September 2009 Entries
September 30 2009 - Brazil believes there is legal precedence to win the dispute with the United States in the panel against the anti-dumping measures taken on orange juice, if there isn't a peaceful settlement at the World Trade Organization.
Read full article [FoodBizDaily]
posted @ Wednesday, September 30, 2009 4:15 PM |
September 30 2009 - Unilever Russia has confirmed that the construction of a new complex for the production of ice cream under one of its largest Russian dairy brands Inmarko is continuing according to initial plans.
Read full article [FoodBizDaily]
posted @ Wednesday, September 30, 2009 12:10 PM |
September 30, 2009 – United Spirits Limited is preparing to raise a toast to a whisky named in Honour of a Scottish highland tradition Bagpiper. It is widely expected that at the end of this year Johnnie Walker’s iconic Striding Man will not be striding at the head of the band of the world’s top-selling whiskies.
Read full article [FoodBizDaily]
posted @ Wednesday, September 30, 2009 12:01 PM |
September 30 2009 - The 50/50 joint venture between the companies under the name of Mercaóleo represents an investment of €18 million in the plant itself, in addition to the working capital required to operate at full capacity. The oil bottled will be sold and distributed to customers by its parent companies.
Read full article [FoodBizDaily]
posted @ Wednesday, September 30, 2009 11:46 AM |
September 30 2009 - Canada and the US are taking action in order to obtain a wheat export quota and supply the grain to Brazil since Argentina left that space opened. Brazil imports 60% of the wheat it consumes.
Read full article [FoodBizDaily]
posted @ Wednesday, September 30, 2009 10:43 AM |
September 30 2009 - German retail group Metro Group has announced the construction of its one of the largest food department stores in Russia, in the city of Kirov. The total cost of the project is 20 million euros.
Read full article [FoodBizDaily]
posted @ Wednesday, September 30, 2009 10:25 AM |
September 30, 2009 – The Government of India has today released US$ 2 million to National Bank for Agriculture and Rural Development (NABARD) as first installment for the Dairy Venture Capital Fund (DVCF) for the current year.
Read full article [FoodBizDaily]
posted @ Wednesday, September 30, 2009 10:05 AM |
September 29, 2009 – India’s soy meal export is likely to touch 4.5 million tons in the 2009-10 season starting October on revival of demand abroad even as outbound shipment of the item is estimated to dip to 3.7 million tons in current season.
Read full article [FoodBizDaily]
posted @ Tuesday, September 29, 2009 5:55 PM |
September 29 2009 - After a three-year pause, Georgia may start citrus exports to Russia, said yesterday the Minister of Agriculture of Adjara of (Georgia Autonomous Republic) Emzar Dzirkvadze.
Read full article [FoodBizDaily]
posted @ Tuesday, September 29, 2009 5:23 PM |
September 29 2009 - Before an audience of at least 700 supermarkets from all over the country, João Castro Neves, president of Companhia de Bebidas das Americas (AmBev), made a request: "This is a message that applies to us all: beer beverages shelf space has decreased in the supermarkets which represents a risk for our company and we want to convince you that it is also a risk for the sector itself."
Read full article [FoodBizDaily]
posted @ Tuesday, September 29, 2009 3:30 PM |
September 29, 2009 – United spirits Limited (USL), the world's third largest spirits marketer by volume, has decided to invest US$ 680 for set up four green field primary distilleries.
Read full article [FoodBizDaily]
posted @ Tuesday, September 29, 2009 11:35 AM |
September 29 2009 - The Chinese government has announced the introduction of new requirements regarding with the import of pork from some European countries, European press reports.
Read full article [FoodBizDaily]
posted @ Tuesday, September 29, 2009 11:30 AM |
September 29 2009 - Nestlé Brazil will end 2009 with the largest growth among all subsidiaries of the Swiss company in the world. The statement was made this week by the Brazilian chairman Ivan Zurita, who attended the 43rd Convention of the Brazilian Supermarkets Association (Abras), in São Paulo
Read full article [FoodBizDaily]
posted @ Tuesday, September 29, 2009 10:27 AM |
September 29 2009 - Shares of one of the world's largest brewing company Carlsberg fell more than 3% amid the information about the increase of excise duty rates on beer in Russia.
Read full article [FoodBizDaily]
posted @ Tuesday, September 29, 2009 10:15 AM |
September 29, 2009 – Dabur India Limited, a leading food products manufacturer company, has decided to set up three manufacturing facilities in Egypt and India that will be operational by June-July next year. The company is setting up unit each in Egypt and in two Indian states namely Himachal Pradesh and Uttaranchal.
Read full article [FoodBizDaily]
posted @ Tuesday, September 29, 2009 10:07 AM |
September 28 2009 - One of the largest U.S agribusiness companies CHS has announced the creation of a joint venture with the Russian grain trader Agrico with the goal of manage, production and export of Russian grain. The partnership will enable Agrico to concentrate on grain production and livestock, at the same time providing a foothold to CHS to the strategically important market.
Read full article [FoodBizDaily]
posted @ Monday, September 28, 2009 12:23 PM |
September 28 2009 - It is possible that in the near future, the Russian chicken breasts and legs will be as familiar products on the shelves of European supermarkets, as French cheese or Italian wine. Eight Russian poultry processing plants have already applied for the supply of their products to EU countries.
Read full article [FoodBizDaily]
posted @ Monday, September 28, 2009 11:23 AM |
September 28, 2009 – Bharti Retail, a subsidiary of Bharti Enterprises, today said that the company has set a target to become a USD one-billion company by 2015.
Read full article [FoodBizDaily]
posted @ Monday, September 28, 2009 11:18 AM |
September 28, 2009 – Bharti Retail, a subsidiary of Bharti Enterprises, today said that the company has set a target to become a USD one-billion company by 2015.
Read full article [FoodBizDaily]
posted @ Monday, September 28, 2009 11:08 AM |
September 28 2009 - One of the largest European retail groups German Real (part of METRO Group) has announced today that it’s planning to open its first hypermarket in Ukraine on the 16th of October.
Read full article [FoodBizDaily]
posted @ Monday, September 28, 2009 10:08 AM |
September 28, 2009 – In order to maintain pollution free environment PepsiCo India has set up biogas plant at its Frito-Lay manufacturing unit at Pune. The company is now directly using this gas for the production of its snack product Kurkure.
Read full article [FoodBizDaily]
posted @ Monday, September 28, 2009 9:58 AM |
September 25 2009 - Bunge is building its international sugar platform in Brazil. The first steps were taken in 2006, when the multinational set up a trading company in the country. The business took a giant leap after incorporating the British Tate&Lyle sugar trading and sales division, which made Bunge one of the three largest global exporters of the commodity.
Read full article [FoodBizDaily]
posted @ Friday, September 25, 2009 6:42 PM |
September 25, 2009 – PepsiCo India has said today that surging commodity prices have seriously impacted the company's overall cost structure and it may look at passing it on to the consumers. Mr. Sanjeev Chadha, Chairman, PepsiCo India, said, "It is a very difficult situation. Prices are at a record high right now and that is obviously impacting our overall cost structure".
Read full article [FoodBizDaily]
posted @ Friday, September 25, 2009 4:41 PM |
September 25 2009 - In January-August 2009, Ukraine imported more than 5,000 tons of butter, which is 10 times higher compared with the same period in 2008, Ukrainian media reports. The sharp rise in supplies according to analysts is mostly attributed with the shortages of raw materials in Ukraine.
Read full article [FoodBizDaily]
posted @ Friday, September 25, 2009 12:13 PM |
September 25, 2009 – India is likely to allow the import of refined sugar at zero duty beyond November, 2009 to cool prices. Mr. Sharad Pawar, Minister of Agriculture, Consumer Affairs, Food and Public Distribution, Government of India, said, "We will extend the import of refined sugar at zero duty from its deadline of November-end 2009".
Read full article [FoodBizDaily]
posted @ Friday, September 25, 2009 11:58 AM |
September 25 2009 - On Thursday the Chamber of Foreign Commerce (Camex) kept the duty rate of 10% on wheat imports from countries outside Mercosur, after examining the Department of Agriculture request to increase the tariff.
Read full article [FoodBizDaily]
posted @ Friday, September 25, 2009 11:43 AM |
September 25 2009 - Swiss food giant Nestle has launched a new line of breakfast cereals on its one of the largest confectionery factories in Russia "Kamskaya", located in the Perm Region, sources in the company have told.According to analysts the new line will allow Nestle to take nearly 90% of the Russian and CIS countries breakfast cereal market and will improve the economic situation in the region.
Read full article [FoodBizDaily]
posted @ Friday, September 25, 2009 10:25 AM |
September 25 2009 - Cocoa prices hit this week the highest level in 24 years on the London Stock Exchange, amid forecasts that global consumption will exceed production in the crop year beginning next month. The scenario increased the concern that the cocoa market may be entering its worst period of product shortage in 40 years.
Read full article [FoodBizDaily]
posted @ Friday, September 25, 2009 10:18 AM |
September 25, 2009 – India’s spices export has declined by 10% in volume to 201,410 tons during the April-August, 2009 compared to the same period last year. The exports in dollar terms exports of spices stood at US$ 429.7 million during the period, registering 21% fall over the same period of the previous year.
Read full article [FoodBizDaily]
posted @ Friday, September 25, 2009 10:03 AM |
September 24, 2009 - The 7th World Sugar Trade Conference is going to organize in Singapore from September 29, 2009. This two day conference is expected to discuss the problems of lower sugar production this year.
Read full article [FoodBizDaily]
posted @ Thursday, September 24, 2009 3:25 PM |
September 24 2009 - When the month of September is over, public stocks of corn should be at levels close to 5 million tons, and prices almost 25% lower than the same period last year. The Brazilian government expects to spend R$1.4 billion in 2009 to support sales.
Read full article [FoodBizDaily]
posted @ Thursday, September 24, 2009 3:11 PM |
September 24 2009 - Aldi, Asda, The Co-Operative, Lidl, Marks & Spencer, Morrisons, Sainsbury's, Tesco, Waitrose and the Scottish Retail Consortium met with Rural Affairs Secretary Richard Lochhead and set out their support for Scottish produce.
Read full article [FoodBizDaily]
posted @ Thursday, September 24, 2009 2:55 PM |
September 24, 2009 – The size of the Indian urban food market is estimated at INR 350,000 crore (U$ 70 billion) . The domestic market for processed food is huge and fast growing. The private sector is yet to realize its full potential in the food-retailing sector, as the market is still to explore.
Read full article [FoodBizDaily]
posted @ Thursday, September 24, 2009 11:49 AM |
September 24 2009 - Dutch Heineken has invested more than 80 million euros in the modernization of its Patra brewery located in the Russian Ural city of Yekaterinburg, according to "Patra" “OOO "United Breweries Heineken» branch manager Andrey Fedorchuk.
Read full article [FoodBizDaily]
posted @ Thursday, September 24, 2009 11:35 AM |
September 24 2009 - In order to promote the Brazilian fruit-growing in the Asian market, the Brazilian Fruit Institute (Ibraf) in partnership with the Brazilian Trade and Investment Promotion Agency (Apex-Brazil), promoted Brazilian fresh and processed fruits at the Asia Fruit Logistica International Trade Fair.
Read full article [FoodBizDaily]
posted @ Thursday, September 24, 2009 11:26 AM |
September 24 2009 - The business expansion aimed at low income customers through door to door sales has become a major business platform of Batavo and Nestlé 9n Brazil. The micro-distributors system enables the companies to reach far-away regions where distribution is not 100% efficient.
Read full article [FoodBizDaily]
posted @ Thursday, September 24, 2009 10:25 AM |
September 24, 2009 – Union Minister of Agriculture and Consumer Affairs, Food & Public Distribution, Government of India Mr. Sharad Pawar has called for achieving higher crop production levels in Rabi season to compensate the production losses in the kharif season.
Read full article [FoodBizDaily]
posted @ Thursday, September 24, 2009 10:22 AM |
September 24 2009 - The popularity of confectionery products in Germany is steadily increasing despite the effects of global economic recession, German media reports. The confectionery sales in the country are rising as well as the level of production, industry sources have told.
Read full article [FoodBizDaily]
posted @ Thursday, September 24, 2009 10:16 AM |
September 23, 2009 – Gujarat Co-Operative Milk Marketing Federation (GCMMF), India’s largest milk and milk products producer trading under the brand name of Amul, said that the company has cut 25% of its production due to milk production.
Read full article [FoodBizDaily]
posted @ Wednesday, September 23, 2009 4:37 PM |
September 23 2009 - Italian confectionery giant Ferrero after all anxieties will launch a new confectionery factory in the Vladimir region at the end of this year with the cost of 200 million euros.
Read full article [FoodBizDaily]
posted @ Wednesday, September 23, 2009 4:33 PM |
September 23 2009 - Cadbury PLC CEO, Todd Stitzer, has soften his tone about a potential takeover of the British candy maker by Kraft Foods Inc., recognizing some advantage in combining the two companies.
"I would never say that there is no strategic sense in combining these companies," Stitzer declared to the Wall Street Journal.
Read full article [FoodBizDaily]
posted @ Wednesday, September 23, 2009 4:29 PM |
September 22, 2009 – Central India state Madhya Pradesh wholesale sugar traders have said today that they will go on strike from October 1, 2009 in order to protest against bureaucratic harassment and the control on the movement of sugar.
Read full article [FoodBizDaily]
posted @ Tuesday, September 22, 2009 12:49 PM |
September 22 2009 - The largest Finnish dairy producer Valio has confirmed that it’s planning to start the production of its high-valued yogurts and soft cheeses on two factories in the Leningrad region (Russia). The names of the factories are Galactica and Karelian dairy plant.
Read full article [FoodBizDaily]
posted @ Tuesday, September 22, 2009 12:41 PM |
September 22 2009 - Brazilian milk producers were able to expand an agreement with Argentina to avoid an excessive influx of Argentine dairy products in the country. At a meeting held in Buenos Aires last week, leaders from governments, industry and Argentine producers agreed to include the sales of the fractional product in the bilateral agreement.
Read full article [FoodBizDaily]
posted @ Tuesday, September 22, 2009 12:39 PM |
September 21 2009 - The company will be the third in net income in Brazil and the largest protein company in the world, surpassing Tyson. In one shot, JBS SA announced the merger with Bertin SA and the acquisition of Pilgrim's Pride, one of the largest chicken meat companies in the United States.
Read full article [FoodBizDaily]
posted @ Monday, September 21, 2009 7:21 PM |
September 21, 2009 – The Indian meat and poultry industry has demanded a right strategy for the development of meat and poultry production in the country. This strategy will certainly bring prosperity to millions of our rural citizens and create employment in rural India. Having achieved the Green Revolution, the White Revolution and the Blue Revolution, it a question “can the Pink Revolution be far behind?”
Read full article [FoodBizDaily]
posted @ Monday, September 21, 2009 7:18 PM |
September 21 2009 - Fish and seafood imports to Ukraine during the current fiscal year (October-2008/ September-2009) in volume terms decreased by 23% to 390 thousand tons over the same period of last year. According to experts, during the marketing year Ukraine will import not more than 320-330 thousand tons of fish and seafood products.
Read full article [FoodBizDaily]
posted @ Monday, September 21, 2009 7:14 PM |
September 18, 2009 – The Indian food processing sector comprises of the segments like fruits and vegetables, milk and milk products, beer and alcoholic beverages, meat and poultry, marine products, grain processing, packaged or convenience food and packaged drinks.
A huge number of entrepreneurs in this industry are small in terms of their production and operations and are largely concentrated in the unorganized segment. This segment accounts for more than 70% of the output in terms of volume and 50% in terms of value.
Read full article [FoodBizDaily]
posted @ Friday, September 18, 2009 12:41 PM |
September 18 2009 - Anheuser-Busch InBev CEO Carlos Brito said this week that there will be "much more" room for the company to expand internationally, including acquisitions, after having paid off most of its debts. The world's largest brewer is "focused on deleveraging over the next year or two" although "this does not mean" we cannot evaluate "opportunities," Brito said in a telephone interview in New York.
Read full article [FoodBizDaily]
posted @ Friday, September 18, 2009 12:37 PM |
September 18 2009 - The largest Ukrainian juice maker «Sandora» announced that from 1 January 2010. it will start the production and distribution of two leading PepsiCo brands - Pepsi and 7-Up. The drinks will be bottled on two lines. One of it was launched on 15 July while the second will be put into operation by the end of September. Until 2010 the company is planning to bottle only «FruTonus” drink and later Pepsi and 7-Up.
Read full article [FoodBizDaily]
posted @ Friday, September 18, 2009 12:33 PM |
September 17 2009 - The government of Egypt has offered Russia to sign a long-term agreement on the supply of the Russian wheat, at the same time asking about mechanisms for determining compliance of the supplied products to phytosanitary requirements of Russia and Egypt, as well as specifying an authority responsible for supervision and control in this area, said the Ministry of Agriculture of Russia Elena Skrynnik.
Read full article [FoodBizDaily]
posted @ Thursday, September 17, 2009 6:54 PM |
September 17, 2009 – Export and Import Bank of India (EXIM Bank) has decided to finance up to 50% for branding Indian organic tea in overseas markets. Mr. T.C. Venkat Subramanian, Chairman and Managing Director, Exim Bank, told reporters, “We will lend planters by way of grant up to 50% to promote organic teas as Indian brands in international markets by getting geographical indication (GI) certification”.
Read full article [FoodBizDaily]
posted @ Thursday, September 17, 2009 6:51 PM |
September 17 2009 - Wal-Mart launched this week in the northeastern Brazilian city of Fortaleza , the Producers' Club project to bring farmers together. Consumers of Ceará state can save up to 30% purchasing fresh fruits and vegetables in Wal Mart stores and also helping increase the income of local farmers.
Read full article [FoodBizDaily]
posted @ Thursday, September 17, 2009 6:47 PM |
September 16, 2009 – Although some of the Indian state governments allowed beer sales in the supermarkets but most of the states are still have a taboo to sale wine and beer in the supermarkets. In view of this taboo among the governments, Indian wine industry has demanded to allow wine sale in the supermarkets as well as plead for reducing tax burden on wine.
Read full article [FoodBizDaily]
posted @ Wednesday, September 16, 2009 1:00 PM |
September 16 2009 - The Brazilian producers of fresh fruits and vegetables will increase its presence in the Russian market, according to the Ministry of Agriculture of Brazil, Eduardo Marquez Sampo. In 2008, the main export items of Brazil to Russia were cattle meat (403 tons at 1,3 billion dollars), pork (239 tons at $698 million), poultry (169 thousand tons at $295 million), sugar (2.1 million tonnes at $791 million) as well as tobacco (96 tons to 320 million dollars).
Read full article [FoodBizDaily]
posted @ Wednesday, September 16, 2009 12:57 PM |
September 19 2006 - In August 2009, seafood exports showed signs of recovery and experienced significant growth rates in such markets as the U.S., and some American countries, up 20 percent in volume, and 6-8 percent in value compared with the same period last year .
Read full article [FoodBizDaily]
posted @ Wednesday, September 16, 2009 12:53 PM |
September 15, 2009 – Tea, Coffee and Spices planters in India have expressed unhappiness regarding Free Trade Agreement (FTA) signed by the Government of India with the Association of South East Asian Nations (ASEAN).
Read full article [FoodBizDaily]
posted @ Tuesday, September 15, 2009 8:06 PM |
September 15 2009 - The world’s largest drinks producer Diageo continues its massive expansion of the Russian drinks market announcing the start of sales of its famous whiskey Bell's brand, as well as Tanqueray No. Ten gin in the premium segment.
Read full article [FoodBizDaily]
posted @ Tuesday, September 15, 2009 8:03 PM |
September 15 2009 - Tetra Pak, one of the largest aseptic packaging companies in the world, expects to achieve sales of 10 billion packages in Brazil this year, representing growth of 3.1% over last year, according to company president, Paulo Nigro.
Read full article [FoodBizDaily]
posted @ Tuesday, September 15, 2009 8:01 PM |
September 14 2009 - The olive oil market in Brazil has been benefited by consumer’s growing culinary sophistication. Sales have grown 6% a year and now the country is the fifth largest importer of the product and the third largest importer of olives, a deal worth U$ 400 million annually.
Read full article [FoodBizDaily]
posted @ Monday, September 14, 2009 3:31 PM |
September 14, 2009 – Considering that Sikkim, a hill state of India, is home to a wide range of medicinal plants grown in the wild, honey produced in Sikkim has been found to have medicinal properties and at times, rare ingredients. Further, honey produced from high altitude flora is being considered to be of better quality.
Read full article [FoodBizDaily]
posted @ Monday, September 14, 2009 12:46 PM |
September 14 2009 - Dutch brewing giant Heineken has confirmed that it has stopped the production of beer at Stepan Razin brewery in St. Petersburg. All the brands of this company will be transferred to another production site. Instead of the production site the company is planning to establish a logistics center. Analysts believe that this move will help Heineken to reduce the cost of production of Heineken beer in a stagnant market.
Read full article [FoodBizDaily]
posted @ Monday, September 14, 2009 12:35 PM |
September 14 2009 - The French group Bonduelle announced - in a parallel event to the French-Brazilian business meeting - investments of R$115 million in a vegetable processing and canning factory in the city of Cristalina (GO). World leader in vegetables processing, Bonduelle plans to produce 120 thousand tons of peas, corn, broccoli, cauliflower, carrots and beets by 2018.
Read full article [FoodBizDaily]
posted @ Monday, September 14, 2009 10:44 AM |
September 14 2009 - The Russian dairy importers for the past three weeks can not supply their milk and dairy products to the Belarusian market due to an unofficial ban imposing by the Belarusian government, Russian media reports.
It is clear that, despite the absence of customs borders, any dairy products can be supplied to Belarus only with the permission of the Ministry of Agricultural of the country. According to sources close to the Ministry, Belarus still receives applications for the Russian imports but without any further action.
Read full article [FoodBizDaily]
posted @ Monday, September 14, 2009 10:26 AM |
September 14, 2009 – The Government of India is planning to formulate a policy on Indian Nutraceuticals and it is expected that the first ever policy on nutraceuticals would be announced by December 2009.
According to Dr. P I Suvrathan, Chairman, Food Safety and Standards Authority of India (FSSAI), the Government of India has set up 8 committees to study the issues related to the Indian nutraceuticals.
Read full article [FoodBizDaily]
posted @ Monday, September 14, 2009 10:19 AM |
September 11, 2009 – The Minister of Agriculture, Consumer Affairs, Food and Public Distribution, Government of India, Mr. Sharad Pawar has urged the cooperative sugar factories in the country to play a more pro-active role and shoulder the responsibility of importing more raw sugar, not only for better utilization of their processing capacity, but also to fulfill their obligation of providing adequate and affordable sugar to the nation.
Read full article [FoodBizDaily]
posted @ Friday, September 11, 2009 3:54 PM |
September 10, 2009 – Nestlé, Hindustan Unilever, Kellogg, Cadbury, Agro Tech Foods Ltd, FieldFresh Foods Pvt Ltd (a unit of Bharti Enterprises), Bambino Agro Industries Ltd, Britannia Industries Ltd, Godrej Hershey Foods, Parle and Safal are in the 'Red list' of Safe Food Guide released by Greenpeace India, a leading international NGO.
Read full article [FoodBizDaily]
posted @ Thursday, September 10, 2009 10:27 AM |
September 9, 2009 – Exports of agricultural products from India will more than double to top $20 billion in the next five years, said Mr. S Dave, Director, Agricultural and Processed Food Products Export Development Authority (APEDA) here today while addressing a business meet organized by the Associated Chambers of Commerce and Industry (ASSOCHAM).
Read full article [FoodBizDaily]
posted @ Wednesday, September 09, 2009 4:14 PM |
September 08 2009 - SABMiller Africa announces that its operating subsidiary in Zambia, Heinrich's Syndicate Limited, has entered into an agreement with Trade Kings Limited to acquire its Maheu business for a total cash consideration of approximately US$19.25 million. The transaction includes the purchase of the Maheu brand ‘Super Maheu No.1' which is a non-alcoholic maize drink available in a variety of flavours.
Read full article [FoodBizDaily]
posted @ Tuesday, September 08, 2009 4:43 PM |
September 8, 2009 – Yakult Danone India Private Limited, a 50:50 Joint Venture between Yakult Honsha of Japan and the dairy major Group Danone of France, is entering into the Indian food market by launching its probiotic health drink YAKULT from its global portfolio of probiotic products in Indian market.
Read full article [FoodBizDaily]
posted @ Tuesday, September 08, 2009 12:10 PM |
September 7, 2009 – In view of lower prices of Chinese apple juice concentrate in Indian market the domestic apple growers are facing problems and the largest apple producing Indian state Himachal Pradesh demanded import duty hike on apple juice concentrate from China.
Read full article [FoodBizDaily]
posted @ Monday, September 07, 2009 9:40 AM |
September 04 2009 - All over the world and throughout history, flour has been considered a product of high nutritious value, used as a primary component in bread-baking, confectionery, pasta production and other industries. It can rightly be called a staple food and efficient means of satisfying hunger.
Lately, a number of factors have contributed to a rise in demand for flour including population growth, particularly in India and China, and lower income levels making customers choose in favour of more economic products.
Read the free report [FoodBizDaily]
posted @ Friday, September 04, 2009 6:03 PM |
September 4, 2009 – In order to increase export of meat and meat products, poultry, marine and dairy products the Government of India has extended tax holiday benefit for the assessment year 2010-2011 to the business of processing, preserving and packaging of meat and meat products, poultry, marine and dairy products if it began to operate such business on or after April 2009.
Read full article [FoodBizDaily]
posted @ Friday, September 04, 2009 3:00 PM |
September 03 2009 - At the beginning of the twentieth century, Venezuela was one of the largest coffee exporting countries in the world. In August, for the first time, the product shortage forced the country to import coffee from Brazil, even with the Venezuelans saying that the grains do not equal the quality of the domestic coffee grains - the Arabic type.
Read full article [FoodBizDaily]
posted @ Thursday, September 03, 2009 4:40 PM |
September 3, 2009 – Indian dairy industry has urged the Government of India to support dairy products exporters in the country in the form of subsidy so that the Indian dairy exporters may compete with the exporters of USA, EU and other countries where the governments are extending support to the dairy exporters by way of high subsidy.
Read full article [FoodBizDaily]
posted @ Thursday, September 03, 2009 11:34 AM |
September 02 2009 - In the small world of coconut water, nobody wants to be caught off-guard. A little less than a month, PepsiCo and Água de Coco da Amazônia (Coconut Water from the Amazon), the Amacoco, announced the acquisition of the Brazilian company by the American multinational.
Read full article [FoodBizDaily]
posted @ Wednesday, September 02, 2009 4:55 PM |
September 1, 2009 – Tata Tea, a major tea producer in India, has said today that the company has decided to focus on global distribution expansion in the Middle East, South America, South Africa and the Commonwealth of Independent States including Russia.
'We would look at expanding our global distribution in these four regions through joint ventures or partnerships,' said Mr. P D Unsworth, Chief Executive Officer, Tata Tea.
Read full article [FoodBizDaily]
posted @ Tuesday, September 01, 2009 11:14 AM |
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