Textile Company Using Shrimp and Crab Shells to Produce Biomass Fiber

Textile companies have long been dependent on crude oil when making common synthetic materials such as nylon or polyester but that could soon change, with companies turning to biomass fibers. Hismer Bio-Tech Co. Ltd. based in Ningyang County, Tai’an City in east China’s Shandong Province, is making biomass fiber from a very unusual source: shrimp

China Lifts Partial Ban on Filipino Bananas

The Chinese government has lifted the ban on the import of bananas coming from the Philippines. During his courtesy call at the Department of Agriculture, Chinese Ambassador Zhao Jianhua said China would now accept bananas and pineapples from Philippine-based exporters…Full Article: Philstar Oct 2016 Key Points In September 2016, officials from China’s General Administration of

American Private Equity Firm, KKR, Invests in China’s Fish Feed Industry

KKR, a world leading investment institution, has made an investment in Guangdong Yuehai Feed Group, a large aquatic animal feed producer in China. The investment by KKR aims at expanding the business scale of Yuehai Feed Group and better fulfilling the demand of Chinese consumers for safe and healthy animal protein products…Full Article: Xinhua Finance

U.S. Launches Countervailing Duty investigations on Frozen Warm-Water Shrimp from China and 6 other Countries

The US Commerce Department announced Friday [Jan 18] that it was launching countervailing duty investigations on frozen warm-water shrimp from China and other six countries. The investigations are in response to the petition filed by the US Coalition of Gulf Shrimp Industries, who alleged producers and exporters of China, Ecuador, India, Indonesia, Malaysia, Thailand and