Interbrew buys up Zhejiang brewer
Interbrew has acquired a 70 per cent controlling interest in Zhejiang Shiliang Brewery Company, located in the Yangtze Delta, strengthening its leading in China's Zehjiang province.
Archives for June 17, 2004
China grains up, but it will not help global supplies
As grain stocks are depleted across the world, China's food producers have found sourcing the commodity an increasingly expensive and time consuming issue, writes Simon Pitman. However, a report from independent intelligence provider Access Asia...
New Dragon Asia expands flour production
New Dragon Asia has acquired the assets of a flour manufacturing facility valued at $1.33 million, located in Penglai City of Shandong Province within the People's Republic of China, which aims to further expand the company's flour production capacity...
Danisco steps up probiotics presence with European dairy launch
The first dairy food range in Europe containing Danisco's Howaru probiotics has been introduced in Slovenia by one of the region's top dairy product manufacturers Ljubljanske Mlekarne.
Fortification gaining increasing industry support
Changing attitudes to the health benefits of foods and an increased effort to solve technical and economic issues has raised support for flour fortification among industry members, showed a meeting held in London yesterday.
Raisio outlines plans for growth
Benecol maker Raisio will use profits from its recent chemicals unit sale to embark on a new strategy designed to position it as a leading producer of plant-based foods and ingredients.
Asia shows biggest shift to processed foods
Findings from a new report from the Geneva-based World Trade Organisation suggest today's highly processed food industry will continue its thirst for ingredients, writes Lindsey Partos. And it is in Asia Pacific, where countries such as China,...
Danisco full year feels impact of price rises
The less than sparkling, but stable, full year results for Danish ingredients giant Danisco mirror the current state of play for ingredients companies in today's market marked by squeezed margins, higher raw material prices and ongoing price competition.
Sweetener settlement for ADM
Ingredients supplier Archer Daniels Midland (ADM) said on Thursday that it had reached a $400 million (€333m) settlement in an anti-trust case that claimed the US firm conspired to fix the price of the food sweetener high fructose corn syrup used...