In the News

In the News
UAE's Agthia Group signs Yoplait francise
Friday, 06 August 2010
UAE-based Agthia Group, a leading FMCG firm, has signed a franchise agreement with Yoplait Group of France for exclusive rights to manufacture and distribute fresh dairy products under the Yoplait brand, according to TradeArabia.com.
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Russian bans export of grains amidst drought
Friday, 06 August 2010
Vladimir Putin, Russian prime minister, announced a ban on all the country’s grain exports, effective within 10 days, after a severe drought devastated crops and wildfires spread across the country, according to the Financial Times of UK.
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EC, US distributors jostle for cargo space
Thursday, 05 August 2010
Retailers and distributors in Europe and the US are outbidding each other to secure scarce cargo space on ships, The Australian reported.
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Fonterra reports fall in dairy prices
Thursday, 05 August 2010
Fonterra has revealed that prices were down sharply at its latest auction, as concerns about supply, which had fueled recent price increases, eased, according to DairyReporter.com.
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Europe's Arla eyes growing US cheese market
Thursday, 05 August 2010
Double digit increases in US sales has prompted Arla to expand its dairy in Hollandtown, Wisconsin, with an eye on burgeoning quality cheese market.
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Australian co makes 100% compostable coffee cup & lid
Wednesday, 04 August 2010
The PLAnet Cup, launched by Melissa Floreani, owner of Espresso Syndicate, a company which supplies sustainable, organic fair trade coffee to cafes across Melbourne, is lined with biodegradable PLA (cornstarch) which is harvested from renewable resources and can be composted after use.
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Sudan aims to be main sugar exporter by 2014
Wednesday, 04 August 2010
Sudan will double its sugar output to at least 1.5 million tonnes a year to become a net exporter by 2014, part of a larger plan to catapult the African nation into the world's top five producers, according to a Reuters report carried by TradeArabia.com.
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Austrian co can build prefab hotel in 8 weeks
Wednesday, 04 August 2010
Austrian house builder Elk announced last week that it's entering a new business sector by offering prefabricated hotels which can be built in just eight weeks and can be set up anywhere in the world, according to GulfNews.com.
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China's Geely completes takevoer of Volvo
Tuesday, 03 August 2010
Chinese car maker Geely Holdings Group Co. Ltd. said it has completed its USD1.8 billion (MZ$2.45 billion) buyout of Ford Motor Co.'s Volvo unit, in a landmark foreign acquisition by a Chinese company.
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Kiwi firm makes filters using Hoki fish skin
Tuesday, 03 August 2010
A start-up Auckland firm is applying nanotechnology to a fisheries by-product to manufacture 100% biodegradable, antibacterial air filters—a New Zealand first in an expanding global market.
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India's Shiv Sena protests NZ milk imports
Monday, 02 August 2010
The Shiv Sena party activists last week drained thousands of litres of milk near Pune, south of Mumbai, according to an online report by India Today. The provocation came after the government's decision to import 30,000 tonnes of milk powder and 15,000 tonnes of ghee from New Zealand.
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China sets rules to prevent pistachios bleaching
Sunday, 01 August 2010
Chinese regulators are busy drafting food safety standards for pistachios to prevent widespread bleaching of pistachios, according to a report by peopledaily.com.cn.
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Nestle's new hub in Singapore has coffee focus
Thursday, 29 July 2010
Nestle is setting up an innovation hub in Singapore that will focus on the development of coffee mixes in the Asia Pacific region, according to beveragedaily.com.
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NZ June exports +17% on year, down vs May
Thursday, 29 July 2010
New Zealand’s trade surplus narrowed in June as a seasonal decline in farm production and falling prices curbed exports, according to a Bloomberg report.
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Asia-Europe air freight rates slide
Thursday, 29 July 2010
Air freight rates from Asia to Europe continue to decline as a weakening euro and doubts over economic growth create uncertainty among retailers, according to International Freight Weekly (IFW).
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Ireland plans big increase in milk output
Wednesday, 28 July 2010
Ireland is planning a big increase in milk output once quotas are lifted in 2015 as the government places food at the heart of an export led growth strategy, according to dairyreporter.com.
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Global demand for coatings in plastics to grow
Wednesday, 28 July 2010
Global demand for functional additives and barrier coatings for plastic packaging is forecast to grow by 4.3% in the five years from 2009 to reach US$752 million (NZ$1.03 billion) by 2014, according to a report by foodproductiondaily.com.
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Anti-bacterial paper developed by Chinese scientists
Tuesday, 27 July 2010
New antibacterial paper made from graphene-based nanomaterials could be used in food packaging to extend shelf-life, according to a report found on FoodProductionDaily.com.
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US$30 bln needed for India's food sector
Tuesday, 27 July 2010
Around US$30 billion (NZ$41.2 billion) worth of investment is needed to “revolutionise” India’s food processing sector.
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Energy drinks top beverage sales in Australia
Tuesday, 27 July 2010
Energy drinks are outselling all other convenience beverage formats in Australia and growing at 19.9% according to Nutraingredients.com.
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