Blog: Western Australia, China strengthen ties via food industry
Hannah Abdulla | 9 June 2014
Western Australia is strengthening its ties to China via the food industry.
According to a report carried by Australian publication the West Australian, a Chinese company is in the process of building a US$42m flour mill near Perth to make noodles for children. No details were disclosed about the company involved.
Last week regional development minister Terry Redman met with potential and private government investors to discuss Western Australia's agrifood trade relationship with China.
"Chinese government policy is actively encouraging investors to source high-quality products from around the world and there are a growing number of opportunities for Western Australian producers, ranging from wheat processing and noodle manufacturing to live export of beef cattle," he said in a statement.
Many other countries are increasing their presence in China and last month, New Zealand dairy firm Synlait said it was "confident" of receiving the green light from China to export finished infant formula into the country. The construction of its dry blending and consumer packaging facility is expected to be completed next month.
UK pork processor Cranswick also announced it was targeting China and Hong Kong with a launch of more premium products. Similarly Smithfield Foods - owned by China's WH Group - said it would build four meat processing plants in the country.
Tyson Foods has completed its US$8.55bn acquisition of Hillshire Brands, with shares in the Jimmy Dean sausage maker delisted before the market opened today (29 August) - and its CEO leaving the busin...
New Zealand dairy group Synlait Milk revealed today (28 August) it has hit the "major milestone" of receiving regulatory clearance to begin exporting finished product from its new NZ$28.5m dry blendin...
ConAgra Foods has responded to investor criticism of its palm oil usage by committing to source 100% sustainable palm oil by December 2015....
Fresh produce growers in the EU have secured assistance from the European Commission in the wake of the Russian embargo and Brussels has indicated it would be prepared to step in again....
- BRICs and beyond: Fonterra, Beingmate partnership
- On the money: Mengniu hones in on "star" brands
- just-food interview: Agropur CEO Robert Coallier
- Consuming issues: The hunger-obesity paradox
- On the money: Hormel still looking for M&A
- Fonterra, Beingmate launch infant formula JV
- Mondelez eyes snacks categories in India
- UK firm Pasta Reale enters administration
- Valio lactose-free trucks stopped at Russia border
- H1 profits down at dairy group FrieslandCampina