2017 NZ Food Summit

NEWS - FOOD INDUSTRY

NEWS >> FOOD INDUSTRY

Displaying 191 - 200 of 299 items.
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Win for kiwifruit industry in TPP Agreement

Zespri welcomes the conclusion of negotiations in the Trans-Pacific Partnership (TPP) Agreement which will generate significant value for the New Zealand kiwifruit industry. The TPP will eliminate tariffs on kiwifruit exports into all 12 Asia-Pacific nations when it comes into force and Zespri Chief Executive Lain Jager explains the most immediate impact will be in Japan. In 2014, the industry paid over $15 million in tariffs into Japan which is Zespri’s largest country ... more

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International Sauvignon Blanc Celebration adds the WOW factor

New Zealand’s first ever International Sauvignon Blanc Celebration, from 1 to 3 February next year, promises to WOW attendees with a unique line up of activities. Media, winemakers, marketers and trade representatives from around the globe will converge on Marlborough to celebrate a wine variety that has captivated consumers world-wide. The popular variety will be explored by international guest speakers, as they dissect what has made Sauvignon Blanc one of the most loved white ... more

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Cloudy Bay celebrates 30th sauvignon blanc vintage

New Zealand wine is beginning to come into a style of its own, one leading label's director believes. Thirty years after Cloudy Bay winery in Marlborough launched its first sauvignon blanc vintage, the label is still expanding in a competitive industry. Estate director Ian Morden says resilience has been key to the winery's growth over the years - particularly in tough times. A vision is key to a brand's success, Morden says. And there are two pathways for wineries to take - ... more

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URC® fruit innovations take centre-stage for Taura at FIE

Taura Natural Ingredients will highlight its latest URC® fruit concepts at Food Ingredients Europe 2015, with a focus on three key points of difference: Format, Taste and Formulation. Exhibiting on Stand 6L59, Taura will showcase each of these themes on three separate ‘islands’, where visitors will have the opportunity to see, handle and taste a wide range of ingredient and snack solutions based on real fruit. ... more

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NZ gluten-free boom prompts new testing service

New Zealand’s largest privately owned testing laboratory, Hill Laboratories, has announced it is offering a gluten testing service with the fastest turnaround-time in the Country. The company has introduced the service in response to the rapid increase in consumer demand for gluten free products, which according to Coeliac New Zealand Incorporated, is increasing in NZ by an estimated 26% annually-1. Technologist Sam Marengo, said Hill Laboratories developed the test to ... more

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Sale of fruit processor Barker's of Geraldine to French multinational jam and yoghurt-maker Andros approved by OIO

A French company's acquisition of South Canterbury jam company Barker's has finally gained regulatory approval almost six months after it was announced. The Overseas Investment Office (OIO) released its decision on French multinational Andros' application to buy an 84.4 per cent stake in Barker Fruit Processors Limited on Wednesday. The office determined Andros, which had an estimated annual turnover of about €2 billion (NZ$3.5b), could use its "significant knowledge" ... more

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Wine industry welcomes progress with South Korea trade deal

New Zealand Winegrowers welcomes news that the Tariff Amendment Bill was passed through Parliament on Friday, a big step towards implementing the Free Trade Agreement with South Korea. The negotiators have achieved a great outcome for the wine industry, said Philip Gregan, ‘tariff free access into South Korea at the time the agreement comes into force represents a significant boost to our export ambitions in one of the key Asian markets.’ The announcement is timely ... more

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Whittaker's 'roaring success' in Malaysia just the beginning

Whittaker's is looking to expand its empire further into Asia, following the "roaring success" of its Malaysian launch. The Kiwi chocolatier entered the retail market last year, hoping to tantalise the tastebuds of a country of 30 million. Head of international markets Matt Whittaker said the Malaysian business was forecast to finish the financial year 42 per cent above budget. "It's just been a roaring success," he said. "It's really the model we want to ... more

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Zespri looks forward to sales growth in South Korea following passage of Tariff Amendment Bill

Zespri welcomes the passage of the Tariff Amendment Bill through parliament yesterday, which is a significant step towards the implementation of the Free Trade Agreement (FTA) with South Korea. The agreement will provide significant benefit for the New Zealand kiwifruit industry. Ratification of the FTA this year would mean a 33% reduction in tariffs on exports of New Zealand kiwifruit to South Korea for next year’s kiwifruit season. During 2014, Zespri growers paid ... more

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Fonterra raises payout forecast

Fonterra Co-operative Group is lifting its forecast total available for payout for the 2015/16 season to $5.00 − $5.10 kgMS due to an increase in the forecast Farmgate Milk Price of 75 cents. The forecast total available for payout comprises: · Forecast Farmgate Milk Price $4.60 kgMS – up 75 cents · Forecast earnings per share of 40 - 50 cents. Farmer shareholders have also been able to apply to receive a loan of an additional 50 ... more

Displaying 191 - 200 of 299 items.
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