Thailand: Lactasoy invests to open two new factories
Lactasoy, which produces and distributes Lactasoy UHT soy milk products, has announced a 2.1 billion THB ($33.7million) investment plan that will see the opening of two new factories in Thailand. The company plans to establish one factory at its complex in Prachin Buri and a second facility in the northeast of the country. At the […]
Australia: Coca-Cola launches Powerade ION4
Coca-Cola South Pacific has announced the launch of a new version of its Powerade sports drink in Australia, in move described as the brand’s “biggest reformulation since 2006”. According to Australian Food News, the new formula has been named Powerade ION4, with Coca- Cola saying it contains 5% more electrolytes than the current version. The […]
Australia: Asahi acquires Mountain Goat
Japanese beer company Asahi has furthered its interest in the craft beer sector with the acquisition of 100% of the Australian brewer Mountain Goat. Launched in 1997 by Cam Hines and David Bonighton, Mountain Goat produces low-volume beers at a facility in Richmond, Melbourne, while bottled and canned beers are brewed at a larger plant […]
Japan: Suntory launches ‘mystery flavours’ for Halloween
Suntory is expanding its product range in Japan with the launch of the limited edition Pepsi Ghost for the Halloween period. Pepsi Ghost comes in a total of four varieties, sold in a 490ml bottle, and each is said to feature a ‘mystery flavour’. According to Suntory, the line was designed to offer an element […]
Australia: Sesion Tequila to hit the market
The Australian owned Sesion Tequila is set to hit the market at the end of October this year, according to reports in Australian Food News and Just Drinks. According to Australian Food News, the beverages are made with no additional sugars, extracts or processing, and are designed to be “sipped and savoured”, although they can […]
Japan: Meat firms Itoham and Yonekyu to merge
Japan’s second-largest meat processor Itoham and the number seven player Yonekyu have agreed to a new combined management structure through the setting up of a joint holding company in April 2016. The two merging companies anticipate synergy effects from the integration, with Itoham having an advantage in production of beef and pork as well as […]
South Korea: Skinfood introduces beer-based skin care for men
South Korean cosmetics and toiletries manufacturer Skinfood has announced that it has released a new line of skin care products under the brand Beer One Shot For Men. Targeting urban men with a busy lifestyle, the line is designed to simplify skincare routines and comprises three products: a Moisture Balancer (100ml), a combination of cream […]
China: CEFC to buy a majority stake in Pivovary Lobkowicz
CEFC, China’s sixth largest private company, is to acquire a 79.4% stake in the Czech brewery Pivovary Lobkowicz in a deal valued at 1.9 billion CZK ($78.46 million), according to a report in the Prague Post. The shares are being acquired through Lapasan, a newly-formed company in which CEFC has a 70% stake “Pivovary Lobkowicz […]
India: Perfetti Van Melle India and Baskin Robbins collaborate on new ice cream
Confectionery firm Perfetti Van Melle and ice cream specialist Baskin Robbins have come together for the first time to launch a new ice cream based on the Alpenliebe Juzt Jelly branded sweet. Made with 25% fruit pulp, Alpenliebe Juzt Jelly from Perfetti is the market leader in the jelly category and will be used as […]
Japan: Megmilk Snow Brand launches “edible coffee”
Megmilk Snow Brand, the Japanese dairy firm, has announced the launch of “edible coffee” as an extension to its product range. The launch is an addition to the Yukijirushi Coffee range, which has been on the market for more than 50 years. The pack design is almost identical to the long-standing coffee drink but instead […]