TWE announced that it will be writing off $260m from its fiscal 2014 full year profit.
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Independent Australian beverage company enters administration
Private Branded Beverages Limited has collapsed and entered administration.
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Fonterra requests stall on Danone court case
Fonterra has requested that Danone’s claim for damages from the botulism scare in 2013 be delayed.
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SPC’s anti-dumping case director consults for Italian importers
SPC Ardmona's ex anti-dumping case director has set up a consultancy for Italian importers.
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Aging population requires functional dairy products, Canadean
A new report from Canadean has found that manufacturers need to develop functional dairy products in order to meet the needs of the aging population.
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Acquisition opportunities ripe for the picking: report
Grant Thornton Australia says food and beverage businesses need to capitalise on growing acquisition and divestment opportunities.
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Mondelez prepares for opening of new Innovation Centre
Mondelez is three months off opening a Food Innovation Centre in Ringwood, Victoria.
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Goodman Fielder to spend NZ$27m on Christchurch plant expansion
Goodman Fielder has announced that it will be spending NZ$27m to expand and upgrade it ultra-heat treated (UHT) milk plant in Christchurch, New Zealand.
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Graeme Hart speculated to sell SIG Combibloc Group for $5 billion
Graeme Hart is potentially looking to sell the SIG Combibloc Group for close to US$5 billion.
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SPC Ardmona’s road plan blocked by council
Councillors denied SPC Ardmona exclusive access to a road that is says is key to its $100m upgrade.
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Food manufacturers at the mercy of high costs and dominant retailers, says AFGC
The AFGC says that food manufacturers are “being squeezed” by increasingly high manufacturing costs.
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Murray Goulburn scraps A class preference shares
Victorian dairy cooperative, Murray Goulburn has decided to scrap its A class preference shares following a general meeting late last week.
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Nestle to ditch weak food brands in favour of scientific lines
Nestle will make further divestments in a number of underperforming food brands in favour of investment in medical nutrition.
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SATO signs master service agreement with Fonterra
Japanese barcode printing, labelling and RFID solutions company, SATO has signed a Master Service Agreement (MSA) with New Zealand dairy giant Fonterra.
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GrainCorp cuts 80 jobs as part of restructure
GrainCorp will close some of its regional receival sites and cut 80 jobs as part of a $200m overhaul.
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Yowie enters US market following trade show success
Following a successful stint at the Sweet & Snacks expo in Chicago, chocolate confectionery company Yowie has received its first product order for the US market.
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Marrone Bio Innovations and DSM Food Specialties sign collaborative research agreement
Marrone Bio Innovations (MBI) and DSM Food Specialties have signed an agreement involving the early stage research of several biological active ingredients with the aim of improving crop production and food safety within the supply chain.
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China wants Australia’s organic produce, says Australian Organic
China’s increasing demand for organic produce is providing a wealth of opportunities for Australian growers.
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Tesco CEO creates new executive roles to “reshape” the company
CEO of the world’s third largest retailer, Tesco has created two new roles on its executive committee in order to “reshape” the company to meet changing consumer needs.
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NASAA says GM canola decision highlights need for reform
Australian organic certification body, NASAA has called upon the State and Federal regulators to provide greater regulatory certainty on the application of National Standards for Organic and Biodynamic Produce.
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