Industry News
Aquaculture market to hit US$195bn by 2019
The global aquaculture market is predicted to reach US$195 billion by 2019, according to a new report published by Transparency Market Research. Valued at US$135 billion in 2012, the market is expected to grow at a CAGR of 5.1% to 2019. [ + ]
Procurement and packaging design: AIP technical dinner
Speakers from Supply Stratagems and Echo Design will be the highlight of the AIP NSW Branch’s technical dinner. The dinner will be held on Wednesday 13 November at the Oatlands Golf Course. [ + ]
Marel opens Copenhagen demo facility
Marel will open the doors of Progress Point, the newest and most extensive Marel training and demonstration facility, on 7 November. The facility is located five minutes from Copenhagen airport. [ + ]
Consumers want nanotech labelling - and will pay extra for it
US consumers want food processors to declare which food products use nanotechnology - regardless of whether the nanotechnology is in the food or is used in food packaging. [ + ]
Saputo increases WCB offer
Saputo has increased its offer to acquire all the shares of Warrnambool Cheese & Butter (WCB) to $8.00 cash per share. The WCB board has once again unanimously recommended that WCB shareholders accept the offer. [ + ]
Meat processor convicted of food safety and hygiene breaches
Sunrise Meats has been fined $41,250 for a number of food and hygiene breaches. The company was convicted and sentenced for various breaches of the Food Act 2003 and ordered to pay professional costs of $10,000. [ + ]
Seafood industry awards its high achievers
The Australian seafood industry's highest achievers have been recognised at the 7th National Seafood Industry Awards. The awards also launched the biennial Seafood Directions Conference. [ + ]
Puratos opens sourdough library
Puratos has opened a Sourdough Library at the Puratos Center for Bread Flavour in Belgium. The library contains a world-first collection of authentic sourdoughs from around the world. [ + ]
WFA to consider feedback on wine industry consultation
A two-month consultation period on the wine industry has closed. Individuals and wine organisations were asked to submit feedback on 33 recommended actions aimed at restoring the wine industry’s profitability. [ + ]
Skilled workers key to Australia's food future
The Australian Workforce and Productivity Agency's 'Food and beverage workforce study' has found that our agrifood industry is in transition and needs to attract skilled workers to grow new export markets in the Asian region. [ + ]
Simplot to scale back Bathurst plant, cut 110 jobs
Simplot will downsize operations at its Bathurst vegetable processing plant, cutting around 110 jobs in the process. The plant will produce only frozen and tinned corn and Chiko Rolls. [ + ]
Australian vegetable prices drop despite inflation
Vegetable prices have dropped more than 10% from last year's price, the Consumer Price Index from the Australian Bureau of Statistics has shown. [ + ]
Sweet-toothed Chinese consumers turn to chocolate
Chocolate is set to be the next big thing in China, according to Canadean. The market research firm says that, although sugar confectionery remains the largest category in the Chinese market, chocolate is set to be the fastest growing. [ + ]
ALC welcomes SA Transport and Land Use Plan
The release of the South Australian Integrated Transport and Land Use Plan has been welcomed by the ALC. The plan aims to achieve a greater level of integration between the public and private sectors in the provision of port and freight networks. [ + ]
BASF receives Frost & Sullivan award
BASF has been presented with the 2013 Product Line Strategy Leadership award from Frost & Sullivan, based on a recent analysis of the European resins for protective coatings market. [ + ]
