Mengniu is a leading Chinese manufacturing and distribution company of dairy products As part of its ongoing portfolio review, Danone has announced that it has reached an agreement with COFCO Dairy Investments Limited (CDI), to convert Danone’s stake in China Mengniu Dairy Company Limited (Mengniu), currently held indirectly, into a [Read More…]
China
Brenntag to expand food and nutrition business in China
The remaining 33% will be acquired by Brenntag by end of 2024 Brenntag, the global market leader in chemical and ingredients distribution, has signed an agreement to acquire the majority of Zhongbai Xingye Food Technology (Beijing) Co., Ltd starting with a 67% stake valued at an Enterprise Value of about EUR[Read More…]
Wuhai grapes gain favor at China International Agricultural Products Fair
Wuhai enjoys the reputation of the land of grapes More than 30 kinds of Wuhai products were on display in the 18th China International Agricultural Products Fair and the 2nd Western China (Chongqing) International Agricultural Products Fair held recently, according to Wuhai City Publicity Department. Among them, desert wine has impressed many[Read More…]
Global Industry leaders highlight food safety issues amidst pandemic at 6th Food Safety Forum
GS1 HK Launches Trusted FoodNet to Promote Information Visibility The 6th Food Safety Forum organised by GS1 Hong Kong concluded its online live programme on Jan 15, 2021. Themed “The Power for Food Safety”, the Forum aimed to explore ways to capitalise on innovation and technology and strengthen food safety. Dr Chui Tak-yi,[Read More…]
Dicos adds plant-based JUST Egg to menu
China’s conventional egg patty will be replaced with JUST Egg’s pre-baked Eat Just, Inc., a company that applies cutting-edge science and technology to create healthier, more sustainable foods, has announced that Dicos, one of China’s leading fast-food chains, has added the award-winning JUST Egg to its menu at over 500[Read More…]
Hong Kong’s local wine traders urge to tap growing mainland market
Hong Kong exports expected to grow 5% in 2021 The HKTDC Export Index, published by the Hong Kong Trade Development Council (HKTDC), increased further in the fourth quarter of 2020. The index has now risen for three consecutive quarters – rebounding from a record low of 16.0 to 36.2 –[Read More…]
Nestlé sells Yinlu peanut milk and canned rice porridge biz in China
The deal covers all of Yinlu’s operations, including its five factories in Fujian, Anhui, Hubei, Shandong and Sichuan Nestlé has announced that it has agreed to sell its Yinlu peanut milk and canned rice porridge businesses in China to Food Wise Co., Ltd. The deal covers all of Yinlu’s operations,[Read More…]
Beyond Meat launches Beyond Pork in China
Made from simple plant-based ingredients, like rice and soybeans, Beyond Pork offers a rich source of protein with 18.5g per 100g serving Beyond Meat, a leading plant-based meat producer, has launched its latest product innovation Beyond Pork. Designed to deliver the sumptuous taste, juicy texture and culinary versatility similar to[Read More…]
SIRIO launches first smart nutra factory in China
Sirio is a first adopter of smart factory tech (industry 4.0) among nutraceuticals manufacturers SIRIO – a leading nutraceutical contract development and manufacturing organisation (CDMO) – has completed a new ‘smart factory’ at its Ma’anshan site in China, with Internet of Things (IoT) enabled automated processes and monitoring, intelligent distribution[Read More…]
Beroni Group launches probiotics health product Beilemei in China
Beilemei is formulated with 7 major active strains of probiotic cultures Beroni Group, an Australia-based diversified biopharmaceutical enterprise focused on the research, development, innovation and commercialization of therapies and products for treatment of global diseases, today announces the launch of a new product “Beilemei” in China. Beilemei is a probiotics[Read More…]
