’The Pelicann’ products will be launched in the USA starting October 2019, with infused food, beverages, spices and more Cannibble Food-Tech Ltd., an Israeli-based food-tech developer of cannabis-based edibles targeting a variety of different, new and revolutionary types of cannabis infused food, beverages, spices and more, announces today the USA launch of[Read More…]
Company News
DSM completes creation of Vitamin E Joint Venture with Nenter
The JV now owns and will operate the vitamin E production facilities in Jingzhou, Hubei, China Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, has completed the creation of a 75/25 joint venture (JV) with Nenter & Co., Inc., as first announced on 29 January 2019. The[Read More…]
Ajinomoto acquires majority equity stake in MTG
To Enhance Its Integrated Food Solutions Business in the North American Market Japan based Ajinomoto Co., Inc. has signed a share purchase agreement to acquire a 50.1% equity stake in More Than Gourmet Holdings, Inc. (MTG) of the United States for a strategic partnership through Ajinomoto Co.’s consolidated subsidiary Ajinomoto[Read More…]
Chinese consumers increasingly seeking better nutrition for improved gut health
A recent consumer survey conducted by the market research company InSites on behalf of BENEO, 72% of Chinese consumers believe that diet plays a major role in building a healthy lifestyle. Chinese consumers are becoming increasingly aware of the importance of gut health. In a recent consumer survey conducted by[Read More…]
Del Monte Pacific to restructure supply chain of U.S. subsidiary
Del Monte Pacific Limited (“DMPL”) announced its intention to move to an asset-light strategy and divest production facilities of U.S. subsidiary Del Monte Foods. Dual listed on the Mainboards of the Singapore Exchange Securities Trading Limited and the Philippine Stock Exchange, Inc, Del Monte Pacific Limited, together with its subsidiaries (the[Read More…]
Sodexo Ventures announces strategic investment in Meican
The investment will further strengthen the leading food services of Sodexo Sodexo, world leader in Quality of Life services, announces its strategic venture capital vehicle, Sodexo Ventures, has invested in Meican, a Chinese technology company focused on digital food solutions in the corporate environment. The investment will further strengthen the[Read More…]
Atomo secures $2.6 million to develop coffee without beans
This funding will be used create the World’s First Molecular Coffee Atomo Coffee Inc, announced it has secured $2.6 million in seed funding to develop the world’s first molecular coffee, made without beans. The team reverse engineered the coffee bean to create a uniquely smooth cup of coffee, one that is more[Read More…]
CP Foods’ products bag three “Superior Taste Awards” in 2019
According to the test result, CP Foods’ Massaman Thai Chicken Curry with Jasmine Rice won the Superior Taste Award with two stars, scoring 80.3% Charoen Pokphand Foods PCL (CP Foods) won “Superior Taste Awards” from the International Taste Institute, a global leader in taste evaluation and certification, reflecting product development[Read More…]
China Xiangtai Food Co. commences trading on the Nasdaq
“Our listing on the Nasdaq Capital Market is an important corporate milestone that reflects our commitment to our shareholders.” China Xiangtai Food Co., Ltd. (the “Company”), an emerging growth company primarily engaged in pork processing in China, has announced that its ordinary shares are expected to commence trading on The Nasdaq[Read More…]
Prinova expands into Asia-Pacific with new subsidiary in Australia
Global ingredients and premix supplier Prinova has expanded into the Asia-Pacific market with the establishment of an entity in Australia The new subsidiary of Prinova Europe Ltd will serve customers in Australia and New Zealand. It comes in direct response to demand from global clients seeking production support in APAC[Read More…]