Wilmar partners with Singapore for a new US$80.1m research facility

ASIA - Asian agribusiness company Wilmar International and the National University of Singapore (NUS) have invested in a new research laboratory to conduct clinical nutrition and synthetic biology research to create healthier food products, worth US$80.1 million. According to FoodBev, the laboratory seeks to strengthen Singapore’s innovation system by conducting industry-relevant research and development. Research…

Pick n Pay opens new Harbour Bay Simon’s Town franchise store

SOUTH AFRICA - One of the largest South African retailers, Pick n Pay has opened a new Harbour Bay Simon’s Town franchise store in Simon’s town, taking their retail experience and services to customers in the town, reported Business Day. The new store offers a range of fresh produce plus a gourmet butchery counter to…

100 jobs to be lost as Nestle closes facility in Portugal by end of 2018

EUROPE – Nestlé, a Swiss transnational food and drink company, is set to close a production facility which produces the coffee substitute drink Caro by the end of 2018, at the cost of approximately 100 jobs. According to FoodBev, a report in the Stuttgarter Zeitung said the production of Caro will be moved from the…

East Africa eyes Southeast Asia’s meat market through Hong Kong

ETHIOPIA - East African countries have declared an interest in entering the Southeast Asia’s meat and live animals market via Hong Kong under the Intergovernmental Authority on Development (IGAD). In a statement, IGAD said penetrating the market through Hong could possibly eliminate the challenges its member countries are facing while exporting their products to MENA…

China imposes anti-dumping penalties on Brazil chicken products

CHINA - China has announced plans to impose anti-dumping duties on broiler chicken products imported from Brazil citing an investigation that indicated increasing imports were damaging the domestic poultry industry. Bloomberg reported that the Ministry of Commerce said that importers would now have to pay deposits of between 18.8 to 38.4% on purchases to Chinese…

McDonald’s 15 outlets in the North and East hits record high in sales in May

INDIA - McDonald’s 15 outlets in the North and East have hit a record high in sales for May, high above previous records, according to Connaught Plaza Restaurants(CPRL) MD Vikram Bakshi. This follows a legal battle between McDonald’s and CPRL after McDonald’s India Pvt (MIPL) which runs McDonald’s outlets in north and east India terminated…

Wilmar invests US$125.1m in palm oil plantation

NIGERIA - Wilmar plantation, a subsidiary of Biase Plantations Limited (BPL) has invested more than US$125 million in its palm oil plantations as well as corporate social responsibility projects. The investment is also geared towards education, capacity building, health, employment, and economic development. Wilmar looks forward to start production at the plantation having installed a…

Orkla consolidates biscuits production to build new factory in Europe

NORWAY – Orkla, a Norwegian conglomerate operating in the Nordic region, has consolidated production of biscuits in the Group, to build a new biscuits factory outside Latvia, Europe. According to the company, investing in a new, modern factory and concentrating production in one location, can strengthen the future competitiveness and innovative ability and at the…

Molson Coors expands its soft drink brand with acquisition of Clearly Kombucha

USA - US brewer Molson Coors has expanded its portfolio of soft drink brands with the acquisition of California-based Clearly Kombucha from Top Shelf Beverages for an undisclosed sum. Kombucha is one of the fastest-growing segments of the packaged soft drinks market, and Molson Coors stated that projections estimate that the category will grow more…

Firmenich partners with Nelixia to expand natural ingredients reach in Central America

SWITZERLAND - Firmenich SA, the Swiss fragrance and flavors company has entered into a strategic partnership with Nelixia, the Guatemala based producer and exporter of essential oils to expand their natural ingredients reach in Central America. Firmenich is investing in Nelixia significantly expanding its raw materials portfolio as well as accelerating its potential in natural…