Archives for November 15, 2016

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Charoen Pokphand grows profits by 45% in third quarter

By Aidan Fortune

Thai poultry producer Charoen Pokphand Foods’ (CP Foods) operational profit in the third quarter of 2016 reached Baht122.5 billion, an increase of 10% while net profit jumped up 45% to Bt5.2bn compared with the same period last year. 

ScenoProt gives a preview of Northern Europe's protein preferences

By Niamh Michail

Why do Finns give more importance to protein than Swedes? Are Germans more willing to eat an all vegetarian meal than Brits? And among the 13% of Europeans who have tried insects, how many would eat them again? Finland's ScenoProt survey is providing...

Banza chickpea pasta rolls out nationwide at Target

By Elaine Watson

As the pulse trend continues to gain momentum in packaged foods, Detroit-based Banza is rolling out its chickpea pasta (penne and shells) nationwide at 1,700 Target stores after a successful trial in 315 outlets.

World Meat Congress

Social media erodes consumer trust in meat

By Oscar Rousseau

The use of social media to shame and defame meat companies accused of wrongdoing and malpractice is eroding consumer trust. 

Nestlé Lanka opens $3.4m UHT milk plant

By Jim Cornall

Nestlé Lanka has opened a new UHT milk plant in its factory in Kurunegala, Sri Lanka. The new production facility cost LKR500m ($3.4m) to construct.

Tetra Pak invests $110m in Vietnam factory

By Rachel Arthur

Tetra Pak is investing in a new regional manufacturing facility near Ho Chi Minh City, Vietnam, prompted by increased consumption of liquid dairy and fruit-based beverages across Asia Pacific. 

Brexit bites, or the price of a low pound

By Mark Jones, food and drink solicitor

What will the impact of rising food prices in post-Brexit Britain be on manufacturers, retailers and consumers? Food and drink solicitor at Gordons law firm Mark Jones takes a closer look. 

Slow Food fights EU plans to beef up meat industry

By Louis Gore-Langton

A coalition of organisations led by Slow Food is protesting EU agriculture commissioner Phil Hogan’s decision to allocate €15m to promote meat consumption in Europe.