
Packaging Supply Chain news from the Asia Pacific
INDIA – Hindustan Unilever Limited (HUL)’s current vice president and executive director role for its personal care division will change as personnel shift between Unilever and HUL.
VIETNAM - Vietnam's Masan Group has acquired a 14% stake in one of the country's major food processors Vissan for US$63.9 million.
AUSTRALIA / INDONESIA – Murray Goulburn Co-operative Co Limited (MG) has secured a long-term nutritionals supply agreement with Kalbe Nutritionals, one of the largest consumer health and infant nutrition company in Indonesia. This deal, along with another supply agreement it recently sealed with Mead Johnson Nutrition (MJN), will now enable MG to build a new state-of-the-art nutritional powders plant in Australia; MJN will co-locate a nutritional packaging plant on the site, and the parties will sell the finished products within Asia Pacific.
THAILAND – Spanish beverage giant Aje Group has made Thailand its regional base for the Asian market, to facilitate its expansion into individual country markets within the region.
AUSTRALIA – Italian dairy company Parmalat has completed the acquisition of Fonterra Brands (Australia) Pty Ltd’s yogurt and dairy dessert business in Australia.