People's Republic Of China

Degussa takes on China

Degussa takes on China

German speciality chemicals firm Degussa is investing €10 million
in a new research and development centre in Shanghai, where its
numerous business units, including food ingredients, will seek to
develop products targeted for the...

Kraft cuts staff

Kraft cuts staff

North American food maker Kraft Foods Inc. on Tuesday said it would
close two Chinese biscuit plants and cut about 1,000 employees,
part of its latest effort to trim costs


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