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Philippine food conglomerate URC aims for further expansion in Vietnam  
After 15 years of operations in Vietnam, Universal Robina Corporation (URC) is set to broaden its market coverage in the country.
URC is the biggest subsidiary ...
 
Korean food giant plans gigantic expansion for its ‘mandu’ dumpling  
Over the past few years, South Korea’s largest food company, CJ CheilJedang Corp (CJ), has made a multi-million dollar investment into ‘mandu’ or korean dumpling, ...
 
Middle East food company plans to setup plant in Southeast Asia  
UAE-based Global Food Industries is planning to open a manufacturing plant that produces the company’s ‘Healthy Farm’ line of products in Asia.
At present, the ...
 
Win-Chain partners Norwegian firm to boost supply of Salmon in China  
Win-Chain, a global fresh food sourcing platform under e-commerce giant Alibaba Group, has recently formed partnership with Norwegian Marine Harvest Group to create a more ...
 
JUST, Brinc partnership to support sustainable plant-based food ventures in China  
A new program for entrepreneurs who want to create cutting-edge solutions for a more sustainable food supply had been unveiled in late September in Hong ...
 
Yili Group upgrades European R&D Centre to Innovation Centre  
China’s major dairy producer, Inner Mongolia Yili Industrial Group Company Limited (Yili), has recently upgraded its R&D center in Europe to an innovation center.
In 2014, ...
 
By-Health finalises acquisition of Life-Space  
China-based By-Health has finalised its acquisition of Australian probiotics firm, Life-Space Group (LSG) for a sum of US$483.1 million.
The main reasons for the acquisition were ...
 
Unilever to continue producing Sariwangi tea  
PT Unilever Indonesia has recently announced that it will continue to manufacture Sariwangi teabags after a court declared the manufacturer PT Sariwangi Agricultural Estate Agency ...
 
Indonesia plans to develop Batam, Bintan to be Halal hubs  
Indonesia is now planning to join its neighboring Malaysia to capitalise on the booming US$2.5 trillion dollar global Halal food industry.
Batam and Bintan are poised ...
 
Nestle joins Pepsi to end palm oil sourcing from Indofood  
Nestle has recently ended its joint venture partnership with Indofood’s subsidiary IndoAgri, an Indonesian palm oil supplier accused of workers' rights abuse and deforestation.
This comes ...
 
17 Investors seek to invest in Sugar Factories in Indonesia  
Indonesia’s Agriculture Minister Amran Sulaiman has claimed that there are 17 investors interested in building sugar factories in the country with total investment value of ...
 
Energy drink producer to use IPO proceeds to finance investments in Myanmar, Asia  
Thailand’s Osotspa Plc, which produces the popular energy drink, M-150, will use the proceeds from its IPO for its investments in Myanmar and rest of ...
 
Instant Noodle producer to diversify into Seasonings  
Due to stiff competition and slow growth in the instant noodle market, Thai Preserved Food Factory Co, the producer of Wai Wai instant noodles, is ...
 
Coca-Cola to diversify further by acquiring Horlicks  
After its recent acquisition of British coffee chain Costa Coffee, The Coca-Cola Co is now setting its sight on acquiring GlaxoSmithKline Plc's (GSK) Indian malted ...
 
PAN Group to form business alliance with Japan’s Sojitz Corporation  
Vietnamese agriculture and food company, PAN Group JSC has officially launched a business alliance with the Japanese Sojitz Corporation.
On 25 September, Sojitz acquired 13.4 million ...
 
Lotte Confectionery acquires Myanmar bakery firm  
Korea’s Lotte Confectionery has recently acquired a bakery company in Myanmar to accelerate its expansion into the ASEAN market.
It has acquired a 80% stake in ...
 
2 Vietnamese firms to invest in mega fruit processing plants  
Two leading Vietnamese agricultural firms will invest heavily into mega fruit processing plants throughout Vietnam.
Lavifood JSC will inaugurate a Dong 1.8 trillion (US$78.26 million) fruits ...
 
JV opens processed meat plant in Dong Nai Province  
A US$7 million joint-venture (JV) food processing factory was recently opened in Trang Bom district in Dong Nai province.
The 6-hectare factory was built through a ...
 
TH Group to construct Russia’s largest dairy processing plant  
Vietnam’s TH Group, producer of TH true Milk brand, has started construction of its 1st dairy processing plant in Borovsk special economic zone in Russia, ...
 
Nestle to sell Chilled Dairy Business to Lactalis to fund its biggest Milo plant  
Nestle (Malaysia) Bhd is selling its chilled dairy business, which produces the Bliss brand of yogurt drinks for the Malaysia, Singapore and Brunei markets, and ...
 
PPB to allocate US$143.5 million for business expansion  
PPB Group Bhd is set to invest more than US$143.5 million in the next 4 years, despite expectation that the flour markets in Malaysia, ...
 
Calbee to pull out of Philippines JV  
Major Japanese snack food producer, Calbee Inc. has decided to pull out of its potato chip joint venture (JV) in the Philippines due to snowballing ...
 
Mitsui Sugar to acquire 100% stake in refined sugar processor  
Mitsui & Co., Ltd together with Mitsui Sugar Co., Ltd had earlier signed an agreement to acquire all shares of SIS'88 Pte Ltd (SIS), a ...
 
PepsiCo acquires nutritional food startup Health Warrior  
PepsiCo has recently acquired nutritional food company, Health Warrior as part of its continuous effort to target consumers who are substituting processed and sugary foods ...
 
Mondelez International opens new Technical Centre in India  
Mondelez International has recently inaugurated its global Technical Centre in India located in Thane, Maharashtra at an investment of US$15 million.
The Technical Centre will ...
 
San Miguel to allocate US$770 million for F&B expansion till 2021  
San Miguel Food and Beverage Inc. (San Miguel) has recently announced plan to allocate Pesos 41 billion (US$770 million) for the expansion of its beer ...
 
Vitasoy to invest US$143 million on new plant in China  
Vitasoy International Holdings has started construction of its new US$143 million manufacturing plant near Dongguan City in the Guangdong Province of China. The Dongguan facility ...
 
Yili officially made its presence felt in Indonesia  
China's largest dairy company, Yili Group, has recently done a product launch in Indonesia to also signify its official entrance into the Indonesian market.
Yili Group ...
 
Industrial gas producers team up to develop Frozen Fruit Centre  
Bangkok Industrial Gas Co (BIG), Thailand's largest industrial gas producer, has partnered with national oil and gas conglomerate, PTT Plc to develop a frozen fruit ...
 
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