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Ingredients firm AAK targets Gulf region

Swedish ingredients firm AarhusKarlshamn (AAK) has signed an exclusive distribution agreement with Food Specialities Limited (FSL), a leading food and beverage ingredient supplier in the GCC (Gulf Cooperation Council) region.

AarhusKarlshamn Oils & Oilseeds

Chinese state will acquire Polish apple processor

SDIC Zhonglu Fruit Juice Co Ltd, a state-owned company, will buy Appol of Poland for PLN68.5 million (USD18.4 mln)

Apple Juice China

Starbucks to close more stores in bid to regain momentum

US coffee chain Starbucks has announced three strategic initiatives to regain revenue and earnings momentum, including the planned closure of around 150 under-performing stores in the US.

Starbucks Coffee

Swiss company to invest in Guatemalan essential oil supplier

Ingredients and flavours house Firmenich has signed an agreement with the Guatemalan cardamom house Nelixia to invest in its essential oil plant.

Cardamom Essential Oils

Skipjack price to lower amid low storage capacity

Skipjack raw material prices landed in Bangkok are expected to remain at the current levels for July, after two consecutive months of drops. The demand for finished products decreased in the last months as raw material prices rose up to USD1,800/tonne in May, according to industry sources met at the INFOFISH tuna conference held in Bangkok earlier this month.

Asia Pacific Thailand

Communication key to raising tomato consumption, say experts

Strengthening the tomato industry’s communication strategy through online and offline promotion was highlighted as the main booster for consumption of processed tomato in a sluggish market at the 13th World Processing Tomato Congress.

Canned Tomatoes Tomato Ketchup
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