New facility offers end-to-end product design capabilities, including a dairy and beverage ultra-high temperature pilot plant IFF (NYSE: IFF) today announced the opening of its first dedicated food and beverage lab in Gangnam, Seoul, South Korea. The new co-creation center reinforces the company’s commitment to Be the Premier Partner as it seamlessly brings together flavor and ingredient expertise with food design capabilities to deliver the best-in-class innovations to customers in South … [Read more...] about New IFF Co-creation Center to Redefine Food & Beverages in South Korea
South Korea
Synbio Tech Inc. and Cosmax Group signed an exclusive cooperation agreement to jointly expand the South Korean probiotics market
Synbio Tech Inc. and Cosmax NBT, a major South Korean biotechnology company, officially signed an exclusive cooperation agreement to launch Lactobacillus plantarum TWK10® probiotic strain in South Korea and announced that TWK10® had been approved as an Individual Health Functional Food certification by the Ministry of Food and Drug Safety of South Korea. Under the agreement, COSMAX NBT will exclusively distribute TWK10® in the muscle health category to meet the growing needs of the active … [Read more...] about Synbio Tech Inc. and Cosmax Group signed an exclusive cooperation agreement to jointly expand the South Korean probiotics market
Agrifood of Gyeongsangbuk-do Province of Korea Sets New All-time Export Record
Gyeongsangbuk-do Province of Korea achieved its all-time export record of USD 640 million in 2021. The agrifood export record is expected to be renewed this year as it has already surpassed the previous year's export performance as of October 2022. The export amount of agrifood for Gyeongsangbuk-do Province in October 2022 alone was USD 679.64 million, a 40% increase compared to the export of USD 485.45 million in October 2021. Among the fresh agricultural products, export has increased by … [Read more...] about Agrifood of Gyeongsangbuk-do Province of Korea Sets New All-time Export Record
