DanoneAQUA partners with Re-Pal in promoting a circular packaging economy in Indonesia

INDONESIA – Danone-AQUA, the bottled water unit of Danone in Indonesia has partnered with plastic recycling company, Re-Pal Indonesia for the development of plastic pallets made from AQUA label. To strengthen the collaboration, the companies […]

Yili posts strong half-year results as its global expansion gains momentum

CHINA – Yili Group, a state-owned Chinese dairy company, posted net profit of RMB 3.8bn (US$505 million) during its first half of 2019, supported by continuous expansion in Southeast Asia. Yili’s global operating revenue grew […]

Barry Callebaut expands in Indonesia with second chocolate plant

INDONESIA – Switzerland-based chocholate and cocoa products producer, Barry Callebaut has inaugurated its second chocolate manufacturing plant in Rancaekek, Indonesia. The new factory follows Barry Callebaut’s “plant in plant” concept, where the Group integrates new […]

Nestlé unveils US$100m expansion plan of three factories in Indonesia

INDONESIA – Nestlé has announced a US$100 million investment to expand three factories in Indonesia, as the company aims to increase its current production capacity in the country by 25%. The investment will be used […]

Coca-Cola Amatil launches venture capital arm Amatil X in Indonesia

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 […]

IRRI opens new rice research hub in Indonesia to accelerate impact delivery

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 […]

Olam acquires Indonesia’s largest cocoa processor BT Cocoa for US$90m

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 […]

Barry Callebaut and Garudafood extends supply partnership in Indonesia

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 […]

Nestlé launches new improved MILO with 25% less sugar

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 […]