Aluminium packaging giant Alcan is investing $55 million to build
and equip two new Russian plants - a clear indication that foreign
firms are beginning to take notice of the Russian packaging market,
writes Anthony Fletcher.
As food ingredients suppliers take a stake in the burgeoning
Chinese market new figures released by the United Nations confirm
foreign direct investment (FDI) inflows to Asia and the Pacific
rose by a massive 55 per cent in 2004 on...
Privately owned Gelnex, which pioneered the production of type A
pork skin gelatin in South America, has recently opened a beefskin
gelatin plant in Brazil. Philippa Nuttall spoke to the
company's CEO about the challenges the...
Consumers and producers are united in their desire for lighter,
functional packaging on the Russian food market, driving the
development of plastics and paper in the dairy, bakery and
confectionery sectors and sending traditional...
Russian confectionery group Mechta has launched a new premium
product line - the latest in a growing number of local producers
entering an upmarket segment which was once the sole domain of
western companies. Angela Drujinina reports.
The need of ingredients and equipment suppliers to reach Russian
food manufacturers is becoming increasingly urgent, but in the
absence of established B2B advertising channels, few avenues have
been open. Now a new alliance between...
Switzerland's Nestlé will have to sell its Brazilian chocolate
business Garoto, acquired in 2002, after the authorities there
ruled that the takeover would damage competition, proof that even
the world's biggest food company...
Although the market for honey in China has fluctuated in recent
years the country continues to be by far the leading producer in
the world. And with per capita consumption set to rise, a recent
report from Access Asia indicates that...
Despite cheaper alternatives to cocoa butter on the market and new
European rules allowing vegetable fats in chocolate formulations,
uptake for the replacers has been slower than expected as reticent
food makers and marketers stick...
Leading China biscuit manufacturing Fujian Dali Food says that
construction of its new €19 million biscuit factory in Changchun,
Jilin Province, is now well underway, moving it closer towards its
goal of dominating the biscuit market...
Protective packaging demand in the US will grow 5.2 per cent
annually through 2008, according to research analyst Freedonia
Group. Gains will be driven by accelerating Internet and mail order
catalogue sales and specialised packaging...
Growing through international expansion, chewing gum giant Wm.
Wrigley Jr has closed on a €215 million deal to acquire the Joyco
gum and confectionery businesses from Agrolimen, a privately-held
Spanish food conglomerate. The acquisition...