Spanish ingredients supplier Iberchem Group buys two flavour companies in Asia

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 […]

IMCD acquires Matrix Ingredients operations in Singapore and Malaysia

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 […]

Ajinomoto to invest US$84.9m in relocating Malaysian subsidiary

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 […]

Louis Dreyfus to invest in Malaysian poultry and food firm Leong Hup

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 to introduce tax on sugary soft drinks and juices

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 […]

Malaysia secures export deal with China for frozen whole fruit durians

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 […]