China: Hershey acquires 80% stake in Shanghai Golden Monkey
Hershey Netherlands BV, a subsidiary of The Hershey Co., has announced that it has acquired an 80% stake in Shanghai Golden Monkey Food Joint Stock Co. (SGM), a company it first expressed an interest in back in December 2013. Food Business News reported that Hershey has acquired the stake in SGM, a privately help confectionery […]
Philippines: PepsiCo set to move into food manufacture
PepsiCo Philippines has announced plans to invest P650 million ($14.6 million) in a new facility in its home country as it seeks to expand its presence in the country from beverages into food, Business World reports. The company, which is a licensee of PepsiCo, Inc. and Pepsi Lipton International Ltd. and produces non-alcoholic drinks under […]
Japan: Yoshida set to invest in Vietnam facility
Japanese cosmetic packaging manufacturer Yoshida has announced investment in a new plant in Vietnam. According to Premium Beauty News, the topic of investment has been popular over the past few months, with the company President Yuzo Yoshida now disclosing the information. Yoshida announced: “The construction of the new factory of the Group has just begun […]
Japan: Windsor Quality Holdings to be acquired by Ajinomoto
Ajinomoto North America, a consolidated subsidiary of Ajinomoto Co. has entered into an agreement to acquire Windsor Quality Holdings for approximately $800 million. According to a press release , the acquisition is designed to help the company to become the clear number one manufacturer of Asian/Ethnic food products in the surging Asian category of the […]
India: First halal cosmetics brand launched
India’s first halal cosmetics brand – Iba Halal Care – has been launched this month in Ahmedabad by Ecotrail Personal Care. According to Mauli Teli, CEO of the company, the line was created to provide “an entirely new category of cosmetic products – halal cosmetic products. Halal (meaning ‘lawful’) cosmetic products are entirely hygienic, ethically […]
India: Mondelez International rolls out Cadbury Glow
Mondelez International is launching Cadbury Glow, its latest premium chocolate brand for the Indian market. The chocolate-filled pralines are aimed at those buying chocolate as a gift and are designed to target more affluent consumers. With Cadbury Glow, Mondelez International is looking to increase scale of chocolate gifting in India – currently gift products have […]
Pakistan: Unilever to launch online shopping portal
It has been announced that Unilever has partnered up with daraz.pk, an online shopping portal, to become the country’s first online retail solution for consumers. According to Cosmetics Business, consumers will be able to purchase 66 of Unilever’s beauty and personal care products via the portal. The partnership is said to be an initiative which […]
Australia: Simplot extends Quorn meat / soy free range
Simplot Australia has recently extended its range of meat and soy free products under the Quorn brand name. According to Australian Food News, the manufacturer claims that the new Quorn Pies and Schnitzels product range will offer vegetarians and meat reducers a “great tasting meat-free, soy-free meal alternative that can be heated and is ready […]
India: SCA to start production from 2015
Swedish paper products company SCA has announced plans to commence production from its plant in Ranjangaon near Pune from 2015. Reported by the Economic Times, Cecillia Edebo, Managing Director, SCA Hygiene Products India spoke of the news by saying: “The construction work at the plant near Pune is almost over and we hope to start […]
Australia: Coca-Cola South Pacific launches smaller can range
Coca-Cola South Pacific has recently revealed a range of 250ml slim line cans for its Coca-Cola, Coke Zero, Diet Coke, Vanilla Coke, Fanta, Lift and Sprite drinks. Priced at AU$2.00 ($1.87), the cans, which are smaller than the conventional size, are said by Australian Food News to “feature the iconic Coke contour visuals”. Speaking about […]