The company’s main categories in Brazil represent a market worth more than €8 billion, according to Euromonitor. Unilever P.L.C. has agreed to acquire Mãe Terra, a natural and organic food business in Brazil. Financial terms were not disclosed. Mãe Terra’s portfolio includes organic cereals, cookies, snacks and culinary products. The[Read More…]
Company News
Vinamilk inks deal with Danish firm
Vinamilk now ranks among the top 50 dairy companies in the world in revenue terms. Vinamilk, Vietnam’s largest dairy company, signed what it calls an agreement for strategic co-operation with Denmark’s Chr.Hansen Company in Copenhagen. This is the second time since 2011 that Vietnam Dairy Products JSC, as it is[Read More…]
Vitafoods Asia 2017 – Positive First Run in Singapore
The only dedicated nutraceutical event in Asia took place on 5-6 September in its new Singapore location at Marina Bay Sands. Vitafoods Asia 2017, the only dedicated nutraceutical event in Asia, took place on 5-6 September in its new Singapore location at Marina Bay Sands, bringing together many professionals and[Read More…]
Keventer Agro plans expansion in north east India
Plans are also afoot to diversify its product basket by having value-added offerings like curd and yoghurt. Kolkata-based Keventer Agro Ltd, a group outfit of the Rs. 1,800-crore Keventer Group, looks to expand its dairy business by entering the north-eastern markets and strengthening its footprint in West Bengal. Plans are[Read More…]
Nestle to launch brands in China
The deal could also benefit local Australian oat farmers, with Nestle also set to introduce the popular Uncle Tobys brand into China as well. China’s growing affluent middle class has already fallen in love with Weet-Bix, sometimes stripping Australian supermarket shelves and paying up to $50 a box, could soon[Read More…]
Lawson to launch food waste recycling programme
Apart from helping to reduce food waste, the initiative will lessen the burden on staff at stores. Convenience store operator Lawson Inc. will launch a recycling system to produce fertilizer from leftover food and sell produce grown with it at its stores in central Japan. Lawson, which will introduce the[Read More…]
Nestle partners with JD for nutrition smart speaker
Nestlé XiaoAI is the first attempt that Nestle has carried out in conversational interface, which combines smart speaker technology with nutrition and health knowledge. Global food and beverage leader Nestlé has partnered with China’s online retail leader JD to launch China’s first AI family nutrition smart speaker. The device –[Read More…]
After-harvest fruit processing centre to be established by Pagoda and AgroFresh in China
Both companies have agreed to invest in the project and jointly research a solution that will address the difficulties of processing fruit after harvest In order to establish an after-harvest processing centre for fruit in China, Chinese fruit retail chain Pagoda has signed a cooperative agreement with US-based AgroFresh. Both[Read More…]
Cargill to focus more on its food business
Cargill has been streamlining its business to focus on higher-margin operations such as food ingredients and the fish feeding business. Global commodities trader Cargill Inc. has agreed to sell its U.S. metals business to Japan’s Metal One Corp, its latest move to boost its focus on higher-margin food and agricultural[Read More…]
Palsgaard opens new centre in Shanghai
The new bakery also includes facilities for producing cake gels based on Palsgaard’s emulsifiers and allows manufacturers to test the effect of their cake gels on site. Emulsifier producer Palsgaard announces the launch of a new application center in China. Palsgaard’s brand new Shanghai center includes a fully-equipped bakery where[Read More…]