transcontinental-acquires-coveris-americas-for-1-32b

April 9, 2018 | Suppliers

Transcontinental acquires Coveris Americas for $1.32B

This acquisition strengthens Transcontinental’s position in the flexible packaging market. Canada-based Transcontinental has acquired flexible packaging company Coveris’ Americas division for $1.32 billion. Coveris Americas produces a variety of flexible…
china-tariffs-could-help-australia-gain-share-from-us-wine-nut-and-fruit-producers

April 4, 2018 | China

China tariffs could help Australia gain share from US wine, nut and fruit producers

China’s tariff of up to 25 percent on U.S. agriculture could be good news for Australia’s nut, wine and fruit producers. Singapore — China’s tariff hit of up to 25 percent…
tyson-shares-drop-on-chinas-retaliatory-tariffs

April 3, 2018 | China

Tyson shares drop on China’s retaliatory tariffs

Shares of the food company fell as much as 6.1 percent, the most in a single day since October 2016. Tyson Foods fell the most in roughly 17 months on…
mcdonalds-lags-behind-dominos-in-india-as-ordering-biz-booms

April 2, 2018 | India

McDonald’s lags behind Domino’s in India as ordering biz booms

A pickup in the economy and growing demand from the planet’s largest youth population are boosting fast-food sales in India. Singapore – Even as McDonald’s tries to woo Indian stomachs…
alibaba-to-buy-remaining-shares-in-food-delivery-app-ele-me

April 2, 2018 | China

Alibaba to buy remaining shares in food delivery app Ele.me

Alibaba and affiliate Ant Small & Micro Financial Services Group Co Ltd currently own approximately 43 percent of Ele.me, and the latest deal will value the startup a $9.5 billion…
ajinomoto-to-focus-on-msg-safety-in-india

March 27, 2018 | Ingredients

Ajinomoto to focus on MSG safety in India

The Indian subsidiary of Japan-headquartered company currently imports aji-no-moto from its Thailand factory which mainly serves to the South East Asian countries. Ajinomoto Co. Inc. is planning to tap social…
frutarom-opens-new-colour-formulation-facility-in-slovenia

March 1, 2018 | Suppliers

Frutarom opens new colour formulation facility in Slovenia

The new formulation hub will serve 15,000 of Frutarom’s customers in Europe. Frutarom has opened a natural colour formulations centre at its Etol plant in Celje, Slovenia, following a €5…
local-favorite-opens-new-outlet-in-singapore

February 1, 2018 | Suppliers

Local favorite opens new outlet in Singapore

Arnold’s began operations in Singapore in 1984, and was the first fast-food restaurant that was certified halal. Singapore – Local fast-food chain Arnold’s Fried Chicken has opened its first outlet in…
mondelez-opens-global-innovation-hub-in-singapore

February 1, 2018 | Suppliers

Mondelez opens global innovation hub in Singapore

The Singapore hub joins five other Technical Centers that are already in operation: two in the United Kingdom, and one each in Poland, Brazil and the US. Singapore – The…
starbucks-named-worlds-most-admired-food-and-beverage-company

January 24, 2018 | Suppliers

Starbucks named world’s most admired food and beverage company

The magazine released their annual rankings, narrowing down a selection of 680 companies in 52 industries. Fortune magazine has named Starbucks the fifth most admired company in the world, the highest ranking…