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Asia Pacific: Hershey acquires 80% of Shanghai Golden Monkey Food Joint Stock

The Hershey Company has completed the initial closing and acquired an 80% stake in Shanghai Golden Monkey Food Joint Stock Co., Ltd. (SGM), a...

Asia Pacific: Irish Dairy Board launches Whole Milk in China

The Irish Dairy Board (IDB) has launched in China Whole Milk under its new Kerrygold Chinese trade mark, 金凯利. This announcement is a key part...

Asia Pacific: Olam buys ADM Cocoa for US$1.3B

Singapore-based Olam International Limited will acquire the global cocoa business of Archer Daniels Midland Company (ADM) at an enterprise value on a cash and...

Asia Pacific: Veolia Water Technologies releases modular water treatment systems

Veolia Water Technologies has launched its new Orion that provides compendial purified water with sustainability features such as low energy membranes Reverse Osmosis (RO),...

Europe/Asia Pacific: Nuts found to lengthen lifespan, say researchers

Researchers examined the association of nut consumption with mortality among low-income and racially diverse populations and found that the intake of peanuts was associated...

Asia Pacific: Carlsberg acquires Wusu Beer Group

The Carlsberg Group will increase its ownership to 100% in Wusu Beer Group (WBG) based in Xinjiang, China. WBG owns six breweries in Xinjiang with...

Asia Pacific: Philippines to manufacture Cheetos snacks, says PepsiCo

PepsiCo says its beverage bottling partner in the Philippines will manufacture and distribute a range of PepsiCo's popular Cheetos snack products and flavors to...

Asia Pacific: Fonterra releases June guaranteed milk price

Fonterra has set the June Guaranteed Milk Price (GMP) at US$5.25 per kgMS, which is the same price as the opening 2015/16 forecast Farmgate...

Asia Pacific: Amcor buys Indian flexible packaging company

Amcor announces today the INR 1,650 million (US$26.4 million) acquisition of Packaging India Private Limited (PIPL) from Essel Propack, a publicly listed specialty packaging...

Asia Pacific: Celanese exhibits sweetener solutions at Fi Asia 2015

Celanese Corporation exhibited sweetening and preservation solutions at Food Ingredients Asia 2015 from September 9 to 11 in Bangkok, Thailand. They include: - Qorus Sweetener System...