The joint venture will exclusively produce Vitamin E for DSM subject to existing supply agreements of Nenter, and there will be a profit share agreement in place between DSM and Nenter Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, announced that it intends to create a[Read More…]
China
Luckin to expand with 4,500 outlets in 2019
In December 2018, luckin announced having raised USD 200 million in a Series-B round of funding China’s rising coffee chain brand luckin Coffee (luckin) is competing to become the nation’s largest coffee chain with a total of 4,500 stores in operation by the end of the year. Founder and CEO Qian Zhiya made the[Read More…]
Renmin Tianli signs equity transfer agreement
Renmin Tianli is in the business of breeding, raising and selling breeder and market hogs in China. Renmin Tianli Group, Inc., a producer of breeder hogs, market hogs and black hogs, as well as specialty processed black hog pork products sold through retail outlets and the internet, with headquarters in[Read More…]
ADAMA to acquire Huifeng’s Crop Protection biz
ADAMA aims to significantly enhance its business both globally and in China Leading global crop protection company ADAMA Ltd. has entered into a non-binding memorandum of understanding (MOU) with Jiangsu Huifeng Bio Agriculture Co., Ltd (“Huifeng”),a chemicals manufacturer located in Dafeng, Jiangsu Province, for the potential acquisition of key parts of[Read More…]
Amyris inks agreement with Xinfu for nutritional product
This agreement enables Amyris to monetize a portion of the long-term royalty opportunity for the nutritional product. Amyris, Inc., a leader in the development and production of sustainable ingredients for the Health & Wellness, Clean Beauty and Flavors & Fragrances markets, has announced that it has signed a long-term agreement[Read More…]
Meituan earns International Innovation Enterprise Brand award
Meituan received the International Innovation Enterprise Brand Award in recognition of its creative leadership in unmanned distribution robots, according to IDG Meituan Dianping, China’s leading e-commerce platform for services, has captured the 2018-2019 International Innovation Enterprise Brand Award at the Global Top Brands Award Ceremony sponsored by International Data Group (IDG). Meituan[Read More…]
Just to launch products in China
The company plans to roll out its alternative to scrambled egg, Just Egg, into the market Just, the US plant-based firm formerly known as Hampton Creek, is to launch its first product in mainland China. The company plans to roll out its alternative to scrambled egg, Just Egg, into the[Read More…]
Valio Infant Formulas gets Chinese export Permit
The new permits open up China’s growing infant formula market to Valio Valio’s consumer-packaged infant formulas have received an export permit from the Chinese authorities. These new export permits allow Valio to export its powdered infant formulas, manufactured at the Lapinlahti plant, and ready-to-feed liquid infant formula, made at the[Read More…]
Meituan to showcase autonomous delivery Technologies at CES 2019
Meituan is transforming how Chinese people eat and how local merchants operate their daily business Meituan Dianping, China’s leading e-commerce platform for services, will make its CES debut and showcase its innovative autonomous delivery technologies at CES 2019, which will be held in Las Vegas from January 8 to 11, 2019. Meituan is transforming[Read More…]
The Coca-Cola enters in coffee biz by acquiring Costa
Coca-Cola adds Global coffee platform with potential for future growth and expansion The Coca-Cola Company announced that it has completed the acquisition of Costa Limited from Whitbread PLC. The $4.9 billion transaction follows approval from regulatory authorities in the European Union and China. The acquisition was first announced on Aug. 31, 2018.[Read More…]