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asia

These are all the posts that have been tagged with asia.

Nestle acquires majority of Hsu Fu Chi in China

12 July 2011 – Nestlé announced that it has entered into a partnership agreement with the founding family of Hsu Fu Chi, a leading manufacturer and distributor of confectionery products in China. Under the proposed agreement, Nestlé intends to acquire 60% of Hsu Fu Chi whilst the Hsu family will own the remaining 40%. Hsu […]

Sustainable cocoa for Indonesia

8th June 2011 – ADM has expanded of its flagship cocoa sustainability programme, Socially and Environmentally Responsible Agricultural Practices (SERAP), into Lambandia, South East Sulawesi, Indonesia. The SERAP programme provides training and financial incentives to help cocoa farmers implement sustainable farming practices. In Indonesia, the SERAP programme will work with the Indonesian Cocoa and Coffee […]

Palsgaard takes over Emulsion Holland

16 May 2011 – Ingredients company Palsgaard makes yet another expansion move, by taking over full control of Dutch PGPR manufacturer Emulsion Holland in Zierikzee in Holland, together with its South African subsidiary Emulsion Holland South Africa. This announcement comes only months after Palsgaard A/S published its plans of constructing a new 20,000 MT emulsifier […]

New COO for Wild

1 April 2011 – Cosimo Trimigliozz has become the new chief operating officer of the newly formed Wild Flavors International business unit. The new unit will provide additional high level focus and management to the growing Wild business in the emerging world markets. The business unit will be comprised of the current Wild business in […]

Record breaking cocoa shipment

15 February 2011 – Blommer Chocolate, North America’s largest processor of cocoa beans and ingredient chocolate products, has announced the single, largest cocoa bean shipment from West Africa is destined for their facility. The vessel, the Atlantic Tramp, carried 18,400 metric tons of cocoa, most of which is sustainably farmed, Rainforest Alliance certified cocoa and Blommer […]

Large capacity emulsifier factory in Asia

7 February 2011 – Danish food ingredients supplier Palsgaard is now constructing a large state of the art emulsifier factory in Asia. The yearly capacity of the plant is in excess of 20.000 MT. “Preliminary investigations and negotiations are now at such an advanced stage that we feel comfortable to announce our plans”, explains Chairman […]

New flavour appeals to Asian cultures

2nd February 2011 – New from Jelly Belly Candy Company, the maker of The Original Gourmet Jelly Bean since 1976, comes a bold new flavour targeted to regional tastes- mooncake. This sweet treat is inspired by the ceremonial pastry enjoyed during celebrations of Mid-Autumn Festival across Asian cultures. The product is dairy-free, gelatine-free, gluten-free and […]

Lotte Confectionery invest in Pakistan

28 October 2010 – South Korea’s Lotte Confectionery has reportedly signed an agreement to acquire a 69.45% stake in Pakistani firm KS Sulemanji Esmailji & Sons (Kolson) for 20 billion won (about $17.9 million). Established in 1942, Kolson is a leading Pakistani producer of snacks, biscuits, cereals and pasta. Saifuddin Sistanwala, CEO of Kolson says, […]

Lotus Bakeries invest in biscuit production

28 September 2010 – Belgian bakery firm Lotus Bakeries is reportedly to invest around €27 million over the next three years to boost production capacity at two of its plants. The company will expand its production and storage space of caramelised biscuits at its plant in Lembeke in reaction to a significant increase in sales […]

Perfetti van Melle to increase Indian plant capacity

27 September 2010 – Perfetti van Melle is set to increase capacity in a plant in southern India, says the company’s managing director, Sameer Suneja, in the Hindu Business Line newspaper. “Marketing efforts in the South have been paying off over the last two years and the current capacity of 17,000 tonnes would be hiked […]

Cargill Eyes Stake in Indonesia’s Sorbitol Producer Sorini

30 August 2010 – Cargill is in talks to buy a stake in Indonesia’s PT Sorini Agro Asia, the world’s second largest sorbitol producer, according to Reuters. Sorini, which is controlled by chemicals and fuel distributor PT AKR Corporindo, has production capacity of 195,000 metrics tonnes for sorbitol, 92,800 tonnes for other starch sweeteners and […]

Nestle reports strong growth

12 August 2010 – Nestlé Group has achieved an organic growth of 6.1% and an EBIT margin improvement to 15.1%, according to its latest profit report. The Food and Beverages business achieved 5.7% organic growth, which represents an acceleration over the corresponding period in 2009, particularly in Europe as well as in Asia, Oceania and Africa. […]

Hershey second quarter income falls 35%

30 July 2010 – Hershey’s second-quarter net income fell 35% because of charges for restructuring and to write down the value of a joint venture in India. However, revenue still rose as the company sold more in terms of volume on the back of raised advertising spending.  The company has left its earnings outlook for the […]

New appointments at IOI-Loders Croklaan

29 |Ju;y 2010 –  IOI-Loders Croklaan has announced two new appointments to its corporate team. On 1 September 2010, Sander Fredriks will take over the role of sales and marketing director for IOI-Loders Croklaan Asia. Fredriks has over ten years’ experience in the food industry. For the past three years he has managed the European […]