China is on its way to becoming the largest exporter of tomato
paste in the world as Xinjiang Production and Construction
Corporation (XPCC) increases its production capacity for tomato
paste to 500 million tons a year, writes Hridyesh...
The Pennsylvania Department of Agriculture (PDA) has completed its
first food trade mission to China, meeting with buyers, importers
and distributors to assess the possibility of future trade
opportunities.
Pressure on soy prices likely to continue with a new report
revealing China is expected to reduce its principal soybean
planting area, while increasing corn and rice planting in 2005.
South Korea's Lotte Confectionery Company, the country's largest
snack food manufacturer, has acquired a 100 per cent stake in a
Chinese confectioner - a move which will not only bolster its
influence among China's...
Increasing affluence and changes in diet in China to open up new
opportunites for European yeast extract suppliers, but the threat
from Chinese suppliers has kicked off, writes Lindsey
Partos.
Number one natural colours firm Chr Hansen makes inroads into the
lucrative Chinese market, this week unveiling a new food colour
factory to meet a rise in local demand, and marking the first step
in a raft of investments in the region.
Number six global flavours player Takasago International has
established a new division in Shanghai aimed at expanding its
manufacturing and retail presence in China as well cutting costs.
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...
China has been the dominant supplier of many herbs, spices and
ingredients to the Russian market for the last 10 years, but a
reduction in Chinese crop areas to make way for more profitable
products has given local growers from the...
Rexam, the UK-based global packaging company, has reached an
agreement to acquire the 40 per cent shareholding it does not own
in the Chinese beverage can business, Rexam Beverage Can Zhao Qing,
from its joint venture partner, Hua...
Chr Hansen breaks into the lucrative Chinese market constructing
its first production facilities to provide more flexibility to
serve the burgeoning local food industry, reports Lindsey
Partos.
China's soft drink industry continues to boom, with market analysts
Canadean estimating that continued growth now means annual
production is in excess of 20 billion litres. And with retail
prices continuing to fall and expendable...
China Resources Breweries Limited, an associate of South
African-based SABMiller and a subsidiary of China Resources
Enterprise, is set to invest $82.2 million (€68m) in the
construction of a new brewery in the city of Dongguan, in...
Over the course of the last few months the China beer market has
witnessed frenzied activity as international brewery companies race
to increase their footprint in what is now the world's second
largest market by volume. But...
Penn Biotech, a Canadian firm specialising in agro biotechnology,
says that it's Chinese subsidiary has received a request from one
of the world's largest potato processors to initially supply over
1.3 million pounds of...
Competition for European suppliers of honey has ramped up with
Brussels clearing the way to end a two year ban on food imports
from China which should pave the way for cheaper raw materials for
honey formulations.
The sweet biscuits market in Asia is set to grow rapidly in coming
years, due mainly to the continuing strength of the China market.
However launches are coming thick and fast throughout the region,
as this week's product launches...
Despite claims by Brazilian authorities that exports of soybean are
about to be resumed to China, officials from China's State Grain
Administration have categorically said that trade is not about to
start again at any time in...
US food giant General Mills is to increase wholesale prices on
several categories of foods in response to rising raw materials
costs. The increase is thought to be between two to nine per cent
on selected lines.
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...
New Zealand dairy giant Fonterrra has outlined ambitions to tap in
on anticipated growth in demand for dairy imports to China.
Speaking at a conference in Auckland today CEO Andrew Ferrier said
that the country represented 'considerable...
China has reassured Argentine soy producers that it will continue
to buy its soy, after the producers started to show signs of
nervousness in reaction to trade agreements signed last week with
the Brazilian government and Brazilian...
Japan's number one producer of instant noodles says it has reached
the initial stages of an agreement to form an alliance with the
Hebei Hualong Food Group, a major Chinese food processer.
A British Pig Executive (BPEX) delegation is visiting Beijing at
the end of the month to encourage British exports to China, the
world's biggest market for pork.
International wheat, corn and soybean prices will remain high for
much of 2004, warns the US agency Fitch Ratings, with the industry
likely to see a continual shifting of higher ingredients costs onto
the food manufacturer. And it...
Confectionery and biscuit manufacturer Swiss Delice is planning to
expand into China this autumn. The move comes after the company's
success in launching the brand in Hong Kong last year.
