Carlsberg reports strong first half boosted by Asia, premium beers sales

DENMARK – Global brewing company, Carlsberg has reported strong first-half results, with solid profit improvement of 17.7% boosted by premium beer and sales in the Asian market. The Tuborg and Holsten owner reported a 6.5% […]

Yili launches new ice cream products for Southeast Asia

ASIA – Asia’s leading dairy products producer, Yili Group is set to unveil eleven new ice cream products in Southeast Asia as it strives to expand its presence in the market. The new products include […]

Intersnack Group acquires URC to boost Oceania operations

ASIA – Universal Robina Corporation (URC), a Philippine-based snack food and beverage company has partnered with the Dutch savory snacks producer Intersnack Group to boost its operations in Oceania. As part of the transaction, URC […]

Cargill invests in Israeli startup Aleph Farms to underpin protein focus

ASIA – Cargill is investing in Israeli cultured meat company, Aleph Farms which has raised US$11.65 million in a series A round of funding. According to Cargill, the investment diversifies its protein interests to meet […]

AB InBev’s Asia business files for Hong Kong IPO valued at US$5b

ASIA – World’s largest brewer, AB InBev has filed for Hong Kong initial public offering (IPO) of its business in Asia Pacific, in a deal which could be worth US$5 billion. According to a Reuters […]

Ingredion expands virtual lab capabilities to dairy application in Asia Pacific

ASIA – Global ingredients company, Ingredion has extended its virtual laboratory capabilities, INSIDE IDEA LABS to the dairy market in the Asia-Pacific region. The virtual dairy lab brings insights and application expertise in dairy product […]

Fonterra and Coca-Cola in strategic alliance to grow in Southeast Asia

ASIA – The world’s soft drinks giant, Coca-Cola and New Zealand’s dairy co-operative, Fonterra have entered into a strategic alliance to capitalize on the growing dairy and beverages market in Southeast Asia. The companies are […]

Louis Dreyfus to invest in Malaysian poultry and food firm Leong Hup

ASIA – Leading agribusiness merchant, Louis Dreyfus Company (LDC) has announced that it will invest in Malaysian poultry and livestock feed company, Leong Hup International (LHI) ahead of planned initial public offering. LDC said the […]

Cargill to invest US$112m in corn processing plant in China

ASIA – Leading agribusiness company, Cargill has said that it will invest US$112 million at its corn processing facility in Songyuan, Jilin, China in capacity expansions. This is part of the joint initiative between Cargill […]