China
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ADM opens new aquaculture innovation lab, enters supply chain agreement in China
US – American multinational food processing and commodities trading corporation Archer Daniels Midland Co. (ADM) has opened a new innovation lab in the US to bolster its research…
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Oatly inaugurates new production facility in China to take advantage of robust demand for faux dairy
CHINA – Swedish alternative dairy company Oatly has opened its first manufacturing facility in China, as it looks to expand its production capacity in Asia. The Swedish…
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Yili beats expectations to register 30% growth in 9-month profits, commits to protect biodiversity in China
CHINA – Chinese dairy company, Yili has reported a 30% growth in profits for the first 9 months of 2021, outstripping expectations and signaling a…
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Diageo to produce first China-origin single malt whisky in new US$75m whisky distillery
CHINA – British multinational beverage company, Diageo has broken ground on a US$75 million whisky distillery in Eryuan County, China which is set to produce…
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Yili forays into the infant formula and nutrition with acquisition of stake in Ausnutria Dairy
CHINA – Yili, China’s largest dairy company, is set to acquire a 34.33% stake in Netherlands-based producer of infant formula brands Ausnutria as a step to move into…
