic eyes new applications in beverage sector
Plantic, the Australian producer of corn starch-based packaging, is developing a new biodegradable barrier film that could replace conventional materials used inside bottles to stop oxidation of beverages.
Meiji launches fresh milk in China
Asia's biggest dairy, Japan's Meiji, has started shipping pasteurized milk directly to Shanghai from Japan, the first time a foreign dairy has supplied fresh milk to the rapidly growing market.
Glanbia's first Asian plant to tap infant formula demand
Irish dairy group Glanbia is to build its first Asian production plant in China to supply nutritional ingredients to the region's booming infant formula market.
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