Asia Pacific to drive global momentum with Southeast Asia markets and China leading in terms of growth opportunities. Cold storage facilities offer substantial untapped growth opportunities in Asia Pacific (APAC) despite the market moderating from a 2021 high. According to JLL (NYSE: JLL), refrigerated warehouse capacity demonstrated consistent growth from 2014 to 2020 and is projected to rise by 25 percent over the next five years and reach over 1,100 million cubic metres by 2030 globally, … [Read more...] about Cold storage market to potentially rise by 25% by 2030
Factory Talk
Mega Prime Foods turns 50 with growth plans and ‘giving back’
Maker of country’s #1 sardines brand, Mega Sardines, sets sights on doubling business every five years MANILA, PHILIPPINES — For over 15 years, Mega Sardines has held its position as the Philippines’ #1 sardines brand. It has continued to dominate the market, commanding a 26 percent share in 2023. Behind this success is Mega Prime Foods, Inc. (MPFI), the manufacturing and distribution company that has quietly built a powerhouse portfolio of Filipino pantry staples. From … [Read more...] about Mega Prime Foods turns 50 with growth plans and ‘giving back’
Natac starts up the largest omega-3 production plant in Spain
Natac Group (NAT), a biotechnology company specialised in the sustainable production of botanical extracts and functional oils with proven health benefits, has started up the omega-3 production plant in As Somozas (La Coruña), the largest in Spain. The oil production tests began in July and were such a success that the facility is already manufacturing its first batches, which will be marketed in the coming weeks. The plant refines, deodorises, and bleaches omega-3 oils from fish to preserve … [Read more...] about Natac starts up the largest omega-3 production plant in Spain
