News

  • 16 Jan
    Asia – Coconut Palm Group Co and fruit juice in Cambodia

    Asia – Coconut Palm Group Co and fruit juice in Cambodia

    Coconut Palm Group is planning to invest in coconut plantations and set up a factory in Cambodia to produce fruit juice, said its general manager Zhao Bo at a recent meeting with Minister of Agriculture, Forestry and Fisheries Veng Sakhon.

    The company is the biggest natural plant protein soft drink producer in China and specialises in processing tropical fruits such as coconuts. Sakhon said the ministry is pleased to support the company’s investments in Cambodia.

    “If we incorporate suitable growing techniques for producers, it will help to boost coconut production with high prices and good demand,” Sakhon said, adding that the ministry estimates that the company will need some 14,000ha for the plantation.

    “We need to study the demand for the nut and its market potential before establishing a natural juice factory to supply the domestic and international markets,” he said.

    Zhao said the Coconut Palm Group, located in Hainan, has annual revenues of USD400 million and uses 600,000 coconuts a day in its production. The company also employs 6,000 workers and exports its juices to 38 countries. Phnompenhpost

    By Caroline Calder News
  • 16 Jan
    Italy –Italian blood oranges – juice trade growth

    Italy –Italian blood oranges – juice trade growth

    Ortogel, was founded in 1978 by a citrus grower who built up a plant for the production of frozen vegetables in the industrial area of Caltagirone (Catania province). In 1982 Ortogel changed to the production of frozen natural citrus juice, especially for pigmented oranges, applying the cold and freezing technology, used for the frozen vegetables, to the citrus field, therefore obtaining natural juices, not from concentrated, without additives, and not pasteurisation, of high quality, never produced in Italy before on an industrial scale.

    Presenting at a recent Asia trade fair the outlook for Ortogel looks positive. The Chinese market in particular has identified Italy as a partner with an eye to sustainable production, high quality and food safety. Exports of Italian food products to China are seeing a double-digit growth and reached EUR439 million in 2018, a value that has almost tripled over the past 10 years (+254%).

    The Ortogel range includes juice from Blood Oranges, Blond Oranges, Tangerines, Lemons, Clementines and Grapefruit. The Blood Orange juice launched in Italy and abroad with the name ‘Gelidea.’Ortogel is leader producer of Private Label NFC Sicilian Citrus juice packed in gabletop/tetrapak

    Italian Private Label

     

    By Caroline Calder News
  • 16 Jan
    China – The US and China reach a ‘phase one’ trade deal but has a long way to go

    China – The US and China reach a ‘phase one’ trade deal but has a long way to go

    The deal takes additional escalation of tariffs by both countries off the table but is lacking specifics on when existing tariffs on US fresh produce and other agricultural commodities will be removed.

    The Office of the US Trade Representative said in December that the agreement requires structural reforms to China’s economic and trade rules in the areas of intellectual property, technology transfer, agriculture, financial services, and currency and foreign exchange.

    The deal also has a commitment by China, according to the USTR, that it will make substantial additional purchases of US goods and services in the coming years.

    Richard Owen, vice president of global membership and engagement for the Produce Marketing Association, said in a Dec. 13 e-mail that the deal is a good sign that trade relations are thawing of trade relations between the two countries.

    However, the discouraging part of the announcement is that the tariffs imposed by China do not appear to be addressed in the phase one agreement, he said. “The tariffs currently in place by China range from 10% on frozen vegetables and fruit juices, up to 50% on fresh apples, cherries, oranges, grapes and plums.”

    The dispute with China had its beginning on May 10 last year, when President Trump increased duties on USD200 billion worth of Chinese products from 10% to 25%. China retaliated in July last year with 40% retaliatory tariffs. US fresh non-citrus fruit exports to China from November 2018 to October 2019 totalled USD110.3 million, down 18% from USD122.2 million in 2018 and 44% down from USD177 million in 2017.US fresh citrus exports from November 2018 to October 2019 totalled USD23.7 million in 2019, down 61% from USD60.5 million in 2018 and 57% down from USD54.5 million in 2017. The Packer

    By Caroline Calder News
  • 16 Jan
    US – Energy drinks making monster profits

    US – Energy drinks making monster profits

    Shares of energy-drinks expert Monster Beverage have absolutely crushed the market over the last decade, report Nasdaq. The stock returned a whopping 896% since the end of 2009. Over the last two years, however, Monster’s shares traded almost exactly sideways, with a total gain of 1%.

    The company then known as Hansen Natural posted full-year net sales of USD1.14 billion in 2009. Energy drinks were still a relatively new and exciting concept, and the company’s flagship brand of Monster Energy was stealing market share from arch-rival Red Bull on a regular basis. A decade later, Monster has changed its name and replaced a ramshackle distribution system with a global partnership with Coca-Cola. As part of that deal, Monster now manages all of Coke’s energy-drink products, while the soft-drink giant took over Hansen’s non-energized juice and fruit-flavoured products. Coca-Cola also holds a 17% ownership stake in Monster Beverage.

    Now ‘workout’ is the new rage in energy drinks

    A brand new category of energy drinks entered the market in a big way last year, led by the workout-boosting drink known as Bang Energy from privately held company Vital Pharmaceuticals. Monster was quick to launch its own workout-energy drink, Reign Total Body Fuel. Vital Pharma and Monster have been slinging lawsuits at each other since the spring of 2019, with each company arguing that the other is using unfair business tactics of various forms.

    Meanwhile, Coca-Cola introduced a Coke-branded energy drink in dozens of international markets with plans to extend this new brand into the US next year. Nasdaq

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    By Caroline Calder News
  • 16 Jan
    US – Sun-Rype acquired by Quebec company for USD89.3M

    US – Sun-Rype acquired by Quebec company for USD89.3M

    One of the Okanagan Valley’s largest brands has changed hands in a USD89.3 million agreement. Sun-Rype Products Ltd. was founded in 1946, and produces juices and fruit snacks in Kelowna and the Okanagan Valley. It also operates two other facilities in Washington.

    Lassonde Industries Inc., which is based in Quebec, announced that they have completed the acquisition of Sun-Rype and its two US affiliates from The Jim Pattison Group for USD89.3 million, further to the satisfaction of closing conditions. Lassonde entered an agreement to acquire Sun-Rype back in October, 2019.

    The amount includes USD9.3 million in preliminary working capital adjustments, and as part of the transaction, Lassonde assumed USD21 million in liabilities related to long-term leases for the three facilities. KelownaNow

    By Caroline Calder News
  • 17 Nov
    US – Researchers grow citrus disease bacteria in the lab

    US – Researchers grow citrus disease bacteria in the lab

    Washington State University researchers have for the first time grown the bacteria in a laboratory that causes Citrus Greening Disease, considered the world’s most harmful citrus disease.

    Being able to grow the elusive and poorly understood bacterium, Candidatus Liberibacter asiaticus (CLas), will make it easier for researchers to find treatments for the disease that has destroyed millions of acres of orange, grapefruit and lemon groves around the world and has devastated the citrus industry in Florida.

    WSU was selected three years ago for a USD2 million US Department of Agriculture grant to study the bacteria. The disease, formally known as Huánglóngbìng, (HLB), is spread by Asian citrus psyllids insects. It attacks the vascular system of citrus trees and causes fruit to become green, misshapen, and bitter-tasting.

    A critical step in coming up with weapons to fight the disease is being able to study it in the lab, but the CLas bacterium is notoriously difficult to grow. With a small genome, CLas is thought to depend on very specific nutrient availability and possibly compounds secreted by other nearby bacteria.

    Using infected citrus tissue as their starting point, the researchers developed a biofilm, a kind of bacterial city that allows a variety of bacteria to thrive. Instead of a rich growth medium that would crowd out the CLas, the researchers severely limited the growth of partner bacteria and created a medium with the specific nutrients, acidity, incubation temperatures, and oxygen levels that are optimal for CLas. The researchers were able to transfer the orange-coloured culture and grow new cultures in their biofilm reactors, which they have maintained for more than two years.

    The team is now working to purify the culture, which will further help researchers to study it.  They are also developing genetic-based methods to understand and mitigate the spread of the disease. Phys.org

    By Caroline Calder News
  • 17 Nov
    Morocco – Risk of massive 50% reduction in citrus production this season

    Morocco – Risk of massive 50% reduction in citrus production this season

    “After several years of high production, the trees are exhausted,” said Khalid Bounajma, president of the Professional Association of Conditioners of Citrus in Morocco. “This year we expect a big drop in citrus production in Morocco estimated at around 50%.

    “For all players in the sector, this is a real deficit, knowing that the sector provides nearly 25 million working days a year.” He added volumes would be so low that at his major company this year that “we do not have enough production to run our packing machines”.

    The low-production year follows years of high production during which prices were often brought down to low levels. ASCAM and the Ministry of Agriculture are trying to establish a good export strategy for Moroccan oranges. IFU

    By Caroline Calder News
  • 17 Nov
    Brazil – Challenges ahead but prices could strengthen in the near future

    Brazil – Challenges ahead but prices could strengthen in the near future

    The orange juice processing plants in Brazil are now in full swing, indicating an increased juice output for 2019/20. As a result, Brazilian processors have been pushing high supplies of orange juice in the European market, one of the largest export destinations for Brazilian orange juice.

    However, EU imports have been slowing down as EU processors are hoping for orange juice prices to go down with excessive supplies in the market. Also, some of the large retailers in the EU have already fixed their long-term contracts earlier this year. Thus, lower demand from both processors and retailers have resulted in weak imports of Brazilian orange juice. As a result, Mintec Brazilian orange juice concentrate prices in the EU are down 10% year on year and by month.

    Furthermore, the Brazilian orange crop is estimated to be cut as a result of droughts in the country. Temperatures are currently above the average and if the drought continues, the upcoming crop’s (2020/21) output is likely to drop by 10% year on year. Therefore, above adverse weather conditions are expected to release downward pressure from the prices. Also, anticipations of smaller orange crop volumes in Spain and Egypt are likely to strengthen the Brazilian orange juice prices in the near future. Mintec

    By Caroline Calder News
  • 17 Nov
    Pakistan – Nestlé opens juice manufacturing plant in Pakistan

    Pakistan – Nestlé opens juice manufacturing plant in Pakistan

    Global food and beverage company Nestlé has expanded its juice production capacity in Pakistan with the opening of a USD22m plant at its Sheikhupura Factory. Punjab Governor Chaudhry Mohammad Sarwar inaugurated the company’s Nestlé Fruita Vitals plant.

    The plant is the newest edition to the company’s facilities operating in Pakistan and has 24,000 units per hour production capacity. It produces Nestlé’s range of juices, nectars and drinks. Sarwar said: “We aim to create conditions in which foreign companies are attracted towards making new investments. At present, the government is making concerted efforts to revive the nation’s economy.

    Nestlé Pakistan CEO Samer Chedid said: “Nestlé’s recent investment is a testament to our continuous trust in Pakistan and its growth potential. We are also excited about integrating our Chaunsa value chain. We are procuring Chaunsa mangoes from the 110 farms that we introduced interventions to improve their yield’s quantity and quality.

    “This integration demonstrates our Creating Shared Value approach in which we ensure that our activities and products are making a positive difference to society while contributing to Nestlé’s ongoing success.” Drinks-insight

    By Caroline Calder News
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