The Australian Federal Government's Foreign Investment Review Board (FIRB) is allowing China's Moon Lake Investments to acquire Australia's largest dairy producer, Van Diemen's Land Company (VDL). The purchase price is AUD$280 million for ...
Food Standards Australia New Zealand (FSANZ) is seeking comments on its proposed approach to revising infant formula requirements in the Food Standards Code. FSANZ Chief Executive Officer Mr Steve McCutcheon said although breastfeeding is ...
Tags: Infant Formula, Food Standards
Wesfarmers has attributed its latest successful half-yearly results to a strategic emphasis on customer service, good value and improved product ranges in its Coles supermarkets and other retail stores. The parent company of Coles ...
Tags: Wesfarmers, Retail business
Specialty ingredients provider Mantrose-Haeuser has announced plan to acquire Holton Food Products Company, to expand its presence in the bakery market. Holton Food Products Company is a US-based supplier of food stabilizer and dry egg ...
Tags: Bakery Market, dry egg
Jamestrong has started installing a new infant formula can line to meet consumer demand. The $8 million investment follows the company’s recent $13 million investment in a KBA Metal Star 3 metal printer to boost its nutrition and ...
The A2 Milk Company today posted a record net profit of NZ$10.1 million (AUD$9.34 million) for the six months ended the 31 December 2015. The dairy producer which specialises in products made from milk that contains the A2 protein only ...
Tags: Infant Formula, A2 Milk
Infant formula sales have grown by 30 per cent in the past year according to Dairy Australia’s new Situation and Outlook report released today. The growth in formula sales is the highlight of the report which otherwise reflects an ...
Tags: Infant formula, Milk
Victorian-based dairy processing giant Murray Goulburn dairy co-operative will be replacing Bega Cheese as Coles’ private label cheese supplier from January 2017. Bega Cheese has been providing cheese sold under Coles private label ...
Tags: dairy processing, Cheese
Chipshow LED BillboardIn Russia, a cinema chain has taken advantage of LED billboards in order to advertise the menu of products which are available from its concessions stand. Formula Kino cinemas across the capital of Moscow and ...
Tags: LED billboards, LED, Chipshow
Taiwan-based makers in the iPhone supply chain must have been aware that sales of iPhone 6s and 6s Plus have gradually lost their momentum, meaning Apple's orders for iPhones and related parts and components are going to decline in the ...
Tags: iPhone, iPod, Apple Watch
Eco-friendly cars and self-driving technology became the hot topics for the international automobile industry in 2015. In January at Detroit's North American International Auto Show, over 40 new vehicles were unveiled. They included a ...
Tags: Eco-friendly Cars, Self-driving
The 60th international book fair opened in Belgrade on Sunday with Russia as the guest of honor and the participation of some 500 exhibitors, of which 67 come from outside Serbia. The fair was opened with speeches by Russian historian and ...
A listed Chinese herbal medicine maker on Thursday said its compound flu formula has received approval from the U.S. Food and Drug Administration (FDA) for clinical tests. The decision has paved the way for Chinese herbal medicine to ...
Tags: Chinese Herbal Medicine, FDA
UK-based dairy processing company Dairy Crest has acquired the remaining 50% shares in Promovita Ingredients Limited held by Fayrefield Foods Limited for £6m cash. Promovita was established as 50:50 joint venture between Dairy Crest ...
Tags: Dairy Crest, Promovita, Agriculture
A Melbourne dairy processor is embedding laser coding into infant formula tins heading to China to reduce the risk of contamination. The tins from Camperdown Dairy International (CDI) will each have a unique identifier showing details of ...
Tags: Camperdown Dairy International, Laser coding, Packaging