China Resources Breweries Limited, an associate of South
African-based SABMiller and a subsidiary of China Resources
Enterprise, is set to invest $82.2 million (€68m) in the
construction of a new brewery in the city of Dongguan, in...
Over the course of the last few months the China beer market has
witnessed frenzied activity as international brewery companies race
to increase their footprint in what is now the world's second
largest market by volume. But...
Penn Biotech, a Canadian firm specialising in agro biotechnology,
says that it's Chinese subsidiary has received a request from one
of the world's largest potato processors to initially supply over
1.3 million pounds of...
Flavour firms operating on the global scene will turn their sights
to Asia to up returns as evidence suggests new flavours are
emerging in China in the brand war between foreign and domestic
Competition for European suppliers of honey has ramped up with
Brussels clearing the way to end a two year ban on food imports
from China which should pave the way for cheaper raw materials for
Despite claims by Brazilian authorities that exports of soybean are
about to be resumed to China, officials from China's State Grain
Administration have categorically said that trade is not about to
start again at any time in...
US food giant General Mills is to increase wholesale prices on
several categories of foods in response to rising raw materials
costs. The increase is thought to be between two to nine per cent
on selected lines.
As grain stocks are depleted across the world, China's food
producers have found sourcing the commodity an increasingly
expensive and time consuming issue, writes Simon Pitman.
However, a report from independent intelligence...
New Zealand dairy giant Fonterrra has outlined ambitions to tap in
on anticipated growth in demand for dairy imports to China.
Speaking at a conference in Auckland today CEO Andrew Ferrier said
that the country represented 'considerable...
China has reassured Argentine soy producers that it will continue
to buy its soy, after the producers started to show signs of
nervousness in reaction to trade agreements signed last week with
the Brazilian government and Brazilian...
The news that an investigation has been ordered by China's premier,
Wen Jiabao, into the deaths of at least 12 babies after drinking
fake formula milk has led to a renewed quest for manufactuers to
find processing and packaging...
International wheat, corn and soybean prices will remain high for
much of 2004, warns the US agency Fitch Ratings, with the industry
likely to see a continual shifting of higher ingredients costs onto
the food manufacturer. And it...