Sirio’s board has approved a potential total investment of up to $40 million for the project SIRIO Pharma (SIRIO) the global nutraceutical contract development and manufacturing organisation (CDMO) announces plans to commence work on a new production site in Chonburi, Thailand. After record revenues during 2023, Sirio announced in May 2024 a[Read More…]
Tag: EU
China launches investigation into imported beef amid domestic industry concerns
The applicants argue that this sharp increase has caused substantial harm to China’s domestic beef industry, claiming a direct causal link between the import surge and the industry’s struggles China’s Ministry of Commerce (MOFCOM) has initiated a safeguard investigation into imported beef, following an application from the China Animal Agriculture[Read More…]
EU Fish Market report 2024 reveals trends and insights
EU consumers have eaten more fresh seafood products at home, mostly due to the impact of COVID-19 on the restaurant and hotel sector The Commission has released the EU Fish Market Report 2024, focusing on the fishery and aquaculture market’s performance in 2022-2023. According to the report, 2023 saw a decrease[Read More…]
EU approves €155 million scheme for seafood processing in Denmark
This scheme aims to support large Danish fish-processing companies in implementing projects that reduce CO2 emissions The European Commission has approved a €155 million (DKK 1.1 billion) Danish scheme designed to promote green investments in the processing of fishery and aquaculture products, by EU State aid rules. This scheme aims[Read More…]
From eco-friendly nutrition to egg replacement: How faba beans are transforming the plant-based market
Christian Philippsen, Managing Director, BENEO, Asia Pacific If you’re not part of the plant-based protein movement yet, you may soon be in the minority. It is predicted that by 2027, plant proteins will constitute 75 per cent of the alternative protein ingredient demand[1]. Products using these proteins are expected to[Read More…]
EU initiates WTO consultations challenging China’s anti-subsidy investigation
This is the first time the EU has decided to challenge an investigation at its initiation stage European Commission launched a consultation request at the World Trade Organization (WTO), challenging China’s initiation of an anti-subsidy investigation against imports of certain dairy products from the EU. This is the first time the EU[Read More…]
Taiwan’s Kavalan launches LÁN whisky
The first phase of the launch will include markets across the EU, Cambodia, Thailand, the Philippines, Malaysia, Hong Kong SAR, and Canada Taiwan’s Kavalan Distillery has launched its first whisky in tribute to its birthplace, Yilan County, across select markets around the globe. Available for export, LÁN is the Mandarin name for orchid with the character also[Read More…]
China initiates anti-subsidy investigation into dairy products from EU
A total of 20 EU subsidies will be scrutinised, including those from the bloc’s Common Agricultural Policy and subsidy programs initiated by specific EU members like Ireland, Austria, Belgium, and Italy China has initiated an anti-subsidy investigation into certain dairy products imported from the European Union (EU). The Ministry of[Read More…]
FAO and EU sign 47 million euro programme to enhance food security in Eastern Africa
The programme is expected to directly benefit more than 100,000 households across Ethiopia, Kenya, Somalia, South Sudan, Sudan, Tanzania, and Uganda The Food and Agriculture Organization of the United Nations (FAO) and the European Union (EU) have signed a four-year 47 million euro programme designed to strengthen the resilience of[Read More…]
China to investigate 3 EU pork processors’ alleged dumping practices
All three companies selected for investigation are among the largest pork processors in Europe China will be conducting detailed examinations of three major European pork processors as part of its recently announced investigation into alleged “dumping practices of pig products” on the Chinese market. The companies being investigated are Danish[Read More…]
