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Global
Healthy Marketing Team opens Asia office

Healthy Marketing Team opens Asia office

London-based global healthy food marketing company, Healthy Marketing Team (HMT) is opening an office in Singapore effective July 1. The move is taken in response to increased client demand for our services in this key

Global
Nestle Nutrition reports 6.4% growth in first quarter

Nestle Nutrition reports 6.4% growth in first quarter

Nestlé Nutrition reported sales of CHF 2.3 billion with 6.4% organic and 2.2% real internal growth for the first quarter ended on March 31. Emerging markets, notably China and the Middle East were the main

Global
Cargill earnings drops 28%

Cargill earnings drops 28%

Cargill reported net earnings of $319 million in the third quarter ended February 28, 2014 down 28% from $445 million in the year-ago period. Nine-month earnings were $1.45 billion, down 21% from $1.83 billion a

Global
BASF Petronas to set up new ingredients facility in Malaysia

BASF Petronas to set up new ingredients facility in Malaysia

Malaysian Prime Minister Mohd Najib Tun Abdul Razak officiated the groundbreaking of an integrated aroma ingredients complex, set up by BASF and PETRONAS Chemicals Group Berhad (PCG) via their joint venture company BASF PETRONAS Chemicals.

Global
DSM in talks to acquire Chinese vitamin C producer

DSM in talks to acquire Chinese vitamin C producer

Royal DSM, a global life sciences and materials sciences company, is in discussion with China-based vitamin C producer “Aland Nutraceutical Holding Ltd” for the acquisition of the latter. According to the company’s statement DSM is

Global
Sami Labs and Arya Vaidya Sala, Kottakal sign MOU for cooperation

Sami Labs and Arya Vaidya Sala, Kottakal sign MOU for cooperation

Sami Labs, Bangalore and Arya Vaidya Sala (AVS), Kottakal have signed a Memorandum of Understanding (MOU) for co-operation in product development and marketing. The MOU was signed at Kottakal by senior authorities of AVS and

Global
Sun Pharma to buy Ranbaxy

Sun Pharma to buy Ranbaxy

Sun Pharmaceutical Industries is all set to buy Ranbaxy Laboratories for $3.2 billion all-share deal thus creating the fifth-largest generic drug maker. Both the firms are struggling with quality issues in the United States market.Ranbaxy

Global
Fonterra launches China – NZ exchange centre for dairy development

Fonterra launches China – NZ exchange centre for dairy development

Global dairy leader Fonterra launched China-New Zealand Dairy Exchange Centre in Beijing. The centre is a joint initiative between Fonterra and China’s National Dairy Industry and Technology System to support the sustainable development of the

Global
Kraft Cheese removes artificial preservatives from cheese slices

Kraft Cheese removes artificial preservatives from cheese slices

Kraft Foods, an American grocery manufacturing and processing conglomerate headquartered in the Chicago has announced it is taking an artificial preservative, sorbic acid out of some of its individually wrapped Kraft Singles slices. It is

Global
Nestle divests PowerBar to US firm Post Holdings

Nestle divests PowerBar to US firm Post Holdings

Nestle had announced that it has sold its premium sports nutrition business under the PowerBar and Musashi brands to Post Holdings, a US based consumer packed goods holding company. Nestlé’s premium sports nutrition business operates