AfDB explores potential partnerships with Chinese investors on agro-processing

AFRICA – The African Development Bank (AfDB) in Nigeria met a private sector consortium from China to help attract investment through partnerships in the development of special agro-Industrial processing zones (SAPZs) in Nigeria and across […]

Fonterra to reduce stake in Chinese infant formula maker Beingmate

NEW ZEALAND – The New Zealand milk coorporative, Fonterra, has said that it will be reducing part of its 18.8% shareholding in Chinese infant formula manufacturer Beingmate. The company’s chief executive, Miles Hurrell, said the […]

US signs trade agreement with European Union to expand beef exports

USA – The United States has signed an agreement with the European Union to lower trade barriers to Europe in a move that seeks to expand the beef export market access. “This is a tremendous […]

Cargill commits to sustainability, targets new investments to accelerate growth

USA– Cargill has released its 2019 annual report highlighting its recent efforts to drive the company’s operations towards sustainability. The company set a goal of training 10 million farmers in sustainable agriculture practices by 2030, […]

SIG Group to invest US$198.65m in constructing aseptic packaging facility in China

CHINA – Aseptic packaging provider, SIG Combibloc Group will be investing US$198.65 million (€180 million) in establishing a new packaging production plant in Suzhou, China. Expected to become operational in 2021, the 120,000 square-metre site […]

PepsiCo to acquire 26% stake in China’s Natural Foods for US$131m

CHINA – PepsiCo has announced that it will acquire 26% stake in China’s second-largest natural health food company, Natural Food International for US$131 million. The US-based beverages and snacks giant will acquire issued ordinary shares […]

Bunge Loders Croklaan opens new edible oils facility in China

CHINA – Bunge-owned edible oils business, Bunge Loders Croklaan (BLC) has inaugurated a new edible oils processing facility in Xiamen, China. The facility expands BLC’s capability to deliver plant-based specialty oils and fats ingredients for […]

China’s salt intake among the highest in the world, new research

UK – China is confirmed to be among the nations in the world where salt intake is the highest, with most of its population consuming way higher than the recommended amount. According to a new […]

Azelis opens new application lab in China to serve agri-food market

CHINA – Leading specialty ingredients and chemicals provider, Azelis has opened a new application laboratory in Shanghai, China to expand its service delivery to agri-food customers. The center which is Azeli’s fourth technical laboratory serving […]