Food and Beverages
Food & Beverage Market to Surpass $80 Billion in 2020 in KSA and UAE
Product differentiation and innovation in terms of taste, flavors, and ingredients will remain key success factors for market participants in the Kingdom of Saudi Arabia and the United Arab Emirates DUBAI, United Arab Emirates, June 3, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis,2020 ...
Niccolo Changsha Holds its Xiao Zong Afternoon Treat Launch Party
CHANGSHA, China, June 3, 2020 /PRNewswire/ -- Recently, a Xiao Zong Afternoon Treat launch party & beauty sharing salon was held at Niccolo Changsha's level 8 The Conservatory, surrounded by artful floral designs. The party was held by Niccolo Changsha to launch the Xiao ZongAfternoon Treat, excl...
Firmenich Appoints Boet Brinkgreve as President Ingredients
GENEVA, June 3, 2020 /PRNewswire/ -- In order to strengthen Firmenich industry leadership in ingredients and drive a new era of excellence, Firmenich, has appointed Boet Brinkgreve to President of Ingredients, effectiveJune 1st, 2020. Boet will continue to report directly to Firmenich CEO,Gilbert...
Firmenich Appoints Boet Brinkgreve as President Ingredients
GENEVA, June 2, 2020 /PRNewswire/ -- In order to strengthen Firmenich industry leadership in ingredients and drive a new era of excellence, Firmenich, has appointed Boet Brinkgreve to President of Ingredients, effectiveJune 1st, 2020. Boet will continue to report directly to Firmenich CEO,Gilbert...
PepsiCo Thailand Commits 18,000,000 Baht to Supporting COVID-19 Relief Efforts in Thailand
Ms. Wei Wei Yao, SVP & GM, Asia BU and China Beverages BU of Pepsi Cola (Thai) Trading Co., Ltd.BANGKOK, June 2, 2020 /PRNewswire/ -- PepsiCo Thailand, Suntory PepsiCo Beverages Thailand, and The PepsiCo Foundation have partnered with Raks Thai Foundation to reach the most vulnerable communities...
Indulge in a Feast of Art and Gourmet as Niccolo Chongqing Launches the Art Afternoon Tea
CHONGQING, China, June 2, 2020 /PRNewswire/ -- From 1 May to 30 June 2020, Niccolo Chongqing invites guests to indulge their senses with the sweet ingenuity of the Niccolo Art Afternoon Tea. Since opening inSeptember 2017, Niccolo Chongqing has become a cherished city landmark, winning numerous a...
Yum China to Introduce the Revolutionary Beyond Burger® at Select KFC, Pizza Hut and Taco Bell Restaurants
SHANGHAI, June 1, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC) today announced that it is partnering with Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat, to introduce the Beyond Burger® as a limited time offering at select KFC, Pizza Hu...
Firmenich Successfully Completes Acquisition of DRT
GENEVA, May 28, 2020 /PRNewswire/ -- Firmenich International SA, a global leader in the Flavor & Fragrance industry, is pleased to announce the completion of its acquisition of Les Dérivés Résiniques et Terpéniques ("DRT"). DRT is a world leader in the development and supply of high quality, rene...
Yum China Releases 2019 Sustainability Report
SHANGHAI, May 28, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC), today issued its annual Sustainability Report, which highlights its commitment to sustainability and dedication to giving back to the community. It is the Company's third annual Sustainabi...
IntegriCulture Inc. Closes Series A Fundraising Round Led by Beyond Next Ventures at JPY800 Million
TOKYO, May 28, 2020 /PRNewswire/ -- IntegriCulture Inc. has completed a Series A fundraising round ofJPY800 million (USD7.4 million) backed by Beyond Next Ventures, NH Foods, AgFunder and other investors. The cumulative amount raised stands aboutJPY1.1 billion (USD10.2 million). (Logo: https://...
Blue Diamond Growers Welcomes China Expansion of Specialty Crop Imports
SACRAMENTO, California, May 28, 2020 /PRNewswire/ -- Last week the United States Department of Agriculture (USDA) and United States Trade Representative (USTR) announced thatChina, under the Phase 1 trade agreement, will expand the number of specialty crops it imports from the U.S., including a n...
PLIN Provides Update on Current Business Operations
NEW YORK, May 27, 2020 /PRNewswire/ -- China Xiangtai Food Co., Ltd. (NASDAQ: PLIN) ("Xiangtai" or the "Company"), an emerging growth company engaged in the food processing business, today provided a business update and reported on recent corporate developments. The Company noted that the U.S. S...
Jennewein Publishes New Results on the Norovirus-inhibiting Effect of Complex Oligosaccharides
RHEINBREITBACH, Germany, May 27, 2020 /PRNewswire/ -- Jennewein Biotechnologie GmbH today announces the publication of the latest results from its norovirus research program in theJournal of Biotechnology. Breast-fed infants are less likely than bottle-fed infants to contract norovirus infecti...
Hop Supplier Announces New CFO During Critical Time in Hop and Brewing History
YAKIMA, Wash., May 27, 2020 /PRNewswire/ -- Yakima Chief Hops, a 100% grower-owned hop supplier, welcomed new Chief Financial OfficerHoward Allred shortly after the COVID-19 outbreak began. EffectiveMarch 23, Allred's onboarding came at a crucial time, as breweries shut their doors and hop growe...
Barry Callebaut to acquire GKC Foods in Australia
* Acquisition establishes Barry Callebaut's direct presence and manufacturing capacity inAustralia to cater for the Australian and New Zealand markets * Investment involves upgrading the factory and installing a new chocolate production line * GKC Foods is a privately-owned B2B chocolate m...
LG SIGNATURE Brings Alessandro Mendini's Last Original Sketch to Life
SEOUL, South Korea, May 27, 2020 /PRNewswire/ -- LG SIGNATURE
Accolade Wines names partner to drive growth in US
HONG KONG, May 26, 2020 /PRNewswire/ -- Accolade Wines has appointed Quintessential -- a family owned-and-operated import, marketing and sales company headquartered in Napa, California -- to represent some of its iconic brands in the US. Under the partnership, Quintessential will initially repre...
Hang Lung Offers Food and Basic Necessities to Unemployed and Underprivileged Families Impacted by COVID-19
HONG KONG, May 26, 2020 /PRNewswire/ -- Hong Kong's economy is being hit hard by COVID-19, with the unemployment rate climbing to a 10-year record high. In view of the difficulties faced by underprivileged groups, Hang Lung is partnering with three organizations to distribute food packs to more t...
LG SIGNATURE Brings Alessandro Mendini's Last Original Sketch to Life
SEOUL, South Korea, May 25, 2020 /PRNewswire/ -- In celebration of National
Wine Day,LG SIGNATURE
Meituan Dianping Announces Financial Results for the Three Months Ended March 31, 2020
HONG KONG, May 25, 2020 /PRNewswire/ -- Meituan Dianping (HKG: 3690) (the "Company" or "Meituan"),China's leading e-commerce platform for services, today announced the unaudited consolidated results of the Company for the three months endedMarch 31, 2020 ("1Q2020"). Company Financial Highlights ...
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