Archives for September 24, 2017

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India

Keventer raises $25m to fund expansion

By RJ Whitehead

Kolkata-based dairy, fruit and grocery major Keventer Agro has raised US$25m in capital from Indian private equity firm Mandala Capital to fund its expansion in agro-food processing in eastern India. 

Hong Kong resists sugar tax calls

By RJ Whitehead

Hong Kong authorities favour adopting health awareness schemes over introducing a tax on sugar to limit consumption.

China direct

China rushes to research its newest staple

By RJ Whitehead

An institute co-founded by research agencies and potato processors in China and Kazakhstan has been established in the Xinjiang Uygur Autonomous Region to study China’s newest staple. 

Australia

Murray Goulburn struggling to find suitor for buyout

By RJ Whitehead

Troubled Australian dairy co-operative Murray Goulburn has called for an end to media speculation over a potential buyout—even calling into question the likelihood of a takeover itself. 

Synergy Flavours continues Thailand expansion

By RJ Whitehead

Having doubled the size of its Bangkok operation after the opening of a dedicated technical and manufacturing facility in Thailand in 2013, Synergy Flavours will now embark on further expansion of its site there.