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…]
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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…]
Kevin Industries discusses new insights related to efficient nutrient absorption
Global ingredient manufacturer hosts conference with industry experts to discuss new insights on nutrient variability and the link between nutrition and animal health. Kemin Industries, a global nutritional ingredient manufacturer focused on improving the quality of life for more than half the world’s population, recently hosted a three-day KemINSIGHT conference[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…]
Better Life Farming Alliance launches new agri-entrepreneurship model
Better Life Farming centers will expand smallholder reach through digitally enabled centers where agri-entrepreneurs will use technology to disseminate knowledge and train farmers from nearby villages on good agricultural practices. With an objective to provide holistic and innovative solutions for smallholder farmers in developing economies, Bayer, International Finance Corporation (IFC,[Read More…]
UK’s OptiBiotix Health partners with Zeon Lifesciences
Zeon is India’s leading manufacturer of nutraceutical and herbal products with expertise in developing custom formulations for the food, herbal, and pharmaceutical industries. British company Optibiotix signed an exclusive manufacturing and supply agreement with Indian Healthcare company Zeon for the use of OptiBiotix’s science-based weight management technology, SlimBiome. This partnership[Read More…]