In the News

In the News
Ultrasport Helicopters find buyers in Europe
Tuesday, 16 November 2010
The helicopters will sell for about $180,000 - about half the price of a Robinson R22.
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In the News
US, EC firms eye billion-dlr deals at Memex Abu Dhabi
Tuesday, 16 November 2010
Event organiser IIR Middle East said Memex will run from November 28 to 30 at the Abu Dhabi National Exhibition Centre with focus on technology, machinery, tools, and solutions for the industrial and associated industries. Over 120 exhibiting companies, representing 400 brands from 16 countries, are expected.
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Kiwi wines shine in 2 major competitions
Tuesday, 16 November 2010
New Zealand Winegrowers’ global marketing director Chris Yorke said the results from the two competitions are a boost to the profile of the New Zealand wine industry at a time when it is working to continue its success in Australia and expand its presence in Asia.
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Water footprint next for retailers?
Tuesday, 16 November 2010
Retailers should respond to consumer concerns about water management in farming by considering water footprint labels for food products, according to FoodWorks.co.nz.
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Cathay Pacific to review options on NZ$100-mln price-fixing charges
Tuesday, 16 November 2010
A total of 11 airlines were presented with a fine totalling up to EUR799.4 million earlier this week after the European Commission discovered they had coordinated pricing on their cargo business.
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Ampac's new antimicrobial film packaging
Tuesday, 16 November 2010
Global packaging giant Ampac has launched a new sealant film with an antimicrobial additive to inhibit the growth of odors and mildew for food and beverage applications, according to FoodProductionDaily.com.
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Port of Brisbane to be sold to Mid-East's Q-Port
Sunday, 14 November 2010
The Queensland government has announced that the Port of Brisbane, one of Australian's fastest growing container ports, will be sold for AUD$2.3 billion NZD$2.9 billion) to Q-Port Holdings, a consortium of Middle Eastern and local investors, according to the Shipping Gazette, citing the Australian Broadcasting Corporation.
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Bakers oppose mandatory fortification of bread
Sunday, 14 November 2010
Public health activists pushing for mandatory fortification of every slice of bread in New Zealand continue to exaggerate the benefits, while downplaying the potential risks to children and men, says Laurie Powell, President of the Association of Bakers.
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Maersk raises Far East-SAmerica freight rate
Sunday, 14 November 2010
Maersk Line has announced a January 1 general rate increase on all container cargo from the Far East to the east coast of South America, according to the Shipping Gazette.
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US scientists use casein to make new packaging material
Thursday, 11 November 2010
The packaging incorporates a protein called casein, which is found in cheese and cows’ milk, and represents a substitute for standard polystyrene foam.
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Abu Dhabi fund buys stake in Brisbane port
Thursday, 11 November 2010
Abu Dhabi Investment Authority (ADIA), one of the world's largest sovereign wealth funds, has bought a minority stake in Australia's Port of Brisbane in a deal worth A$2.1 billion, (NZD$2.7 billion), according to the Trade Arabia.com website.
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AP Moller Maersk set for record profit of US$5 bln
Thursday, 11 November 2010
A.P. Moller-Maersk issued the strongest sign yet of a turnaround in the shipping industry on Wednesday, forecasting it expects to turn a record profit of around USD$5 billion (NZD$6.4 billion) this year on surging ocean container volume and freight rates, according to the Journal of Commerce.
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China's Bright Dairy confirms 51% stake in Sinlait milk co
Thursday, 11 November 2010
Shanghai-registered Bright Dairy and Food has confirmed an $82 million investment in Canterbury milk processor Synlait, which represents a 51% share, according to the NZ Herald.
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2nd-tier China cities' growing taste for luxury goods
Wednesday, 10 November 2010
Luxury goods sales in China are expected to rise 23% year-on-year in 2010, business consulting firm Bain & Company was quoted saying by ChinaDaily.com.
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China's middle class seeks imported food
Wednesday, 10 November 2010
China's market for imported food products is expanding with the growth in the number of middle-income consumers, according to ChinaDaily.com.
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GE to invest US$2-bln in China by 2012
Wednesday, 10 November 2010
Multinational conglomerate General Electric (GE) will invest more than USD$2 billion (NZD$2.54 billion) through 2012 in China to set up joint ventures with Chinese companies and expand its innovative capacity in the country, according to ChinaDaily.com
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Food safety products market headed for growth
Wednesday, 10 November 2010
The worldwide growth in the food processing sector, fast-expanding emerging markets and increasingly strict regulatory regimes are all set to drive global demand for food safety products to US$13.6 billion (NZD$17.23 billion) by 2014, according FoodProductionDaily.com.
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New plastic material for microwave packs
Wednesday, 10 November 2010
Austrian company Borouge has developed a new multimodal polypropylene (PP) film material that is suitable for microwaving food as the material is temperature resistant, provides good venting and seal-peel properties, according to FoodProductionDaily.com.
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Evergreen Taiwan orders 10-12 new cellular ships
Wednesday, 10 November 2010
Evergreen Taiwan orders 10-12 new cellular ships
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Demographic shifts that will drive food marketing
Tuesday, 09 November 2010
An ageing workforce, more men shopping for the family, and whether to cater to obesity or counter it are some of the food trends likely to affect decision-making in the food industry in 2011, according to FoodNavigator.com.
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