SPAIN – The Iberchem Group, a Spain-headquartered flavor and fragrance house, has completed the acquisition of Flavor Inn Corporation in Malaysia and Nanchang Duomei Bio-Tech (Duomei), located in China. Flavor Inn is a Malaysian flavour […]
LIBERIA – Sime Darby Plantation, a Malaysian oil palm planation company has disclosed that it will be closing its operation in Western Liberia by the end of this year in a move that seeks to […]
NETHERLANDS – IMCD, a leading distributor of speciality chemicals and food ingredients, has acquired the food distribution business of Matrix Ingredients in Singapore and Malaysia, for an undisclosed sum. Following the transaction, Maxim Ingredients International Pte. Ltd. and […]
MALAYSIA – Japanese headquartered seasoning major, Ajinomoto will be investing US$84.9 million (MYR355 million) in relocating its Ajinomoto Malaysia Berhad (AMB) subsidiary to a new site in Bandar Enstek, Malaysia. Construction works for the new […]
ASIA – Leading agribusiness merchant, Louis Dreyfus Company (LDC) has announced that it will invest in Malaysian poultry and livestock feed company, Leong Hup International (LHI) ahead of planned initial public offering. LDC said the […]
MALAYSIA – Malaysia is set to introduce a tax on ‘high sugar’ beverages including juices and soft drinks effective 1 April 2019 to help address the country’s levels of obesity and sugar related diseases. Finance […]
ASIA – Agriculture and Agro-based Industry of Malaysia has signed an agreement to export frozen whole fruit durians to China, marking the second consecutive year Malaysia had succeeded in obtaining market access to China. As […]
MALAYSIA – The world’s number one pure-play coffee maker Jacobs Douwe Egberts has received regulator approval for the acquisition of Malysian coffee producer Old Town In a deal worth US$361 million the Competition Commission of […]
MALAYSIA – Givaudan, a Swiss manufacturer of flavors, fragrances and active cosmetic ingredients, has announced the official opening of its new Givaudan Business Solutions (GBS) delivery centre in Kuala Lumpur, Malaysia. The GBS delivery centre […]
MALAYSIA – Palm oil tumbled below 2,000 ringgit ($633) a metric ton for the first time in more than five years as forecasts for a record U.S. harvest of soybeans used to produce alternative oil threaten to curb demand.
