Indonesia: Coca-Cola to expand production
Coca-Cola has announced that it is investing in two new production lines in Indonesia with the aim of accelerating growth over the next 3-4 years. “We consider Indonesia a dynamic and promising market and one of the growth engines to achieve our long-term vision,” said Muhtar Kent, Chairman and CEO, The Coca-Cola Company. “Our Company’s […]
Australia: Chris’ Dips launches “Down 2 Earth” dips range
The dips and gourmet food manufacturer Chris’ Dips has unveiled a new range of dip products for consumers in Australia. Developed in consultation with chef and nutritionist Samantha Gowing, the new Down 2 Earth range is claimed to meet consumer demand for clean flavours and transparency of ingredients and also bears a Health Rating said […]
Australia: Five Whole Grain Muesli launched by Kellogg’s
Claimed to be the “first muesli formulation on the market to contain the five whole grains – rolled oats, wheat, barley, triticale and rye”, new Five Whole Grain Muesli has been launched by global cereal manufacturer Kellogg’s in Australia, according to a report in Australian Food News. According to Kellogg’s, the product’s “75 per cent […]
South Korea: Lotus Korea integrated into Lotus Bakeries Group
Lotus Korea, a distribution company which imports Belgian Lotus caramelized biscuits and the US Hershey brand of chocolates, has been acquired by Lotus Bakeries Group. Through the agreement, Lotus Bakeries now owns 100% of the shares in Lotus Korea, valued at 22 billion won (US$20 million). Jan Boone, CEO of the group, said “Lotus Bakeries […]
Australia: Simplot debuts John West ready-to-eat tuna meal range
The Australian food manufacturer Simplot has expanded its John West range with the introduction of a new ready meal that combines tuna with brown rice and quinoa with other ingredients. Promoted as being ready in less than 1 minute, the new product is described as a quick and healthy lunch or snack alternative. “The new […]
China: Ferrero to open first factory
Ferrero SpA, the world’s fourth largest chocolate manufacturer, has announced that it is to begin construction of its first factory in China, to be completed in the first half of 2015. Among the major confectionery companies that currently dominate the Chinese chocolate market – Mars, Nestle, Ferrero and local brand Le Conté – Ferrero is […]
China: Starbucks signs partnership with Tingyi Holding Corp
Starbucks has announced the signing of a partnership with Taiwanese food and beverage producer Tingyi Holding Corp to expand distribution of its products in China. Under the terms of the agreement, Tingyi, the second largest seller of drinks products in China, will manufacture and sell the Starbucks RTD portfolio in China and help the American […]
Japan: Suntory creates ‘drinkable’ Kellogg’s granola
Suntory Beverage & Food has announced that it has signed a licensing agreement with Kellogg for the launch of a new on-the-go breakfast product in Japan – Kellogg’s Drinkable Breakfast Fruit Granola. Kellogg’s Drinkable Breakfast Fruit Granola is said to have been developed independently by Suntory, leveraging its flavour-development technology and Kellogg’s extensive experience in […]
China: Fonterra buys 18.8% stake in Beingmate
New Zealand’s Fonterra Co-operative Group Ltd, the world’s largest dairy products exporter, has completed a partial tender offer to buy an 18.8 percent stake (worth US$551.95 million) in Chinese infant formula manufacturer Beingmate Baby and Child Food Co. Ltd. The amount is slightly less than the 20 percent stake the company had been planned to […]
Japan: Meiji launches caffeine-free energy drink for new mothers
Meiji has announced the launch of new energy drink in Japan specifically targeting new mothers. The new drink, called Mama Up, is being made available under the Meiji Bio Mama brand from 20th March. According to Meiji, Mama Up targets breastfeeding mothers concerned about the potential side effects of conventional energy drinks. Unlike regular products, […]