Quote, unquote: just-food's week in words
Organic and gluten-free firm Doves Farm has spotted the growth potential of the Middle East
This week Heinz teamed up with car maker Ford to explore ways to re-use tomato scraps. Interpol and Europol revealed they had made nearly 100 arrests in the crackdown on food fraud. Elsewhere, Fonterra was fined NZ$150,000 for delays in disclosing information related to the botulism scare. We analysed the progress of gluten-free in emerging market Brazil and, as part of our latest management briefing, just-food explored Nestle's venture in Vietnam. Here is the week in quotes.
"As part of a full and final settlement, we have acknowledged the Tribunal's views and agreed to make a payment of $150,000" - Fonterra group director governance and legal Mike Cronin says the firm has agreed to a settlement cost linked to the disclosure delay surrounding the Botulism scandal.
"We have seen demand for our products grow for a number of years now and our new facility will help us meet this demand and better serve the needs of our valued retail partners" - PepsiCo announces the opening of a third Simba manufacturing plant in South Africa.
"We're very concerned about water quality and its impact on the surrounding environment. Water is a critical natural resource and we work to protect it at all of our locations" - Tyson Foods has been named by the Missouri Department of Natural Resources for a water violation that apparently killed a large number of fish and polluted Clear Creek between Monett and Pierce City.
"Although we are in the very early stages of research, and many questions remain, we are excited about the possibilities this could produce for both Heinz and Ford, and the advancement of sustainable 100% plant-based plastics" - Heinz and Ford announce they are joining heads to come up with a suitable solution to turn tomato waste into plastic for vehicles.
"The UK will continue to share its expertise in the international fight against fake food and work with our partners to bring these unscrupulous criminal gangs to justice" - A joint operation by Interpol and Europol has resulted in almost 100 arrests as the authorities continue their crackdown on food fraud.
"Our brand trademarks are among our most important and valuable assets. We have a responsibility to protect them no matter where or how those marks are being misused" - Hershey slams the "improper" use of its branding by Senator Stephen Hershey Jr in his campaign materials.
"The Middle East is the next big market. It is very up and coming and everyone has realised that it his is the next trend in food and wants to be part of it" - Doves Farm national account executive Samie Hilali points out the UK gluten free and organic firm is eyeing the Middle East for expansion opportunities.
"The increasing investment over years, especially in production capability has helped us to meet the growing demand of consumers, both for local consumption and for export" - Nestle Vietnam MD Rashid Aleem Qureshi says the firm's commitment in the country has helped it succeed.
"If everything says gluten-free, how do you make your product stand out?" - asks David Turner, global food and drink analyst at Mintel, of Brazil, a country that has been touted as a potentially strong market for gluten free.
"This churlish action by Woolworths is not in the national interest given that both industry and the Australian government have identified expanding export markets as a crucial priority for the future growth of our industry" - Ausveg CEO Richard Mulcahy lashes out at Woolworths after it backs out of an arrangement to show potential export customers around its distribution facility this week.
Sectors: Advertising & labelling, Baby food, Bakery, Canned food, Cereal, Chilled foods, Commodities & ingredients, Condiments, dressings & sauces, Confectionery, Dairy, Dried foods, Emerging markets, Financials, Food safety, Fresh produce, Frozen, Health & wellness, Ice cream, Meat & poultry, Mergers & acquisitions, Multichannel, Natural & organic, NPD & innovation, Private label, Retail, Seafood, Snacks, Sustainability & the environment, World foods
The Hershey Company (HSY) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by G...
MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organi...
The Hershey Company - Strategy and SWOT Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offe...
H. J. Heinz Company - SWOT, Strategy and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, produ...
- BRICs and beyond: Fonterra, Beingmate partnership
- Comment: Competition to rise on whey investments
- On the money: Mengniu hones in on "star" brands
- just-food interview: Agropur CEO Robert Coallier
- Consuming issues: The hunger-obesity paradox
- Valio lactose-free trucks stopped at Russia border
- Heinz halves sugar in ketchup launch
- Bisco Misr says Kellogg eyeing majority stake
- H1 profits down at dairy group FrieslandCampina
- Olam sells Cote d'Ivoire dairy to FrieslandCampina
- China - ISA Country Report
- New Strategies for offering Convenience in Food - targeting new occasions, best practice and new solutions
- Other Dairy in Russia
- David Chapman's Ice Cream Ltd in Packaged Food (Canada)
- Global Food and Grocery Retailing, 2013-2018: Market Dynamics, Retail Trends and Competitive Landscape