The “FIT Score” meal replacement brand launched this time is an important constituent of the weight management solution of Ping An Good Doctor’sFitness Center. China’s leading one-stop healthcare ecosystem platform Ping An Healthcare and Technology Company Limited announced that its “Fitness Center” has launched a brand new meal replacement brand — “FIT[Read More…]
China
AGRANA opens new fruit preparation plant in China
AGRANA now with three facilities in China The fruit, starch and sugar group AGRANA yesterday officially opened its second production site for fruit preparations in China. Around € 22 million have been invested in this new facility in Changzhou. Changzhou is located in Jiangsu province, around 150 km north-west of[Read More…]
Advanced Lipids launches INFAT®PLUS in China
INFAT®PLUS – a fat ingredient that’s closer to mother’s milk fat New research conducted by Advanced Lipids has shown that there are differences in the structure of mother’s milk when comparing breast milk from women from different countries. On the back of this research, the company has created INFAT®PLUS, an[Read More…]
Westland Milk Products signs pact for sale of Co-operative
The acquisition price represents an attractive price to the Westland shares’ nominal value The Board of Westland Co-operative Dairy Company Limited has signed a conditional scheme implementation agreement to sell the West Coast dairy co-operative to Hongkong Jingang Trade Holding Co., Limited (“Jingang”), a wholly owned subsidiary of Inner Mongolia[Read More…]
DSM completes increase shareholding in Andre Pectin to 75%
The total purchase price for this 75% holding represents an EV/EBITDA multiple of about 13x based on the 2019 expected EBITDA of the company, excluding synergies. Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, informs its stakeholders that it has completed the increase of its shareholding[Read More…]
Firmenich opens its largest manufacturing plant in China
Building on Firmenich’s recognition as a global sustainability leader from climate to water and forestry management, this new site operates with an optimized environmental footprint. Firmenich, the world’s largest privately-owned perfume and taste company has opened its largest flavor manufacturing plant in the world in the Zhangjiagang Free Trade Zone[Read More…]
Xi’an Farmers Festival helps to bring Agricultural Development in China
Xi’an has been working on regional poverty alleviation through agricultural reform The city of Xi’an in China’s Shaanxi province has held its 2nd Xi’an Farmers Festival (“the Festival”) to further promote the region’s agricultural innovation and development, celebrating its agricultural harvest and the fifteenth consecutive year of growth in disposable income per capita. The event gathers experts and[Read More…]
AAK Invests in its China facility to expand its nutrition, bakery sector
The investments, estimated at approximately SEK 300 million Eighteen months after inaugurating its production facility in Zhangjiagang, China, AAK has decided on some significant add-on investments to increase capacity and support volume growth for, in particular, its Special Nutrition and Bakery segments. “China is a key growth market for AAK and the[Read More…]
China’s Yili witnesses growth in 2018
Yili has boasted three kinds of product series each with sales exceeding 10 billion yuan China’s dairy giant, Inner Mongolia Yili Industrial Group Co., Ltd., continued taking the lead in the Asian dairy market with its net profits in 2018 standing at 6.452 billion yuan, according to its financial results for 2018 unveiled recently. It registered[Read More…]
Yum China establishes innovation Centre in Shanghai
World class facility provides Yum China brands with an integrated platform to test new ideas and drive innovation Yum China Holdings has opened an Innovation centre in downtown Shanghai, marking an exciting milestone as the Company continues to enhance the customer journey through innovation. Covering an area of 27,000 square feet, the[Read More…]
