The European food and beverage industry could benefit from joint business opportunities in China, says Commissioner, especially for products that have already gained recognition on that market.
The first food-testing laboratory in China recognised to reach international standards for pesticide screenings, melamine and heavy metal testing and microbiological analyses, was opened last month by Eurofins in Suzhou.
Food and beverage companies should look to Asia to bolster their business in times of economic crisis, while differentiating their products closer to home, according to a Frost and Sullivan analyst.
DSM has linked with the North China Pharmaceutical Group Corporation in three separate projects that will see DSM take a minority 10 per cent share in the Chinese company.
Barry Callebaut has sold its Van Houten Singapore consumer chocolate business to Hershey so it can concentrate on its manufacturer and gourmet customers targeting the Asian market.
Amidst ongoing restructuring of its global operations, Anheuser-Busch InBev says it has agreed to sell off its holding in Tsingtao Brewery, though remains committed to the wider Chinese beer market.
Cargill’s texturizing business is opening offices in Australia and New Zealand to serve local markets as well as customers meeting burgeoning demand for dairy products in Asia Pacific.
Symrise today inaugurated a new pilot plant for flavour encapsulation at its Singapore facility, which the company says is one more step in its expansion in the region.
New Zealand-based dairy group Fonterra says that a branded milk powder marketed in Bangladesh has been cleared for sale in the country after impendent testing found the product free from the industrial chemical melamine.
Two of the world’s leading suppliers and manufacturers of dairy goods have moved to play up their commitments in China as the legacy of the ongoing melamine scandal continues to impact on their operations.
After 20 years of doing business in China and the Asia Pacific,
Irish-based dairy and ingredients group Glanbia has established its
first plant in the Chinese city of Suzhou, near Shanghai.
NutraCea has announced plans to construct the largest rice bran oil
refinery in the world, a move that comes just months after the firm
entered the edible oil market.
Ingredients firm Natreon is set to expand its reach in the Asian
market after teaming up with Maypro, a US-based firm with a strong
presence in the Japanese and Asian markets for functional foods and
dietary supplements.
There is evidence that European potato starch suppliers are losing
out to Chinese competitors, as anti-dumping measures drive rampant
growth for leading Chinese starch maker.
Western suppliers and manufacturers are contributing to earthquake
recovery in China while trying to cope with the effect the quake
has had on their operations.
Purac has officially opened its new lactic acid factory in
Thailand, where it hopes to build on lactic acid growth in Asia as
well as cutting production costs.
Danish ingredients group Danisco today inaugurated a new
application and research facility in China, which the firm hopes
will help it further expand operations in an "important growth
area".
French supplier Fytexia has launched three specialty ingredients on
the Chinese market in a bid to tap into the growing numbers
consuming food supplements in the world's fastest growing economy.
Ocean Spray is continuing to push into the Asia-Pacific
bakery market with a new partnership with Taiwan-based baker
ChiaTe, the company announced yesterday.
Swiss chocolate company Barry Callebaut is to purchase a 60 per
cent share of Malaysia's KL Kepong Cocoa Products in a move
designed to increase its sourcing capacity in Asia.
Japan's leading chocolate maker Meiji Seika has recalled a range of
confectionery products, after it was discovered that they contained
a novel sweetener made with an unapproved genetically modified
enzyme.
Ingredients company Danisco is responding to growing markets in
India with the opening of two new manufacturing units focusing on
functional systems and enzymes.
Dairy and ingredients firm Friesland Foods Kievit has constructed a
new drying plant in Indonesia for producing encapsulated
products to expand the group's portfolio in the wider Asian region.
Only one year after moving into Taiwan, US bakery firm Dunkin'
Donuts plans to open 100 new shops in Shanghai and the surrounding
provinces over the next ten years, the company announced last week.
Coca-Cola Amatil (CCA), a major soft drinks producer in Australia
and Asia, has acquired the country's Bluetongue brewery brand to
extend its premium beer focus in a bid to further diversify its
revenue stream.
Carlsberg will strengthen its position in Vietnam's burgeoning
economy with its new brewery built in association with a
domestic partner, the company announced this morning.
Energy drinks giant Red Bull may need to reconsider its expansion
plans for the Asia Pacific region if it is to capitalise on massive
potential in the area for energy drinks, says a new report by
Euromonitor.
Dutch infant nutrition group Numico is to increase its stake in
Indonesian company Sari Husada to capitalise on major growth in the
country for nutrition and health products.
Coca-Cola's Australasian bottler may offload its operations in
Korea, as it reviews its operations in the country amidst declining
sales of its brands, due to consumer health concerns.
Asia Pacific Breweries posted a 7.3 per cent rise in organic growth
through its first quarter results, as it increases its presence in
the region to meet growing demand for its products.
China, South America and Europe combined to offset disappointing
performances in North America and South Africa during brewer
SABMiller's third quarter.
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.
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.
Three Malaysian oil plantation firms are to merge to create the
world's largest listed palm oil producer, accounting for 6 per cent
of global production, revealed adviser CIMB Investment Bank
yesterday.
Poultry processors in Australia are expected to implement
'significant price increases' for chicken meat, as drought leads to
surging grain prices, a major production cost for the country's
chicken farmers.
Belgian lactic acid producer Galactic will double capacity at its
joint venture plant in China to meet rising demand for the additive
in food production.
The rapid growth of China's fast food industry is boosting demand
for frozen French fries and other processed potato products,
helping to offset a downward trend in more mature markets due to
consumer health concerns, reveals...
Cocoa bean producer Pan Sino International has announced plans to
build Singapore's largest cocoa processing plant, increasing cocoa
bean supply for manufacturers.
Sterling Biotech has emerged as the world's second largest gelatine
producer after making its first international foray to acquire the
gelatine manufacturing facility of Chinese firm China Gelatin.
Australian dairies will drum up A$15 million in funding over the
next three years to support a new innovation centre that will be
tasked with finding ways to better compete with a challenging
marketplace.
Chinese dairy Yili, one of the country's top two, has increased
sales and profits in the first six months of the year despite
rising raw material costs, reinforcing its market share in the
fast-growing dairy sector.
New Zealand's meat promotion board launched an appellation for beef
sold in the important Korean market this week, in a bid to
differentiate its meat from its sizeable competitors, Australia and
the US.
Sugar growers in the Philippines are calling on the public to
boycott Kraft's Tang and Kool-Aid brands because the US firm
refuses to pay a sugar import tariff on the powdered beverages.
