Saudi Basic Industries Corporation (Sabic) is to form a US$595m food packaging joint venture with Korean petrochemical firm SK Global Chemical, the firms have announced.
Cargill has said it intends to create a new sweeteners and starches joint venture in Saudi Arabia with agri-business firm Arasco, saying it will give the company a foothold in the fast-growing Middle East and North African market.
Archer Daniels Midland (ADM) and Wilmar International Limited have launched Olenex, a joint venture for the sale and marketing of refined vegetable oils and fats in Europe.
French flavour manufacturer, Aromatech, has formed a joint venture with a large Chinese flavour and fragrance company in a bid to better access China’s domestic food and beverages sector.
French flavour firm Mane has entered into a joint venture in Jeddah to tap the growth potential of Middle Eastern food manufacturers – said to the first global flavour company to set up shop in Saudi Arabia.
A year on from the formation of Oenobrands, a joint venture between DSM and Anchor Yeast, we went down to their offices in Montpellier, France, to find out about its first crop of wine yeasts and enzymes.
Arla Foods is to establish a whey processing joint venture with the merged Nordmilch-Humana company DMK to produce whey protein concentrate (WPC) and lactose for the food industry.
Stevia supplier PureCircle saw its share price plummet yesterday (Tuesday) after it said in a trading update that its profits for fiscal 2010 would be down on last year.
The melamine milk crisis throws up some serious questions that foreign food firms must ask before they hop aboard a joint venture to take them into China. What food safety features is it fitted with? And are they robust enough to be life-savers if disaster...
Grim economic outlook has not put a halt on mergers, acquisitions
and investments in the ingredients sector in the last month, as a
number of new deals have been announced, received approval, or been
finalised - on both sides of the...
Distributors Barentz Europe and Ernst Sander are officially
launching their joint venture, called Barentz-Sander, this week,
with an eye to bringing a bigger portfolio of ingredients to the
tricky Swiss market.
Glanbia expects to report a positive performance for 2007 driven
largely by its food ingredients, global nutrition businesses, and
increased demand for dairy products on the global scence.
US agri-giant Cargill is set to expand its gum manufacturing
capabilities in China. Working with its joint venture partner
Shandong Huanghelong Group, the company has announced a significant
capacity increase at its Zibo production...
Freshly formed Bunge-Dupont soy ingredient joint venture, The Solae
Company, is to plunge into flavors and to work on the taste of soy
protein through a new collaboration with flavor scientists at the
Linguagen corporation.
US supplier of applied protein sciences Proliant and Trega Foods, a
manufacturer of cheese and dairy-based ingredients, have announced
a joint venture for the production and marketing of whey protein
isolates.
Two of the biggest names in US agriculture have joined forces to
create a new company focused on speciality ingredients, in
particular soy proteins and lecithins. DuPont will control the
company, dubbed Solae, with Bunge taking a...
Metro, the German retailer, this month opened its first Cash &
Carry outlet in Japan, a market where it sees great potential in
the years to come. The store is a joint venture with Japan's
Marubeni Corp.
US nutrient systems company Fortitech and chemical giant BASF have
announced a joint venture for the manufacture, marketing and sales
of human nutrition premix products. The move builds on an existing
North American alliance created...
US agribusiness giant Archer Daniels Midland started operations
this week at its joint venture crusher in China with a big daily
soybean crushing capacity of 3,600 tonnes.
US food group Hormel Foods Corporation and agribusiness giant
Cargill, this week announced a joint venture to market nationally
branded fresh case ready beef and pork.
The EC has cleared the proposed restructuring of Coca-Cola Nestlé
Refreshment Company, an existing beverages joint venture in the
field of iced tea and coffee between The Coca-Cola Company and
Nestlé SA.
China-based corn processor Global Bio-chem Technology Group Co Ltd
said last week it had signed an agreement with U.S. multinational
agribusiness giant Cargill Inc to form a joint venture to make corn
sweeteners.
The American beverage group Coca-Cola is expected to modify the
terms of its $4bn juice-and-chips joint venture with Procter &
Gamble after criticism...
Coca-Cola and consumer products group Procter & Gamble have
formed a joint venture to develop and market innovative juice-based
drinks and snacks on a...
