Future Meat Co-led by ADM Ventures, Invested For The Mass Production Of Cultivated Meat

“We’re excited to expand our relationship with Future Meat and expand the universe of new sources of protein to consumers who are increasingly diversifying their diets,” said Ian Pinner, senior vice president of strategy and innovation, ADM. “Future Meat Technologies, (Future Meat), the firs...

Bord Bia has won the contract to promote EU beef, lamb, dairy and horticulture across Asia

Bord Bia has won the contract to promote EU beef, lamb, dairy and horticulture across Asia, Europe and the US in three campaigns valued at €13.4 millionBord Bia has won the contract to promote EU beef, lamb, dairy and horticulture across Asia, Europe and the US in three campaigns valued at €1...

India’s leading basmati rice exporters to set up of its Food Tech Fund to invest in Food Tech companies

GRM Overseas Limited one of India’s leading basmati rice exporters and a niche consumer staples player announced the set up of its Food Tech Fund under the aegis of its subsidiary GRM Foodkraft Private Ltd. GRM Overseas Limited one of India’s leading basmati rice exporters and a niche consum...

Korea based Company Plans to build one of Asia’s largest plant-based meat factory

Zikooin Company, a plant-based meat substitute manufacturer attracted investments totaling around USD 23 million.Zikooin Company, a plant-based meat substitute manufacturer attracted investments totaling around USD 23 million.(28 billion Korean won) Zikooin Company won follow-ons from Primer S...

Missfresh reached new milestone by listing over FTSE Global Equity Indices

Missfresh Limited an innovator and leader in China’s neighborhood retail industry, announced that it will be added to the FTSE Global Equity Index SeriesMissfresh Limited an innovator and leader in China’s neighborhood retail industry,  announced that it will be added to the FTSE Global...

olam food ingredients publishes further information for investors

Introduction to ofi for investors’ highlights ofi’s attractive portfolio and strong growth prospects, driven by a proven and repeatable growth model ofi, a global leader in naturally good food & beverage ingredients has published further information for investors prior to attending J.P. Morg...

Mondelēz International making an investment in CCOF, addressing Asia

CCOF is an investment fund dedicated to addressing India and Southeast Asia’s plastics challenges, and its investors include some of the world’s leading consumer packaged goods companies. Mondelēz International, Inc. advanced its commitment to helping create a circular economy for plastic by jo...

GUUD Finance singed an agreement with China’s leading coffee chain to provide working assets

The agreement marks the GUUD group’s first foray into the coffee market and is also significant as it allows GUUD to provide credit access all the way upstream to the farmers or growers of coffee beans.Singapore’s GUUD (Finance) Pte. Ltd. (“GUUD Finance”), the financing pillar of...

China’s dairy giants YIli gained operating income of 85b yuan in Q1-3

Yili’s liquid milk, cold drinks and other businesses continue to maintain an absolute market leadership position. Yili’s high-growth categories such as cheese, mineral water, low-temperature milk, and formula milk powder have maintained rapid growth.Yili Group released its financial results for ...

Kerry’s Interim result shows strong growth in foodservices

Group trading profit margin increased by 60bps, reflecting a 60bps improvement in Taste & Nutrition and a 20bps improvement in Consumer Foods, driven principally by operating leverage. Kerry reports business performance for the nine months ended 30 September 2021  Edmond Scanlon, Chief Executi...

Olam has secured a medium-term samurai loan facility aggregating JPY 26.7 billion.

MUFG Bank Ltd., Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation (Singapore Branch) and Development Bank of Japan Inc. acted as Mandated Lead Arrangers and Bookrunners for the Facility, with MUFG Bank Ltd. acting as Facility Agent.Leading global food and agri-business Olam International Limite...

Olam highlights further information for investors with respect to demerger & IPO

Olam has published further information for investors with respect to the planned demerger and IPO of Olam Food Ingredients (“OFI”), a global leader at the forefront of food and beverage consumer trends.Olam International Limited has published further information for investors with respect to the...

Australian All G Foods’ receive funding from CEFC for growing sustainable food production

The CEFC commitment, through the Clean Energy Innovation Fund on behalf of the Australian Government, is made alongside several prominent angel investors. A new Australian company set to build further demand for plant-based and alternative proteins has closed a $16 million seed capital raise, backed...

Yili’s interim results set another new high for the Asian dairy industry

Yili exceeds market expectations with double-digit growth in revenue and net profit in H1 FY2021. Yili exceeds market expectations with double-digit growth in revenue and net profit in H1 FY2021. Yili’s strong financial performance reflects efforts at innovation and improvement of products, ...

Olam secured three committed loan facilities aggregating US$5.2 billion to facilitate Olam’s Re-organisation Plan

Olam secures landmark US$5.2 billion financings as it progresses on its ReorganisationLeading global food and agri-business, Olam International Limited (“Olam’’) announced that it has secured three committed loan facilities aggregating US$5.2 billion. The three facilities comprise ...

China food tech startup completed Series Pre-A funding combining nature and technology

The funding Allklear secured reflects the tremendous potential investors see in Future Salad, and will be used to strengthen the company’s foundation in Hong Kong,A Hong Kong food tech startup combining nature and technology, Allklear, has completed Series Pre-A funding, raising HK$...

Angel Yeast to acquire yeast relevant assets of Shandong Bio Sunkeen

In doing so, the company seeks to optimize its production capacity and further consolidate and strengthen its position in the industry.Angel Yeast Co., Ltd  a listed high-tech yeast company in China, has recently announced it has established a joint venture company to invest RMB 100 million ($1...

China based WH Group’s interim results indicate increase in sales volumes of packaged meats segment

Sales volumes of packaged meats were 1.614 million metric tons, an increase of 2.5% year-on-yearWH Group Limited is pleased to announce the unaudited interim results of the Company and its subsidiaries for the six months ended June 30, 2021. In the first half of 2021, although the Group’s operati...

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