CMT’s 2nd Food Proteins Asia held on 22-23 January, 2019 in Bangkok highlights the shift towards alternative protein sources – especially plant-based proteins such as soy, chickpeas, peas, hemp, cassava as well as new innovations and regulatory framework. Demand for protein fortified food is on the rise while there is[Read More…]
Thailand
Nestlé launches $24.6M Nescafé marketing campaign in Thailand
Called ‘Nurture Stronger Bond’, the initiative seeks to strengthen the coffee brand’s engagement and connection with Thai society. Nestlé has started a THB 800 million ($24.6 million) campaign in Thailand to reinforce Nescafé’s position and celebrate the brand’s 45 years in the country. Called ‘Nurture Stronger Bond’, the initiative seeks[Read More…]
Iberchem Group inaugurates production facility in Thailand
The new site will feature a creative centre, production plant, application and analytical labs and a commercial office. Spanish flavours and fragrances producer Iberchem Group has inaugurated a new production facility in Bangkok, Thailand, its fourth manufacturing site in Southeast Asia. The new site will feature a creative centre, production[Read More…]
Ingredion targets expansion in Asia
The company aims to increase production of tapioca modified food starch in Thailand by 20%. Ingredion will invest $60 million to upgrade several of its Asian production facilities as part of a new investment programme, which aims to grow the company’s speciality food ingredients business in the region. The company[Read More…]
Thai dairy firm Nutridor plans to enter Cambodia
The dairy producer will hand over the marketing marketing and sales, merchandising, distribution and logistics of the products to DKSH Business Unit Consumer Goods. Thai dairy company Nutridor has formed a new partnership that will see it introduce its Abevia Gold sweetened beverage and evaporate creamers to the Cambodian market.[Read More…]
Eatigo receives follow-on funding from TripAdvisor
This brings its total raise across all its investors to date to over $25 million. Bangkok and India-based online restaurant reservation platform Eatigo has raised a follow-on funding as part of its pre-Series C round from existing investor TripAdvisor. This brings its total raise across all its investors to date[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…]
CP Foods signs deal with Brazilian shrimp farm
The company agreed to purchase a total of 4,666,667 newly issued ordinary shares representing 40 per cent of total capital stock of Camanor worth $17.5 million. Thailand’s Charoen Pokphand Foods (CP Foods) has inked a deal to acquire a 40 per cent stake in Camanor Produtos Marinhos, one of a[Read More…]
Dahmakan acquires Polpa to enter Thailand
Dahmakan recently received a $2.6 million round of funding earmarked for its expansion into new markets. Dahmakan, a vertically-integrated Malaysian meal delivery startup, has acquired Polpa to enter Bangkok. Dahmakan was the first Malaysian startup to participate in Y Combinator and recently received a $2.6 million round of funding earmarked for its expansion into[Read More…]
Firmenich opens discovery centre in Thailand
The facility will provide a collaborative environment where Firmenich chefs and food technologists can work together with customers to develop flavours. Firmenich has opened a new culinary discovery centre in Bangkok, Thailand, to serve as the company’s hub for Southeast Asia. The facility will provide a collaborative environment where Firmenich[Read More…]