Stevia supplier GLG Life Tech has entered into a joint venture with China Agriculture and Healthy Foods Company Limited (CAHFC) for the sale and distribution of stevia-sweetened foods and drinks, GLG has said.
Sensient Technologies has opened a new plant in Guangzhou, China, including offices and laboratories for the production of flavors, colors, fragrances, and pharmaceutical coatings, the company has said.
Stevia supplier GLG Life Tech has finalized a joint venture with Global Agrisystem Private Limited (Global Agri), a Katra Group company, to commercialize its stevia extracts in India and the Middle East, the company has said.
The Indian joint venture between Yakult and Danone established in 2005 to bring Yakult probiotic drinks to the Indian market is expanding with Bangalore targeted as the point of entry for southern markets.
Second quarter income for US chocolate maker, Hershey, fell 35 per cent due to factors such as charges related to its supply chain efficiency programme and the joint venture in India but Asia remains a focal area, said the company.