AMSilk is forming a strategic collaboration with Ajinomoto, leveraging Ajinomoto’s extensive industrial expertise in precision fermentation and its strategically located site in France AMSilk GmbH, a frontrunner in advanced biomaterials made from spider silk-based proteins, announces that the Company and Ajinomoto Foods Europe, a company with over 50 years of[Read More…]
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Australia’s Pure Dairy partners with USA’s Great Lakes Cheese
The investment from Great Lakes Cheese will provide further impetus to this exponential growth, starting with Pure Dairy’s brand-new Victorian production facility – set to open in 2025 Headquartered in Melbourne, Pure Dairy is an international thought leader and facilitator of global end-to-end dairy trade, food services, manufacturing and branding.[Read More…]
Tong Ren Tang partners with YY Global Health to promote medicinal cuisine
This collaboration aims to leverage innovative technology to promote traditional Chinese medicinal cuisine on an international scale and accelerate entry into the Big Healthcare sector At the ‘Inno4life Creative Culture and Technology Innovation Expo 2024’ held at the Hong Kong Convention and Exhibition Centre in Wan Chai, century-old pharmaceutical company Tong[Read More…]
Angel Yeast to establish yeast production facility in Indonesia
The registration and land transaction procedures are estimated to be completed before February 2025 Angel Yeast a global leader in yeast manufacturing, is partnering with Indonesian agricultural company PT. Tunas Baru Lampung Tbk (TBLA) to set up a subsidiary in Lampung Province and acquire land to develop yeast production projects, in a move[Read More…]
Australian Vintage appoints Craig Garvin as CEO
He is a respected and well-liked leader who successfully led the change at AVG in a challenging environment The Board of Australian Vintage Limited announced the appointment of Craig Garvin as Chief Executive Officer effective Monday, 14 October 2024. “The new Board of Australian Vintage is pleased to welcome Craig[Read More…]
Givaudan breaks ground on production facility in Indonesia
Investment of CHF 50 million highlights Givaudan’s commitment to driving sustainable growth and innovation in the South East Asia region Givaudan, a global leader in Taste & well-being, announced the ground-breaking of its new, state-of-the-art production facility in Cikarang, Indonesia, reinforcing its commitment to the Southeast Asia region. The new[Read More…]
Westfalia Fruit exports first shipment of South African avocados to China
This shipment follows the successful conclusion of a phytosanitary agreement between South Africa and China, signed in August 2023 Westfalia Fruit, a leading multinational supplier of avocados and fresh fruit announced its inaugural shipment of avocados from South Africa to China. This milestone marks a significant expansion of the company’s[Read More…]
Mondi to acquire Western Europe packaging assets of Schumacher Packaging
The Acquisition comprises seven corrugated converting plants, two solid board mills and four solid board converting plants Mondi plc, announced that it has agreed to acquire the German, Benelux and UK corrugated converting and solid board operations of Schumacher Packaging. This Acquisition will expand Mondi’s corrugated footprint in Western Europe[Read More…]
Opportunities and obstacles in India’s nutraceuticals sector
Currently valued at approximately $8.5 billion, India’s dietary supplements market is growing at a compound annual growth rate (CAGR) of 10 per cent The dietary supplements industry in India is evolving rapidly, driven by increasing demand for alternative protein sources, natural vitamins, minerals, and holistic supplements. A recent report titled[Read More…]
Domino’s Pizza China continues to unleash market potential with 4D strategy
DPC Dash successfully continues to execute its 4D strategy of Development, Delicious pizza at value, Delivery, and Digital DPC Dash – Domino’s Pizza China, Domino’s Pizza’s exclusive master franchisee in the China Mainland, the Hong Kong Special Administrative Region of China, and the Macau Special Administrative Region of China, continued to capitalise[Read More…]