The deal includes the purchase of 100 per cent of Bostock Brothers Limited shares, the Bostock brand for poultry products, three farming properties, and a primary processing plant, with completion anticipated by September 2024 In a strategic move to bolster its market position, Inghams Group Limited (ASX: ING) has announced[Read More…]
Australia
Australia’s Norco dairy wins Champion award for lactose-free milk
Australia’s largest and oldest dairy co-operative is celebrating an utterly delightful win at the 2024 Australian Grand Dairy Awards for the sixth consecutive year Norco Lactose-Free Full Cream Milk awarded Champion at the 2024 Australian Grand Dairy Awards Norco, Australia’s largest and oldest dairy co-operative is celebrating an utterly delightful[Read More…]
USA’s Westward Whiskey partners with ICONIC Beverages
The move to one of Australia’s fastest-growing independent Spirits Distributors will help ensure the luxury whiskey producer is positioned for continued growth as it expands its presence through 2024 and beyond Westward Whiskey, the pinnacle of American whiskey and one of the USA’s highest-rated whiskeys has announced a new distributor[Read More…]
Nestlé’s factory in Australia to get $32Mn boost for Milo
The investment will upgrade the Milo manufacturing line introducing state-of-the-art manufacturing technology to the factory and supporting an increased production capacity Nestlé Australia has announced a $32 million investment in its Smithtown factory, which manufactures Milo – bringing investment in the site to approximately $80 million in the last decade. The investment will upgrade[Read More…]
Mackay pilot plant set to fast-track Australia’s novel food ingredients production
This project is part of an overall $16 million upgrade to the facility to be completed this year which will transform the pilot plant into Australia’s leading physical containment level 2 (PC2) large-scale food-grade research translation facility A $3.9 million project will complete the transformation of the QUT Mackay Renewable[Read More…]
Australia’s SECOS Group secures $40 Mn to establish CRC
The unprecedented CRC will bring together leaders from international food brands, relevant peak bodies, international and national NGOs, Australian councils, environmental regulators (ie EPA) and others, with a target to develop new technologies that will reduce Australia’s plastic waste SECOS Group, the parent company of Australia’s leading compostable packaging brand,[Read More…]
AFCCC prioritising reduction of food waste remains important concern
This included the development of new Cold Food Codes and establishing more formal relationships or alliances with all industry bodies which can contribute towards the development of codes of practice, training and education The Australian Food Cold Chain Council (AFCCC), in its 2023 review of the effectiveness of its operations,[Read More…]
Australian government approves release of QUT-developed GM banana
Food Standards Australia New Zealand (FSANZ) has also notified the Food Ministers’ Meeting (FMM) that it has approved QCAV-4 as suitable for human consumption The Australian Government has issued QUT a licence to commercially release QCAV-4, a genetically modified (GM) variety of Cavendish banana designed to help save the world’s Cavendish[Read More…]
Fonterra plans to merge New Zealand and Australian brands
The integration will take effect on May 1, 2024. René Dedoncker, Fonterra Australia’s managing director, will lead the new Fonterra Oceania team Fonterra, the dairy cooperative, plans to merge its New Zealand and Australian brands into a single entity called Fonterra Oceania. CEO Miles Hurrell stated in a letter to[Read More…]
Australia’s barley and malt exports to Latin America increases
Over the past three years, the value of Australian barley exports to Latin America grew by +416 per cent in real terms to reach A$256.1 million in 2022–23 Australia’s barley and malt have made significant gains in Latin American markets over the past four years, driven by investments by industry[Read More…]