News

Synlait Milk has released its FY21 guidance, and is working with its banking syndicate to ensure appropriate funding for FY22. It follows the resignation of the company's CEO and CFO since mid-April.

Freedom Foods Group has successfully completed its capital raise, with an oversubscribed wholesale investor offer raising $265 million. After a grim 18 months, it marks a key point in the company’s recapitalisation to fund its operational and financial turnaround.

Given the global focus on health, superfoods – those ingredients that pack an extra health punch – are currently big business. Joanne Ma from the upcoming Naturally Good Expo profiles some of them.

We ask industry leaders five questions about their working life. This month we talk to Robert Foye from Accolade Wines.

Swedish oat milk producer Oatly has a market cap of US$10 billion after its initial public offering raised US$1.4 billion this week. The group issued 84.4 million American depository shares at US$17 per share, which surged 18.8 per cent during trade.

Australian Agricultural Company has reported an operating profit of $24.4 million for the first half of FY21. Managing director and CEO Hugh Killen said it was a “solid year” under the circumstances.

Chr. Hansen Natural Colors will now operate under the name Oterra, effective immediately, as the company continues its transition to a standalone company.

Australian spirit producers, including Cape Byron Distillery, Archie Rose Distillery, Twenty Third Street Distillery and more, have all shone on the international stage at the 2021 SIP Awards.

Functional drinks, including those containing cannabis- or hemp-derived ingredients, are one of the fastest growing segments of the beverage category. Matt Hale from HRS Heat Exchangers writes.

Massive growth and little sign of slowing, it seems like a no-brainer to get on board the plant-based express. Future Market Insights co-founder and managing director Sudip Saha provides 7 tips to remember when you do.

The food and beverage sector has stepped up to the task of creating a circular economy for plastics, with manufacturers in the APAC region signing on as founding members of the ANZPAC Plastics Pact.

After four years leading the Australian alternative proteins think tank Food Frontier, Thomas King is stepping down as CEO to become its executive chair.

The Morwell Food Manufacturing Precinct in Victoria’s Latrobe Valley will receive a $10 million boost from the Victorian Government for utilities upgrades to fast track the new food hub.

Dairy processers “should be aware of their legal obligations” under the mandatory Dairy Code of Conduct enforced by the ACCC as it urges businesses to publish their milk supply agreements by the 1 June deadline.

COVID-19 saw the expected 10-year growth trajectory for ecommerce occur in six months. For specialist materials handling manufacturer Combilift, it was an opportunity to meet customers’ needs like never before.

The sale of plant-based meat increased by 46 per cent in Australia in the last financial year, but the economic opportunities of the local plant-based market remain largely untapped.