Chinese firm to invest US$6m in a new plastic bottle recycling plant in Kenya

KENYA - Weeco Recycling Co., a Chinese plastic bottle recycling company, has unveiled plans of investing US$6 million (Kshs 600 million) in setting up a plastic bottle recycling plant in Mombasa to expand its operations in Kenya. Wang Zhangyin, director at Weeco said the investments at the Special Economic Zone (SEZ) in Mombasa will supplement…

China’s demand for oilseed increases despite Swine Fever concerns

USA – Demand for oilseed from China has increased bolstered by rising chicken, beef and aquaculture production despite the recent health concerns around the African swine fever (ASF) outbreak. According to Global Agricultural Information Network (GAIN) report from the Foreign Agricultural Service of the U.S. Department of Agriculture (USDA), this trend will see increase in…

China halts imports from Viterra as ban on Canadian canola widens

CHINA – China has stopped importation of canola from Viterra, one of Canada’s largest grain handling business as crackdown on Canadian canola expands. Viterra becomes the second company whose registration has been cancelled by Canadian authorities after shipments from top exporter Richardson International were rejected earlier this month. The order ban which is effective immediately…

Nestle inaugurates new R&D center in China to accelerate innovation

CHINA – The multinational food and drink company, Nestle has opened a new Research & Development center (R&D) in Beijing, China to accelerate trend-based innovation and meet consumer demand in the Asian region. In addition, the company has also unveiled a System Technology hub in Shenzhen with a goal to strengthen collaboration with Chinese partners…

Kenya eyes Chinese market for lucrative avocado and stevia exports

KENYA – Kenya is set to market its avocado produce in the Chinese market after the Ministry of Agriculture launched an initiative that seeks to expand the country’s market at a global scale. According to said Agriculture Cabinet Minister, Mwangi Kiunjuri avocado and Stevia, a crop used for the making of calorie free sweetener, are…

Canada’s soybean exports to China more than triples despite production decline

CANADA – Canadian soybean exports to China increased by 230% through the first half of MY 2018/19 despite a decline in production, according to the Global Agricultural Information Network report from the U.S. Department of Agriculture. The report attributed the increase to a record high production in Ontario, high carryover stocks, and Eastern Canadian access…

Firmenich opens its largest flavors plant in China to meet customer demand

CHINA – The Swiss flavors and fragrances company, Firmenich has inaugurated what it says to be its largest flavor manufacturing plant in the world in the Zhangjiagang Free Trade Zone in China. The company said the facility operates with digitally-advanced manufacturing systems and the highest Quality, Health, Safety, Security and Environmental standards. According to Firmenich,…

AAK invests US$32m in expansion of its production facility in China

CHINA – AAK, supplier of vegetable oils and fats for specialized products has said that it will invest US$32 million (SEK 300 million) at its production facility in Zhangjiagang, China. The company said the investment will seek to increase capacity and support volume growth with a focus on Special Nutrition and Bakery segments. The investments…

Carlsberg acquires minority stake in Chinese craft brewery Jing-A

CHINA – The Danish brewery group, Carlsberg has acquired a minority stake in Beijing based micro-brewery Jing-A Brewing Co for an undisclosed amount. According to a report by Inside Beer, Jing-A will remain in control of producing its craft and specialty beers and developing its brand, while Carlsberg will distribute its beers. Founded in 2012…

Kenya lifts ban on China fish imports as demand increases

KENYA – Kenya has lifted the ban on fish imports from China as the country continues to experience increased demand that has caused fish shortage in the country, reports Business daily. The Department of Fisheries in the country, which imposed the ban last year after President Kenyatta issued a directive against importation of Chinese fish…