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January Issue of Asia Food & Beverages!
ALCOHOLIC DRINKS (Wine, Champagne etc exclude Beer)
FOOD & BEVERAGE INGREDIENTS
FUNCTIONAL/NUTRITIONAL/HEALTH DRINK (eg. Vitamin, Protein)
PACKAGING & TECHNOLOGY
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Leong Hup investing heavily in Vietnam’s animal feed industry
Malaysian-based poultry producer, Leong Hup International Bhd had earlier announced that its business unit in Vietnam was set to open its 4th and most advanced ...
Fuji Oil to acquire Blommer Chocolate by February 2019
The Blommer Chocolate Company (BCC), the largest chocolate ingredient manufacturer in North America has entered into an agreement to be acquired by Fuji Oil Holding, ...
Kellogg to explore Biscuit, Fruit Snacks Brands disposal
US-based cereal company, Kellogg’s is exploring to sell its biscuit and fruit snacks brands, namely Keebler, Famous Amos, Mother's and Stretch Island.
Kellogg’s plans to ...
Cargill all set for US$500 million regional expansion
Global agriculture giant, Cargill is set to invest up to a tune of US$500 million in ASEAN with Malaysia, Philippines and Thailand being the 3 ...
Danone strikes deal on Yashili NZ stake
Danone has concluded agreement to acquire 49% stake of New Zealand (NZ) based unit of Hong Kong-listed infant formula business Yashili International Holdings.
Earlier in June, ...
Mengniu to acquire ‘idle’ dairy equipments from Modern Farm
China Modern Dairy Holdings Ltd. has recently disclosed that its subsidiary, Modern Farm (Saibei) has agreed to sell ‘idle’ dairy assets to Mengniu (Baotou) at ...
Martin Bauer reopens tea facility after expansion work
Martin Bauer Group has recently re-opened its tea extract manufacturing facility in China following expansion works.
The new 200,000 sq.ft facility in Hangzhou underwent expansion to ...
World’s largest salmon farmer to set up plant in Shanghai
Marine Harvest, the world’s largest salmon farming (aquaculture) company, is building a processing plant in Shanghai. This will effectively bring fresh salmons to mainland Chinese ...
Petpal Nutrition plans to open factory in Cambodia to meet rising demand
Petpal Pet Nutrition Technology plans to open a factory in Cambodia to distribute pet food and supplies as it expects growing demand for its products.
Cambodia’s Moo Moo Farms to expand production of fresh milk
American-owned, but based in Cambodia, Moo Moo Farms plans to import 1,000 cows in February to produce high-quality fresh milk at its local plant.
Kenny Matthews, ...
Masan Group inaugurates meat processing complex in Ha Nam
Masan Group has inaugurated its MNS meat processing complex in late December at the Dong Van IV Industrial Park in Kim Bang district of the ...
CP Vietnam to inject US$300 million into opening plants in Vietnam
CP Vietnam will invest more than Bt10 billion (US$310 million) before the end of 2019 to set up food processing plants in HCMC.
Suphat Srithanatorn, Executive ...
Foreign investors to dominate Vietnam’s beer industry
Vietnam is Asia’s fastest growing beer market with consumption expected to surpass 4.6 billion litres in 2025 from its current 4 billion litres. As one ...
Tyson identified as potential buyer of BRF’s Thailand, European business
Major US processed meat giant, Tyson Foods is one of the 5 potential buyers shortlisted for BRF’s Thailand and European poultry businesses.
In June, Brazilian-based meat ...
TCP Group plans massive 3-year investment in Vietnam
Thailand’s major energy drinks producer, TCP Group, is planning to invest US$120 million in Vietnam in the next 3 years, as part of its goal ...
PT Kaneka to set up new factory to meet growing demand for bakery ingredients
PT Kaneka Foods Indonesia, the JV between Mitsubishi Corporation and Kaneka Corporation, is setting up a new plant to meet Indonesia’s growing demand for quality ...
Kimly to develop own brand of coffee, tea after failed acquisition exercise
Kimly Ltd, Singapore’s largest coffeeshop operator, is still looking at potential acquisitions and partnerships, apart from its intention to develop its own brand of coffee ...
KKR to acquire substantial stake in TWG Tea owner
Private equity firm KKR is taking up substantial stake in V3, owner of OSIM massage chair and TWG Tea.
KKR will invest up to S$500 million ...
D&L obtains PEZA certification to expand production for exports
D&L Premium Foods Corporation (DLPF), a subsidiary of D&L Industries, Inc., has received from the Philippine Economic Zone Authority (PEZA) its Certificate of Registration as ...
Yili buys Thailand’s largest domestic ice cream producer
China’s largest dairy conglomerate, Yili Group has recently bought over Chomthana, the largest domestic ice cream company in Thailand.
The acquisition follows an earlier investment statement ...
Producer of non-dairy creamer to expand production capacity in Samut Sakhon
Preserved Food Specialty Co (PFS), the producer of Coffee Dreamy non-dairy creamer, plans to expand production capacity at its factory in Samut Sakhon.
General Manager Panu ...
Mengniu opens 1st ASEAN production base for YoyiC yogurt in Indonesia
China-based Mengniu has recently opened its 1st ASEAN manufacturing plant in Cikarang, West Java in Indonesia mainly for the production of its flagship YoyiC line ...
Rokko Butter to rollout processed cheese in Indonesia
Japan’s Rokko Butter Co. has partnered with trading giant, Mitsubishi Corp. in late 2018 to launch production of processed cheese in Indonesia, marking its first ...
FGV aims to move downstream and trim losses from CPO
Crude Palm Oil (CPO) supplier, FGV Holdings Bhd is looking at minimising its role as a CPO seller and plans to add value to the ...
Two Malaysian companies to partner in developing Low GI Roti Canai (Indian Bread)
Roti Canai (pratha) and other Indian rotis are often considered as unhealthy, however 2 companies are about to change that negative image associated with such ...
Malayan Flour Mills to diversify into downstream activities
Malayan Flour Mills Bhd (MFM) aims to be more than just a flour miller and poultry farmer, as it seeks to climb up the food ...
NutiFood forms JV with Asashi Group in Kids Nutrition
NutiFood Nutrition Food JSC (NutiFood), one of the leading firms specialising in dairy production in Vietnam has recently formed a joint venture (JV) with Japan’s ...
Lavifood opens fruit/vegetable processing plant for international market
Lavifood JSC has recently started operation of its Tanifood vegetable and fruit processing plant in the southwestern province of Tay Ninh, with the aim of ...
Tin Nghia Coffee inaugurates instant coffee plant in Southern Vietnam
Tin Nghia Coffee Company has recently started operation of an instant coffee processing plant, with total investment capital of US$100 million, to expand its operations ...
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