The two Japanese companies will own 40 percent each of New York-based Thorne through the investment expected to total over ¥5 billion each. Beverage group Kirin Holdings Co. and trading house Mitsui & Co. are planning to jointly acquire an 80 percent stake in Thorne Research Inc., a U.S. developer[Read More…]
Country
Agilent, NTU to develop water testing technology
Under a memorandum of understanding, the two organizations have agreed to address persistent and emerging contaminants in water. Agilent Technologies Inc. has announced that it will collaborate with the Nanyang Technological University Singapore’s (NTU Singapore’s) Nanyang Environment Water Research Institute (NEWRI) to develop novel approaches to testing and monitoring the[Read More…]
Bell Flavors & Fragrances to set centres in Indonesia, Thailand
This move marks its commitment to the region by utilising local sales and marketing intelligence to better assist customers and capture consumer preferences more accurately. Bell Flavors & Fragrances has stepped up its presence in Asia with the launch of new locations in Thailand and Indonesia. According to the US[Read More…]
BreadTalk to set expansion in China through stake acquisition
The tripartite alliance is expected to leverage on Pindao in sourcing strategic locations in Shenzhen and Guangzhou. Singapore- BreadTalk Group-Pindao Venture (BTG-Pindao) will acquire 90% of diner Song Fa (SF). The deal will transfer the operations and managing of restaurants from Song Fa Subsidiaries Song Yu in Shenzhen and Guangzhou[Read More…]
Dairy company Beingmate appoints new general manager
Bao Xiufei joins Beingmate from the Chinese business of Dutch dairy company Royal FrieslandCampina. Chinese milk powder manufacturer Beingmate has appointed a new general manager, a move welcomed by minority shareholder Fonterra, as it aims to re-focus its business for growth. Bao Xiufei joins Beingmate from the Chinese business of[Read More…]
PwC Hong Kong signs agreement with Vitargent for food safety
Vitargent is an award-winning biotechnology company specialising in product safety testing with its pioneering fish-embryo based toxicity testing technology. Backed by 10+ institutional investors and with input from its Scientific Advisory Board comprising experts from across the globe, Vitargent’s technology is serving 50+ leading companies and organisations including governments, research[Read More…]
New clinical study supports astaxanthin supplementation for skin protection
The new study published in the journal Nutrients, was conducted at the Pharmaceutical and Healthcare Research Laboratories in the Research and Development management headquarters of the FUJIFILM Corp. in Kanagawa, Japan. A new randomized, double-blind, placebo-controlled clinical trial provides stronger evidence for the protective role of algal-derived astaxanthin against skin deterioration[Read More…]
Grupo Bimbo increases presence in China
Bimbo has now satisfied all customary closing conditions, including receiving regulatory approval, and can press ahead with integrating Mankattan into the rest of its business. Grupo Bimbo, Mexican multinational bakery product manufacturing company, has gained a greater foothold in the Chinese market after completing the acquisition of Mankattan. A deal for[Read More…]
PEF technology to lift food processing in NZ
The electric field being pulsed through un-cut potatoes during processing alters their microstructure. Researchers at the University of Otago in New Zealand are demonstrating the potential of a new technology which could see New Zealand production of a popular food – the French fry – become healthier, and less costly[Read More…]
AAK opens new innovation centre in Tokyo
The new centre will allow the company to further strengthen its product development capabilities and customer development approach in the Japanese market. Functional ingredients and fats supplier AAK has further expanded its presence in Asia by inaugurating a new customer innovation centre in Tokyo. According to AAK, the new centre[Read More…]
