New liquid sweetener brand Zerup believes its products will open new avenues for more beverages in Singapore to go zero-sugar with no compromise on taste, helping firms to comply with the local Nutri-Grade requirements more easily.
Singapore’s Lion Brewery Co is aiming to inspire other local breweries to put Singapore-produced craft beer on the world map, as it makes moves to take the brand to other South East Asian countries and the Middle East.
Korean alcoholic beverages such as soju, traditionally clear liquor usually distilled from rice, wheat or barley, appear to be gaining in popularity in South East Asian markets.
Thailand’s Malee Group PCL, known for its range of fruit juices and canned fruit, has acquired Vietnam beverage firm Long Quan Safe Food Joint Stock Company (LQSF) for 330m baht (about US$10.5m) to drive South East Asian production and export sales.
ThaiBev recently completed its acquisition of Saigon Beer Alcohol Beverage Corp. (Sabeco) with “action to consummate the transfer of sale shares” having taken place.
Suntory Beverage & Food and PepsiCo have agreed to create a soft drink joint venture in Thailand, helping Suntory expand its beverage business in the country.
Miraka, New Zealand’s first Maori-owned milk company, has signed an MOU with Malaysian company Storiiu, a food distribution business, to supply their flagship consumer food, Whai Ora.
Prompted by a market that is showing signs of substantial growth, one of the world’s leading food packaging companies will invest US$25.6m to build a plant to manufacture packaging closures in Thailand.
Bosch has relocated its R&D activities to a new facility in Pittsburgh, Pennsylvania, having outgrown its previous location in various buildings across the city.
A senior Indonesian official has proclaimed his country’s food and beverage industry as the strongest competition in the burgeoning Asean Economic Community.
Nestlé’s Philippines operation is investing PHP2bn (US$43m) in a new plant south of Manila to manufacture a key ingredient for its popular Milo fortified chocolate drink.
Coca-Cola Beverages Vietnam has been fined for various violations, including the manufacture of food supplements without the required safety certificates, following an inspection carried out by the health ministry last month.
Gourmet coffee wholesaler DTS8 Coffee Company has plans to expand into the world’s fastest growing coffee-shop market by acquiring existing coffee chains.
Singapore’s Fraser and Neave has confirmed that it hopes to buy into the European beer market through the purchase of Peroni and Grolsch from Anheuser-Busch InBev.
The opportunities for can growth are tremendous in China, according to Tim Donahue,president, COO, Crown Holdings, but ‘the issue there is capacity and pricing’.
Huhtamäki Oyj's subsidiary has entered into an agreement to acquire Butterworth Paper Cups, a privately owned paper cup and foodservice packaging manufacturer in Malaysia for €8m.
Thai Drinks will invest US$92m in promoting 100Plus, a functional drinks brand made by Fraser and Neave, the Singaporean manufacturer with which it shares its parent, ThaiBev, the Thai alcoholic drinks major.
Danone has sealed a deal with Philippine food and beverage firm Universal Robina Corporation (URC) to establish a joint venture to manufacture beverages in the country.
By Shane Starling at FI-Asia in Jakarta, Indonesia
From tea yoghurt to coffee fruit energy, portable water enhancement to Milo’s brand expansions, Mintel shared category-busting innovation at Food Ingredients-Asia in Jakarta, Indonesia, this week.
Nestle has spent $36.6m expanding its Milo chocolate malt beverage factory in Vietnam and stressed its ‘firm belief in the potential of the country’ as nutritional drinks demand grows.
Malaysian food companies are lazy in comparison to their counterparts north of the border in Thailand, and are not willing to experiment with formulations the way their neighbours have become accustomed to do.
Ball Corporation will build a one-line beverage can manufacturing plant in Myanmar for Coca-Cola Pinya drinks and several other regional and multi-national customers.
Owens-Illinois, the world's largest glass container manufacturer, will increase investment in its Jakarta plant, having already increased its production line speed and capacity to support Southeast Asian growth.
PepsiCo have teamed-up with arguably the second best team in English football Manchester United - I'm a Liverpool fan - to sponsor the club in Thailand, Malaysia, Singapore, Burma, Cambodia, Laos and Brunei.
Angry Birds branded fruit juices featuring characters from the iconic video game are being launched in Thailand, in a move that marks their first flight into Southeast Asia.
Heineken strongly denies to BeverageDaily.com that the resignation of several high-profile managers from its recent $6.53bn acquisition Asia Pacific Breweries (APB) attests to unrest at the Singapore-based firm.
Beverage major PepsiCo has taken a major step towards cracking the growing Vietnam market by signing a strategic agreement with Japanese beverage and wellness player Suntory.
Tetra Pak has completed a €42m site expansion in Singapore and opened a ‘coconut knowledge’ center at the site, as it tipped the US as the main driver for impressive global growth in drinks using the fruit.
Heineken says the success of its multi-billion bid for JV partner Fraser & Neave’s stake in Asia Pacific Breweries would strengthen its presence in ‘dynamic economies with fast-growing populations’, as one analyst said the firm's fast footwork...
Crown Holdings will boost its annual beverage can production capacity in China and Malaysia by nearly 1.5bn in order to meet growing demand in the countries.
Ball has announced plans to build a new beverage can plant in Vietnam on the back of increasing demand from the growing middle class in South East Asia.
The penetration of Asian markets by functional ingredients manufacturers continues apace with the launch of a juice containing cholesterol lowering plant sterols and stanols in the Philippines.
Flexible packaging suppliers could see strong growth for their products in the food markets of South East Asia, though a parallel rise in environmental concerns may require further investment and developments in biodegradable alternatives, suggests a...
Carlsberg has acquired a 10 per cent stake in Vietnam's second
largest brewer as it looks to increase its market share in the
country's growing beer market.
One of Southeast Asia's leading food and beverage companies San
Miguel said yesterday that it was planning to establish a presence
in Thailand's growing beer market.
A 15-year drive to develop a network of international breweries
continues to pay dividends for Singapore's Asia Pacific Breweries,
which has reported a 19 per cent increase in profits for the first
quarter of 2005.
San Miguel says it is looking to expand its food and beverage
business outside of the Asian market, building on moves introduced
earlier this year to extend its business beyond the domestic market
and into Asia. Simon Pitman reports.
Danisco Flavours has said that it will double its flavour
production in Asia with the construction of a brand new production
facility at its existing emulsifier and functional systems plant in
Penang, Malaysia.
San
Miguel has started construction of a new beverage manufacturing
facility in Java, Indonesia, as part of its aim to further expand
its operations beyond the domestic Philippines market and into the
Asia Pacific region.
Leading Australian biscuit manufacturer Arnott's Biscuits, part of
the global food giant Campbell Soup, says it wants to expands it
presence throughout the Asian region.
The US could see its share of the wheat market in Indonesia,
southeast Asia's biggest buyer, cut by half this year as a result
of surging freight tariffs. Rocketing prices are transforming
global food export markets as importers...
Philippines group San Miguel Corp plans to invest $140 million
(€144m) to build two glass plants in Australia, according to a
report in the Australian Financial Review.
