Cargill Incorporated set to expand its business in China
The company plans to deepen its investments and enhance innovation in areas like food safety and sustainable practices.
CHINA – Cargill Asia Pacific, an operator of food and beverage businesses, has expressed a continued commitment to investment and deepen its presence in China.
According to a statement released by the Ministry of Commerce, China, Wang Wentao, Chinese Commerce Minister met with Brian Sikes, President and CEO of Cargill to discuss Cargill’s business development in China.
Wang noted that the meeting sent out positive signals, demonstrating the country’s confidence in expanding high-standard opening-up and maintaining stable economic growth in a complex international environment.
“This will create more opportunities for global enterprises”, he said, expressing the hope that Cargill will continue to invest and deepen its presence in China.
On the issue of China-USA tariffs, Wang said that there are no winners in tariff or trade wars.
He added that the United States’ unilateral imposition of additional tariffs violates WTO rules, harms the interests of USA consumers, and undermines the security and stability of global industrial and supply chains.
During his meeting, Brian Sikes, the CEO of Cargill, expressed firm confidence in China’s future development.
He emphasised Cargill’s commitment to providing Chinese consumers high-quality, reliable products and services.
Sikes also highlighted the company’s plans to expand investments in China and deepen scientific and technological innovation.
Cargill expands cocoa production in Indonesia
Meanwhile, Cargill has added a new cocoa production line at its processing plant in Gresik, Indonesia, as part of its efforts to meet the growing demands of Asia’s dynamic consumer markets.
The expansion, which focuses on specialty cocoa solutions, enables a higher degree of customisation, catering to the unique preferences of some of Asia’s most discerning customers.
The new production line is expected to provide significant benefits to Cargill’s customers, offering tailored cocoa products.
Among the latest innovations are two new dark Gerkens cocoa powder ranges, characterised by their deep, dark hues and premium flavor profiles, as well as a new range of Cargill Craft cocoa liquors.
Francesca Kleemans, Managing Director of Cargill’s Food Solutions in Southeast Asia, emphasised the importance of the new capabilities at the Gresik plant.
“Through our new capabilities in Gresik, we are looking forward to co-creating with our customers in Asia. Leveraging the latest manufacturing technology and advanced R&D, the new line enables breakthrough innovation and unparalleled speed to market,” Kleemans said.
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