olam food ingredients ("ofi"), a global leader in naturally good food and beverage ingredients, has opened its new Customer Solutions Center (CSC) in Singapore. The new facility will enable ofi to better collaborate with brands, grocery retailers, and foodservice companies to create their next delicious and nutritious product for consumers. The CSC was inaugurated by the guest of honor, Ms. Low Yen Ling - Minister of State, Ministry of Trade and Industry (MTI) & Ministry of Culture, … [Read more...] about ofi expands its innovation capabilities with a new Customer Solutions Center in Singapore
Factory Talk
PAG to Acquire Patties Foods and Vesco Foods
Sydney, September 15, 2022 – PAG, a leading investment firm focused on the Asia-Pacific region, announced today that it has entered into agreements to acquire Patties Foods (“Patties”) and Vesco Foods (“Vesco”), subject to regulatory approvals. Terms of the deals were not disclosed. Patties, with its origins dating back over 50 years, is well known for producing some of Australia and New Zealand’s favourite savoury snacks, appetisers, meals, and desserts, including its signature pies, party … [Read more...] about PAG to Acquire Patties Foods and Vesco Foods
Cargill inaugurates corn wet mill in Indonesia
With an investment of USD 100 million (IDR 1.3 trillion), the new facility is expected to help grow the country’s food and beverage industry as well as strengthen the local economy. Cargill inaugurated its corn wet mill in Pandaan, Pasuruan, and Surabaya to meet the growing demand for starches, sweeteners, and feed markets in Asia and Indonesia. This USD 100 million (IDR 1.3 trillion) facility, built during the pandemic, is also expected to benefit the local economy by creating up to 4,000 … [Read more...] about Cargill inaugurates corn wet mill in Indonesia
