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ASIA – Coca-Cola Amatil has announced that it will launch its corporate venture capital arm Amatil X in Indonesia as it looks to accelerate innovation and investment in local startups. Launched last year, the venture arm aims to provide digital startups with a platform to grow while providing innovative solutions for the development of the…
INDONESIA - The International Rice Research Institute has opened new research hub in Indonesia to accelerate rice initiatives in areas of innovation and expertise in the country. IRRI said the new office will accelerate rice knowledge and technology transfer initiatives already underway in the country, while boosting production. The inauguration was supported by the Indonesian…
INDONESIA – Agribusiness giant, Olam International has bought 85% stake in YTS Holdings Pte Limited, the parent company of Indonesia’s largest cocoa processor, BT Cocoa for a consideration of US$90 million. According to Olam, the deal will enable it to capitalize on the growing Asian market, which is poised to become the largest global consumer…
INDONESIA - Barry Callebaut, one of the world’s largest cocoa producer has signed a long-term agreement with food and beverage company, Garudafood, extending their supply partnership in Indonesia. As part of the agreement, Barry Callebaut will supply another 7,000 tonnes of compound chocolate per year to Garudafood’s biscuit factory in Rancaekek, Bandung, with the deliveries…
INDONESIA - Nestle, a transnational food and drink company, has launched new MILO with improved recipe, and 25% less sugar, as part of its continuous innovation and commitment to providing healthier and tastier choices. “Our commitment to enhancing quality of life and contributing to a healthier future is what motivates Nestlé’s innovation and renovation efforts…
INDONESIA – Azelis, the leading specialty producer and supplier, has announced that it will exhibit at Fi Asia Jakarta, Indonesia, the region’s most prominent food and beverage event, for the first time, expanding its market presence. According to the company, it expanded into Indonesia with the opening of an office in Jakarta in 2017. Antonius…
INDONESIA – Cargill, an American privately held global corporation, has opened an aquaculture innovation center in Indonesia to work with freshwater fish farmers in raising farming and feeding standards. According to the company, the Technology Application Center (TAC) is located at Ciseeng, Parung-Bogor, which is a hub for freshwater aquaculture in Indonesia. It will bring…
SOUTH AFRICA - Indonesian companies showcasing at the Africa's Big Seven food and beverage trade show held in Midrand are seeking to export their products such as Indomie and ABC Noodles in South Africa and penetrate the rest of the African market. A report by ANA revealed that the three-day trade fair which opened on…
INDONESIA - Buhler has added a new cocoa application lab at its coca application facility in Indonesia to allow it offer complete cocoa processing trials to its customers in Southeast Asia. According to Buhler, the lab will be managed by two service engineers and a consumer food technologist who would offer trials ranging from cocoa…
LONDON - Consumer goods giant Unilever has laid bare its entire palm oil supply chain, including all the suppliers and mills it sources from, to boost transparency in a rare industry move. Unilever said it was the first consumers goods company to publish such details, having disclosed the location of more than 1,400 mills and…